EUR/USD
1.03997
-0.025%
Gold
2866.67
-0.014%
Oil
70.810
-0.165%
USD/JPY
152.522
-0.058%
GBP/USD
1.25000
-0.038%
GBP/JPY
190.655
-0.084%
Real-time News
Ford Motor (FN) CEO: Retail customers have shown they wont pay a premium for large electric vehicles.Ford Motor (FN) CEO: A 25% tariff will have a huge impact on our industry. Considering the shipping rate and liquidity of the product, we believe that a few weeks of tariffs are manageable.Qualcomm (QCOM.O) CEO: Arm (ARM.O) has "no current plans" to terminate its architecture licensing agreement with Qualcomm.On February 6, Qualcomm (QCOM.O), the worlds largest seller of smartphone processors, released a sales forecast for the current fiscal quarter that was higher than market expectations, indicating that demand for high-end mobile phones remains strong and the company is making progress in new markets. The company expects revenue to reach $10.3 billion to $11.2 billion in the current fiscal quarter ending in March, higher than the average analyst forecast of $10.4 billion. Although the overall smartphone market is no longer expanding as fast as in the past, Qualcomms advantage as a semiconductor supplier for expensive devices such as Samsung Electronics Galaxy series has helped drive its growth. The companys efforts to expand into the automotive and personal computer markets outside of its core markets have also helped stimulate revenue growth.On February 6, Arm (ARM.O) gave a cautious forecast for current revenue, which exacerbated recent concerns about a slowdown in spending on artificial intelligence computing. The company expects revenue in the fourth fiscal quarter (ending March next year) to reach US$1.18 billion to US$1.28 billion. Although this expectation is higher than previous forecasts and in line with Wall Streets average expectations, some analysts predicted a figure as high as US$1.33 billion. Earlier this week, AMD (AMD.O) released a disappointing forecast, raising concerns that the booming artificial intelligence hardware market is now more unstable. Deepseek launched a very cost-effective artificial intelligence model last month, which raised concerns that the technology provider would not generate as much revenue as expected. After the report was released, Arm (ARM.O) stock price fell by more than 8% after the market.
