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BBCNEWS World July 5, 2024

and collaring the "hound pound". why going dog—friendly could unleash a $50 billion market for the travel industry. hello, im sally bundock. lets get on with the business stories. we start here in the uk, where the ftse 100 index of leading shares had its worst day since last summer on concerns interest rates may have to stay higher for longer. thats after the rate of inflation unexpectedly went up in decemberfor the first time in almost a year, despite expectations of a fall. the co...
Bbc News Borrowing Costs Interest Rate Cuts Markets Push Just A Little Bit Rate Cut

Samsung says Q1 operating profits soar nearly tenfold on-year

Samsung Electronics said Tuesday that its first-quarter operating profits had risen nearly tenfold year-on-year -- a 931.8 percent increase -- amid recovering chip prices and growing demand. The firm is the flagship subsidiary of South Korean giant Samsung Group, by far the largest of...
South Korea South Korean Yonhap Infomax Brady Wang World Semiconductor Trade Statistics Samsung Group

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What's Going On With Apple Supplier Taiwan Semi Stock On Thursday? - Taiwan Semiconductor (NYSE:TSM)

TSMC exceeded Q1 expectations with strong demand from AI firms contributing to 65% of revenue. Apple and Nvidia are key customers. Q2 forecast is robust, driven by advanced technologies and expanded customer base. AI servers to double revenue within a year. TSMC reaffirms capital expenditure and predicts low-to-mid 20% revenue increase in 2024. Analysts view TSMC favorably. TSM stock gained 58% in the last 12 months. Investors can gain exposure through SMH and VWO ETFs. TSM shares closed lower a...
Brady Wang Wendell Huang Nvidia Corp Taiwan Semiconductor Manufacturing Co Vaneck Semiconductor Counterpoint Research

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