TSMC Posts First Profit Growth in a Year After Global AI Boom
Taiwan Semiconductor Manufacturing Co. scaled back its outlook for a chip market expansion, cautioning that the smartphone and personal-computing markets remain weak.
Taiwan Semiconductor Manufacturing Co. scaled back its outlook for a chip market expansion, cautioning that the smartphone and personal-computing markets remain weak.
US equity futures fell in early Asian trading as risk sentiment turned, weighing on the region’s equities. Oil prices resumed a selloff and investors retreated to the dollar.
Gold surged past $2,400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand.
Apollo Global Management Inc. and Sony Group Corp. are considering a joint offer for Paramount Global, sparking a jump in shares of the film and TV giant as investors weigh the potential for a bidding war with technology mogul David Ellison.
Iran is prepared to de-escalate tensions with Israel provided that it agrees to stop further military moves against Tehran’s interests, Foreign Minister Hossein Amirabdollahian said at the United Nations.
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