United States · Markets & Finance · CNBC

China's CXMT sees shares drop over 6% as investors look past chipmaker's profit turnaround

Published by CNBC · United States 1 h ago

CXMT shares fell over 6% on Monday after the company released its earnings forecast for the first nine months of 2026.

Read the full article on CNBC Sign in to save

MediaNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.cnbc.com)

Also worth reading

China’s Export Boom Fuels Growth Despite Slump at Home

Deutsche Bank targets Asia crypto custody expansion in 2027 as German launch nears

Qubic freezes chain after attacker drains 1.4K wallets with weak seeds

Zoom and big financial firms add ‘Proof of Human’ badges from Sam Altman’s World to stop fraud and deep fakes

America Needs 48,000 Tons of Rare Earth Magnets. It Only Makes 300

Business Insider

Meta says it shut down No Kings Instagram account because it thought bots had been unleashed