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Business

Abbott Labs Surpasses Expectations with an 8.2% Increase in Q1 Profits to $1.3B

Abbott Laboratories reports a 4% increase in Q1 revenue to $10.4 billion and an 8.2% rise in net earnings to $1.3 billion, with CEO Robert Ford crediting the company's diversified ...

Business

Abbott Labs Surges with an 8.2% Profit Increase in Q1 2025, Outperforming Market Expectations

Abbott Laboratories reports a 4% revenue increase to $10.4 billion and an 8.2% rise in net earnings to $1.3 billion in Q1 2025, with CEO Robert Ford attributing success to the comp...

Business

ASML Reports Stunning 45% Surge in Q1 Net Sales, Reaching €7.7 Billion

ASML Holding NV reported a 45% increase in Q1 net sales to €7.7 billion, with net income doubling to €2.4 billion. The company remains optimistic about growth in 2025 and 2026, des...

Business

TSMC Announces a Significant 30% Price Increase at US Foundries Due to Rising Operational Costs

TSMC is raising prices at its US foundries by 30% due to higher operational costs, impacting major tech companies like Apple and Nvidia amidst tariff uncertainties.

Business

ASML Reports Stellar 45% Surge in Q1 Net Sales to €7.7 Billion, Eyes Growth in AI-Driven Market

ASML Holding NV announced a 45% increase in Q1 net sales to €7.7 billion, with net income doubling. The company remains optimistic about growth in 2025 and 2026, driven by artifici...

Business

TSMC Announces Significant 30% Price Hike at US Foundries Amid Rising Operational Costs

TSMC is set to increase prices at its US foundries by 30% due to higher operational costs, affecting major tech companies like Apple and Nvidia. This comes amid uncertainty over US...

Business

ASML's Q1 Financial Surge: Net Sales Leap 45% to €7.7 Billion Amid AI Boom

ASML Holding NV announces a 45% increase in Q1 net sales to €7.7 billion, with net income doubling. The company remains optimistic about growth in 2025 and 2026, despite macroecono...

Business

TSMC Announces Significant 30% Price Increase at US Foundries Amid Rising Operational Costs

TSMC is set to increase prices by 30% at its US foundries due to higher operational costs, potentially affecting major tech companies like Apple and Nvidia. This move could reshape...