Search results for third quarter
Finance
Daishin Securities posts 2.2 billion won Q3 operating loss on drop in trading value
Daishin Securities posted an operating loss in the third quarter due to a decline in market trading value, the company said. It reported a 2.2 billion won operating loss on a consolidated basis, swinging from a profit a year earlier and in the previous quarter. Revenue rose sharply from a year earlier but fell from the second quarter. The company also recorded a net loss for the quarter.
AI & Enterprise
Wall Street investment firm XN to buy more Anthropic despite AI stock slide, market skeptical
New York investment firm XN plans to take a large stake in AI company Anthropic’s IPO and buy more shares after listing, despite a pullback in AI-related stocks. XN, founded by Gaurav Kapadia, has backed Anthropic since 2025 and participated in three funding rounds. In the IPO market, some investors question the planned $1.5 trillion valuation and may push for a lower price, potentially delaying roadshow plans.
Industry
Hanwha Semitec taps Kim Jin-woo as new CEO to speed up TC bonder expansion
Hanwha Semitec said on Nov. 9 it has named business chief Kim Jin-woo as CEO-designate as it moves to accelerate expansion in TC bonders, equipment used to manufacture HBM. Kim previously worked at KPMG and AT Kearney and joined Hanwha Group last year. The company said it plans to pursue new markets including hybrid bonders and panel-level packaging. Current head Kim Ki-cheol will focus on expanding Hanwha Vision.
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Mobility
Tesla raises Cybertruck prices up to 10 percent, stops base-trim orders as entry price tops $90,000
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Finance
Hecto Financial posts record nine-month results, profitability improves on easy cash payments growth
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Industry
L&F Plus pushes development of \'precursor-free\' LFP cathode material
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Telecommunications & Media
Global smartphone shipments fall 20 percent; Samsung holds top spot
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Crypto
XRP November bullishness surges, but can 80% average return be trusted?
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Mobility
Tesla ends EV purchase referral rewards, shifts focus to growing FSD subscriptions
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Crypto
Japan\'s Eole to sell all 151 bitcoins, bet on AI data centres
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Industry
Volkswagen halts ID. Golf development after 5.9 billion euro loss shock
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Crypto
XRP burn rate jumps 147 percent, but price rebound not yet
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Crypto
Dogecoin slide raises doubts over rally after October drop
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AI & Enterprise
AI-driven web business model disruption becomes reality
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Finance
Brokerage views on South Korea\'s 2027 KOSPI diverge widely
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AI & Enterprise
Andy Jassy says AWS to become $1 trillion-a-year revenue business within 5 to 10 years
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AI & Enterprise
DoorDash CEO says AI agent orders are only in the hundreds, app orders still mainstream
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AI & Enterprise
Reddit shares plunge 30 percent on weak fourth-quarter forecast