Core Viewpoint - Lam Research Corporation (NASDAQ:LRCX) is recognized as one of the best American semiconductor stocks, with a Hold rating and a price target of $127 set by HSBC, indicating expected benefits from growing demand for wafer fabrication equipment [1][2]. Group 1: Company Performance and Projections - HSBC projects a compound annual growth rate of 15.7% in diluted EPS for Lam Research from fiscal years 2025 to 2030 [2]. - The company experienced a significant stock price increase of over 30% in September, suggesting that much of the anticipated gains may already be reflected in the current stock price [3]. Group 2: Market Conditions and Challenges - Near-term revenue growth for Lam Research is expected to slow due to sluggish spending in wafer fabrication equipment, particularly in the foundry and NAND end markets [2].

In Going Private, our newsletter on private markets, we explore HSBC's potential gains as it delists HK lender Hang Seng https://t.co/C3WTg8Iikq ...

[Music] Hello and welcome to Morning Brief Market Sunrise. I'm Raman Karamali live from Yahoo Finance Studios in London. It's Thursday 9th October.Coming up on the show, Nvidia gets the green light to sell chips to the UAE. Gold prices stutter after President Trump hells a peace deal in the Middle East. And do you want to drive a car with a,000 brake horsepower.Well, Ferrari has the car for you and it's electric. So, grab your coffee and let's own the morning. [Music] Well, the first thing you need to know ...

Hang Seng Bank, one of the biggest banks in Hong Kong, on Thursday received a proposal from its parent HSBC to take it private. The bank's impairments tied to the city's property sector, which is suffering from a multi-year downturn, have weighed on its bottom line. Non-performing loans rose to 6.69 per cent at the end of June, from 6.12 per cent at the end of last year, according to its interim report. The bank's total assets stood at HK$1.82 trillion (US$233.9 billion) in the first half, an increase of ...

>> THIS IS BLOOMBERG DAYBREAK: EUROPE. VERY GOOD MORNING TO YOU. LET'S SET YOUR AGENDA.AFTER TWO LONG YEARS OF WAR, DONALD TRUMP SAYS ISRAEL AND HAMAS HAVE AGREED TO TERMS THAT WOULD FREE ALL HOSTAGES IN GAZA. ISRAEL TO RETREAT AS PART OF THE PEACE PLAN. CHINA REOPENS FROM THE GOLDEN WEEK HOLIDAY.AI BOOM IN JAPAN. FRENCH PRESIDENT EMMANUEL MACRON SAYS HE WILL NAME A NEW PRIME MINISTER BY TOMORROW NIGHT AFTER AVOIDING SNAP ELECTIONS FOR NOW. WE BRING YOU LIVE COVERAGE AND REACTION THROUGHOUT THE HOUR.VERY GO ...

Core Viewpoint - HSBC plans to privatize Hang Seng Bank in a deal valued at HK$106.1 billion ($13.63 billion) due to concerns over its performance and exposure to struggling property markets in Hong Kong and mainland China [1] Group 1: Transaction Details - HSBC will offer HK$155 per share for the 36.5% of shares it does not already own, valuing Hang Seng Bank at $37 billion [1] - The offer represents a 30.3% premium over Hang Seng Bank's closing price of HK$119 prior to the announcement [2] - This transaction is the largest banking acquisition in Hong Kong in over a decade, surpassing OCBC's acquisition of Wing Hang Bank in 2014 for $5.3 billion [3] Group 2: Strategic Implications - HSBC's CEO stated that this move is a medium to long-term investment in a leading local bank with strong financial standing and good liquidity ratios [4] - The privatization reflects HSBC's confidence in Hong Kong's economy and its future as a global financial center [6] - HSBC plans to pause share buybacks for about three quarters to accumulate the necessary capital for the acquisition [8] Group 3: Market Reactions - Hang Seng Bank shares initially surged to HK$168 before settling at HK$150.3, reflecting a 26.3% increase but still below the offer price [2] - HSBC's stock fell by 6.2% to HK$103.7, contrasting with a minor decline of 0.15% in the benchmark Hang Seng Index [2] Group 4: Financial Health and Risks - Hang Seng Bank has seen rising bad loans, with impaired loans reaching 6.7% of gross loans as of June 2025, up from 2.8% at the end of 2023 [11] - HSBC anticipates a negative impact of about 125 basis points on its common equity tier 1 (CET1) ratio, which was 14.6% at the end of June [13] - The CEO emphasized that the privatization is not a bailout, despite concerns over Hang Seng Bank's loan book [12]

Lloyds warns on cost of missold car loans, HSBC to privatise Hang Seng Bank and UK housing market cools -- get briefed ahead of your morning calls with The London Rush https://t.co/s4m7OWIocy ...

HSBC on Thursday proposed to take Hong Kong-listed Hang Seng Bank private for HK$155 per share, valuing the lender at about HK$290 billion ($37 billion). ...

WE HAVE TARGETED FUNDERS. THIS IS THE ASIA TRADE. I'M PAUL IN SYDNEY. I'M AVERILL IN SINGAPORE. PAUL: PRESIDENT TRUMP SAID ISRAEL AND HAMAS SIGNED OFF ON THE FIRST PHASE OF A PEACE PLAN IN. A DUTY SOCIAL POST, PRESIDENT TRUMP SAID ALL HOSTAGES WILL BE RELEASED SOON AND ISRAEL WILL WITHDRAW ITS TROOPS AN AGREED UPON LINE. LET'S GET MORE ON THIS STORY WITH MIKE. THIS JUST DROPPED A FEW MOMENTS AGO. WHAT DO WE KNOW? MIKE: IT'S BELIEVED TO BE 20 LIVING ISRAELI HOSTAGES, ISRAEL IS DRAW TO RELEASE 2,000 PALESTINI ...

Economic Outlook - JPMorgan Chase CEO Jamie Dimon warns of a potential U.S. recession in 2026 despite a recent GDP growth of 3.8% [2][8] - Ongoing government shutdowns and policy uncertainties are highlighted as contributing factors to future economic weakness [2][8] Geopolitical Developments - Taiwan's Defence Ministry reports an increase in 'grey zone' attacks and hybrid warfare tactics from China [3][8] - Former President Donald Trump is actively pursuing peace deals for the Gaza war and urging an end to the Ukraine conflict [3][8] Corporate News - SoftBank's stock surged by up to 13% following its announcement to acquire ABB's robotics arm for $5.375 billion, expected to enhance profit growth driven by AI [4][8] - HSBC is reportedly offering a $13.6 billion deal to delist its local Hong Kong unit, with ongoing discussions about commercial real estate risks [6][8] - A creditor of First Brands has warned that approximately $2.3 billion has "simply vanished" [6] Market Performance - The US Dollar Index (DXY) has fluctuated, drifting below 99.00 amid a continued U.S. government shutdown [5][8] - The Thai Baht (THB) weakened to 32.610 per USD, its lowest level since August 22 [5][8] - Taiwan's stock market reached a new record high of 27,463.12 points, gaining 1.5%, driven by optimism in the semiconductor and AI sectors [6][8]