TSMC shares fall sharply amid Nasdaq plunge, despite strong earnings
TAIPEI (Reuters) -Taipei-listed shares of TSMC ended 3.5% lower on Friday, dragged down by continuing geopolitical concerns and overnight losses on U.S. markets, despite the
China lithium rebounds on Chile earthquake, but demand concerns persist
BEIJING (Reuters) – China’s lithium prices rebounded on Friday after a powerful earthquake hit Chile’s major lithium producing region, although growing demand concerns weighed on
Tesla halted some production lines due to global IT outage, Business Insider reports
(Reuters) -Tesla halted some production lines due to the global IT outage, Business Insider reported on Friday, citing sources familiar with the matter. The automaker
Apple backs $50 million fund to support Bay Area affordable housing
(Reuters) – Apple is partnering with the philanthropic arm of real estate firm Sobrato and two other California-based groups to launch a fund with an
Netflix’s efforts to grow ad tier in focus as subscriber growth slows
By Harshita Mary Varghese (Reuters) – Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown
Chip stocks tumble on fears of tighter US curbs on sales to China
(Reuters) – Shares of chipmakers fell more than 4% before the bell on Wednesday amid reports of possible tighter restrictions on supply of advanced technology
US banks see high deposit costs, investment banking boost
(Reuters) – U.S. lenders’ second-quarter profits were squeezed by dampening loan demand and the high interest they paid to hold on to deposits, but a
Trump gunman shot from roof that wasn’t secured by any agency
(Fixes typo in paragraph 15) By Andrew Hay, Ted Hesson, Jonathan Landay (Reuters) -The gunman who tried to assassinate Donald Trump fired from a rooftop
US steelmakers brace for tepid quarterly profit, further price declines
By Aatreyee Dasgupta (Reuters) – Top U.S. steelmakers are expected to post a decline in second-quarter earnings and could face additional pressure from a further
Microsoft’s hiring of former Inflection AI staff prompts UK probe
By Yadarisa Shabong and Martin Coulter (Reuters) – Britain’s competition regulator has started a formal investigation into Microsoft’s hiring of some former staff of Inflection