Tag AAPL

Huw Pill signals inflationary pressures to keep Bank Rate on hold...

TSMC's record Q3 profit and upbeat outlook lift AI chip optimism. ETFs like SPWO, SPTE, EMC, WUGI & SMH may ride the momentum...

The figures released on Friday, confirm the flash release seen earlier this month, offering the European Central Bank (ECB) few reasons to further ease monetary policy...

The investment values the smart-ring maker at $11 billion...

Discover why TSMC leads in AI and smartphone chip innovation, forecasts strong growth, and remains a top long-term investment. Click for our TSM stock update...

STORY: From a costly government shutdown, to sky high tech earnings, this is the Week in Numbers.:: The Week in Numbers:: $15 billion$15 billion a week is how much the U.S. government shutdown could cost the country in lost output.That was the word from a U.S. Treasury official.The dispute has dragged on for more than two weeks with no signs of a resolution.Treasury Secretary Scott Bessent argued the shutdown was the only thing slowing down an investment boom in the U.S.:: 39.1%39.1% was the jump in earnings reported by chip giant TSMC, taking its profits to a record high. The third-quarter number smashed market expectations as the company rode the AI boom on demand from majors like Apple and Nvidia.TSMC scored net profit of almost $15 billion, and marked its sixth straight quarter of double-digit growth.:: $8.5 billion$8.5 billion is the third-quarter operating profit Samsung expects to see.That's way ahead of analyst projections and up almost a third from a year earlier.The South Korean tech giant believes demand for memory chips used in data centers is driving the surge.And that helped offset weaker sales of its advanced AI chips.:: 16,00016,000 is the number of jobs to be cut at Nestle as the Swiss firm battles to become more efficient.It's a big move for new CEO Philipp Navratil as he tries to raise sales volumes.Navratil took over the maker of KitKat chocolate bars and Nespresso coffee last month, replacing the fired Laurent Freixe.:: $10 billionAnd $10 billion is how much JPMorgan Chase plans to invest in firms seen as vital to U.S. national security and economic resilience.That's just one part of a broader 10-year $1.5 trillion pledge from the lender to finance industries key to U.S. economic growth...

Apple's iPhone Air sold out within minutes of its launch in China on Friday, underscoring the device's popularity among Chinese consumers despite competition from Android devices. The strong sales followed CEO Tim Cook's visit this week to promote the product in the world's largest smartphone market amid ongoing geopolitical tensions between China and the US. As chairman of an advisory body at Tsinghua University's management school, Cook also met Vice-Premier He Lifeng on Thursday. Pre-sales fo...

The event has drawn comparisons to the regional bank stress that followed the collapse of SVB in March 2023...