Shares of Panasonic Holdings Corp. soared 15% on its plans to overhaul personnel and trim underperforming businesses, part of a shift into high-margin areas like powering AI data centers.
The record demand was driven by central banks and investors as geopolitical and economic uncertainty continued apace.
The world’s demand for gold hit another record high in 2024 amid robust central bank purchases and investment demand growth, the World Gold Council said.
In a coordinated action, several Chinese government bodies announced actions targeting U.S. goods and companies at 1:02 p.m. local time, one minute after the U.S. formally increased tariffs on imports ...
In the wake of AI, unprecedented demand for data and computing power is outstripping capabilities. This will drive the ...
Financial writer discusses American Woodmark's declining stock, internal growth initiatives, and risks associated with ...
Rare earth elements are vital to developing critical infrastructure that supports global industries. InMotion's investment in Cyclic Materials brings Series B to $55M.
Advancements in AI-optimized hardware, including graphics processing unites, application-specific integrated circuits, and specialized chips, are fueling a boom in data center investments and ...
Faced with soaring costs to build and operate office space, law firms are searching for ways to manage their budgets while ...
Net income attributable to IES of $56.3 million for the first quarter of fiscal 2025, an increase of 37% compared with $41.0 million for the same quarter of fiscal 2024, and diluted earnings per share ...
The property business gearing was 26% at the end of July 2024, well below the 60% covenant. The trust’s interest cover ratio was 1.9 times at the end of January 2024, versus a covenant of 1.5 times.
The company, which makes silicon wafers used in semiconductor chips, posted 2024 revenue of 1.41 billion euros ($1.45 billion ...