Siemens Q3 income soars by almost 50%

Siemens Q3 income soars by almost 50%

Siemens net income surges by almost 50 per cent in Q3 and the firm confirms its FY guidance despite some orders slowing. Japan’s Nikkei 225 pares losses as Wall Street ends back in the red. JPMorgan estimates the U.S. economy has a 1 in 3 chance of falling into recession this year but CEO Jamie Dimon tells our colleagues Stateside things remain OK – for now. We hear from Infineon CEO Jochen Hanebeck who tells CNBC that the race for building the next generation of A.I. data centres is now on as the German chip giant opens a new facility in north-west Malaysia. And in media news, Warner Bros. Discovery shares slide in extended trade off the back of a $9bn write-down. Disney feels similar weakness despite the firm’s combined streaming profit coming into the black for the first time.

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Episoder(1838)

SpaceX targets $1.8tn valuation in record market debut

SpaceX targets $1.8tn valuation in record market debut

SpaceX eyes a valuation of almost $1.8tn at its listing next week. It has marketed more than half a billion shares at $135 which will make it the largest IPO of all time. The U.S. equity markets end a...

4 Jun 28min

SpaceX targets $75bn IPO raise

SpaceX targets $75bn IPO raise

SpaceX is reportedly planning a float share price of $135, eyeing around a $75bn IPO raise. However, Morningstar analysts believe the figure is hugely overpriced while Goldman Sachs CEO David Solomon ...

2 Jun 29min

Anthropic files confidentially for U.S. listing

Anthropic files confidentially for U.S. listing

Anthropic is joining the A.I. IPO race, filing confidentially following last week’s latest funding session revealed the company being valued at close to $1tn. However, Open AI’s Sam Altman tells CNBC ...

2 Jun 26min

Softbank poised to make €75bn France A.I. investment

Softbank poised to make €75bn France A.I. investment

We are live in Paris where Japan’s Softbank has pledged up to €75bn for Europe’s largest A.I. data centre project. Asian chip stocks are in the green as investors eye potential meetings with Nvidia CE...

1 Jun 25min

Oil falls back on renewed peace agreement optimism

Oil falls back on renewed peace agreement optimism

Oil dips after a White House official says the U.S. and Iran are close to a temporary peace agreement. Vice President JD Vance says he feels ‘pretty good’ about how negotiations are progressing. Today...

28 Mai 26min

Crude jumps after Iranian strike on Kuwait

Crude jumps after Iranian strike on Kuwait

Oil prices whipsaw with Brent up almost 3 per cent following an Iranian missile and drone attack on a U.S. air base in Kuwait. The strikes were followed by the U.S. targeting of a ground control stati...

27 Mai 27min

SK Hynix tops $1tn market value

SK Hynix tops $1tn market value

SK Hynix becomes the latest company to be valued at $1tn due to investor enthusiasm for A.I.-linked semi-conductor stocks. Iran accuses the U.S. of breaching the ceasefire with President Trump set to ...

26 Mai 24min

Iran peace deal 'will take a couple of days', says Rubio

Iran peace deal 'will take a couple of days', says Rubio

U.S.-Iran peace talks remain undecided, keeping oil markets volatile. U.S. Secretary of State Marco Rubio is positive a good deal will be reached but settling all details will require more time. The U...

25 Mai 29min

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