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Online fast-fashion retailer Shein’s profit dropped by more than a third last year, adding to its challenges ahead of a planned listing on the London Stock Exchange, the Financial Times reported ...

Sam Altman is attempting a thorny maneuver, transforming OpenAI from a subsidiary of a convoluted nonprofit into a more conventional business. Jungwon Byun knows what that's like. In 2023 ...

In addition to net profit, two common metrics used to assess a company's core strengths and weaknesses are gross profit and earnings before interest, taxes, depreciation, and amortization (EBITDA).

An icon in the shape of a lightning bolt. Impact Link Chinese AI startup DeepSeek has projected it would have a cost-profit margin of 545% for its AI models — provided everyone currently using ...

BSNL has posted a net profit of ₹262 crore for the December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday (February 14 ...

China’s Baidu BIDU4.93%increase; green up pointing triangle reported lower revenue for the third straight quarter but doubled its profit as the search-engine giant’s growing AI business partly ...

Berkshire Hathaway shares rose to a record on Monday after the conglomerate run by Warren Buffett posted its highest-ever quarterly profit, driven by improvement in insurance operations.

SAN FRANCISCO (KGO) -- PG&E shattered profit records for the second year in a row. The utility announced Thursday it made $2.47 billion in profits in 2024. Over that same time, California state ...

One such metric, gross profit, plays a pivotal role in evaluating a business’s financial performance. Gross profit is a fundamental financial metric that reveals a company’s profitability ...