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Berita Valas
InterDigital Q4 Results Top Estimates; Guides Q1, FY24 Well Above Estimates
InterDigital, Inc. (IDCC) on Thursday reported fourth-quarter net income available to common shareholders of $39.1 million or $1.41 per share, up from $32.4 million or $1.08 per share in the prior-year quarter.
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557 days ago
American Axle Boosts FY22 Sales Outlook; Q2 Results Top Estimates
While reporting financial results for the second quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) raised its sales guidance for the full-year 2022.
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557 days ago
Asian Shares Rise As Chip Shares Climb On Lower Yields
Asian stocks advanced on Thursday as calmer bond markets and robust U.S. corporate earnings lifted chip stocks.
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557 days ago
Pound Falls Against Majors
The British pound weakened against other major currencies in the early European session on Thursday.
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557 days ago
Australian Dollar Falls As Australia Jobless Rate Climbs
The Australian dollar weakened against other major currencies in the Asian session on Thursday, after data showed that the nation's unemployment rate rose more-than-expected in January.
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557 days ago
European Economic News Preview: UK GDP Data Due
Quarterly national accounts from the UK and foreign trade from the euro area are the top economic news due on Thursday. At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade figures. The economy is forecast to shrink 0.1 percent sequentially, the same pace of decline as seen in the third quarter.
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557 days ago
European Shares Seen Up As Yields Dip After Mixed Fed Remarks
European stocks are seen opening higher on Thursday after robust earnings helped Wall Street's main indexes end a volatile session sharply higher overnight.
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557 days ago
more news
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction in early trade on Thursday ahead of a slew of U.S. data due later in the day that could offer fresh insights into the Fed's rate trajectory.
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557 days ago
Asian Markets Trade Mixed
Following the broadly positive cues from global markets overnight, Asian stock markets are trading mixed on Thursday, as traders reacted to GDP data from Japan and Singapore that missed estimates, with Japan unexpectedly slipping into recession. Australia also posted sharply lower-than-expected employment growth, with unemployment rate also rising. Asian Markets closed mostly lower on Wednesday.
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557 days ago
Sensex, Nifty Seen Opening Up As Yields Ease
Indian shares may open higher on Thursday as investors react to easing Treasury yields and comments from Chicago Fed President Austan Goolsbee that Tuesday's hotter-than-expected inflation reading doesn't mean the central bank won't be able to cut interest rates in 2024.
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557 days ago
Japanese Market Significantly Higher
Recouping the losses in the previous session, the Japanese stock market is significantly higher on Thursday, following the broadly positive cues from global markets overnight. The Nikkei 225 is moving well above the 37,900 level, with gains in index heavyweights and technology stocks amid strong domestic corporate earnings and outlook.
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557 days ago
Thai Stock Market Likely To Reverse Wednesday's Losses
The Thai stock market on Wednesday ended the two-day winning streak in which it had picked up just 3 points or 0.2 percent. The Stock Exchange of Thailand now sits just above the 1,385-point plateau and it's tipped to open in the green on Thursday.
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557 days ago
Indonesia Shares May Find Traction On Thursday
The Indonesia stock market has moved lower in two straight sessions, slumping more than 115 points or 1.6 percent along the way. The Jakarta Composite Index now sits just beneath the 7,210-point plateau although it may stop the bleeding on Thursday.
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557 days ago
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