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STMicroelectronics Cuts Guidance Amid Automotive Market Slowdown -- 2nd Update

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. ....

Mauro Orru , Samsung Electronics , Dow Jones ,

STMicroelectronics cuts outlook as slower demand causes Q1 miss

STMicroelectronics cuts outlook as slower demand causes Q1 miss
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Vahid Karaahmetovic ,

News Highlights : Top Company News of the Day - Thursday at 5 AM ET

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. ....

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Micron to get $6.1 billion in CHIPS Act funding for plants in 2 states

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

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STM Stock Earnings: STMicroelectronics Misses EPS, Misses Revenue for Q1 2024

STM Stock Earnings: STMicroelectronics Misses EPS, Misses Revenue for Q1 2024
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