Nikkei edges up on Nvidia earnings beat; 7-eleven sinks as management fails to raise buyout funds - Thu 27 Feb 2025

Nikkei 225 Summary
Nikkei edges up on Nvidia earnings beat; 7-eleven sinks as management fails to raise buyout funds - Thu 27 Feb 2025

Most chipmakers edge up today on Nvidia's Q4 earnings beat led by Disco.

Socionext, a fabless System-on-Chip (SoC) supplier surged 12.69% after announcing a strategic partnership with Google Quantum AI.

Seven & I Holdings, operator of 7-eleven convenience stores sinks 11.69% after founding Ito family fails to raise funds from Itochu and thai conglomerate Charoen Pokphand Group to fend off the takeover bid of 47 billion from Canadian firm, Alimentation Couche-Tard.

Meanwhile, US President Trump has indicated that tariffs on Canada and Mexico will start on 4 Mar next week, adding stress to an already uptight market
.

Nikkei225  38,256.17 (+113.80 +0.30%) 173 up 50 down 2 flat

JGB 10YR   1.411% (+0.044)                 

USD/JPY    149.55 (+0.48 +0.32%)       


     

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