SK Hynix in its latest earnings report said that the weak memory chip market is starting to recover amid robust artificial intelligence demand.
Schlagwort-Archiv: CNBC
Deutsche Bank beats expectations despite 27% drop in profit, jump in costs
The bank’s net profit attributable to shareholders slightly topped a prediction of 737 million euros in a Reuters poll of analysts.
Stocks making the biggest moves before the bell: General Motors, 3M, Spotify, Verizon and more
These are the stocks posting the largest moves in premarket trading.
Stocks making the biggest moves after hours: NXP Semiconductors, Whirlpool and more
These are the stocks posting the largest moves in extended trading.
Stocks making the biggest moves midday: AMC Entertainment, Mattel, Chevron, Spotify and more
These are the stocks posting the largest moves in midday trading.
Spotify shares fall on revenue miss and weak guidance
Spotify released second-quarter results that missed analysts‘ estimates for revenue and offered weaker-than-expected guidance.
General Motors raises full-year guidance, announces deeper cost-cutting
GM’s earnings included an unexpected $792 million charge for new commercial agreements between GM and LG Electronics and LG Energy Solution.
Adidas shares up 6% after trimming 2023 loss forecast on strong Yeezy inventory sales
Initial sales of Yeezy stock following the termination of Adidas‘ partnership with rapper Ye have led it to cut its loss forecast to €450 million, from €700 million.
Stocks making the biggest moves premarket: AMC Entertainment, Domino’s Pizza, Tesla and more
These are the stocks posting the largest moves in morning trading.
A ‚momentous week‘ ahead as the Fed, ECB and Bank of Japan near pivot point
The U.S. Federal Reserve, the European Central Bank and the Bank of Japan will all announce crucial interest rate decisions this week.