Taiwanese chipmaker reports stronger April sales, lifting four-month cumulative revenue to NT$83.7M amid demand recovery. United Microelectronics reported April sales of NT$22.66M, a 10.8% year-over-year increase, driven by rising semiconductor demand. The gain follows a s
Federal Reserve (Fed) Governor Stephen Miran said in an interview with Fox Business, released on Friday, that the central bank should cut interest rates, clarifying that the current policy is holding back the job market. Remarks I think it's appropriate to cut interest rat
KPRX reports higher R&D expenses of $2.1 million in Q1, offset partially by $1.2 million in reimbursable expenses from Théa. Kiora Pharmaceuticals reported a first-quarter GAAP loss of $0.58 per share. The company’s research and development expenses totaled $2.1 million, b
Airbnb’s Q1 earnings report and a 3.24 Hold Quant rating reflect ongoing ambiguity in its market performance. Airbnb (ABNB) reported mixed Q1 earnings, positioning it sixth in Seeking Alpha’s travel sector Quant Rankings with a 3.24 Hold rating. The results underscore inve
The New Zealand Dollar (NZD) extends gains against the US Dollar (USD) on Friday, reaching session highs at 0.5970, after bouncing from 0.5930 earlier on the day. The Greenback loses ground despite a cautious market mood, as investors shift their focus from Iran to April’s
ING strategists Ewa Manthey and Warren Patterson report that Gold is edging higher, supported by ongoing central bank demand and geopolitical risks. They emphasize sustained buying from China’s central bank, which continues to diversify reserves away from US Treasuries, al
Treace Medical Concepts reports smaller-than-expected Q1 loss and revenue beat, though sales decline 10.3% year-over-year. Treace Medical Concepts posted a first-quarter GAAP loss of $0.28 per share, narrower than the expected loss by $0.03. Revenue reached $47.2 million,
OSK reports $0.85 non-GAAP EPS, falling short of expectations by $0.19, while revenue of $2.32 billion exceeds estimates by $30M. Oshkosh posted first-quarter non-GAAP earnings per share of $0.85, missing analyst estimates by $0.19. The shortfall contrasts with revenue of
Iran's Minister of Foreign Affairs Abbas Araghchi said during the European trade on Friday that Tehran condemns moves by the United States (US) navy against two Iranian tankers as aggressive acts and violations of the truce, Reuters reported. According to the Iranian state
Ultralife Reports Q1 GAAP EPS of -$0.03 amid a 6.5% year-over-year revenue decline and lower gross margins. Ultralife Corporation reported a first-quarter GAAP loss of $0.03 per share on revenue of $47.4 million, down 6.5% from the same period last year. The company cited
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