• Feb 13, 2025

Himax (NASDAQ:HIMX) Delivers Strong Q4 Numbers, Stock Jumps 10.5%

Semiconductor maker Himax Technologies (NASDAQ:HIMX) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 4.2% year on year to $237.2 million. On top of that, next quarter’s revenue guidance ($212.3 million at the midpoint) was surprisingly good and 5.8% above what analysts were expecting. Its GAAP profit of $0.14 per share was 40% above analysts’ consensus estimates.

  • Feb 13, 2025

Wall Street ends higher after Trump unveils tariff plan

(Reuters) -The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S. President Donald Trump unveiled a roadmap for charging reciprocal tariffs on U.S. trading partners. A White House official said the tariffs would match the higher duties charged by other countries and could be imposed within weeks as Trump's trade and economic team studies bilateral tariff and trade relationships. Healthcare, with a nearly 20% weighting in the core PCE, declined 0.06%.

  • Feb 13, 2025

Singapore Weighs Tax Incentives to Help Revive Stock Market

(Bloomberg) -- A Singapore government-led review group proposed tax incentives to revitalize the stock market, the first steps taken in a market plagued by low liquidity and a dearth of new listings.The proposals include tax measures to attract enterprises to list in Singapore, as well as encourage fund managers to boost the launch and growth of funds with substantial investment in domestic equities, according to a statement from the Monetary Authority of Singapore on Thursday. The review group

  • Feb 13, 2025

Record Stock ‘Fragility’ Sends Warning to Broader Market

(Bloomberg) -- Rising instability among some of the biggest US stocks is driving a measure of single-stock “fragility” to record levels, with the market increasingly vulnerable to whipsaw patterns among clusters of shares such as occurred in the dot-com bubble of the late 1990s.Stock fragility, a measure of a company’s daily share-price move relative to its recent volatility, is on track to reach its highest in more than 30 years among the largest 50 stocks in the S&P 500 Index, based on the ave

  • Feb 13, 2025

Goldman’s Rubner Sees US Stock Risk as Everybody ‘in the Pool’

(Bloomberg) -- A bearish trade is looming for US equities, according to Goldman Sachs Group Inc.’s Scott Rubner.The market is increasingly crowded and dip-buying is running out of steam, Rubner said. The managing director for global markets and tactical specialist was rightfully bullish heading into 2025, while touting an upcoming negative turn. In a note on Wednesday, he said this was his “last bullish email” for the first quarter.“Everyone is in the pool, including retail traders, 401k inflows

  • Feb 13, 2025

Could Bitcoin Reach $200,000 in 2025?

It seems like any time the doubters claim that Bitcoin (CRYPTO: BTC) is dead, it simply bounces back to reach fresh all-time highs. This leading digital asset has soared in the past few years, but in the past seven weeks, it's been trading around the $100,000 level. Bitcoin bulls are hoping for the next breakout to happen.

  • Feb 12, 2025

Spanish travel technology group HBX slumps on market debut

Shares in Spanish travel technology company HBX Group plunged on their market debut on Thursday, erasing 236 million euros of its market value. HBX Group, which owns the Hotelbeds brand, had priced its shares at 11.50 euros earlier in the week for a 2.84 billion euro ($2.96 billion) valuation, in one of the euro zone's first initial public offerings of the year. The Madrid-listed shares, however, were down 8.3% at 10.54 euros by 0920 GMT while the blue-chip IBEX-35 index was unchanged.