Sony Sold Record Number of PlayStation5 Consoles but Slashed its Full FY23 Outlook
The Japanese behemoth sold more than 8 million consoles in Q3 FY2023 (Q4 calendar quarter), hitting new records, but lowered its full year guidance
Page 9 of 62
The Japanese behemoth sold more than 8 million consoles in Q3 FY2023 (Q4 calendar quarter), hitting new records, but lowered its full year guidance
Nvidia CEO Jensen Huang, at the World Government Summit in Dubai, said that shifts to accelerated computing are likely to continue and that countries need to build on their AI infrastructure. In an interview Huang said that “There’s about $1 trillion worth of installed base of data centres around the world. And over the course of the next four or five years we’ll have $2 trillion worth of data centres…
The price of ARM Holdings shares jumped following its earnings release. For the December quarter, the company reported $824m in revenue, which crushed expectations of $726m. Adjusted EPS were 29 cents versus consensus of 25 cents.
The media giant posted solid results with continuing improvement in its streaming financials, announced a dividend hike and shared more details on its plans to take ESPN direct to consumer
Losses on Ford’s EV segment more than doubled last year and the company strengthens its focus on hybrids
Palantir (PLTR.us), the maker of defensive software, surged close to 31% yesterday after the company beat Q4 earnings expectations, with the stock closing at $21.87. This is the company’s largest one day percentage gain on record. In the past the market had concerns about future deals with the government, but this has been overlooked with the market positively receiving the company’s success in its commercial deals for its analytics software.
The three media giants announced an agreement to combine their sports offerings into a new streaming service, in a move that could shape the streaming market, as sports programming is becoming increasingly important
The US lender announced a 71% reduction in dividend and a rare net loss in Q4 due to higher provision for credit losses, reigniting fears around regional banks nearly a year after the Silicon Valley Bank failure
Intel Stock gapped down on 26 January following the chip makers outlook for Q1 2024, which lagged analysts’ forecasts. However, it is notable that the company’s stock price nearly doubled in 2023, surging by 91%.
The social media giant delivered another blowout quarter on the back of higher ad sales, its main revenue generator, which is also helped by the AI push
Microsoft (MSFT.us) delivered $2.93 EPS on a revenue of $62.02 billion for the quarter ended 31 December 2023. This is ahead of Wall Street estimates of $2.77 EPS and $61.1 billion. In effect, the company’s earnings increased 33% on a year-over year basis and sales increased by 18%.
When executing customers' trades, FXCM can be compensated in several ways, which include, but are not limited to: spreads, charging commissions at the open and close of a trade, and adding a mark-up to rollover, etc. Commission-based pricing is applicable to Active Trader account types.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.