Analysis-Arm’s clients turn IPO into tug of war for chip influence
(Reuters) – A scramble among Arm Holdings Ltd’s clients, comprising the world’s biggest technology companies, to snap up shares in…
DIY group Lowe’s posts second-quarter profit beat
Lowe’s (NYSE:LOW) has reported a smaller-than-anticipated decline in second-quarter gross profit and backed its annual financial guidance, as online sales…
Nvidia shares rise as AI boom lifts hopes of another strong revenue forecast
(Reuters) – Nvidia (NASDAQ:NVDA) shares rose on Tuesday before the bell in a buildup in expectations over the quarterly results…
Dow futures trade higher; Lowe’s leads off more retail earnings
U.S. stock futures edged higher Tuesday, as investors attempted to build on the momentum of the previous session ahead of…
SoftBank-backed chip designer Arm reveals filing for blockbuster U.S. IPO
(Reuters) – SoftBank (TYO:9984) Group-backed Arm Holdings’ annual revenue dropped 1% due to a slowdown in smartphone sales, the chip…
Australia’s Coles reports profit dip on rising costs, shares down
(Reuters) – Australia’s second-largest grocer Coles said annual profit from continuing operations fell slightly, missing analyst forecasts, as rising lease…
4 big analyst picks: Restaurant Brands a new Buy at JPMorgan, AppLovin upgraded
Restaurant Brands started with Overweight at JPMorgan JPMorgan initiated coverage on Restaurant Brands International (NYSE:QSR) with an Overweight rating and…
Microsoft, Activision to sell streaming to secure biggest video gaming deal
(Reuters) – “Call of Duty” maker Activision will sell its non-European streaming rights to Ubisoft Entertainment to get the biggest…
BHP sees China demand bright spots, logs 37% profit drop
(Reuters) -BHP Group on Tuesday said it saw solid growth from some sectors in China as it logged its weakest…
European shares advance as chipmakers rally; Ubisoft shines
(Reuters) – European shares rose on Tuesday, driven by technology stocks as chipmakers tracked an overnight Wall Street rally ahead…