Jump
SMIC reports profit jump, revenue growth as chip sector recovers
CHINA’S largest chipmaker Semiconductor Manufacturing International Corp (SMIC) reported on Thursday (Nov 7) a 58.3 per cent jump in third quarter net profit as the sector showed signs of...
Lyft projects strong fourth-quarter bookings on robust commuter demand, shares jump
LYFT on Wednesday (Nov 6) forecast current-quarter gross bookings above estimates after posting upbeat quarterly sales, indicating steady demand for its ride-hailing services from people returning to workplaces.Lyft shares,...
Qualcomm forecasts beats estimates, shares jump 8.5%
CHIP designer Qualcomm on Wednesday (Nov 6) forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits a wave of launches of...
Tesla Shares Jump Making Elon Musk Richer by $15 Billion after Trump Hails Tech Billionaire as ‘Genius’ in His Victory Speech
Elon Musk's net worth is expected to jump by roughly $15 billion following a surge in Tesla's stock price amid Donald Trump's election victory. Tesla shares soared nearly 15...
US dollar set for biggest one-day jump since 2020, Bitcoin hits record as Trump secures White House
THE US dollar was set for its biggest one-day rise since March 2020 against major peers on Wednesday (Nov 6) and Bitcoin jumped to an all-time high after Donald...
Frasers Hospitality Trust’s hit by sudden jump in Aussie tax rate serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
Oil prices jump over 1% on delayed Opec+ output hike
OIL prices rose by more than US$1 in early trading on Monday (Nov 4) after Opec+ said on Sunday it would delay a planned December output hike by one-month...
Nippon Paint shares jump most in 24 years on US$2.3 billion deal
SHARES of Nippon Paint surged following its announcement of a deal to acquire a US-based chemicals formulator. The stock price for the Japanese firm gained as much as 23.6...
