Earnings

The tech and chip-related stocks in Asia took a hit on Thursday following the announcement of Nvidia’s second-quarter results. Companies with direct links to the U.S. tech giant, such as South Korean chipmakers SK Hynix and Samsung Electronics, experienced significant losses. SK Hynix, known for manufacturing high bandwidth memory chips used in AI applications for
0 Comments
As investors in Asian markets prepare for the day ahead, the prevailing mood is one of caution. This caution is driven by two main factors – concerns about the health of the U.S. economy and anticipation of Nvidia’s earnings report later in the day. While U.S. and world stocks saw slight gains on Tuesday, the
0 Comments
The previews for ZoĆ« Kravitz’s Blink Twice and The Crow, presented by Lionsgate/Edward R. Pressman, were underwhelming with only $820K and $650K respectively. Despite having Channing Tatum in the lead role and solid reviews, Blink Twice fell short of expectations. This raises concerns about the film’s performance over the weekend, as both films are predicted
0 Comments
Several companies are making positive strides in pre-market trading, indicating potential growth and investor interest. Companies such as Crocs, Agilent Technologies, and Nordson experienced stock increases after surpassing expectations in their fiscal reports. This signifies strong performance and the possibility of sustained success in the future. Additionally, companies like Synopsys and Wolfspeed showed resilience in
0 Comments
Disney’s stronghold on the summer box office is set to continue with the anticipated success of 20th Century Studios’ Alien: Romulus. The film is projected to top the box office charts for the ninth time this summer, with estimates placing its fifth weekend earnings above other popular films like Deadpool & Wolverine. As of Tuesday,
0 Comments
Activist investing has been gaining significant attention in the financial world, with firms like Elliott Management making bold moves to influence the trajectory of various companies. CNBC’s Leslie Picker has been closely following Elliott Management’s recent activist campaigns, shedding light on the impact they have had on the stock market. Elliott Management has emerged as
0 Comments
Bank of America’s stock took a hit, falling 2% after Warren Buffett’s Berkshire Hathaway revealed it was further reducing its stake in the bank. This news comes after a 12-day selling streak that started in mid-July, with the conglomerate selling 13.9 million more shares for $550.7 million over the past three trading days. Berkshire’s stake
0 Comments
In midday trading, Advanced Micro Devices saw a more than 2% increase in its stock price following the announcement of its plans to acquire server builder ZT Systems in a deal worth $4.9 billion. This move shows the company’s commitment to expanding its presence in the tech industry. Conversely, HP experienced a decline of over
0 Comments
Coraline, the stop-motion animated film by Henry Selick, celebrated its 15th anniversary with a solid performance at the domestic box office. The movie secured the fifth spot with $8.63 million over the three-day weekend, playing on 1,603 screens. The total earnings reached $11.6 million, surpassing its previous record for Fathom Events. Last year, Coraline became
0 Comments
The latest installment in the Alien franchise, titled Alien: Romulus, has exceeded expectations by raking in a massive $100M in its worldwide opening weekend. This impressive figure has surpassed pre-weekend projections, indicating the movie’s strong performance at the international box office, particularly in China. Director Fede Alvarez’s sci-fi horror has resonated well with audiences globally,
0 Comments
Rocket Lab, a space company, saw its stock price soar more than 16% after it announced the packing and shipping of two Mars-bound spacecraft to Cape Canaveral, Florida, for launch. This milestone achievement contributed to Rocket Lab hitting a 52-week high and generated significant interest among investors. Bavarian Nordic’s Vaccine Approval On the other hand,
0 Comments