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TSMC Shares Soar 4% Premarket as AI Chip Demand Drives Record Earnings

TSMC shares surged 4% premarket after reporting a 60.3% jump in Q1 net profit to $11.1 billion, beating forecasts amid strong AI chip demand. The company maintains its growth forec...

Market

South Korean Investors Defy Global Trends with Bold Moves in U.S. Stocks Amid Trade War

South Korean investors are aggressively purchasing U.S. stocks despite the U.S.-China trade war, contrasting with global investors who are reducing holdings. Experts warn of recess...

Market

European Markets Brace for Impact as ECB Prepares to Slash Interest Rates Amid Economic Woes

European markets are poised for a negative opening as the ECB is expected to cut interest rates again, reflecting concerns over the eurozone's economic health amid global trade ten...

Market

Oil Prices Surge 1% as US Tightens Sanctions on Iran, Sparking Global Supply Concerns

Oil prices rose by 1% due to US sanctions on Iran, targeting oil exports and a Chinese refinery, amid nuclear talks. WTI and Brent crude prices saw increases.

Market

European Markets Dip at Opening: Earnings Reports and Economic Data Stir Investor Sentiment

European stock markets opened lower on Thursday, impacted by new economic data and earnings reports. German producer prices fell, while Switzerland reported a trade surplus. Key in...

Market

Dow Futures Surge Over 370 Points Following Powell's Reassuring Market Speech

US stock futures, including the Dow Jones, S&P 500, and Nasdaq 100, saw significant gains early Thursday following Federal Reserve Chair Jerome Powell's reassuring speech on market...

Market

TSMC Shares Surge 4% Premarket as AI Chip Demand Drives Record Earnings Beyond Forecasts

TSMC's US-based stocks rose 4% as the company surpassed Q1 earnings forecasts with a 60.3% profit increase to $11.1 billion, driven by AI chip demand. The firm maintains a mid-20% ...

Market

TSMC Soars 4% Premarket: AI Chip Demand Fuels Record Earnings Surpassing Expectations

TSMC's US-based stocks rose 4% premarket after reporting a 60.3% year-over-year net profit increase to $11.1 billion, driven by AI chip demand. The company maintains its growth for...