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.
Oil jumped on intensifying concerns about conflict in the Middle East, with Brent rallying above $89 a barrel in a sudden move higher.
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.
Israel was downgraded by S&P Global Ratings, which cited heightened geopolitical risks as it lowered the sovereign credit rating to A+ from AA- on Thursday.
Treasuries advanced with the dollar as concerns over an escalation in the Middle East conflict bolstered demand for safe-haven assets.
{{ video.ContentPackages[0].ScheduleStartDateTime | fromNow }}
{{ currentStream.Desc }}