Tag: Profits
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AI chip boom lifts Samsung profits by 1,800%
It comes as demand for semiconductors continues to outstrip supplies, which has pushed up prices.
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Micron posts record results as AI boom drives 15-fold jump in profit
The US chipmaker Micron Technology has reported quarterly revenue and profit far above Wall Street’s expectations, as insatiable demand for the memory chips that power AI transformed the firm’s fortunes.
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BMW warns of ‘significant’ profit decline as shares fall 7%
The German luxury carmaker lowered its profit outlook for 2026 as sales slump in China and the conflict in the Middle East weighs on energy prices and consumer confidence.
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Iran war fuel shock wipes out half of airline profits in 2026
Revenues are forecast to rise strongly and passenger traffic to hit new records, yet the global airline industry is seeing profits squeezed by an Iran war-driven jet fuel price shock, according to the industry’s latest outlook.
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Remy Cointreau posts 35% profit drop, shares jump on recovery hopes
French drinks group Remy Cointreau reported a 35% drop in full-year net profit on Thursday as tariffs slammed sales in its key China and US markets. Despite this, shares soared more than 10% on Thursday morning.
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Zara owner Inditex defies Iran war concerns with strong sales
Inditex delivered first-quarter results that exceeded analyst forecasts, with net sales climbing 5.8% to €8.7 billion and the company signalling an even stronger start to the second quarter. The firm’s stock has surged over 5%.
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