Introduction Texas Instruments (ticker: TXN), a leading chip maker, has recently released a report that has raised concerns about the slow recovery in semiconductor demand. The company's stock price has suffered, and analysts have differing opinions on its strategy of expanding chip manufacturing in the U.S. Declining Revenue Forecast In premarket trading on Wednesday, Texas … [Read more...] about Texas Instruments Faces Challenges in Semiconductor Demand
Forex News
TotalEnergies to Report Third-Quarter Results
TotalEnergies, the French oil-and-gas major, is set to release its third-quarter financial results on Thursday. Here are the key details you should know: Profit Forecast According to a consensus compiled by FactSet, TotalEnergies is expected to report a net profit of $6.67 billion for the quarter, compared to $6.63 billion in the same period last year. On an adjusted basis, net … [Read more...] about TotalEnergies to Report Third-Quarter Results
New Home Sales Increase Despite Rising Mortgage Rates
Sales of new homes in September saw a significant boost, defying the climb in mortgage rates. This surge indicates that buyers remain enthusiastic about purchasing new homes, especially since the market offers limited options for previously owned properties. Additionally, builder incentives likely played a role in driving sales. Government data released on Wednesday revealed … [Read more...] about New Home Sales Increase Despite Rising Mortgage Rates
The Resilience of American Express Stock in the Face of Economic Uncertainty
Despite the looming threat of a recession, American Express (ticker: AXP) has managed to hold its ground, prompting analysts to reevaluate their bearish stance on the stock. In a recent development, Citigroup analysts upgraded Amex stock to Neutral from Sell and increased their price target from $143 to $154. As of now, Amex shares are trading at $144. While the upgrade to … [Read more...] about The Resilience of American Express Stock in the Face of Economic Uncertainty
Hyundai Hosts Clinics to Prevent Car Theft
Hyundai Motor America is taking action to prevent car theft by hosting five clinics where customers can install free software. This software aims to combat a method of theft that gained popularity through social media platforms. Persistent Problem Requires Multi-Day Clinics In February, the automaker released a software fix to address the widespread vehicle thefts. However, … [Read more...] about Hyundai Hosts Clinics to Prevent Car Theft
