Nvidia added to Wednesday’s gains after Taiwan Semiconductor’s results and strong outlook for AI chips.
The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier. Read more...
While bank stocks have been supported by enthusiasm for rising deal activity, it was actually the trading side that helped Morgan Stanley more in the quarter...
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed. Read more...
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in...
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. projected quarterly sales and capital expenditure ahead of analysts’ estimates, fueling hopes that...
(Bloomberg) — Microsoft Corp.’s Satya Nadella discussed AI and cybersecurity during a meeting with US President-elect Donald Trump and Elon Musk...
Disappointment, denial and confusion flooded U.S. TikTok on Wednesday upon hearing the news that Chinese owner ByteDance planned to shut off the app for its...
Shares popped roughly 6% to more than $600 apiece after a fourth-quarter revenue and earnings beat. Read more...
Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy.