Intel and AMD are gearing up to report Q4 earnings. BofA analyst maintains Underperform on Intel and Neutral on AMD, citing market dynamics and M&A hurdles.
Kuo predicts Himax as potential supplier for Taiwan Semiconductor's Compact Universal Photonic Engine development, with revenue reaching $2.4B in 2028.
Analyst Lizzie Dove from Goldman Sachs maintained a $35 target for Carnival Corp, citing the company's expanding private island strategy, focus on optimizing sales from existing ships, alongside a slower pace of newbuilds.
Trump Administration announced Stargate AI infrastructure joint venture, investing $500 billion over 4 years. SoftBank, Oracle, OpenAI, and Abu Dhabi's MGX involved.
London's FTSE 100 made waves on Wednesday by hitting a record high, fuelled by positive corporate updates and expectations of further monetary policy support.
United Airlines reports an adjusted EPS of $3.26 for Q4, exceeding both FactSet consensus and its own guidance. The stronger-than-expected revenue, driven by a 1.6% increase in unit revenue, helped the company exceed its forecasts.
Anthony Pompliano, founder and CEO of Professional Capital Management, discussed the rise of branded “meme coins” like those tied to Donald and Melania Trump.
A 25bp interest rate cut from the Bank of Canada, leaving the overnight rate at 3%, is the widely held view in the market for next week’s BoC monetary policy decision meeting.
The AI chipmaker’s $50 million investment in Recursion, unveiled in 2023 to support AI-driven drug discovery, has been a key driver of investor interest.
