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Asian Stock Markets Brace for US Jobs Data Release

Asian stock markets saw a mix of gains and losses on Thursday, as investors kept a close eye on the highly-anticipated US jobs data release due later in the day. In Tokyo, the Nikkei closed at 27,509.46, up 107.41 points,…

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Amazon Reports Strong Q4/2022 Revenue, but Cautious Q1/2023 Forecast

Amazon, the e-commerce giant, reported higher-than-expected revenue for the fourth quarter of 2022, with $149.2 billion in revenue, beating Refinitiv analyst estimates of $145.42 billion. Despite this strong performance, Amazon’s stock price saw some fluctuation in after-hours trading on the…

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Asian Stock Markets React to Fed Meeting Outcome

Asian stock markets showed mixed results as investors assessed the outcome of the Federal Reserve (Fed) meeting. In Hong Kong, the Hang Seng index closed at 21,958.36, down 113.82 points or 0.52%, due to late selling pressure, despite starting the…

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Intel Inc. posts loss in Q4 2022, revenue drops 32%

Intel Inc., a major US chip maker, posted a loss in the fourth quarter of 2022, with revenue dropping 32% year over year to $14.0 billion. This marks a fourth consecutive quarter of decline for the company, as the personal…

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