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ASML's 2025 outlook shows US chip export restrictions impacting sales in China

An ASML symbol is seen on a circuit board next to the flags of the United States and China in this photo illustration taken in Brussels, Belgium, on January 4, 2024. Jonathan Raa | Photo only | Getty Images ASML gave a first glimpse Tuesday of how U.S. restrictions on exports of its advanced chip-making […]

By Andrew Jack

October 16, 2024October 16, 2024

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Shares of chipmaker ASML plunge 15% after an early release warning of weaker sales in China

An ASML symbol is displayed on a smartphone and an ASML chip is visible in the background. Photo only | Photo only | Getty Images Shares in the semiconductor equipment manufacturer ASML fell 15.6% on Tuesday after the Dutch company issued disappointing sales forecasts a day earlier. The move dragged other chip stocks lower, along […]

By Andrew Jack

October 15, 2024October 15, 2024

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Tesla stock plunges after Elon Musk's robotaxi event disappoints

Investors hoped Tesla's long-awaited robotaxi demonstration would deliver on substance as well as style. On Thursday, Elon Musk showed off real vehicles and humanoid robots walking among guests — not just a dancer in a robot bodysuit, like at the company's “AI Day” three years ago — but many analysts remained unimpressed. At a glitzy […]

By Andrew Jack

October 11, 2024October 11, 2024

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JPMorgan Chase (JPM) Q3 2024 Results

JPMorgan Chase reported third-quarter results that beat profit and revenue estimates as the company earned more interest income than expected. Here's what the company reported: Earnings: $4.37 per share versus LSEG estimate of $4.01 per share Revenue: $43.32 billion versus an estimate of $41.63 billion JPMorgan said profit fell 2% from a year ago to […]

By Andrew Jack

October 11, 2024October 11, 2024

News

Tesla (TSLA) vehicle delivery and production numbers for Q3 2024

A worker unloads a new Tesla Model 3 from a truck at a logistics drop-off zone in Seattle, Washington, USA, on Thursday, August 22, 2024. Bloomberg | Bloomberg | Getty Images Tesla released its third-quarter vehicle production and delivery report on Wednesday. The stock fell as much as 3.7% Monday morning following the report. Here […]

By Andrew Jack

October 2, 2024October 2, 2024