NEW YORK, Aug. 25 -- Broadcom has told investors that its artificial-intelligence chip revenue will grow by more than 200 per cent this quarter, reaching $16 billion. Not 20 per cent. Not 100. More th... Read More
NEW YORK, Aug. 24 -- Tesla asked the state of Nevada for permission to run 5,000 autonomous vehicles in Las Vegas. It was granted ten. The conditions attached to those ten are worth reading in full. ... Read More
NEW YORK, Aug. 24 -- AMD's biggest artificial-intelligence customer can buy up to 160 million AMD shares. At Monday's price that option covers about $73 billion of the company, roughly a tenth of it, ... Read More
NEW YORK, Aug. 24 -- Costco rose. So did Alphabet, Amazon, Booking Holdings, Mondelez and Microsoft. Of the thirty-two largest Nasdaq companies Eastern Herald checked shortly after 12:35pm in New York... Read More
NEW YORK, Aug. 24 -- On August 12 Intel sold 210,526,315 new shares at $95 each. The offering had been announced at $15 billion and was pushed up to $20 billion on the strength of demand, with JPMorga... Read More
NEW YORK, Aug. 24 -- Eleven days ago SanDisk sat investors down and told them what a flash memory company can be worth. From fiscal 2028 through fiscal 2030, it said, expect gross margins of around 80... Read More
MUMBAI, Aug. 24 -- Larsen and Toubro won Rs.1,08,014 crore of new orders in the June quarter and recognised Rs.67,942 crore of revenue. For every rupee of work it finished, it signed up Rs.1.59 more. ... Read More
MUMBAI, Aug. 24 -- Tata Steel's Indian operations earned Rs.9,908 crore of EBITDA in the June quarter. The entire group, India and Europe together, earned Rs.9,370 crore. The difference between those ... Read More
MUMBAI, Aug. 24 -- Hindalco Industries runs two aluminium businesses. One smelts the metal in India and earns a 55 percent margin on it. The other rolls it into sheet in North America and Europe, sell... Read More
MUMBAI, Aug. 24 -- Hindustan Zinc dug 268,000 tonnes of metal out of the ground in the June quarter and got it out at $851 a tonne, the cheapest it has ever managed. The share price has risen 8.4 perc... Read More