Dow Jones Newswires: Infineon profit nearly doubles as revenue climbs on strong demand for chips
Infineon’s segment result, a key profitability metric, surged to EUR1.11 billion from EUR717 million, generating a margin of 28%.
Strategists at Citi are concerned about the possibility of a repeat, though they aren’t recommending investors trim their positions.
Enphase’s revenue in Europe dropped about 15% quarter-on-quarter as demand softened.
Shares of Starbucks fell on Tuesday after the coffee chain offered fresh signs of its struggle to bring back consumers,...
“We can envision a post-election scenario where uncertainty rises and trust in U.S. institutions declines,” Macquarie strategist Thierry Wizman said.
Verizon’s third quarter didn’t include too many days of iPhone 16 sales, but the company’s low upgrade rate is still...
People age 65 need to understand this key risk before signing up.