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Business

BlackRock Surges Ahead: Q1 Revenue Jumps 12% to $5.3 Billion Amid Market Challenges

BlackRock Inc. reports a 12% revenue increase to $5.3 billion in Q1 2025, despite a 4% drop in net income. CEO Larry Fink highlights the firm's strong client relationships and stra...

Business

JPMorgan Chase Reports Stellar Q1 Performance with 8% Revenue Surge to $46 Billion

JPMorgan Chase & Co. reports an 8% year-over-year revenue increase to $46 billion in Q1 fiscal 2025, with net income up 9% to $14.6 billion. CEO Jamie Dimon comments on economic ch...

Business

ByteDance Steps into the Future: Developing AI Smart Glasses to Rival Tech Giants

ByteDance, TikTok's parent company, is developing AI smart glasses, engaging with suppliers for features and pricing. Competing with Alibaba, this follows their AI earbuds launch, ...

Business

Karnataka High Court Orders Preservation of Emails in Byju’s Insolvency Case for Future Investigations

The Karnataka High Court has ordered the preservation of emails in the Byju’s insolvency case for the Corporate Insolvency Resolution Process or investigations, highlighting their ...

Business

Ex-Axis Capital Director and Associate Settle Insider Trading Allegations with Sebi for Over Rs 1 Crore

A former Axis Capital executive and another individual have settled an insider trading case with Sebi for Rs 1.13 crore, agreeing to stay away from the securities market for six mo...

Business

Scania Powers Up Its Future with Strategic Acquisition of Northvolt's Battery Systems Division

Scania, part of Volkswagen AG, acquires Northvolt's battery systems unit, including facilities and 260 employees, to strengthen its electrification strategy. The deal enhances Scan...

Business

Lucid Group Accelerates Expansion in Arizona with Major Facility Acquisition and 300+ New Jobs

Lucid Group, Inc. plans to acquire Nikola Corporation's former facilities in Arizona, adding over 884,000 square feet to its operations and offering jobs to 300+ former Nikola empl...

Business

BlackRock Reports a 12% Revenue Surge to $5.3 Billion in Q1 2025, Amidst Challenges

BlackRock Inc. reported a 12% increase in Q1 2025 revenue to $5.3 billion, despite a 4% drop in net income. CEO Larry Fink highlights strong client connectivity and the company's f...