+++ Geschäftszahlen +++: Schwaches Werbegeschäft bremst Baidu – KI-Sparte als Lichtblick
US-Baumarktkette Home Depot mit überraschend guten Zahlen +++ Schwaches Werbegeschäft bremst Baidu +++ BHP profitiert von steigenden Kupferpreisen +++ Der Newsblog.
Baidu's stock fell five percent in after-hours trading, attributed to weak advertising revenue, according to analyst Brian Chin of Stifel. This slump was exacerbated by strong earnings and growth projections from rivals such as Lam Research and KLA, while Applied Materials shares have more than doubled this year. ABN Amro exceeded analyst expectations in the second quarter, reporting a net profit of 780 million euros (900 million US dollars) for the period, with net interest income up 11 percent and fee income up 25 percent.
The bank's CET1 ratio, a key profitability metric, improved to 15.9 percent, with the return on equity (RoTE) hitting 12.1 percent. ABN Amro's performance is partly due to the European Central Bank's interest rate hikes in the eurozone and potential further increases. Norway's sovereign wealth fund, investing in oil and gas earnings, currently holds Nvidia as its largest position, followed by Microsoft and Apple.
Overall, investments yielded a return of 13 percent, while fixed-income securities earned 0.9 percent.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
