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Tesla Supplier STMicroelectronics Expects Lower Sales, But Signals Recovery Is Coming — 2nd Update
The European chip maker said revenue should come in at about $2.71 billion in the second quarter, down more than 16% year-on-year, but 7.7% higher from the first quarter. Its gross margin--a closely ...
"China and the United States have not held consultations or negotiations on the tariff issue, let alone reached an agreement," Chinese foreign ministry spokesperson Guo Jiakun said at a press briefing ...
Business sentiment in Germany unexpectedly edged up in April, likely an endorsement from firms of government policies to boost spending on defense and investments, despite the market turmoil prompted ...
The U.K. semiconductor company on Thursday said that license and non-recurring engineering fees fell 33% to $73.1 million, with new booking down 19% to $95 million. The company said royalties and ...
Kering’s pricing power is strong, resulting in gross margins at the higher end of the peer range (mid-70% reported and in the 80% range, channel-adjusted). Absolute pricing of Gucci’s handbags is in ...
The robot division is Fanuc's largest business by sales, and the company is considered one of the big four in the industrial robotics space. The growth of the industrial robotics industry is being ...
To strengthen its U.S. presence, Roche is building up inventory, ramping up production at three of its U.S. plants and relocating one manufacturing site to the U.S. through a technology transfer, its ...
April is poised to be the most-volatile calendar month since the Covid crash in 2020. The market's wild swings drove investors to seek a haven. They chose the precious metal. The plunge in stocks, ...
In Europe, the Stoxx Europe 600 declined 0.3% in morning trading. BELIMO Holding climbed 8.7% and Beijer Ref Series B rose 7.9%. On the other hand, Azelis Group lost 11.5%, and Dassault Systemes ...
Inchcape reported lower revenue for the first quarter and confirmed its full-year guidance while flagging uncertainty related to U.S. tariffs.
Nidec Corp. expects its fiscal-year profit to rise despite global economic uncertainty caused by U.S. tariffs, the company said after reporting a fourth-quarter profit on higher earnings from ...
Kering shares fell after the owner of Gucci and Yves Saint Laurent posted sales below analysts' expectations for the first quarter, unnerving investors as the group navigates a slowdown in ...
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