Samsung Expects Limited Earnings Growth Amid Chip Woes — Update
Investors have punished Samsung for the slow progress in advancing its HBM technology, with its share price falling more than 10% in the final quarter of 2024, bringing its losses for the year to ...
Intel shows signs of progress in the face of another revenue decline
Intel Corp. saw further declines in revenue during the latest quarter but beat its guidance on a closely watched margin number, signaling some financial recovery in the business as Chips Act money ...
ResMed's Moat Is Underpinned by Switching Costs and Intangible Brand Assets
Due to its significant market share and high gross margins in a structurally growing industry, ResMed has posted an average return on invested capital, or ROIC, of 20% over the last decade. We ...
Visa gives rosy guidance as spending growth improves
The stock rose 2% on Thursday and was up another 1% in after-hours action following Visa's (V) own upbeat earnings report, in which the company showed payments volume accelerating. Visa posted 9% ...
Tokyo Inflation, Japan Activity Data Back More BOJ Rate Hikes — Update
BOJ Gov. Kazuo Ueda has said that the economy is on track to reach its goal of stable inflation backed by wage growth. Policymakers expect the nation's chronic labor shortages, amid a declining and ...
Who Dat Drilling Exceeds Predrill Expectations
Karoon’s balance sheet remains sound following the Who Dat acquisition. From a net cash position of USD 152 million or just over AUD 0.40 per share as of the end of September 2023, the balance sheet ...
How Apple pulled off a major feat that offset its big China miss on iPhones
Apple Inc. pulled off a major feat for Wall Street, managing to report better-than-expected revenue and earnings in its fiscal first quarter, even amid an unexpected revenue decline in Greater China.
Samsung's Net Profit Beats Consensus but Chip Woes Continue to Weigh
Samsung's flagship chip-making division generated operating profit of about 2.9 trillion won, down from around 3.9 trillion won the prior quarter. The result was way below smaller chip-making rival SK ...
Deckers hikes its yearly outlook. Wall Street still has questions about demand.
Deckers Brands on Thursday raised its full-year outlook and reported third-quarter results that topped estimates, helped by demand for Ugg boots and Hoka running shoes. But investors, apparently, had ...
Gen Remains a Strong Security Vendor Playing in a Largely Commodified Consumer Security Space
All in all, we are cognizant of Gen's strengths as a strong player in the consumer-focused cyber safety space and the challenging landscape the firm occupies. While we view the firm's strategies in ...
Vertex Pharmaceuticals Shares Gain After FDA Approves Non-Opioid Pain Drug
Shares of Vertex Pharmaceuticals rose after Journavx, the company's oral non-opioid pain medication, received Food and Drug Administration approval. The Boston company's stock rose 4.3%, to $457.25, ...
News Highlights: Top Global Markets News of the Day - Thursday at 7 PM ET
Initial jobless claims fell by 16,000 to 207,000 in the week that ended Jan. 25, the Labor Department said Thursday. It's the lowest level in in three weeks. Gold futures set a fresh record on ...