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)

Brent surpasses $70bbl as Iran tensions heighten

Brent surpasses $70bbl as Iran tensions heighten

Crude prices move higher with Brent now surpassing $70 a barrel after President Trump warns of potential consequences should Iran fail to reach a deal over its nuclear programme. U.S.-based private cr...

20 Feb 26min

Stoxx 600 notches new high on  ECB top job conjecture

Stoxx 600 notches new high on ECB top job conjecture

News of a potential choreographed change at the top of the ECB has pushed Europe’s Stoxx 600 to another record close. Wall Street also closed in the green even though FOMC minutes signal a rate cut pa...

19 Feb 27min

Mistral CEO warns AI will disrupt more than half of SaaS sales

Mistral CEO warns AI will disrupt more than half of SaaS sales

We are live at the A.I. Impact summit in New Delhi where Mistral CEO Arthur Mensch tells CNBC that a large proportion of enterprise software could end up heavily disrupted by artificial intelligence. ...

18 Feb 26min

A.I. fears continue to loom over Wall Street

A.I. fears continue to loom over Wall Street

European equities futures point south as Wall Street is set to return to trading following the President’s Day holiday. A.I. concerns remain with the Nasdaq stuck deep in the red. Eurogroup ministers ...

17 Feb 24min

Rubio assures trans-Atlantic ties during keynote speech at MSC

Rubio assures trans-Atlantic ties during keynote speech at MSC

U.S. Secretary of State Marco Rubio insists that Washington wants to reform rather than abandon the trans-Atlantic alliance. We speak exclusively to German foreign minister Johann Wadephul at the Muni...

16 Feb 24min

 'AI Scare Trade' engulfs new sectors, geopolitics centre stage in Munich

'AI Scare Trade' engulfs new sectors, geopolitics centre stage in Munich

AI disruption fears hit equity markets once again, sending the S&P 500 and Nasdaq lower with transport, commercial real estate and software stocks all under pressure. Meanwhile, global leaders gather ...

13 Feb 26min

NFP, global earnings in focus

NFP, global earnings in focus

U.S. stocks give up an initial bounce as investors digest a mixed jobs report - the headline figure more than double expectations but growth for last year revised lower. German industrial giant Siemen...

12 Feb 27min

U.S. nonfarm payroll data in focus

U.S. nonfarm payroll data in focus

Futures stretch into the green on both sides of the Atlantic as investors await a crucial U.S. non-farm payrolls print with the White House aiming to temper expectations. Dutch brewing giant Heineken ...

11 Feb 27min

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