Hua Hong Semiconductor (688347 CN) Q4 (USD): Revenue 659.9mln (exp. 666.2mln), sees Q1 revenue to be between 650-660mln and gross margin 13-15%
Hua Hong Semiconductor reported Q4 revenue slightly below expectations, which could signal softer demand or pricing pressures in the semiconductor sector.
Indian Trade Minister says textiles will receive no duties if raw material is from the US
Hermes (RMS FP) CEO Dumas says we will keep rolling out our plans for China and are staying true to our strategy of expanding China business one city per year
Hua Hong Semiconductor (688347 CN) Q4 (USD): Revenue 659.9mln (exp. 666.2mln), sees Q1 revenue to be between 650-660mln and gross margin 13-15%
BoE's Breeden says it is reasonable to expect rate cuts across the next couple of meetings if the economy evolves as expected
Softbank (9984 JT) CFO Goto says nothing has been decided about an additional funding round for OpenAI
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Their Q1 guidance suggests a cautious outlook, aligning with broader trends in tech, and the anticipated gross margin indicates potential cost challenges. Investors should consider how these results may impact market sentiment towards semiconductor stocks and their correlation with global economic indicators.
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