Tag: market expectations
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Foxconn beats estimates with record third-quarter revenue on AI demand
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand...
Futures dip ahead of labor data; Powell signals modest rate cuts
(Reuters) - U.S. stock index futures were flat to slightly lower on Tuesday as investors awaited labor market data, a day after Federal Reserve...
Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says
By Alun JohnLONDON (Reuters) - Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is...
Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain
(Reuters) - Market values of major tech firms declined in August amid concerns over escalating artificial intelligence infrastructure costs and rising recession risks that...
Indonesia’s inflation stays within central bank range in Aug
By Stefanno Sulaiman and Gayatri SuroyoJAKARTA (Reuters) -Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed...