High demand and a competitive moat could position AI chipmakers for lasting outperformance, experts say.
Schlagwort-Archiv: Markets
Procter & Gamble sales disappoint as price hikes slow down
The Tide owner’s quarterly volume was flat for the second consecutive quarter.
Netflix blows past earnings estimates as subscribers jump 16%
Netflix said its subscribers grew 16% to 269.6 million, but said it would no longer regularly report the metric starting next year.
Global police agencies take down massive scam website that defrauded thousands of victims
Britain’s Metropolitan Police said in a statement Thursday that the LabHost website was used by 2,000 criminals to steal users‘ personal details.
TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
TSMC is the world’s largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.
Wall Street pushes out rate-cut expectations, sees risk they don’t start until March 2025
Experts now see the Fed waiting until at least September and are increasingly entertaining the possibility of no cuts at all this year.
Alaska Airlines 2024 forecast tops estimates after loss from Boeing Max grounding
Alaska Airlines said Boeing paid it $162 million so far in compensation for the 737 Max grounding.
World’s largest sovereign wealth fund posts $110 billion in first-quarter profit as tech stocks surge
Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($110 billion).
TSMC beats first-quarter revenue and profit expectations on strong AI chip demand
TSMC is the world’s largest producer of advanced processors and counts companies such as Nvidia and Apple as its clients.
Abbott Labs‘ surprise guidance bump is a major positive for its shareholders
We also love that EPS results on Tuesday came in above the range management had forecasted.