Samsung Electronics Co reported a 32% drop in quarterly operating profits, worse than expected, as an economic slowdown reduced demand for electronic devices and the memory chips that go with them. Estimated profit fell to 10.8 trillion won ($7.67 billion) in July-September – the first year-on-year decline in nearly three years – from 15.8 trillion …
Samsung profits fall in warning sign for global demand Read More »
Officials: Hurricane damage caused Volusia County homes to fall into the ocean Updated: 4:11 p.m. EDT October 1, 2022 Hide transcript View Transcript several avenues are available to seek help from fema. Residents can apply online at the dot gov disaster assistance site. This is www dot disaster assistance dot gov. You can also do …
Officials: Hurricane damage caused Volusia County homes to fall into the ocean Read More »
The Dow Jones Industrial Average fell Friday morning on hot inflation data, which came from the personal consumption expenditure price index, heading into the final trading session of the quarter. Tesla stock fell ahead of the company’s AI day, while Micron Technology and Nike were the main drivers of earnings. X Inflation data The Federal …
Apple drops concerns over iPhone demand Treasury prices rebound after BoE decision S&P 500 posts biggest one-day gain since Aug. 10 Indices: Dow +1.88%, S&P 500 +1.97%, Nasdaq +2.05% Sept 28 (Reuters) – Wall Street ended sharply higher on Wednesday after its recent selloff, helped by falling Treasury yields, while Apple fell on concerns over …
Wall Street ends sharply higher as Treasury yields fall Read More »
Dow Jones futures fell in volatile trade on Wednesday morning, along with S&P 500 and Nasdaq futures, after the Bank of England abruptly announced plans to buy UK bonds at long term. The 10-year Treasury yield, which had briefly topped 4%, fell sharply. But a brief surge in stock futures and bond prices began to …
Futures Off Lows On BOE Shocker; Yields fall after hitting 4% Read More »
Dow Jones futures fell Wednesday morning, along with S&P 500 and Nasdaq futures. The 10-year Treasury yield edged closer to 4%, while Apple (AAPL) would hold back iPhone production. X This iPhone report will likely weigh on Apple stocks and iPhone chipmakers such as Taiwan semiconductor (TSM), Broadcom (AVGO), Qualcomm (QCOM) and Qorvo (QRVO). Meanwhile, …
Futures Fall on Apple iPhone News, Yields Near 4% Read More »
