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, MONDAY 1ST JULY, 2019

SQUAWK BOX, MONDAY 1ST JULY, 2019

Chinese stocks and U.S. futures surge after Presidents Trump and Xi agree on a trade truce at the G20 summit in Osaka, calling a time-out on any fresh tariffs. President Trump also makes a historic vi...

1 Jul 201924min

SQUAWK BOX, FRIDAY 28TH JUNE, 2019

SQUAWK BOX, FRIDAY 28TH JUNE, 2019

CNBC confirms Chinese President Xi Jinping is ready to offer the U.S. a set of demands to conclude a trade deal which would feature lifting a ban on Huawei, while President Trump emphasises the import...

28 Jun 201925min

SQUAWK BOX, THURSDAY 27TH JUNE, 2019

SQUAWK BOX, THURSDAY 27TH JUNE, 2019

Asian shares rise on a report that the U.S. and China have struck a trade truce ahead of a meeting between Presidents Trump and Xi at the G20 in Osaka, Japan this weekend. President Trump also boosts ...

27 Jun 201925min

SQUAWK BOX, WEDNESDAY 26TH JUNE, 2019

SQUAWK BOX, WEDNESDAY 26TH JUNE, 2019

Asian stocks follow Wall Street into the red after U.S. Federal Reserve chairman Jerome Powell plays down expectations of an interest rate cut, saying monetary policy should not overreact to any indiv...

26 Jun 201924min

SQUAWK BOX, TUESDAY 25TH JUNE, 2019

SQUAWK BOX, TUESDAY 25TH JUNE, 2019

Squawk Box anchors discuss the new wave of sanctions against Iran signed by President Trump, this time directly targeting the nation’s supreme leader, Ayatollah Ali Khamenei. We are live in Manama, Ba...

25 Jun 201924min

SQUAWK BOX, MONDAY 24TH JUNE, 2019

SQUAWK BOX, MONDAY 24TH JUNE, 2019

The U.S. prepares to unveil additional sanctions against Iran, ramping up tensions between the two nations. President Trump says he is not looking for war, while the U.S. envoy to Iran tells CNBC excl...

24 Jun 201925min

SQUAWK BOX, FRIDAY 22TH JUNE, 2019

SQUAWK BOX, FRIDAY 22TH JUNE, 2019

The Squawk Box anchors discuss the latest escalation in tensions between Washington and Tehran, which sent oil prices sharply higher.President Trump reportedly approved military strikes against Iran b...

21 Jun 201924min

SQUAWK BOX, THURSDAY 20TH JUNE, 2019

SQUAWK BOX, THURSDAY 20TH JUNE, 2019

Squawk Box anchors discuss the U.S. Federal Reserve's dovish interest rate hold for June but the central bank signals more cuts could be on the way, as Chairman Jerome Powell flags concerns about the ...

20 Jun 201924min

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