Editor’s Picks
TSMC Beats Q3 Estimates on Back of AI Chip Demand
Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor manufacturing, demonstrated remarkable resilience in the third quarter (Q3), as demand for artificial intelligence (AI)...
Philips Sleep Apnea Devices Face FDA Testing Demand
In a significant development, Royal Philips NV, a prominent Dutch medical equipment manufacturer, has encountered a fresh setback as the US Food and Drug Administration...
Tesla Slashes Model 3 and Model Y Prices to Boost Demand
In a strategic move following disappointing third-quarter delivery figures, Tesla has announced substantial price reductions on its popular Model 3 sedan and Model Y SUVs....
Market Update: Wall Street Surges on Strong Jobs Report
Wall Street staged an impressive comeback on Friday, recovering from earlier losses after an unexpectedly robust US jobs report elevated expectations of an impending interest...
Hollywood Strikes Cost 45,000 Jobs, Impact US Economy
The US economy saw a remarkable surge in job additions for September, with a staggering 336,000 new positions created. This figure nearly doubled the anticipated...
GlaxoSmithKline Raises £886 Million from Haleon Plc Share Sale
British pharmaceutical giant GlaxoSmithKline Plc (GSK) has successfully garnered £886 million ($1.1 billion) from its latest share sale in Haleon Plc, the consumer-health entity it...
Jobs Report Boosts Market in Rebound
The stock market experienced a rebound on Friday, recuperating from losses sustained in a single trading session, following the release of a robust US jobs...
Wells Fargo Prioritizes Household Finances Over Excess Savings
Wells Fargo economists, spearheaded by Tim Quinlan, have made a significant departure from traditional economic analysis by reevaluating the concept of consumer savings in terms...
Bond Market Plunge: Rates Surge Amid Selloff
The bond market experienced a rapid selloff as US businesses significantly expanded payrolls last month, surpassing expectations and propelling 10- and 30-year Treasury yields to...
US Adds 336K Jobs in September, Doubles Projections
In an unexpected surge, the US economy added 336,000 jobs in September, nearly doubling the projections made by economists surveyed by Bloomberg. This remarkable uptick...
