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GigaMedia Q2 Net Loss Sharply Narrows
(RTTNews) - GigaMedia Ltd. (GIGM), a digital entertainment services provider, reported Monday that net loss attributable to GigaMedia for the second quarter halved to $562 million or $0.05 per share from $1.13 billion or $0.10 per share in the prior-year quarter.
Revenues for the quarter declined 24.8 percent to $1.03 billion from $1.36 billion in the same quarter last year.
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TSX Extends Gains To 10th Straight Session, Hits New Record High
Canadian shares are up in positive territory Tuesday morning, extending gains to a tenth straight session, amid easing concerns about tariffs, and some brisk buying in gold stocks on safe-haven appeal following Moody's downgrading U.S. credit rating, citing debt concerns.
Investors are also digesting a report showing a drop in Canada's annual inflation rate.
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1 ชม. 18 นาทีที่ผ่านมา
Honda Cuts EV Sales, Investment Targets As It Shifts Focus
Honda Motor Co., Ltd. announced Tuesday that it is realigning automobile business strategy, with a cut in planned electric vehicle or EV sales ratio, and investment for automobile electrification due to the recent market slowdown. Meanwhile, Honda expects a minimal increase in investment related to Hybrid Electric Vehicle or HEV business.
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2 ชม. 18 นาทีที่ผ่านมา
Bay Street Likely To Open On Cautious Note; Inflation Data In Focus
The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.
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4 ชม. 48 นาทีที่ผ่านมา
U.S. Dollar Slides Amid U.S. Tariff Uncertainty
The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.
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5 ชม. 14 นาทีที่ผ่านมา
FTSE 100 Moderately Higher As Investors Focus On Earnings
U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.
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6 ชม. 2 นาทีที่ผ่านมา
Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up
Home Depot Inc. reported Tuesday weak first-quarter profit below market estimates, while sales grew from last year and beat the Street view with slightly higher comparable sales in the U.S. Further, the home improvement retailer maintained its fiscal 2025 guidance, expecting weak earnings, but higher sales and comparable sales. In the pre-market activity on the NYSE, Home Depot shares were gaining
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6 ชม. 21 นาทีที่ผ่านมา
CAC 40 Modestly Higher
The French market is modestly higher in cautious trade on Tuesday with investors closely following the developments on the geopolitical front.
Tensions between Russia and Ukraine linger despite an announcement from U.S. President Donald Trump that the two nations would soon begin ceasefire negotiations.
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6 ชม. 34 นาทีที่ผ่านมา
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
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6 ชม. 39 นาทีที่ผ่านมา
