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On Thursday, Samsung Electronics Co. (OTC:SSNLF) chairman Lee Jae-Yong couldn't resist teasing a crowd for being iPhone users during a casual dinner with Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang and Hyundai Chairman Chung Eui-sun in Seoul.A Star-Studded Fried Chicken Meetup In GangnamThe three business leaders reportedly met for an informal dinner of Korean fried chicken and beer at Kkanbu Chicken, a popular restaurant near Samseong Station in Seoul's upscale Gangnam district.The gathering drew a large c ...

Key Points Market crashes have a way of clarifying things. Crypto's latest flash crash was quite severe, but it didn't actually break the crypto market. Financial institutions significantly helped to stabilize things. 10 stocks we like better than Bitcoin › Markets have a way of teaching us the same lessons over and over again until we finally learn them, and can then stop paying the price of tuition. On Oct. 10, crypto's flash crash delivered a pop quiz with real consequences. Prices went lower, ...

Talk to us about the foundry cooperation with Samsung electronics. Are you in a way hedging TSMC. >> No, it hedging isn't really the right way to think about it.>> How would you describe it. >> Um, we have partners that that uh are excel at the areas of manufacturing semiconductors. It is not, as you know, I make chips.There are many companies that make chips and we make chips in different ways for different reasons and different different uh value propositions, if you will. And so it's the same with Samsun ...

Chinese autonomous driving firm Pony.ai has been granted the first citywide permit for driverless commercial robotaxi operations in the city of Shenzhen in southern China, it said on Friday. ...

Core Insights - Stellantis NV reported third-quarter earnings with a revenue of €37.2 billion (approximately $43 billion), surpassing market expectations of €35 billion ($40 billion) [2] - The company experienced a 13% year-over-year increase in shipments, totaling 1.2 million units, and a 13% increase in revenue compared to the previous year [2] Investment and Production - CEO Antonio Filosa announced a $13 billion investment in the U.S. aimed at enhancing Stellantis' presence in its largest market, which is the largest single investment in the company's history [3] - This investment will facilitate the introduction of five new models and increase U.S. production capacity by 50% over the next four years [3] Foreign Exchange Impact - The company faced significant foreign exchange challenges, with a negative impact of €1.7 billion (over $1.96 billion) at the group level during the third quarter [4] - Despite beating revenue expectations, the stock value declined over 9% due to these foreign exchange headwinds [5] Partnerships and Production Challenges - Stellantis announced a partnership with Pony AI Inc. to develop level 4 autonomous driving vans, with initial testing set to occur in Luxembourg this year and expansion planned for next year [6] - A fire at a Novelis facility affected aluminum processing, leading to halted production of the Jeep Wagoneer SUV in Warren, Michigan, as Novelis is a key supplier for Stellantis [7]

Shares in Puig Brands jumped after the beauty group said it could reach its full-year targets despite concerns over a downturn. ...

U.S. tariffs, restructuring costs and the postponement of an electric-vehicle platform weigh on profitability at the automaker. ...

Revolut has eliminated all fees and spreads when converting between USD and two major stablecoins, USDT and USDC, allowing its 65 million global users to exchange up to €500,000 every 30 rolling days at exact 1:1 rates. The move removes traditional friction points in moving between fiat and crypto, replicating the company’s decade-old approach to foreign exchange that made transparent currency conversion a standard expectation for digital banking users. Leonid Bashlykov, Head of Product Crypto at Revolut ...

Roberto Schmidt / AFP via Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. While global tensions rise and billion-dollar trade battles make headlines, Brianna from Washington, D.C., had a straightforward question for hosts of The Ramsey Show in a clip posted Feb. 24: "Can you explain how President Trump’s new executive order on tariffs will affect me on a personal level?” Must Read The administration's imposing tariffs on imported goods has ...