Foxconn (2317 TT) February (TWD) Revenue 596.8bln, +8.1% Y/Y; (prev. 730bln in January, +36% Y/Y); notes visibility into Q1 aligns with market expectations
Foxconn's February revenue increased by 8.1% year-over-year but showed a significant month-over-month drop from January, reflecting typical seasonal patterns.
Iran's Deputy Foreign Minister says Iran has not sent any messages to the US to end the conflict, but are instead focused on self defence efforts, according to Sky News Arabia
Iran's Deputy Foreign Minister says Iran is ready to abandon its nuclear program on the condition that the US presents a rewarding alternative offer, Sky News Arabia reports; adds no message was sent to the US to end the conflict
Foxconn (2317 TT) February (TWD) Revenue 596.8bln, +8.1% Y/Y; (prev. 730bln in January, +36% Y/Y); notes visibility into Q1 aligns with market expectations
South Africa's Finance Minister Godongwana says South Africa has buffers to absorb the shock of the war in the Middle East; still sees a positive outlook for South Africa, according to a Bloomberg TV interview
EU is said to considers joint defence bonds amid concerns around the Iran war, Welt reports; a proposal is to be presented; defence bonds could be backed by member states
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- The seasonal performance for Q1'26 is expected to be better than the range of the past 5 years.
The guidance of improved visibility for Q1'26 suggests that performance may exceed recent years, which could bolster confidence in their outlook and positively influence market sentiment toward the stock and related sectors.
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