Tag: concerns

As the Q4 FY24 earnings season is going on, Goldman Sachs (NYSE:GS) analysts have recalibrated their projections for the Indian pharmaceutical sector, factoring in a spectrum of variables from monthly sales data to currency fluctuations. Notably, the sector continues to trade at valuations exceeding one standard deviation above its five-year average, largely propelled by the resilience of major players like Sun Pharma (NS:SUN), Cipla (NS:CIPL), and Divi’s Laboratories.

TAIPEI (Reuters) -TSMC\’s Taipei-listed shares tumbled 6.7% on Friday following the company\’s first-quarter earnings report in which it dialled back its expectations for chip sector growth and did not revise up its capital spending plans, contrary to expectations.

(Reuters) – U.S. lawmakers Jerry Nadler and Joaquin Castro on Tuesday raised competition concerns over the sports streaming joint venture planned by Walt Disney (NYSE:DIS), Fox and Warner Bros Discovery (NASDAQ:WBD). The congressmen questioned how the new offering would affect access, competition, and choice in the sports streaming market in a letter to the media companies\’ CEOs.

By Marc Jones