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April 25, 2024
The Paris Bourse is set to open lower on Thursday morning, awaiting the announcement of the first US growth figures for the first quarter.At around 8.15am, the future contract on the CAC 40 index -...
April 25, 2024
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
April 25, 2024
By Mauro Orru STMicroelectronics lowered its sales and margin forecasts for the year after posting revenue below analysts expectations for the first quarter amid a slowdown in demand for...
April 25, 2024
BHP Makes Offer for Anglo American in Potential Mega-Mining Deal The mining giant has offered to buy its longtime rival with a market cap of about $35 billion, in a deal that could reshape the...
April 25, 2024
European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in the mining sector powered Britains FTSE 100 to fresh...
April 25, 2024
PR No: C3254C STMicroelectronics Reports 2024 First Quarter Financial Results Q1 net revenues $3.47 billion; gross margin 41.7%; operating...
April 25, 2024
The fall in the Paris stock market has become more radical since the publication of the GDP and PCE indices, with the CAC40 plunging below 8,000, to 7,965 points, and the Euro-Stoxx50 dropping -1.5%...
April 25, 2024
STMicroelectronics lowered its full-year sales guidance after posting first-quarter revenue below forecast, as the demand for chips in the automotive sectorโฆ
April 25, 2024
MARKET WRAPS Watch For: Germany GfK consumer climate survey; France business sentiment index, unemployment; trading updates from AstraZeneca, Barclays, Cellnex Telecom, BASF, Deutsche Bank,...
April 25, 2024
(Reuters) -European chipmaker STMicroelectronics on Thursday lowered its full-year sales guidance, the latest semiconductor company to struggle with weakening demand from carmakers and a further decline in orders from laptop and phone companies. Analysts polled by LSEG were expecting revenue of $16.1 billion for the year. "During the quarter, automotive semiconductor demand slowed down compared to our expectations, entering a deceleration phase, while the ongoing industrial correction acc...