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Earnings date | 12 Aug 2024 - 16 Aug 2024 |
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Despite a backdrop of economic challenges and a modest uptick in bond yields, Japanese equities showed resilience last week, with the Nikkei 225 Index climbing by 1.5%. In such an environment, identifying robust dividend stocks can provide investors with potential stability and yield opportunities amidst market fluctuations.
Hon Hai Technology Group ("Foxconn") (TWSE:2317) announced its worldwide operations will run fully on green electricity by 2040 and has joined the global initiative RE100, in a milestone on Earth Day 2024 that adds the world's largest electronics manufacturer and technology solution provider among the most influential businesses committed to 100% renewable electricity.
Foxconn, the company best known for assembling Apple's (AAPL) iPhones, reported that its first quarter revenue fell 9.6% from a year ago. Foxconn, which is formally known as Hon Hai Precision Industry (2317.TW, HNHPF), expects sales to grow in the current quarter. in the video above, Yahoo Finance's Brad Smith and Seana Smith discuss the report. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Stephanie Mikulich