Infineon stock hikes on guidance beat, demand from auto sector
  • February 3, 2025

Infineon stock hikes on guidance beat, demand from auto sector

The outlook differs from other makers of microchips for cars and for industrial use that have missed expectations, in some cases by a wide margin, Juergen Wagner, an analyst from Stifel said. "Infineon's report likely eased concerns about continued deterioration in automotive demand as it guided for flat-to-slightly up Automotive revenue in FY25," Charter Equity Research analyst Jack Egan said. "The Power & Sensor segment is also expected to be up significantly in FY25, most likely due to Infineon's (artificial intelligence) server products," the analyst added.

Morgan Stanley Says Trade Risk May Sink Asian Tech Stocks by 20%
  • February 3, 2025

Morgan Stanley Says Trade Risk May Sink Asian Tech Stocks by 20%

(Bloomberg) -- Investors should take profit in Asian technology stocks amid trade-related risks, elevated valuations and lack of earnings upside, according to Morgan Stanley.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomTrump Paves the Way to Deputize Local Police on ImmigrationHistoric London Elevator Faces Last Stop in Labour’s Housi