Business, General China’s stimulus plans are choking the profitability of its megabanks, analysts say November 8, 2024 The country’s banking industry has grappled with weakening profitability under the weight of lower mortgage rates and ailing credit demand.
Novo Nordisk shares plunge 9% after Alzheimer’s drug trial fails to hit key target Shares of Novo Nordisk plunged after the Danish drug pharmaceutical company said a highly-anticipated trial for Alzheimer’s disease failed to…
An inside look at SK Hynix $720 billion AI-fueled buildout that’s taking over South Korea SK Hynix, the leading maker of high-bandwidth memory, is pouring $720 billion into memory factories to meet AI demand. We…
Nvidia shares rise on stronger-than-expected revenue, forecast Nvidia CEO Jensen Huang said sales for the company’s current-generation GPU, called Blackwell, are “off the charts.”