
TSMC Shares Drop amid Speculation of US House Speaker Nancy Pelosi Planned Visit to Taiwan
Semiconductor heavyweight TSMC saw a slipup in share price as political tensions mount over intended Pelosi visit to Taiwan.
Semiconductor heavyweight TSMC saw a slipup in share price as political tensions mount over intended Pelosi visit to Taiwan.
BP reported a profit of $9.3 billion, compared with a loss of $20.4 billion for the first quarter of 2022.
The most recent quarterly report is the first since co-founder Ben Silberman stepped down as CEO.
Ford outperformed numerous automobile manufacturers in July, including Toyota, Ferrari, and Stellantis.
Despite the impressive numbers recorded by the trio, each faced challenges in July as the aftermaths of inflation, strain in the supply chain and the pangs of the coronavirus pandemic.
US Treasury yields for 2, 10, and 30 years were all trading higher on August 1 as investors brace for more earnings reports and economic data.
The program is expected to improve the financing capabilities of Chinese companies in the foreign market while boosting their brand awareness and influence.
Recently, FTX US launched zero-commission stock trading as part of its plan to bring crypto and stock investment into the same space for retail investors.
Following its weak Q2 2022 financial report, Intel has now given a reduced full-year guidance, blaming a rapid decline in economic activity.
Apple released its fiscal Q3 2022 which surpassed expectations on iPhone sales and overall revenue, but shows lower YoY profit.
Amazon CFO Brian Olsavsky hinted at the possibility of resuming hiring after letting go of thousands of employees in Q2 2022.
Both COVID-19 sales and Paxlovid contributed immensely to the impressive financial report Pfizer announced for Q2 2022.
Meta has given a gloomy picture for the third quarter with Zuckerberg adding that the “economic downturn will have a broad impact on the digital advertising business”.
The Q2 2022 report is a turnaround for Ford, which saw a net loss of $3.1 billion in Q1.
Leading European oil players Shell and Total have a combined buyback program of $8 billion in Q3 after pulling in impressive profits.