• Jan 28, 2025

3 Reasons to Avoid CPB and 1 Stock to Buy Instead

Over the last six months, Campbell’s shares have sunk to $39.79, producing a disappointing 15.3% loss - a stark contrast to the S&P 500’s 11.1% gain. This may have investors wondering how to approach the situation.

  • Jan 28, 2025

Swedish central bank cuts policy rate to support weak economy

STOCKHOLM (Reuters) -Sweden's central bank cut its key policy rate to 2.25% from 2.50% as expected on Wednesday to boost sluggish economic growth and said its forecast for interest rates held though it stood ready to act if the outlook for prices and activity changed. The Riksbank has slashed rates over the last year nearly as fast as it hiked them when the global bout of inflation hit after the pandemic and Russia's invasion of Ukraine. At its meeting in December, the Riksbank had said it expected to cut only once more in this cycle, sometime in the first half of this year, but rate-setters have been concerned about sluggish growth.

  • Jan 28, 2025

AI chip toolmaker Advantest hikes full-year profit forecast as DeepSeek roils markets

Japan's Advantest on Wednesday hiked its full year operating profit forecast by 37% due to strong demand for its testing tools for chips used in artificial intelligence tasks. "As of late, we have seen further growth in tester demand for AI related, high performance semiconductors," CEO Douglas Lefever told an earnings briefing. Operating income in the October-December quarter climbed 158% to 69.2 billion yen.