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)

SQUAWK BOX, FRIDAY 2ND AUGUST, 2019

SQUAWK BOX, FRIDAY 2ND AUGUST, 2019

The trade truce is off and has sent markets reeling. Squawk Box anchors digest the massive moves across asset classes after U.S. President Donald Trump loses patience with a lack of progress on trade ...

2 Aug 201925min

SQUAWK BOX, THURSDAY 1ST AUGUST, 2019

SQUAWK BOX, THURSDAY 1ST AUGUST, 2019

Will it be 'one and done'? U.S. stocks drop sharply as the Federal Reserve cuts rates by a quarter point for the first time since 2008. However, Chairman Jerome Powell suggests that this may not be th...

1 Aug 201923min

SQUAWK BOX, WEDNESDAY 31ST JULY, 2019

SQUAWK BOX, WEDNESDAY 31ST JULY, 2019

This hasn't happened in more than a decade. Squawk Box anchors preview today’s blockbuster U.S. Federal Reserve decision with the central bank poised to cut rates for the first time since the financia...

31 Jul 201924min

SQUAWK BOX, TUESDAY 30TH JULY, 2019

SQUAWK BOX, TUESDAY 30TH JULY, 2019

The focus today is on central banks with the Bank of Japan holding rates steady but markets anticipating a 25-basis point cut from the U.S. Federal Reserve. President Trump, however, insists that ‘a s...

30 Jul 201925min

SQUAWK BOX, MONDAY 29TH JULY, 2019

SQUAWK BOX, MONDAY 29TH JULY, 2019

The London Stock Exchange is set to expand its portfolio, confirming that it is buying data analytics platform Refinitiv for $27bn. In Asia, markets have been wary ahead of upcoming trade talks betwee...

29 Jul 201924min

SQUAWK BOX, FRIDAY 26TH JULY, 2019

SQUAWK BOX, FRIDAY 26TH JULY, 2019

A mixed session for Asian and U.S. stocks following concerns over central bank movements. The Federal Reserve is expected to be less aggressive next week but ECB president Mario Draghi has drawn the i...

26 Jul 201926min

SQUAWK BOX, THURSDAY 25TH JULY, 2019

SQUAWK BOX, THURSDAY 25TH JULY, 2019

It’s a massive day of earnings on both sides of the pond. Tech stocks lead the S&P 500 and Nasdaq to fresh peaks, while Facebook’s Q2 results fly in the face of recent regulatory concerns. Tesla, howe...

25 Jul 201924min

SQUAWK BOX, WEDNESDAY 24TH JULY, 2019

SQUAWK BOX, WEDNESDAY 24TH JULY, 2019

Squawk Box anchors talk to Annette Weisbach about Deutsche Bank's bigger-than-expected second-quarter loss, as its major overhaul eats into the bottom line. Autos are another big theme on the show, as...

24 Jul 201925min

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