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)

Investors eye U.S. GDP data

Investors eye U.S. GDP data

The Stoxx 600 reaches a new intra-day high with investors now anticipating the U.S. GDP print later today. Drug giant Novo Nordisk sees its shares soar as it seeks to gain U.S. approval for the pill-f...

23 Des 202525min

Stoxx 600 on track for bumper year

Stoxx 600 on track for bumper year

European markets move lower but the Stoxx 600 is on track to notch its best year since 2021. Oil prices rise and gold hits a new record high as the U.S. navy pursues a suspected third ‘dark fleet’ tan...

22 Des 202526min

BoJ raises rates to 30-year peak

BoJ raises rates to 30-year peak

The BoJ hikes interest rates to levels not seen for 30 years, causing yields to spike to multi-decade highs. Governor Kazuo Ueda says the central bank will continue to tighten should the economy move ...

19 Des 202530min

BP's Auchincloss steps down after investor pressure

BP's Auchincloss steps down after investor pressure

BP ousts its CEO Murray Auchincloss overnight following investor frustration with net zero strategy and share under-performance. He is replaced by Woodside Petroleum’s Meg O’Neill who becomes the oil ...

18 Des 202519min

UK November inflation dips ahead of BoE rate decision

UK November inflation dips ahead of BoE rate decision

European futures pint to the green and the UK government is buoyed by the November CPI year-on-year print which came in 0.3 per cent lower than expected. The services CPI is down 0.2 per cent, beating...

17 Des 202526min

Jittery investors continue to dump A.I. stocks

Jittery investors continue to dump A.I. stocks

The A.I. stock sell-off continues with U.S. futures suggesting a day in the red. Investors now await the U.S. jobs report later today. President Trump signals that a Ukraine peace deal is ‘closer now ...

16 Des 202527min

European markets shrug off Friday A.I.-fuelled stock sell-off

European markets shrug off Friday A.I.-fuelled stock sell-off

European markets are set to open in the green following Friday’s A.I.-led stock sell-off ahead of a variety of data prints and rate decisions later in the week. Ukraine abandons demands for NATO membe...

15 Des 202526min

UK October GDP contracts

UK October GDP contracts

UK GDP data for October disappoints coming in at -0.1 per cent month on month with services output falling by 0.3 per cent. Oracle shares tumble to their lowest level since January as investors show t...

12 Des 202527min

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