SK Hynix says AI boom will drive profits after third-quarter loss narrows
SK Hynix said its business selling DRAM chips, had returned to profit in the third quarter, after reporting losses in the first two quarters of this year.
A zoom call by the beach? Here are the 10 best ‘workcation’ cities for remote workers
The top 3 cities that ranked the highest for being attractive for workcation” are: Barcelona, Dubai and Prague. Melbourne and Sydney were among the top 10.
Singapore bank UOB sees stronger 2024 outlook, third-quarter net profit trails estimate
UOB, Singapore’s third-largest bank by assets, projected mid single-digit loan growth and double-digit fee growth for its 2024 outlook.
Looking to invest long-term in Nvidia? Here’s how to play the stock according to one growth investor
Nvidia has been getting a lot of love this year but the recent export controls has put a dent on the company’s activity.
TSMC, Alibaba and more: Goldman reveals AI stocks in its ‘conviction list’ — giving one 105% upside
Investor sentiment around artificial intelligence has weakened on the back of recent U.S. export curbs on AI chips — but Goldman is still bullish.
South Korea and Japan lead losses in Asia market sell-off; Australia shares close at one-year low
Asia-Pacific markets weaken, South Korea’s SK Hynix fell after it announced quarterly results, while Australia shares touched over a year low.
Meta’s ad rebound gets huge assist from China even though its services are banned there
Meta finance chief Susan Li told analysts on Wednesday that Chinese companies played a major role in the third quarter in driving revenue growth
CNBC Daily Open: Shiny Meta
Artificial intelligence is helping Meta top its rivals in targeting customers on its various online platforms, improving ad effectiveness.
Nasdaq tumbles 1.7% Thursday, descending further into correction territory: Live updates
The major averages are coming off of Wednesday’s notable losses.
Mattel says Barbie sales grew 16% as blockbuster movie became a phenomenon
Mattel reported earnings and revenue that came in higher than Wall Street’s expectations.
