Arm shares soar as much as 41% after chip designer gives strong forecast, says AI is boosting sales
Arm makes the CPU architecture for chips found in nearly all smartphones. An Arm chip is shown here in San ...
Tag: forecast
IMF upgrades global growth forecast, citing U.S. resilience and policy support in China
Buildings in Pudong's Lujiazui Financial District in Shanghai, China, on Monday, Jan. 29, 2024. Bloomberg | Bloomberg | Getty ImagesThe International ...
S&P 500, Dow flat after inflation data; Intel’s bleak forecast weighs
The benchmark S&P 500 and the blue-chips Dow were subdued on Friday as an in-line inflation print signaling continued moderation ...
Airline stocks tumble after Delta trims profit forecast
Delta Air Lines shares slipped about 9% Friday after the company trimmed its 2024 earnings forecast. Delta forecast full-year earnings per ...
Global Mega Bank Standard Chartered Releases Bullish Forecast For Spot Bitcoin ETFs
Standard Chartered Bank is the latest to give its predictions on the impact Spot Bitcoin ETFs could have on Bitcoin’s ...
Revised Forecast: Bloomberg Analyst Cuts Probability of Bitcoin Spot ETF Rejection to 5%
Popular Bloomberg ETF analyst Eric Balchunas has lowered the possibility of the US Securities and Exchange Commission (SEC) denying the ...
Fed lowers inflation forecast for 2024, seeing core PCE falling to 2.4%
Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the ...
Nike forecast cut sends sportswear stocks 12% down as spending stumbles
Nike sank 12% premarket on Friday and dragged shares of other sportswear companies after weak consumer spending forced the Air ...
Micron shares jump 7% on forecast for quicker recovery in chip demand
Chipmaker Micron Technology's shares jumped 7% on Thursday after it predicted a strong recovery in the supply-demand balance for memory ...
FedEx profit misses, cuts full-year revenue forecast; shares sink
FedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts' targets on Tuesday, sending ...
