Foxconn beats estimates with record third-quarter revenue on AI demand
Sun, Oct 6, 2024 2:48 PM

Foxconn beats estimates with record third-quarter revenue on AI demand

A Flip by Avya Verma
Get it on Google Play
Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence (AI) servers. Revenue for Apple’s biggest iPhone assembler jumped 20.2% year on year to T$1.85 trillion ($57.3 billion). ”The result exceeded the company’s original expectations of significant growth/”

More great flips

China-focused hedge funds post explosive September returns

China-focused hedge funds post explosive September returns

Goldman Sachs estimates China-focused hedge funds had best weekly performance on record By Summer Zhen HONG KONG, - Some China-focused hedge funds are reporting explosive returns in September, thanks to a sharp rebound in Chinese stocks driven by Beijing's aggressive stimulus package. The surge in stocks, which fuelled a 25% record jump over five days last week in China's blue-chip CSI 300 Index.

Open Flip
Q2 results: TCS, IREDA, among companies to declare earnings next week

Q2 results: TCS, IREDA, among companies to declare earnings next week

The earnings season is all set to kick off next week with few marquee companies like 📌Tata Consultancy Services (TCS), 📌IREDA and others to reveal their quarter earnings ending on September 31, 2024. Shares of Tata Consultancy Services (TCS), India’s leading software services provider, will be in the spotlight as the IT giant is set to launch the Q2 earnings season on October 10.

Open Flip
Trade setup for Monday: Top 15 things to know before the opening bell

Trade setup for Monday: Top 15 things to know before the opening bell

Before market opens on Monday, check these things: 📌Key Levels For The Nifty 50 📌Key Levels For The Bank Nifty 📌Nifty Call Options Data 📌Nifty Put Options Data 📌Bank Nifty Call Options Data 📌Bank Nifty Put Options Data 📌Put-Call Ratio 📌India VIX 📌Long Unwinding (31 Stocks) 📌 Short Build-up (30 Stocks) 📌Short-Covering (57 Stocks) 📌High Delivery Trades 📌Stocks Under F&O Ban.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon