TSMC shares fall sharply amid Nasdaq plunge, despite strong earnings
Daily Trader Insights TAIPEI (Reuters) -Taipei-listed shares of TSMC ended 3.5% lower on Friday, dragged down by continuing...
July 2024
China lithium rebounds on Chile earthquake, but demand concerns persist
BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s...
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported...
Apple backs $50 million fund to support Bay Area affordable housing
(Reuters) – Apple is partnering with the philanthropic arm of real estate firm Sobrato and...
Netflix’s efforts to grow ad tier in focus as subscriber growth slows
By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number of subscribers in...
Chip stocks tumble on fears of tighter US curbs on sales to China
(Reuters) – Shares of chipmakers fell more than 4% before the bell on Wednesday amid...
US banks see high deposit costs, investment banking boost
(Reuters) – U.S. lenders’ second-quarter profits were squeezed by dampening loan demand and the high...
Trump gunman shot from roof that wasn’t secured by any agency
(Fixes typo in paragraph 15) By Andrew Hay, Ted Hesson, Jonathan Landay (Reuters) -The gunman...
US steelmakers brace for tepid quarterly profit, further price declines
By Aatreyee Dasgupta (Reuters) – Top U.S. steelmakers are expected to post a decline in...
Microsoft’s hiring of former Inflection AI staff prompts UK probe
By Yadarisa Shabong and Martin Coulter (Reuters) – Britain’s competition regulator has started a formal...