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(1822)

SQUAWK BOX, TUESDAY 23RD APRIL, 2019

SQUAWK BOX, TUESDAY 23RD APRIL, 2019

Squawk Box anchors discuss soaring oil prices following Washington’s decision to end sanctions waivers on Iranian crude imports. We preview the busiest week of corporate earnings this year so far with...

23 Apr 201924min

SQUAWK BOX, THURSDAY 18TH APRIL, 2019

SQUAWK BOX, THURSDAY 18TH APRIL, 2019

Squawk Box anchors discuss the fall in Asian stocks from a nine-month high despite hopes of Washington and Beijing closing a trade deal by the end of next month. Luxury group Kering beats its Q1 sales...

18 Apr 201924min

SQUAWK BOX, WEDNESDAY 17TH APRIL, 2019

SQUAWK BOX, WEDNESDAY 17TH APRIL, 2019

Squawk Box anchors discuss China’s Q1 data, with its economy beating growth expectations to officially come in at 6.4%. Qualcomm’s shares surge after it surprisingly resolves a legal wrangle over roya...

17 Apr 201925min

SQUAWK BOX, TUESDAY 16TH APRIL, 2019

SQUAWK BOX, TUESDAY 16TH APRIL, 2019

Squawk Box anchors discuss the stumble suffered by US stocks following disappointing numbers from Goldman Sachs and Citigroup. Meanwhile, Asian shares receive a boost from solid Chinese home price dat...

16 Apr 201924min

SQUAWK BOX, MONDAY 15TH APRIL, 2019

SQUAWK BOX, MONDAY 15TH APRIL, 2019

Squawk Box anchors discuss Wall Street’s potential record highs after strong bank earnings and Asian stocks soar to a nine-month peak on hopes of Washington and Beijing striking a trade deal. We have ...

15 Apr 201923min

SQUAWK BOX, FRIDAY 12 APRIL, 2019

SQUAWK BOX, FRIDAY 12 APRIL, 2019

Squawk Box anchors discuss the IMF’s warning about the Chinese slowdown being bigger than first thought ahead of this morning’s trade data. However, UBS chairman Axel Weber tells CNBC that he remains ...

12 Apr 201925min

SQUAWK BOX, THURSDAY 11TH APRIL, 2019

SQUAWK BOX, THURSDAY 11TH APRIL, 2019

Squawk Box anchors discuss last night’s crunch EU summit with Brussels granting the UK a flexible extension to its withdrawal from the bloc until 31st October this year. The Federal Reserve and ECB re...

11 Apr 201924min

SQUAWK BOX, WEDNESDAY 10TH APRIL, 2019

SQUAWK BOX, WEDNESDAY 10TH APRIL, 2019

Squawk Box anchors discuss the IMF’s latest cut to its global growth forecast citing trade tensions as President Trump threatens new tariffs on EU products. EU leaders are ready to grant UK Prime Mini...

10 Apr 201924min

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