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Foxconn reports 27% rise in Q2 profit on strong AI demand
Economic News Market News
14/08/2025
Foxconn reports 27% rise in Q2 profit on strong AI demand
The Taiwanese technology giant posted impressive second-quarter growth figures on Thursday, led by growth in its AI server ...
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Chinese tech giant Tencent reports 15% growth in Q2 revenue
Economic News Market News
13/08/2025
Chinese tech giant Tencent reports 15% growth in Q2 revenue
Second-quarter revenue for the China-based multinational company rose 15% on strong gaming unit performance and ongoing AI investments.
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Nvidia and AMD to pay 15% of China revenues to US government
Economic News Market News
11/08/2025
Nvidia and AMD to pay 15% of China revenues to US government
Leading chipmakers Nvidia and Advanced Micro Devices (AMD) have agreed to the deal in order to secure export ...
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Trump plans 100% tariffs on imported semiconductors
Economic News Market News
07/08/2025
Trump plans 100% tariffs on imported semiconductors
The US president has announced plans to impose new 100% tariffs on semiconductor chips made outside of the ...
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AMD shares fall after mixed Q2 earnings results
Economic News Market News
06/08/2025
AMD shares fall after mixed Q2 earnings results
The stock price of Advanced Micro Devices (AMD) dropped 4% in after-hours trading on Tuesday after reporting mixed ...
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Palantir stock climbs on billion-dollar Q2 revenue
Economic News Market News
05/08/2025
Palantir stock climbs on billion-dollar Q2 revenue
Palantir (PLTR) stock rallied after beating all analyst estimates to record second-quarter revenue of more than $1 billion ...
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Meta stock rises 11% after strong Q2 earnings data
Economic News Market News
31/07/2025
Meta stock rises 11% after strong Q2 earnings data
Meta stock rallied after it reported better-than-expected second-quarter results, with revenue and profits exceeding analysts’ expectations.
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HSBC announces major share buyback as Q2 profit drops 29%
Economic News Market News
30/07/2025
HSBC announces major share buyback as Q2 profit drops 29%
Europe’s biggest lender has announced a $3 billion share buyback after missing second-quarter profit and revenue expectations.
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European stocks hit 4-month highs on US-EU trade deal
Economic News Market News
28/07/2025
European stocks hit 4-month highs on US-EU trade deal
European stocks rose to 4-month highs after the European Union agreed a deal with Donald Trump to set ...
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Volkswagen reports 29% drop in second-quarter profit
Economic News Market News
25/07/2025
Volkswagen reports 29% drop in second-quarter profit
Shares in the German carmarker fell after it reported a significant decline in operating profit, with ongoing tariffs ...
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