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Taiwan’s leading computer chip maker, TSMC, said Thursday that its net profit surged nearly 40% in the last quarter, boosted by the surge in use of artificial intelligence. Taiwan Semiconductor Manufacturing Corp. is the world’s biggest semiconductor manufacturer. It reported a net profit of a record 452.3 billion new Taiwan dollars ($15 billion) in the July-September quarter, higher than analysts’ forecasts...
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A small number of companies dominate US equity market size and earnings, making investors reliant on the fortunes of a select few...
Continue ReadingTSMC, the world's largest contract chipmaker, posted a 39.1% jump in third-quarter net profit on Thursday,...
Continue ReadingMany investors have significant exposure to the S&P 500 index and its paltry yield. Here’s how to bulk up the income portion of your portfolio...
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Its American depositary receipts are trading at the highest premium to its Taipei shares since 2002, on a 50-day moving average basis. The ADRs have surged 54% this year, outpacing the 38% gain in the Taiwan listing, as global traders boost bullish bets. “We are positive on TSMC’s outlook and expect it to raise its full-year 2025 sales growth outlook,” said Rex Chen, a Taipei-based fund manager at Capital Investment Trust Corp...
Continue ReadingIn many ways, Apple’s (AAPL) 2025 story has been one of quiet resilience. Despite sluggish global smartphone demand, the world’s most valuable business was able to find new ways to bend the curve. Its success had everything to do with supply-chain recalibrations, a steady premium mix, along .....
Continue ReadingPresident Donald Trump on Wednesday welcomed nearly 130 deep-pocketed donors, allies and representatives of major companies for a dinner at the White House to reward them for their pledged contributions to a massive new ballroom. The ballroom, whose price tag is now estimated at $250 million, is the most significant renovation that Trump, a former real estate mogul, is undertaking during his second term at the White House. All four sides of the ballroom — which Trump said will be large and grand enough to hold even a presidential inauguration -- will be made of bulletproof glass, with its color, window shape and molding keeping in character with the White House...
Continue ReadingLONDON, October 16, 2025--According to Omdia’s latest research, mainland China’s smartphone market declined 3% year on year in 3Q25. The market remains in an adjustment phase, while competition among leading vendors has intensified, with shipment gaps between the top players continuing to narrow. vivo regained the top spot with shipments of 11.8 million units, accounting for an 18% market share. Huawei followed closely in second place with 10.5 million units and a 16% share. Apple maintained its...
Continue ReadingUnited Airlines reported a slight dip in profits Wednesday as operating expenses ticked higher, adding that a strengthening demand outlook would boost fourth-quarter results.United is poised for a "strong" fourth quarter "as the demand environment strengthens," said a United press release...
Continue ReadingNvidia was also jerked around, while Advanced Micro Devices bolted higher on the stock market today. The Dow ended the day slightly lower with a 17-point dip, after making big swings in the final hours of trading. The S&P 500 clung to a gain in the final hour after messy afternoon action and finished 0.4% higher...
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