Recently, Signify announced its Q3 results for fiscal year 2024, showing a gradual recovery. Although sales declined year-over-year, the recovery in horticultural lighting, sustained growth in connected lighting, and growth in OEM and consumer businesses across multiple regions contributed to a sequ...

Following recent downward revisions in annual financial targets by semiconductor lithography equipment manufacturers ASML and Canon, Nikon has also announced a cut to its forecast. According to a press release from Nikon, the company expects its 2024 performance to fall short of initial plans due...

Following the Federal Reserve’s two-rate cut and release of its latest Summary of Economic Projections (SEP) on September 18, the U.S. 10-year Treasury yield has surged by 60 basis points over the past two months, from around 3.7% to approximately 4.3%. Why have Treasury yields risen so sharply? W...

According to a report from Wccftech, citing information from Semafor, the US Commerce Department is reportedly exploring ways to assist Intel, which may include a potential merger deal. The report from Wccftech highlighted that Intel is the only US-based company with "mature" processes and facili...

Last week, U.S. equity markets experienced a pullback, primarily driven by declines in the tech sector, leading the S&P 500 to drop 1.37%. In the bond market, decreasing election uncertainty and a resilient labor market caused yields on 2-year and 10-year Treasuries to rise to 4.212% and 4.386%,...