src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8050569412065003" crossorigin="anonymous">[/script]

Fintech GoCardless halves loss, targets full-year profit by 2026 newsthirst.

Hiroki Takeuchi, co-founder and CEO of GoCardless. Zed Jameson | Bloomberg | Getty Images Financial technology unicorn GoCardless more than halved losses in 2024 and said it’s aiming to reach full-year profitability by 2026. The London-based startup, which helps businesses collect recurring payments such as subscriptions, reported a net loss of £35.1 million ($43.8 million)…

Read More

Samsung fourth-quarter profit falls short of estimates as AI demand remains strong newsthirst.

Photo illustration showing the Samsung Group company logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Samsung Electronics on Friday reported better-than-expected fourth-quarter revenue, though its operating profit dropped sharply from the previous three months due to higher R&D expenses in its chips segment. Here are Samsung’s fourth-quarter results compared with…

Read More

Nvidia supplier SK Hynix posts record quarterly profit on strength of AI boom newsthirst.

SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix, one of the world’s largest memory chipmakers, posted record quarterly earnings…

Read More

Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend newsthirst.

Saudi Aramco’s Ras Tanura oil refinery and oil terminal Ahmed Jadallah | Reuters Saudi state oil giant Aramco reported a 15.4% drop in net profit in the third-quarter on the back of “lower crude oil prices and weakening refining margins,” but maintained a 31.05 billion dividend. The company reported net income of $27.56 billion in…

Read More