Aase Stave

Samsung Electronics’ chip profit shrinks 40% from the previous quarter

Samsung Electronics' chip profit shrinks 40% from the previous quarter The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.

Chinese smartphone company Honor gets new investors as it gears up for IPO

Chinese smartphone company Honor gets new investors as it gears up for IPO Chinese smartphone company Honor on Thursday announced backing from new investors as the Huawei spinoff prepares for an initial public offering.

AMD shares fall as forecast fails to impress despite strong AI growth

AMD shares fall as forecast fails to impress despite strong AI growth AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.

Snap shares jump 10% on profit beat, stock buyback

Snap shares jump 10% on profit beat, stock buyback Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.

Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up

Apple returns to top 5 smartphone ranking in China with iPhone 16 as Huawei battle ramps up Apple returned to the top five ranking of China's smartphone market, helped by the launch of the iPhone 16, but its growth was still outpaced by Huawei.

Tesla shares close at highest in 13 months as post-earnings rally continues

Tesla shares close at highest in 13 months as post-earnings rally continues Following Tesla's best day on the market since 2013, the stock rose more than 3% on Friday, closing at its highest since September 2023.

The Oura Ring 4 is sleek and easy to wear but scratches easily. Here’s what it’s like

The Oura Ring 4 is sleek and easy to wear but scratches easily. Here's what it's like The Oura Ring 4 is a sleek and comfortable device that provides valuable health information, but it also scratched and showed signs of wear easily.

The UAE can guarantee the ‘safety and the security’ of U.S.-made chips, G42 CEO says

The UAE can guarantee the 'safety and the security’ of U.S.-made chips, G42 CEO says The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national security concerns.

Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs

Xpeng president says Chinese EV firm remains committed to Europe despite pressure from tariffs Xpeng, the Chinese electric vehicle maker, says it remains committed to Europe for the long term despite pressure it faces from the European Union's tariffs.

What internet data brokers have on you — and how you can start to get it back

What internet data brokers have on you — and how you can start to get it back Every click, purchase, and "like" you make online is harvested, packaged, and sold for profit, making personal data a valuable commodity for data brokers.

Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative

Cerebras IPO has 'too much hair' as AI chipmaker tries to sell Wall Street on Nvidia alternative Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags that complicate a potential debut.

Tesla shares drop 9% after Cybercab robotaxi reveal ‘underwhelmed’ investors

Tesla shares drop 9% after Cybercab robotaxi reveal 'underwhelmed' investors Tesla shares tumbled on Friday after the company's long-awaited robotaxi event failed to impress investors.