Business News

Business

Intel Faces a Tough Quarter: Q4 Revenue Drops by 7% to $14.3 Billion Amid Economic Challenges

Intel Corporation reports a 7% drop in Q4 revenue to $14.3 billion, with a significant GAAP diluted loss per share of $0.03. The company's full-year revenue decreased by 2% to $53....

Business

Apple Achieves Record Q1 2025 Revenue with $124.3 Billion, Driven by Strong Product Sales

Apple Inc. reports a 4% increase in Q1 2025 revenue to $124.3 billion, marking its best quarter ever. Strong product sales and a significant rise in services revenue contribute to ...

Business

Apple Achieves Record Q1 2025 Revenue with a 4% Surge to $124.3 Billion

Apple Inc. reported a 4% increase in Q1 2025 revenue to $124.3 billion, driven by strong product sales and a significant rise in services revenue. Despite a slight decrease in iPho...

Business

Samsung's Q4 Revenue Skyrockets by 12% to $52.5B Amid Market Challenges

Samsung Electronics Co. reports a 12% increase in Q4 2024 revenue to $52.5B, with operating profit at $4.5B. Despite market challenges, annual revenue hits second-highest record at...

Business

New Cap on Senior Citizen Health Premium Hikes: A Relief Amid Rising Costs

Irdai caps senior citizen health premium hikes at 10% to combat rising mediclaim costs, urging insurers to standardize hospital empanelment and negotiate package rates for fairness...

Business

Whirlpool India Stocks Drop 20% Following US Parent's Major Stake Reduction Announcement

Whirlpool India's shares fell 20% after its US parent, Whirlpool Corporation, announced plans to reduce its stake in the Indian entity to about 20%. The move is expected to generat...

Business

US DoJ Challenges HPE's $14 Billion Juniper Acquisition Over Antitrust Concerns

The US Department of Justice has sued to block HPE's $14 billion acquisition of Juniper Networks, citing antitrust concerns. The deal, if allowed, could lead to market consolidatio...

Business

Amazon Shifts Strategy: Boosting Ad Spend on X.com Amidst New Opportunities

Amazon.com Inc. is increasing its advertising on X.com, reversing its previous decision to reduce ad spend due to content moderation concerns. CEO Andy Jassy influenced this strate...