Asia Chip Stocks Rally on Report US Allies Exempted From Curbs

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(Bloomberg) -- Tokyo Electron Ltd. led a rally in Asian chip stocks after Reuters reported the Biden administration planned to exempt chip equipment makers...

-- Tokyo Electron Ltd. led a rally in Asian chip stocks after Reuters reported the Biden administration planned to exempt chip equipment makers from Japan, the Netherlands and South Korea from upcoming export restrictions.

Amadeus said its adjusted net profit for the April to June period came in at 358.9 million euros , ahead of Refinitiv-polled analysts who had forecast 337 million euros and 25% higher than a year earlier. "We continued to grow at a double-digit pace throughout the first half of the year and we remain confident in our outlook for 2024", CEO Luis Maroto said in a statement.

Polish Ministry of Health Approves Reimbursement of POTELIGEO® for Adults Living With Mycosis Fungoides or Sézary Syndrome GALASHIELS, Scotland & MARLOW, England & BAAR, Switzerland, July 31, 2024--Kyowa Kirin International , a wholly owned subsidiary of Kyowa Kirin Co. Ltd., and Swixx BioPharma AG today announced that the Polish Ministry of Health has approved the reimbursement of POTELIGEO® in second-line monotherapy for adult patients with Stage IB and above mycosis fungoides , and Sézary syndrome .

 

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Stock market today: Big tech stocks dive again to halt Wall Street's record-setting rallyNEW YORK (AP) — Wall Street’s record-breaking rally ran into a wall, as worries about potentially worsening trade tensions with China hit stocks of chip companies.
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Markets today: Stocks rally ahead of big week for rates, earningsU.S. stock futures strengthened on the back of equity gains in Europe and Asia, signaling rising optimism ahead of major central bank decisions and big tech earnings due this week.
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