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Switzerland's consumer confidence index for August was -32.8, compared to a forecast of -32 and a previous reading of -34.8.
2026-09-11
Switzerland's consumer confidence index for August was -32.8, compared to a forecast of -32 and a previous reading of -34.8.
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2026-09-11
At Goldman Sachs' 2026 TMT conference, NXP and SiTime management said industrial and automotive end markets are recovering, driven by inventory destocking, higher chip content per unit and steady demand improvement. NXP said industrial and IoT are th
At Goldman Sachs' 2026 TMT conference, NXP and SiTime management said industrial and automotive end markets are recovering, driven by inventory destocking, higher chip content per unit and steady demand improvement. NXP said industrial and IoT are the best-performing markets YTD and automotive is rebounding; Roughly 50% of Q2 automotive revenue came from software-defined vehicles, radar and connectivity, which are growing about 20%. NXP reported rising backlog and lengthening lead times, increasing revenue visibility, but said OEMs have not broadly begun restocking and channel inventories remain low. Demand is stronger in data center and aerospace/defense: NXP expects data-center revenue to more than double in 2026, and SiTime said recent annual revenue from defense and aerospace is around $100m with scope to double over the next two years.
2026-09-10
Market news: An explosion was heard in Kyiv.
Market news: An explosion was heard in Kyiv.
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