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TSMC stock is soaring and its AI-driven boom has ‘no end in sight,’ analysts say

Taiwan Semiconductor Manufacturing Company (TSM) (TSMC), the world’s largest chipmaker, saw its profits soar 54% in the third quarter, driven…

Profit Falls Short Of Expectations On Higher Medical Costs, Issues Soft Annual Outlook

Elevance Health’s Q3 Earnings: Profit Falls Short Of Expectations On Higher Medical Costs, Issues Soft Annual Outlook On Thursday, Elevance…

Chip stocks rally as TSMC’s AI-backed outlook impresses investors

(Reuters) – US chip stocks rose before the bell on Thursday after industry bellwether TSMC’s (TSM, 2330.TW) strong sales forecast…

Nasdaq futures jump as TSMC outlook eases AI worries

Techs led US stock futures higher on Thursday as TSMC’s (TSM) upbeat outlook eased worries about AI chip demand, with…

Florida homeowners fear soaring insurance cost after hurricanes

By Michelle Conlin and Matt Tracy NEW YORK/WASHINGTON (Reuters) – For 32 years, Jim Tynan had a homeowners’ policy with…

If You Invested $1,000 In Bitcoin When Mark Cuban Said ‘Throw The Hail Mary,’ Here’s How Much You’d Have Now

If You Invested $1,000 In Bitcoin When Mark Cuban Said ‘Throw The Hail Mary,’ Here’s How Much You’d Have Now…

Ark Invest’s flagship fund realized $3.5 billion in losses in a year. Here were its 10 biggest losers.

Photo by Marco Bello/Getty Images Ark Invest’s Innovation ETF realized $3.5 billion in losses in the fiscal year ending July…

TSMC Raises Revenue Outlook in Show of Confidence in AI Boom

(Bloomberg) — Taiwan Semiconductor Manufacturing Co. raised its target for 2024 revenue growth after quarterly results beat estimates, allaying concerns…

Asian shares are mostly higher after strong earnings boost stocks on Wall St

BANGKOK (AP) — Shares mostly advanced in Asia on Thursday after U.S. stocks rose following better-than-expected profit reports from Morgan…

Chinese Stock Gains Fizzle as Briefing Lacks Major Stimulus

(Bloomberg) — Chinese stocks gave back earlier gains as a much-anticipated joint ministry briefing on supporting the property market offered…