Taiwanese chipmaker TSMC posted an 80% surge in third-quarter net profit on Thursday, boosted by strong sales of its advanced chips used in data centres and electric cars, despite a slowdown in the global chip industry due to economic headwinds.
Taiwanese chipmaker TSMC posted an 80% surge in third-quarter net profit on Thursday, Reuters calculations showed, buoyed by strong sales of its advanced chips despite a slowdown in the global chip industry because of economic headwinds.
(RTTNews) - Apple Inc. (AAPL) said on Thursday that it would include software upgrades to recent models, including the iPhone 14, 13, 12 and iPhone SE, as these models do not support the 5G network.
The iPhone maker said in a statement, "We are working with our carrier partner
The NASDAQ 100 After Hours Indicator is down -2.68 to 10,782.94. The total After hours volume is currently 68,482,688 shares traded.The following are the most active stocks for the after hours session: Rentokil Initial plc (RTO) is unchanged at $26.95, with 4,807,765 shares trad
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares Core S&P Total U.S. Stock Market ETF, where 15,550,000 units were destroyed, or a 3.2% decrease week over week. Among the larg
Disney DIS recently announced changes and delays in the release dates of a slew of movie titles, including four from the Marvel Cinematic Universe (MCU).Marvel’s Blade, the vampire movie starring Mahershala Ali, is now set to open on Sep 6, 2024, having previously been sl
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Apple (AAPL), which belongs to the Zacks Computer - Mini computers industry.
Sirius XM SIRI recently announced that it will be opening a state-of-the-art broadcast center, which will be a 50-seat performance space in Miami in 2023.The facility will bring several artist-first radio and recording studios, in addition to office space, and feature a w
Warren Buffett held over $327 billion in equity securities through Berkshire Hathaway at the end of the second quarter, and more than half of that sum was invested in just three companies: Apple, Bank of America, and Coca-Cola, all of which have been huge winners for Buffett. Bu
The S&P 500 and the Nasdaq bounced on Wednesday after a five-day selloff, but inflation and rate hike worries capped the gains after a higher-than-expected rise in September producer prices.
Every stock market sector is down in 2022 except one: the energy sector. But given the shift to green power, that outperformance is unlikely to persist in the long run. It highlights how difficult it has been to find returns in this difficult economic climate, with inflation soa
The pandemic-led social transformation has established digitization as the new normal. The outbreak of coronavirus quickly changed the lifestyle and lookout of people. People who were not entirely used to digital platforms for doing office work (working from home), orderi
U.S. stock index futures pared gains on Wednesday after data showed producer prices increased more than expected in September, in another hot inflation reading that boosted bets of more jumbo-sized interest rate hikes by the Federal Reserve.
One of the keys to Warren Buffett's phenomenal success over the years has been his willingness to buy stocks of good companies possessing long runways of future growth at discounted prices and then hold them for the long haul.
U.S. stock index futures rose on Wednesday, led by technology and growth shares, ahead of data on a key inflation indicator and minutes from the Federal Reserve's September meeting.
For Immediate ReleaseChicago, IL – October 12, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
HP (HPQ) is a Zacks Rank #5 (Strong Sell) that provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services.
"The metaverse" is a phrase often used but not readily understood. To date, the best metaverse definition I've heard is from Nvidia (NASDAQ: NVDA) CEO Jensen Huang, who simply calls it the "3D internet."
U.S. stock index futures rose on Wednesday, as a dip in Treasury yields helped ease pressure on tech and growth shares, with investors also eyeing key inflation data and minutes from the Federal Reserve's September meeting to gauge the rate-hike path.
There's no sugarcoating the fact that it's been a dreadful year for professional and everyday investors. Since hitting their respective all-time highs between mid-November and the first week of January, the timeless Dow Jones Industrial Average, widely followed S&P 500, and g