Fullyear guidance. Not having much visibility into the full year. Again, for the first quarter, adjusted eps and revenue higher than anticipated. Quincy,o bring back chief Market Strategist at prudential financial. These earnings, whether it is for intel, other companies. Let me add another. 18. 5quarter revenue of billion. The consensus estimate was for 18. 0 8 billion. An increase from what analysts were looking for. It be a bellwether for the global chip industry when you hear these kind of numbers versus localized situations . We know that the world is becoming less and less global and are trying to secure supply chains inside the country. Quincy i think you have to take semiconductors, chips together. Some of them are for working at home. There are others that have to do with gaming. Also working at home one you take a break. Future, 5g once we pick up. You put them all together and they have become a major bellwether. I started following them in 2018 whenatching the group move it
These are the biggest and the fourth Largest Companies including topix waiting. Definitely going to tell us how much companies are benefiting as well from those twin narratives of the weak yean and airelated booms. You have the nikkei coming online, 1 to the upside so far. Japanese yen of course, we have been tracking that trading. It has been fluctuating, but trading a little bit to the weaker side this morning and moving back up to that 154 mark. We did hear from finance officials in japan early this morning. The vice finance minister saying they are prepared to take appropriate action if fx moves are too rapid. But we have been speaking with different traders saying 165 could be possible by the end of the year. That is the state of play. Lets switch and take a look at korea so far on the session, because you are seeing more moves here to the upside. The kospi up 1. 6 , a little bit of strength coming into the korean won this morning. Reflecting the moves we have had in wall street o
Ron O Hanley, CEO of State Street, discusses the evolution of supply chains after the pandemic, saying that globalisation was taken to extremes, to the detriment of flexibility. He now sees a move.
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