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%)       


     

Comments

Popular posts from this blog

Rakuten Mobile partners Science Arts to bring Buddycom to companies across the Rakuten Ecosystem through the “Rakuten Mobile Buddycom Set” package

IHI Launches New Bench-Scale Sustainable Aviation Fuel (SAF) Test Rig in Singapore with A*STAR ISCE²

The Boyz JuHakNyeon Roppongi sex party with Japanese AV actress girlfriend Kirara Asuka? Expelled from The Boyz boyband...