Tag: NYSE:EQNR
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Arm Sets 2025 Target for AI Chip Development, Amazon and Microsoft Commit Billions to French Investments, and More
Arm Holdings (NASDAQ:ARM) – SoftBank is collaborating with Arm to develop AI chips, aiming to start mass production in 2025. SoftBank is financially contributing, negotiating with manufacturers like TSMC (NYSE:TSM). Amazon (NASDAQ:AMZN) – France secured new jobs and investments on Sunday before hosting a foreign investment summit. Macron led the ‘Choose France’ event, aiming to…
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Southwest Shares Tumble 9.6% Post $231 Million 1Q Loss, AstraZeneca Surges on 19% Annual Increase, and More on Earnings
Southwest Airlines (NYSE:LUV) – Southwest Airlines’ shares fell 9.6% in pre-market trading after reporting a larger first-quarter loss compared to the previous year and warned of potential delays from Boeing impacting its growth until 2025. The company plans to increase capacity by 4%, below the planned 6%, and expects a decline in revenue for the…
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Ericsson Soars with 66% Net Profit Growth; Live Nation Under Antitrust Scrutiny in US, and More News
Live Nation Entertainment (NYSE:LYV) – The U.S. Department of Justice plans to initiate an antitrust lawsuit against Live Nation next month, citing its control over the live event market. Its subsidiary Ticketmaster faced criticism for its management during Taylor Swift’s tour, fueling the investigation. Shares fell 6.8% in Tuesday’s pre-market trading. Ericsson (NASDAQ:ERIC) – Ericsson’s…
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Moody’s Downgrades NYCB to Junk Status, Ford Declares Special Dividend, and Other Market Updates
Moody’s (NYSE:MCO), New York Community Bancorp (NYSE:NYCB) – Moody’s downgraded the long-term and some short-term ratings of New York Community Bancorp to junk on Tuesday, with warnings of potential downgrades. The downgrade reflects high governance risks and potential sensitivity to confidence due to significant losses in commercial real estate loans. NYCB shares are down 9.76%…
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Meta CEO Sells $428 Million in Shares Since November, AMC Hits New Record Low, and More
U.S. index futures are showing a slight uptick in pre-market trading this Thursday, following four consecutive days of decline in the Nasdaq Composite. At 04:02 AM, Dow Jones futures (DOWI:DJI) rose 42 points, or 0.11%. S&P 500 futures rose 0.08%, and Nasdaq-100 futures rose 0.09%. The yield on 10-year Treasury bonds stood at 3.931%. In…