UPDATE 2-Growth and trade nerves grind European shares down to 2-week low [Reuters]
STMicroelectronics N.V. (STM)
Last stmicroelectronics n.v. earnings: 4/22 01:00 am
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Source: Reuters
Growth and trade nerves grind European shares down to two-week low | Reuters 5 Min Read LONDON (Reuters) - Worries about U.S. bond markets signaling an impending recession, and a still rumbling trade war between the world’s top two economies, sent European shares sinking further on Wednesday after a 3 percent drop on Wall Street. The pan-European STOXX 600 opened down 1.2 percent, hitting its lowest level since Nov. 23, but recovered some losses to trade down 0.9 percent by 0930 GMT. Financials were the biggest drag on European shares as investors dumped sectors highly sensitive to economic growth. Europe’s bank index .SX7P fell 1.7 percent, while oil and mining sectors fell 1.5 percent each. .SXEP .SXPP “Cyclicals are really dependent upon accelerations in growth, they’re very real economy sensitive for higher revenues,” said John Ricciardi, CEO and lead portfolio manager at Kestrel Investment Partners. The inversion of parts of the U.S. yield curve means investors are beginning to p
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STM
News
- STMicroelectronics Announces Status of Common Share Repurchase ProgramGlobeNewswire
- ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply Agreement [Yahoo! Finance]Yahoo! Finance
- ROHM Group Company SiCrystal and STMicroelectronics Expand Silicon Carbide Wafer Supply AgreementGlobeNewswire
- Ferrari's CEO likes to run the luxury car company like a tech startup [Business Insider]Business Insider
- Global Thin Film Battery Market Report 2023-2028: A $2.5 Billion Opportunity, Driven by Demand in Electronics, Medical Devices, and IoT Applications [Yahoo! Finance]Yahoo! Finance
STM
Earnings
- 1/25/24 - Beat
STM
Sec Filings
- 4/22/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/15/24 - Form 6-K
- STM's page on the SEC website