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TSMC Q2 sales jump 39% on robust AI-driven chip demand
Market Updates

TSMC Q2 sales jump 39% on robust AI-driven chip demand

Investing.com-- Taiwan Semiconductor Manufacturing Co (TSMC) (TW:2330) on Thursday posted a 39% jump in second-quarter sales, surpassing market expectations amid strong global demand for AI chips. Acc...

  • July 09, 2025 11:19 PM PDT
  • EODHD
WPP names Microsoft exec Cindy Rose as new CEO
Market Updates

WPP names Microsoft exec Cindy Rose as new CEO

LONDON (Reuters) -British ad group WPP (LON:WPP) named board member Cindy Rose as its new chief executive on Thursday, handing the top job to a senior executive from Microsoft (NASDAQ:MSFT) a day afte...

  • July 09, 2025 11:16 PM PDT
  • EODHD
For CoreWeave, Merger Math Highlights Bear Case for the Stock
Market Updates

For CoreWeave, Merger Math Highlights Bear Case for the Stock

The purchase price is dependent on a five-day average price of CoreWeave stock when the transaction closes, expected to be in the fourth quarter. The trading dynamics suggest that investors expect a b...

  • July 09, 2025 11:00 PM PDT
  • EODHD
TSMC Revenue Rises 39% Amid AI Spending Boom
Market Updates

TSMC Revenue Rises 39% Amid AI Spending Boom

TSMC's revenue rose a better-than-anticipated 39% in the June quarter. The chipmaker for Nvidia and Apple sales climbed to NT$934 billion ($32 billion) for the three months, beating the average analys...

  • July 09, 2025 10:59 PM PDT
  • EODHD
Trade tariffs force Nissan to suspend production of key models for Canada
Economy

Trade tariffs force Nissan to suspend production of key models for Canada

Nissan Motor has announced a suspension of US production for three of its vehicle models specifically designated for the Canadian market, according to a Reuters report.  This decision comes as a direct consequence of the escalating trade tensions between the United States and Canada, which have resulted in the imposition of mutual tariffs on imported […]

  • July 09, 2025 10:48 PM PDT
  • Invezz
TSMC posts Q2 sales of T$933.8 billion, above forecasts
Market Updates

TSMC posts Q2 sales of T$933.8 billion, above forecasts

TAIPEI (Reuters) -TSMC, the world’s largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company’s p...

  • July 09, 2025 10:40 PM PDT
  • EODHD
TSMC second-quarter sales rise 38.6% y/y, beat forecasts
Market Updates

TSMC second-quarter sales rise 38.6% y/y, beat forecasts

TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's p...

  • July 09, 2025 10:36 PM PDT
  • EODHD
Elon Musk says his new AI model ‘better than PhD level in everything’
Market Updates

Elon Musk says his new AI model ‘better than PhD level in everything’

Elon Musk says his xAI company’s latest AI model Grok 4 is “better than PhD level in everything”. Describing the latest model as “the smartest AI in the world” at its launch, the billionaire SpaceX an...

  • July 09, 2025 10:28 PM PDT
  • EODHD
Elon Musk’s xAI launches Grok 4 AI model
Market Updates

Elon Musk’s xAI launches Grok 4 AI model

Investing.com-- Elon Musk’s artificial intelligence start-up xAI launched an updated version of its flagship AI model, Grok 4, in a livestream on Wednesday evening. Musk and his xAI team showcased the...

  • July 09, 2025 10:16 PM PDT
  • EODHD
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