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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Avsnitt(1823)

U.S. tech sell-off gathers pace while Europe equities nose-dive

U.S. tech sell-off gathers pace while Europe equities nose-dive

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European stocks slump as global sell-off gathers pace

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17 Nov 202526min

A.I. valuations continue to rattle U.S. markets

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14 Nov 202525min

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President Trump signs a new Federal funding package to end the 43-day government shutdown – the longest in U.S. history. Trump has railed against the Democrats over the $1tn cost involved during the d...

13 Nov 202528min

A.I. valuation fears persist following Burry warning

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Market jitters over A.I. valuations persist. ‘Big Short’ investor Michael Burry says hyper-scalers are overstating their earnings while Japan’s Softbank sees its share price plunge following the sale ...

12 Nov 202529min

Senate approves bill to end U.S. government shutdown

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