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LVMH shares fall after end-of-year report disappoints, despite beating sales expectations. The luxury goods sector faces challenges, but recent results from Richemont and Burberry have raised hopes for a recovery.
Published on: January 29, 2025, 10:00 AM UTC
Norway's sovereign wealth fund missed its target for the second year in a row due to underperformance in real estate and underweighting in tech stocks.
Published on: January 29, 2025, 10:00 AM UTC
Nvidia's CEO Sees Net Worth Drop, but Stock Rebounds on Market Recovery
Published on: January 29, 2025, 09:03 AM UTC
ASML reports Q4 bookings of 7.09 billion euros, exceeding expectations driven by AI demand. The chip equipment maker's shares jumped 11%, despite concerns raised by DeepSeek's AI model. ASML forecasts 2025 sales of 30-35 billion euros, driven by AI growth.
Published on: January 29, 2025, 09:03 AM UTC
Oman's IPO market to face investor test as Asyad Shipping eyes $1 billion listing
Published on: January 29, 2025, 09:02 AM UTC
Norway's sovereign wealth fund reports record annual profit of $222 billion, driven by tech rally.
Published on: January 29, 2025, 09:02 AM UTC
Advantest raises profit forecast on surging demand for chip-testing tools amid AI boom. Operating income for the fiscal year ending March 2023 is now projected at 226 billion yen ($1.46 billion), up 37%.
Published on: January 29, 2025, 09:00 AM UTC
European stocks reach record high on tech gains, ASML results boost
Published on: January 29, 2025, 09:00 AM UTC
Sweden's central bank cuts key policy rate to 2.25% to boost sluggish economic growth.
Published on: January 29, 2025, 09:00 AM UTC
Czech National Bank to consider investing in bitcoin, may cut interest rates
Published on: January 29, 2025, 08:01 AM UTC