Page 14 - Stmicroelectronics News Today

By Mauro Orru STMicroelectronics lowered its sales forecasts for the year after posting revenue below analysts expectations for the first quarter amid a slowdown in demand for chips in the...

MARKET WRAPS Stocks: Reduced risk appetite weighed on European stocks on Thursday with investor focus on U.S. tech earnings and some key U.S. data, including the latest GDP print. A... -April 25, 2024 at 05:20 am EDT - MarketScreener

STMicroelectronics reports a 50.9% drop in net income for the first quarter of 2024, to $513 million, or $0.54 per share, with an operating margin of 15.9% versus 28.3% a year earlier.Also in annual...

Mobileye Global: Mobileye, owned by Intel, said net loss widened to $218 million in the quarter from $79 million a year ago, weighed down by a slump in sales.

By Mauro Orru STMicroelectronics lowered its sales and margin forecasts for the year after posting revenue below analysts expectations for the first quarter as it grapples with slower demand...

BHP Seeks Mining Megadeal With Anglo American Bid 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 global mining...

The computer memory chip maker plans to build four factories across the two states

Amid a flurry of quarterly results, the Paris stock market lost 0.4% this morning around the 8060-point mark, penalized by declines from Dassault Systèmes , Pernod Ricard , Hermès and Carrefour...

Besi: French-Italian STMicroelectronics on Thursday became the latest chipmaker to lower its full-year guidance due to declining orders.

The Paris stock markets fall has been trimmed by 40% : losses widened with the publication of GDP and the PCE index, while the Euro-Stoxx50 fell by -1.1% to 4,930.930.Wall Street reopened sharply...