News
An Impressive Surge for Small-Cap Stocks
Small-cap stocks have seen a remarkable surge, outperforming their long-term average returns. Despite a temporary setback at the start of the year, UBS Global Wealth Management projects significant earnings growth for small-cap stocks in 2024.
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TSMC Reports December Sales Decline, But Q4 Results Beat Expectations
TSMC reports decline in December sales, but Q4 results surpass expectations due to demand for AI chips. Categories: Technology, Business. Tags: TSMC, semiconductor industry, AI chips. Keywords: TSMC, Q4 results, AI chips, semiconductor industry, sales decline.
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Malaysian Shares Fall as Winning Streak Ends
Malaysian shares experience a decline, breaking a five-day winning streak. Top losers are Hartalega Holdings, Public Bank, and Gamuda. Top gainers are Inari Amertron, QL Resources, and Nestle (Malaysia). Other Southeast Asian and Asian markets also face declines or gains. Currency updates for the U.S. dollar and euro.
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Global Economic Growth Expected to Decelerate
The World Bank predicts a deceleration in global economic growth due to various factors, with risks such as tight monetary policy and weak global trade. Developing countries face elevated borrowing costs and economic challenges, highlighting the need for global cooperation.
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EU to Review Microsoft's Investment in OpenAI
The European Union is considering a review of Microsoft's investment in OpenAI and its implications for competition. Microsoft's partnership with OpenAI has led to innovation in AI since 2019. Interested parties can provide feedback to the EU by March 11.
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Volkswagen and BMW Sales Surge in 2023, but Challenges Await European Car Industry
Volkswagen and BMW experience sales surge in 2023, but analysts caution about future challenges in the car industry. Despite positive results, decline in production growth is predicted for 2024.
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The Rise of Wind Power: GE's Major Investment
GE unveils their largest-ever order for onshore wind power generation equipment, highlighting the importance of wind power in meeting renewable energy demand.
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Mexican Consumer Prices Rise at Slowest Pace since 2020
Mexican consumer prices rose at the slowest pace since 2020, with inflationary pressures beginning to subside. The core CPI also decreased, reaching an increase of 5.09% in 2024. The Bank of Mexico predicts inflation will slow to 3.5% in the fourth quarter of this year.
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B&M European Value Retail: Fiscal 2024 Guidance, Special Dividend, and More Store Openings in the UK
B&M European Value Retail announces its fiscal 2024 guidance, special dividend, and expansion plans in the UK. Q3 results show positive trading and increased revenue.
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Jupiter Fund Management Experiences Worse-Than-Expected Net Outflows
Jupiter Fund Management faces larger net outflows than anticipated in 2023, impacting share price. Despite challenges, assets under management increase and performance fees exceed guidance.
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