Taiwan chip firm TSMC posted on Thursday a 16.4% rise in quarterly profit to a record, thanks to robust global demand for semiconductors used in smartphones, laptops and other gadgets during the COVID-19 pandemic that drove a chip supply shortage.
Taiwan chip company TSMC posted a 16.4% rise in quarterly net profit on Thursday, Reuters calculations show, boosted by a semiconductor boom for smartphones and laptops during the COVID-19 pandemic that led to a supply shortage of chips.
Whether for the holidays, a birthday, or another special occasion, stocks are increasingly being seen by investors of all ages as great and thoughtful gifts. In this segment of Backstage Pass, recorded on Dec. 17, Fool contributors Rachel Warren, Jason Hall, and Toby Bordelon dis
With Amazon (NASDAQ: AMZN) set to close its acquisition of MGM Studios some time this year, how should investors respond to this latest of a long line of deals the tech/entertainment/e-commerce giant has made? In this segment of Backstage Pass, recorded on Dec. 17, Fool.com contr
Apple (NASDAQ: AAPL) released its annual roundup of its ever-expanding services business. The tech giant touted plenty of milestones for its services, from its App Store to Apple Books. While many of the numbers were mere points of interest, a few should stand out as important po
Microsoft Corp hired a key Apple Inc engineer to design its own chips for its servers, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
Apple Inc said on Wednesday it has removed from its App Store several knockoffs of Wordle, a website-only word game that has seen a recent surge in popularity thanks to celebrities like Jimmy Fallon.
4 Top Metaverse Stocks To Watch TodayWhile stocks continue to see-saw this week, investors may want to consider looking at metaverse stocks. Accordingly, this area of the stock market today is becoming an increasingly relevant one. Rightfully so as the global pandemic continues t
U.S. stock indexes rose on Wednesday after consumer prices data that largely met expectations eased some concerns about faster-than-expected interest rate hikes, with megacap technology stocks offering the biggest boost.
Earnings season is just about here. Some of the earlier companies to post results every quarter -- Bank of America and Netflix -- report their fourth-quarter results on Jan. 19 and 20, respectively. As investors brace for earnings season, one company worth putting on their calend
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI ACWI ETF (Symbol: ACWI) where we have detected an approximate $336.7 million dollar inflow -- that's a 1.9% increase week over week in
Today's video focuses on three tech giants, Meta Platforms (NASDAQ: FB), formerly known as Facebook, Microsoft (NASDAQ: MSFT), and Apple (NASDAQ: AAPL). I discuss a recent report about engineering talent switching companies as well as fundamentals and recent price action for each
With Meta Platforms' (NASDAQ: FB) stock down more than 12% since the beginning of September, investors in the Facebook parent company will be hoping it can surprise to the upside when it reports its fourth-quarter results in a few weeks. Shares of the social media specialist have
Stock Market Today Mid-Morning UpdatesOn Wednesday, the Dow Jones Industrial Average is up by 90 points. Today’s market moves came following a strong rebound on Tuesday. Investors are finding temporary relief in assurances from the Federal Reserve Chair Jerome Powell that t
U.S. stock indexes rose on Wednesday after consumer prices data that largely met expectations eased some concerns about faster-than-expected interest rate hikes, with big technology stocks offering the biggest boost.
U.S. stock index futures rose on Wednesday after largely in-line consumer prices data eased some concerns about faster-than-expected interest rate hikes, with big technology stocks leading the gains after a bruising selloff at the start of the year.
Apple (NASDAQ: AAPL) has turned out to be a hugely successful bet for Warren Buffett over the years as Berkshire Hathaway's investment in the iPhone maker has jumped significantly.
One number that may be even more important than revenue or profit is a business's free cash flow (FCF). That metric measures the operating cash flow that's left after a company covers its operating and capital expenses. If it's positive, that's an excellent sign that the business
U.S. stock index futures edged higher on Wednesday, with investors bracing for consumer prices data that is expected to show an almost four-decade high in December, while big technology stocks bounced after a bruising selloff at the start of the year.