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UK's Raspberry Pi shares hit record as industrial demand boosts outlook
UK's Raspberry Pi shares hit record as industrial demand boosts outlook June 5 : Britain's Raspberry Pi on Friday upgraded its full-year profit outlook, sending shares of the single-board computer maker to an all-time high. The Cambridge-based company said strong pricing and demand from industrial customers helped it weather soaring memory-chip costs, though its profitability per unit would moderate in the second half as the inventory of chips secured at lower prices begins to shrink....
Aluminum Falls to One-Month Low on Iran Tension, US Rate Outlook
Aluminum Falls to One-Month Low on Iran Tension, US Rate Outlook Aluminum fell to the lowest level in one month after tensions in the Middle East escalated and expectations of US rate hikes damped the demand outlook for industrial metals. Sentiment soured as stocks dropped after US forces struck Iran. The prolonged war has stoked inflation and raised the prospect of higher interest rates that could slow global growth and demand for metals.
Outlook has an image problem
A bug in Outlook version 2604 Build 19929.20164 is causing images, particularly in signatures, to be omitted or display error messages in emails. Microsoft has advised users to avoid setting images with "Wrap Text with Top and Bottom" as a temporary workaround. However, replies or forwards to affected messages may permanently lack the images until a fix is released.
Dollar eases as investors weigh Middle East hopes, rate outlook
Dollar eases as investors weigh Middle East hopes, rate outlook June 9 : The U.S. dollar edged lower on Tuesday, as investors weighed hopes for a deal to reopen the Strait of Hormuz against expectations of higher U.S. interest rates following strong jobs data late last week. The U.S. economy is relatively insulated from energy shocks compared to other countries, which is one of the reasons why investors flocked to the safe-haven dollar during the conflict, while selling the euro and the...
Ulta shares pop as beauty retailer beats Wall Street expectations and hikes earnings outlook
Ulta Beauty on Tuesday reported quarterly results that beat on the top and bottom lines and hiked its earnings outlook as the retailer saw a strong start to its fiscal year. Shares of the company rose as much as 7% in extended trading. Here's how the company performed in its fiscal first quarter compared with what Wall Street was expecting, according to a survey of analysts by LSEG: - Earnings per share: $7.74 vs. $6.86 expected - Revenue: $3.16 billion vs. $3.10 billion expected For the...
‘Transitory euphoria’: South Korea’s strong economic outlook masks key hurdles
South Korea’s economy faces uncertainties from rising inflation, a weakening won and uneven performance across sectors, even as it grows stronger than expected this year, according to analysts. The Bank of Korea on Thursday revised its economic growth outlook for this year to 2.6 per cent, up 0.6 percentage points from its forecast three months ago, citing robust exports driven by booming semiconductor demand and government supplementary spending aimed at offsetting the shocks from the Middle...
Lululemon cuts annual outlook, citing 'negative' media commentary and disappointing product launches
Lululemon's troubles are far from over. The athletic apparel retailer lowered its full-year guidance and issued a weak current quarter outlook on Thursday as interim CEO Meghan Frank blamed "negative commentary in the media" and recent product launches that failed to wow shoppers. "We experienced spikes of negative commentary in the media and on social channels with regard to our brand, which had an impact on traffic and overall top line performance," Frank told analysts during the company's...
Broadcom Sinks After Disappointing AI Chip Outlook
Broadcom shares fall in biggest drop since January 2025, after the chipmaker gave an outlook that was seen as underwhelming given the industry’s AI-related demand. Bloomberg's Mandeep Singh joined to discuss.
Dalal Street outlook: What will guide market sentiments this week?
Dalal Street is set for a busy week as investors will be tracking domestic and global developments. The RBI's interest rate decision, key economic data releases, crude oil prices and the evolving US-Iran situation are expected to be the main factors driving market sentiment. Market participants will also keep a close watch on macroeconomic indicators, foreign investor activity and movements in the rupee against the US dollar for cues on the near-term outlook for equities.
Equities lose steam while oil slips amid uncertain Middle East outlook
Equities lose steam while oil slips amid uncertain Middle East outlook NEW YORK/LONDON, June 9 : MSCI's global equities gauge lost ground on Tuesday as heavyweight U.S. technology stocks stumbled and investors opted for safer bets, while oil prices fell as updates from the Middle East brought little clarity on progress towards peace. On Monday, Iran and Israel had boosted hopes that tensions would ease as they said they would stop attacking each other. But U.S. President Donald Trump said on...