TSMC revenue jumps 35% as AI boom keeps chip demand resilient
Taiwan Semiconductor Manufacturing Co posted stronger-than-expected first-quarter revenue, offering fresh evidence that demand tied to artificial intelligence is still powering the global chip industry even as investors look for signs of a broader slowdown in electronics. The world’s largest contract chipmaker
Why TCS stock is plunging despite earnings beat strong deal wins?
Shares of Tata Consultancy Services fell on Friday after India’s largest software exporter posted a rare decline in annual revenue, overshadowing better-than-expected quarterly numbers and strong deal wins. The stock dropped about 3% in early trade as investors focused less on the latest
What’s driving Fast Retailing stock to record highs today?
Fast Retailing stock surged to a record high after the earnings upgrade, rising as much as 9.3% to 73,740 yen on Friday and briefly touching 74,220 yen. The move made it the top performer on Japan’s Nikkei 225 index on Friday. After
Kospi and Nikkei 225 edge higher as oil, Fed fears cap Asia rally
Asian stocks edged higher on Friday, drawing some support from Wall Street’s overnight advance, but gains were restrained as investors weighed a fragile Middle East ceasefire, firmer oil prices and a further push-out in expectations for the first Federal Reserve
Intuit stock is crashing amid SaaSpocalypse concerns as a bullish pattern forms
Intuit stock price crash continued today, April 9, reaching its lowest level since February 26 amid the rising concerns about the impact of artificial intelligence (AI) tools on its business. INTU dropped to $360, down by 55% from its highest
