Taiwan Semiconductor Manufacturing Co Ltd
These 2 stocks and an ETF will gain whoever wins the U.S. election, says fund manager
As the United States presidential election nears, there’s one key theme that’s expected to continue regardless of who wins: the reshoring of American manufacturing . Both the Republicans and Democrats have proposed policies that favor bolstering manufacturing in the country – through subsidies or tariffs. And investors are paying attention. Tema ETFs runs the actively […]
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China is doubling down on homegrown tech. Goldman Sachs shares its chip plays
One of the few tangible takeaways from China’s big policy meeting last week is that Beijing is intent on building up domestic tech. From an investment perspective, Goldman Sachs analysts on July 15 pointed out there are notable catalysts for certain semiconductor and artificial intelligence China stock plays from August to December. Those include new […]
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CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Nvidia rebounds after TSMC says AI chip demand remains strong
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. […]
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Stocks making the biggest moves midday: D.R. Horton, Domino’s Pizza, Infosys and more
Check out the companies making headlines in midday trading. D.R. Horton – Shares surged more than 12% after the company’s fiscal third-quarter results topped Wall Street expectations. The homebuilder posted earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on revenue of $9.61 billion. The […]
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Stocks making the biggest moves premarket: Domino’s, Warner Bros. Discovery, United Airlines and more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares plunged more than 13% on the company’s mixed second-quarter results. Domino’s posted $4.03 earnings per share, topping an LSEG estimate of $3.68 per share. However, revenue came in line with estimates at $1.1 billion. U.S. comparable store sales also grew slightly less […]
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Asia chip stocks tumble amid news the U.S. may consider trade curbs
The moves from the U.S. came after Bloomberg on Wednesday reported that the Biden administration is thinking about clamping down on firms exporting their critical chipmaking equipment to China. Wong Yu Liang | Moment | Getty Images Chip stocks in Asia tumbled on Thursday following a tech selloff on Wall Street amid reports the U.S. […]
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TSMC second-quarter profit beats expectations as AI chip boom continues
TSMC offices in San Jose, California, US, on Thursday, April 18, 2024. David Paul Morris | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday beat revenue and profit expectations in the second quarter, as demand for advanced chips used in AI applications continue to surge. Here are TSMC’s second-quarter results versus LSEG consensus […]
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CNBC Daily Open: Rising geopolitical risk
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Stocks making the biggest moves midday: Nvidia, Johnson & Johnson, Sweetgreen, GitLab and more
Check out the companies making headlines in midday trading. Chip stocks — Several large chip stocks fell after Bloomberg News reported that said the Biden Administration is considering clamping down on companies that are exporting their chipmaking equipment to China. Nvidia fell 6%, while ASML slid 11%. AMD slipped 8%. Taiwan Semiconductor Manufacturing Company tumbled […]
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