Major Hong Kong tech shares also tumbled, with AI-exposed stocks logging heavy losses. Baidu Inc (HK:9888) slid 7.3%, Alibaba ...
Tech-heavy Asian bourses were the worst performers for the day, led by a near 4% tumble in South Korea’s KOSPI. Heavyweight ...
MTI said it now expects 2025 GDP to grow “around 4.0%,” compared with its previous 1.5–2.5% forecast, citing stronger-than-expected global conditions, resilient trade flows, and a surge in demand for ...
Services were a point of support, with the S&P Global services PMI remaining at 53.1 in November, the same as October. This helped Japan’s composite PMI rise to 52.0 in November from 51.5 in October.
BYD has established itself as the benchmark for Chinese EV investments, offering a rare combination of growth and profitability that sets it apart from competitors. With a net income margin of 5.2% ...
A core reading that excludes both fresh food and energy prices, and is closely watched by the BOJ as a gauge of underlying ...
NVIDIA’s accounts receivables in the quarter grew to $33.391 billion from $23.065 billion. Also pointed out by bears was that for the quarter, four direct customers had sales greater than 10% of total ...
Investing.com -- A planned $20 billion bailout for Argentina from JPMorgan Chase, Bank of America and Citigroup has been shelved in favor of a smaller, short-term loan package to support the ...
Gap comparable sales rose 5% in Q3, driven by strong growth at Old Navy, Gap and Banana Republic. The company raised the lower end of its full-year fiscal 2025 net sales growth guidance to 1.7% to 2% ...
Investing.com -- Fitch Ratings has downgraded New Fortress Energy Inc. ’s Long-Term Issuer Default Rating to ’RD’ from ’CCC’ ...
The maker of TurboTax and QuickBooks posted Q1 non GAAP EPS of $3.34, above analysts’ estimate of $3.09. Revenue rose 18% to ...
Ross reported third-quarter earnings per share of $1.58, surpassing the consensus estimate of $1.41 and up from $1.48 a year ...
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