Samsung doubles down on AI with $37B but investors see red
Samsung Electronics reported a significant decline in its operating profit for the fourth quarter, following increased R&D spending and weakness in its semiconductor business. The South Korean company...
Apple’s iPhone 16 outsold iPhone 15 but there’s a catch
Apple Inc. reported record fiscal first-quarter earnings for 2025, with revenues reaching $124.3 billion, a 4% year-over-year increase, despite a slight dip in iPhone sales.
Apple posts record earning...
Comcast stock crashes 10%: Here’s what spooked investors
Comcast’s stock fell over 10% on Thursday morning following the company’s announcement of a larger-than-expected drop in broadband customers for the fourth quarter and stagnation in subscriber gro...
Nothing Phone (3a) might go head-to-head with iPhone SE 4
Nothing has confirmed that its launch event on March 4 will be for the Nothing Phone (3a) series, potentially unveiling more than one device, including the Phone (3a) and Phone (3a) Plus. This informa...
DeepSeek under US scrutiny over potential skirting of Nvidia ban
DeepSeek, the Chinese AI company that managed to wipe a trillion dollars from the market with its new chatbot, is being investigated by the US. The company is being probed to see if it bought and used...
FinTech IPO Index Surges 4.9% as Open Lending Leads Platforms Higher
As is often the case, platforms were the determinant of how the FinTech IPO Index fared this week, and as several of those firms posted double digit growth, the Index gained 4.9%.
Open Lending was the...