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TSMC Sees 58% Surge in December Sales Driven by AI Demand
Taiwan Semiconductor Manufacturing Company (TSMC) (NYSE:TSM) reported a significant 58% increase in sales for December, buoyed by strong demand from the rapidly expanding artificial...
U.S. Stock Futures Steady After Apple and Tesla Losses Weigh on Wall Street
U.S. stock index futures steadied on Thursday evening following a weak start to 2025, triggered by losses in Apple and Tesla, two of Wall...
Taiwan Stocks Close Lower; Taiwan Weighted Index Falls 0.88%
Taiwan's stock market closed lower on Friday, with losses in key sectors including Oil, Gas & Electricity, and Computers & Peripherals contributing to the...
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EURJPY Resumes Decline – Forecast for January 3, 2025
The EURJPY currency pair has successfully breached the support line of a minor bullish channel at 162.20,...
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Crude Oil Price Surpasses Initial Target, Eyes Further Gains
Crude oil prices have successfully reached the first target of $72.15, marking a significant milestone in the...
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Gold Prices Steady Amid Thin Year-End Trading; Strong Dollar Puts Pressure on Bullion
Gold prices were largely unchanged in Asian trading on Friday, marking a period of subdued market activity...
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Japan’s Stock Market Decline Signals ‘Fundamental Shift,’ Says Goldman Sachs Strategist
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Japan's stock markets plunged to an eight-month low on Friday, following a consecutive two-day decline triggered by the Bank of Japan's decision to raise...
AUD/CAD Continues Downward Trend: Forecast for August 1, 2024
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The AUD/CAD currency pair remains under bearish pressure, as evidenced by recent trading activity. The pair has consistently closed below the 0.9082 mark, indicating...
OPEC+ Likely to Maintain Output Policy Amid Oil Price Declines
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On Thursday, OPEC+ ministers are set to meet to review their oil production policy, with expectations leaning towards maintaining the current strategy. Despite recent...
Oil Rises on Risk of Broadening Middle East Conflict
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Oil prices saw an increase on Thursday, extending gains from the previous session due to heightened geopolitical tensions in the Middle East. The killing...
Bitcoin Price Falls to $63k as Fed Rate Cut Talk Sparks Stock Rally
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Bitcoin experienced a decline on Thursday, dropping to $63,599.5 earlier in the day before stabilizing around $64,256.2 by 02:01 ET, representing a 2.9% drop...
Volkswagen Shares Tumble as Cost-Cutting Extended
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Volkswagen (ETR) shares fell on Thursday following the announcement that its cost-cutting period will extend beyond the second half of 2024. The company is...
LSEG First-Half Income Rises 5.4%, Progress on Microsoft Joint Venture
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The London Stock Exchange Group (LSEG) reported a notable increase in its first-half income on Thursday, surpassing analysts' expectations. This growth was driven by...
Rolls-Royce Shares Hit Record High on Dividend Reinstatement and Upgraded Profit Outlook
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Rolls-Royce (LON) shares soared to a record high on Thursday after the company announced the reinstatement of its dividend and upgraded profit guidance for...
Shell Beats Forecasts with $6.3 Billion Q2 Profit
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Shell reported a second-quarter profit of $6.3 billion, marking a 19% decrease from the previous quarter. Despite weaker refining margins and oil and gas...
Just Eat Takeaway Reports Robust Profit Growth and Announces Share Buyback
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Just Eat Takeaway, Europe's largest food delivery service by revenue, reported a significant increase in its first-half core profit on Wednesday, driven by strong...
Microsoft Cloud Revenue Growth Misses Estimates in Q4 Despite Increased Investment
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Microsoft Corporation (NASDAQ: MSFT) saw its stock drop more than 5% in after-hours trading on Tuesday following a disappointing fourth-quarter earnings report. The tech...
Oil Prices Surge Over 1% on Reports of Hamas Leader’s Death
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Oil prices surged over 1% in Asian trading on Wednesday following reports that Ismail Haniyeh, a leader of the Palestinian militant group Hamas, was...