Skyworks expects its content position to be down 20% to 25% in the coming phone cycle. Shares of Skyworks are down about 28% in premarket trading Thursday. If those losses carried through to the ...
Stock futures posted small moves, with Dow industrials and S&P 500 futures creeping higher. Markets rose in Asia and Europe. Retailers sold 0.2% less in December than November, a little worse than ...
We expect Arm will keep gaining data center market share from x86 architecture, as its chips consume less power and data centers need to minimize energy consumption. We also expect share gains in ...
Shares of Yum Brands Inc. (YUM)rose 2.5% in premarket trading after the operator of the Pizza Hut, Taco Bell and KFC restaurant chains topped Wall Street's profit and revenue estimates, with the Taco ...
For its fourth quarter of 2024, Philip Morris reported adjusted earnings of $1.55 a share, ahead of the analyst estimate of $1.50 a share. Revenue of $9.71 billion topped the analyst estimate of $9.44 ...
More Americans filed for initial jobless benefits last week, according to the Department of Labor. The week through Feb. 1 brought 219,000 initial jobless claims, compared with 208,000 a week earlier.
Shares of Peloton Interactive Inc. powered higher in early trading Thursday, after the at-home-fitness company raised its profitability outlook and reported fiscal second-quarter revenue that rose ...
--Chinese retailers that sell on Shein and PDD Holdings' Temu platforms have been asked by logistics agents to start paying an additional 30% levy, Bloomberg reports, citing a memo seen by the outlet.
The Bridgewater, N.J., biopharmaceutical company said brensocatib has the potential to become the first and only approved treatment for non-cystic fibrosis bronchiectasis, which causes the lungs' ...
BP Europa SE said it intends sell its German business Ruhr Oel GmbH-BP Gelsenkirchen, without disclosing financial details. The oil-and-gas company on Thursday said the process to find a suitable ...
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central bank, as expected, cut interest rates by a quarter-point, its third ...
Eton Pharmaceuticals said the Food and Drug Administration has extended by three months its review of the company's application seeking approval of its ET-400 liquid formulation of hydrocortisone.