by Jennifer George | July 18, 2024 | Industry, News, Stocks & Bonds, Technology, Trending Now
As global demand for AI chips skyrockets in 2024, TSMC has emerged victorious. Earlier this month, Taiwan Semiconductor Manufacturing Company exceeded revenue and profit projections in Q2, raising $247.85 billion in net income and $20.82 billion in revenue. The surge...
by Jennifer George | July 17, 2024 | Economy, News, Trending Now
In its recent World Economic Outlook update, the International Monetary Fund said “the momentum on global disinflation is slowing, signaling bumps along the path.” The IMF drew attention to the Fed’s imminent interest cuts in September and November of 2024,...
by Jennifer George | July 16, 2024 | Industry, News, Technology, Trending Now
As Q2 comes to a close, Samsung Electronics’ semiconductor sales division could overtake its long-standing rival chip foundry, TSMC, after nearly two years. Samsung’s dampened sales in the market were fueled by the global economic slowdown in the second...
by Jibran Munaf | July 15, 2024 | Markets, News, Trending Now
Saturday’s shooting at former U.S. President Donald Trump’s election rally raises his odds of winning back the White House and betting on his victory will increase, investors said. Trump was shot in the ear during a rally in Pennsylvania in what...
by Jibran Munaf | July 15, 2024 | Breaking, News, Trending Now
Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on Sunday, in a deal that would represent the technology giant’s biggest acquisition ever. The deal, being funded...
by Jennifer George | July 15, 2024 | Cryptocurrencies, Currencies, News, Trending Now
Former US President Donald J. Trump’s attempted assassination on July 14, 2024, pushed Bitcoin to hit a two-week high on Monday. After Trump’s shooting in Pennsylvania, Bitcoin rose 8.6% to $62,508, touching a two-week high of $62,698 earlier in the...