As earnings plunge, Samsung says chip demand may recover in late 2023
Samsung Electronics reported a 31% drop in third-quarter profit on Thursday and said geopolitical uncertainties are likely to dampen demand until early 2023.
These ‘all-weather’ stocks can protect your portfolio in a recession, says outperforming fund manager
Wall Street execs say a recession is coming. But these three stocks “will work in any type of economic environment,” says Foord Asset Management’s Brian Arcese.
Hang Seng index jumps 2% in Asia session; South Korea grows slowest in year
Shares in the Asia-Pacific were mixed Thursday as investors digest economic data in the region.
Singapore’s mortgage costs are rising — but some buyers are shrugging off higher rates
Rising rates are unlikely to have a major impact on Singapore’s property market because of wealthy buyers, strong rental demand and more.
Stocks and bonds are struggling. Give these strategies a shot instead, say Goldman and others
Analysts share some investing strategies — including one behind the success of an index that beat the S&P 500.
A couple ditched the corporate life to drive around the world. Here’s how they’re paying for it
Bradley Williams and Cazzy Magennis started out backpacking before turning to “van life.” They’re now on a years-long trip to drive around the world.
Meta plans to lose even more money building the metaverse while its ads business shrinks
Meta plans to continue investing billions into virtual reality and augmented reality amid investor concern over the health of its online advertising business.
Dow closes nearly 200 points higher on better-than-expected GDP report, Nasdaq tumbles as Meta shares plummet
Investors are eyeing economic data and quarterly earnings, particularly from Big Tech names.
Microsoft exec says gaming is ‘somewhat resilient’ to economic weakness
In the Global Financial Crisis, Microsoft’s Xbox console business had the best calendar year to date, and Xbox content and services got a pandemic bump in 2020.
Companies are making climate pledges they don’t have the capacity to keep, Microsoft President Brad Smith says
Emissions measurement and tracking are still nascent, and there’s a general lack of clarity in the vocabulary used.
