Publication

Byline

Global AI Stock Rout Freezes South Korea's Market and Stalls OpenAI's IPO Plans

New Delhi, June 26 -- 46 a.m. on June 23, the Korea Exchange triggered a market-wide circuit breaker, a halt it had not imposed since the pandemic, after the Kospi fell 9.99% in a single session, its ... और पढ़ें


Micron Posts Record $41.5B Quarter as AI Memory Contracts Lock In a New Market Floor

New Delhi, June 26 -- BOISE - The same AI memory crunch that forced Apple Inc. AAPL to raise prices on every MacBook and iPad it sells produced, on the other side of the supply chain, the most profita... और पढ़ें


Caesars Locks Up Three of Maine's Four Online Casino Licenses in Wabanaki Nations Deal

New Delhi, June 26 -- a state iGaming market with no commercial operator competition at launch. Caesars Entertainment Inc. (Nasdaq: CZR) moved on Tuesday to secure most of it. Caesars Palace Online C... और पढ़ें


Volkswagen CEO Eyes 100,000 Job Cuts and Closure of Four German Plants in Biggest Overhaul in Company History

New Delhi, June 26 -- WOLFSBURG - Four German factories would go dark. One hundred thousand jobs would disappear. And the company contemplating that arithmetic is the same one that signed a formal agr... और पढ़ें


Micron CEO Admits Supply Can't Keep Up With AI Demand After Record $41.5B Quarter

New Delhi, June 26 -- NEW YORK - Sanjay Mehrotra's company just posted the best quarter in its 46-year history. He spent part of the earnings call explaining why that is not enough. MU) reported $41.... और पढ़ें


Micron's Revenue Quadrupled to $41 Billion as AI's Memory Hunger Outpaces Supply

New Delhi, June 26 -- BOISE - Every artificial intelligence data center in the world is waiting for memory chips that Micron Technology cannot build fast enough. That scarcity just produced the most p... और पढ़ें


Crude Falls Four Sessions as Iran Ceasefire Closes In and Goldman Cuts Its Target

New Delhi, June 26 -- LONDON - Crude oil fell for a fourth consecutive session on Thursday as Brent touched $73 a barrel and West Texas Intermediate slid below $70, completing the erasure of most of t... और पढ़ें


McCormick Reports 16.7% Revenue Growth, But the Organic Number Tells a Different Story

New Delhi, June 26 -- HUNT VALLEY, MARYLAND - McCormick & Company reported quarterly revenue that jumped 16.7 percent from the same period a year ago. The figure that matters more is 1.7 percent. The... और पढ़ें


Merck KGaA Bets $11.3 Billion on Bio-Techne and the Tools That Build Tomorrow's Drugs

New Delhi, June 26 -- MINNEAPOLIS - For nearly a decade, Merck KGaA has been looking for a way to remake itself into something more than a chemicals company that happens to sell cancer drugs. The answ... और पढ़ें


Iran-Israel War Oil Surge and AI Costs Drive US Inflation to Three-Year High

New Delhi, June 26 -- WASHINGTON - At gas stations across the United States last month, Americans paid more for a fill-up than at any point in three years. The Iran-Israel war's toll on the Strait of ... और पढ़ें