Qualcomm, Arm smash Q4 targets but shares down in late trading

Qualcomm, Arm smash Q4 targets but shares down in late trading

Chip manufacturers Qualcomm and Arm both top Q4 expectations after the bell but A.I. capex concerns push shares down. The Nissan-Honda merger is reportedly in jeopardy as Nissan shareholders’ “growing differences” could now potentially lead to the $58bn deal being scrapped. Société Générale enjoys a doubling of Q4 profits helped by a rebound in its retail banking arm. The French lender’s FY revenue tops targets and is also promising a share buyback. France’s new government survives two no-confidence votes in the Assemblée Nationale which will now allow Prime Minister Francois Bayrou to pass the country’s delayed budget. And in the UK, the Bank of England is expected to cut interest rates by a quarter point as well as issue a potential growth forecast downgrade.

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SQUAWK BOX, TUESDAY 9TH APRIL, 2019

Squawk Box anchors discuss the US government’s threat to slap $11bn-worth of tariffs on EU products, including aircraft, wine, cheese and apparel, in response to Brussels’ subsidies for Airbus. UK Pri...

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SQUAWK BOX, MONDAY 8TH APRIL, 2019

SQUAWK BOX, MONDAY 8TH APRIL, 2019

Squawk Box anchors discuss U.S. stocks logging their second straight weekly rise after a strong jobs print, while Chinese shares reverse early gains despite hints of more stimulus from Beijing. Presid...

8 Huhti 201924min

SQUAWK BOX, FRIDAY 5TH APRIL, 2019

SQUAWK BOX, FRIDAY 5TH APRIL, 2019

Squawk Box anchors discuss the Dow jumping more than 150 points amid hopes for a U.S.-China trade deal as Beijing's top trade negotiator says a 'new consensus' has been reached. Meanwhile, the man who...

5 Huhti 201924min

SQUAWK BOX, THURSDAY 4TH APRIL, 2019

SQUAWK BOX, THURSDAY 4TH APRIL, 2019

Squawk Box anchors discuss the upcoming trade talks between President Trump and China’s top trade negotiator Liu He with White House chief economic advisor Larry Kudlow touting progress on many sticki...

4 Huhti 201924min

SQUAWK BOX, WEDNESDAY 3RD APRIL, 2019

SQUAWK BOX, WEDNESDAY 3RD APRIL, 2019

Squawk Box anchors discuss the UK Prime Minister Theresa May’s decision to seek another Brexit extension from the EU as she announces plans to reach across the aisle and hold compromise talks with Lab...

3 Huhti 201924min

SQUAWK BOX, TUESDAY 2ND APRIL, 2019

SQUAWK BOX, TUESDAY 2ND APRIL, 2019

Squawk Box anchors discuss the US stock markets’ strong start to the second quarter on the back of surprisingly solid gains in manufacturing activity in the US and China, also helping Chinese stocks h...

2 Huhti 201924min

SQUAWK BOX, MONDAY 1ST APRIL, 2019

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Squawk Box anchors discuss the best first quarter for the S&P 500 in twenty years while Asian stocks surge off the back of unexpectedly strong Chinese manufacturing growth. UK prime minister Theresa M...

1 Huhti 201924min

SQUAWK BOX, FRIDAY 29TH MARCH, 2019

SQUAWK BOX, FRIDAY 29TH MARCH, 2019

Squawk Box anchors discuss the latest round of US-China trade talks resuming in Beijing, as Chinese stocks rally on hopes of progress. The S&P is on track to record its best Q1 since 1998 but legendar...

29 Maalis 201924min

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