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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Episoder(1823)

Trump doubles down on Greenland tariffs threat

Trump doubles down on Greenland tariffs threat

President Trump has warned 8 European countries of further tariffs should they block the U.S. from acquiring Greenland by June. U.S. Treasury Secretary Scott Bessent, says European leaders will eventu...

19 Jan 28min

Inflation could 'roar back' if Fed independence compromised

Inflation could 'roar back' if Fed independence compromised

Chicago Federal reserve Chairman Austan Goolsbee says the removal of Fed independence would see inflation “roaring back” and the IMF managing director Kristalina Georgieva has pledged her support behi...

16 Jan 27min

UK GDP defies forecasts to return to growth in November

UK GDP defies forecasts to return to growth in November

UK GDP figures for November beat expectations to come in 0.3 per cent higher month-on-month and 1.4 per cent year-on-year. Denmark and EU allies boost their troop presence in Greenland as talks in Was...

15 Jan 26min

U.S. Core CPI bucks estimates in December

U.S. Core CPI bucks estimates in December

U.S. core inflation data for December dips slightly below forecasts with hopes it may have peaked. President Trump once again lashes out at Federal Reserve chairman Jerome Powell over interest rate cu...

14 Jan 28min

Powell probe prompts Fed pushback

Powell probe prompts Fed pushback

All former living Federal Reserve Chairs sign a joint condemnation of the federal criminal investigation into current chairman Jerome Powell. UBS CEO Sergio Ermotti is reportedly eyeing an exit from t...

13 Jan 26min

U.S. DoJ launches criminal probe into Fed's Powell

U.S. DoJ launches criminal probe into Fed's Powell

Federal Reserve Chairman Jerome Powell is under federal criminal investigation amid the central bank’s $2.5bn building renovation. Powell blamed President Trump behind the move and warned that the ind...

12 Jan 28min

Investors await U.S NFP data

Investors await U.S NFP data

European equities are starting the day in the green with attention focusing on the U.S. non-farm payroll print out later today, as well as a crucial Supreme Court ruling on tariffs. Chinese December i...

9 Jan 31min

U.S. Venezuela Oil Plan

U.S. Venezuela Oil Plan

The U.S. administration says it will control Venezuela's oil sales indefinitely, with Energy Secretary Chris Wright telling CNBC the plan is needed to drive change in the country. European stocks look...

8 Jan 27min

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