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...Samsung and SK Hynix are large sources of second-hand equipment supply due to the rapid turnover of tools as memory chipmakers move swiftly from one generation of chip to the next....
...On Thursday, Samsung announced a second quarter operating profit of Won 668.5bn ($522mn), a 95 per cent drop on the same period last year....
...Consumers have turned to short-form video, a move driven by phone usage and the exponential growth of TikTok, particularly among the younger generation....
...Second, the videos themselves very much play to traditional TikTok tropes of dance trends and lip-syncing....
...Today, the latest chips can transfer data equivalent to more than 160 full-HD movies in under one second....
...On a conference call, Musk refused to be drawn on specific plans for an affordable “next generation vehicle” or how it would be produced using Tesla’s current infrastructure....
...But it is a new generation of non-addictive painkillers that analysts say are the most promising drugs in Vertex’s pipeline....
...Perversely, property owners may be dissuaded in future from converting their properties back to long-term lets if they have to apply for another change of use, warns the campaign group Generation Rent....
...And the A17 Pro chip in the iPhone 15, also announced at the same time, has a neural engine that the company says is twice as fast as previous generations....
...It counts makers of flooring, paint, insulation, roofing and modular homes among its subsidiaries....
...Google launched its first standalone AI consumer product in May with its Bard chatbot, followed by a second-generation model named Gemini in December....
...Maybe at some point we might even have an “Everything Index” that financial theorists have been fantasising about for generations?...
...One nine-second clip, for example, features an empty McDonald’s restaurant, supposedly after all the employees had quit en masse....
...There were maybe 10, 20 of us, second-generation Koreans, all huddled in this youth group. It was like summer stock. And it was probably terrible. But it felt really important.”...
...Chief executive Elon Musk said the company was preparing to start production of a new lower-cost car in the second half of 2025, five years after first mooting plans to do so, which would use “revolutionary...
...Jamie Hannah, deputy head of investments at VanEck, which holds more than 5mn shares and voted in favour of the takeover, said Origin now needed to set “more aggressive targets” for renewable power generation...
...Trott stuff Byron Trott, perhaps the most successful investment banker of his generation, has helped Buffett, the Pritzkers, the Waltons, and the Mars families....
...Another $13.7bn combined has gone into a second JPMorgan covered call product and a third from Global X, both focused on the Nasdaq Composite index....
...This story has been corrected to note Mario Gabelli is the second-largest holder of Paramount’s voting shares, rather than NAI’s....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...Second, wait for someone like Enbridge, a Calgary-based company, to unbundle them....
...Lex writes the second trillion is always the hardest. And: We reveal what the future holds for Manchester United football club as it looks to welcome in Jim Ratcliffe as a minority investor....
...Auction sales in China fell 3 per cent, making it the second biggest market in this arena in 2023, after the US. Because of the Allen sale, Christie’s had the greatest fall at auction, of 30 per cent....
...If there were to be an IPO, it would be in the second half of the decade, he added....
...SK Hynix has also been buoyed by strong demand for the latest generations of its “high bandwidth memory” chips, crucial components in the systems needed to train artificial intelligence models such as OpenAI...
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