SK Hynix reports record quarterly operating loss, but expects rebound later this year

[ad_1] South Korean chipmaker SK Hynix has reported a record quarterly operating loss of 3.4 trillion won ($2.54 billion) for the first quarter of the year. According to Reuters, this…

Stock markets close quiet week with small gains

[ad_1] Stocks capped a listless day of trading Friday with slight gains for the major stock indexes, closing out a quiet week on Wall Street highlighted by a batch of…

Airbnb beats on profit and revenue, stock is up

[ad_1] Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Shares of Airbnb rose about 9% in extended trading Tuesday after the company released fourth-quarter earnings that beat…

The Covid pandemic drives Pfizer’s 2022 revenue to a record $100 billion

[ad_1] Empty vials of Pfizer-BioNTech coronavirus disease (COVID-19) children’s vaccines are pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, U.S., May 19, 2022.  Hannah Beier | Reuters The ongoing Covid-19 pandemic…