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Morning Bid: China's AI neophyte rocks Wall St ahead of Fed, mega-tech earnings
GLOBAL-MARKETS-VIEW-ASIA:Morning Bid: China's AI neophyte rocks Wall St ahead of Fed, mega-tech earnings
U.S. Chip Stocks Rally as TSMC's Ai-backed Outlook Impresses Investors
U.S. chip stocks rose before the bell on Thursday after industry bellwether TSMC's strong sales forecast fanned investor optimism about demand for processors used to power artificial intelligence applications.
TSMC Set to Report Strong Profit Driven by AI Boom
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 42% leap in third-quarter profit on Thursday thanks to soaring demand.
Aussie jumps on jobs surprise, dollar holds steady
GLOBAL-FOREX:Aussie jumps on jobs surprise, dollar holds steady
'Trump trade' lifts dollar, Asia stocks await China news
GLOBAL-MARKETS:'Trump trade' lifts dollar, Asia stocks await China news
Emirates Orders More Boeing 777f Freighters, Sources Say
EMIRATES-BOEING-FREIGHTERS:Emirates orders more Boeing 777F freighters, sources say
US FDA pauses Novavax's trial of combo COVID-flu shot on safety concerns
NOVAVAX-VACCINE-FDA:US FDA pauses Novavax's trial of combo COVID-flu shot on safety concerns
Airbus, Boeing aircraft delivery delays not improving, IATA head says
AIRLINES-IATA:Airbus, Boeing aircraft delivery delays not improving, IATA head says
Abbott Bumps Up Profit Forecast on Strong Medical Device Sales
Abbott Laboratories slightly lifted its annual profit forecast on Wednesday, after beating Wall Street estimates for quarterly earnings on strong demand for its glucose-monitoring products and other medical devices.
General Motors to Contribute $625 Million to New JV with Lithium Americas
Canadian miner Lithium Americas said on Wednesday General Motors will contribute $625 million to their new joint venture for developing the Thacker Pass project in Nevada.
ASML Draws Investor Scrutiny After Warning Shocks Global Chip Markets
Investors and analysts are looking sceptically at computer chip equipment maker ASML, they said on Wednesday, after the company cut 2025 financial guidance, citing weakness in markets other than AI and delayed orders.
UnitedHealth's Medical Costs Jump in Third Quarter, Shares Drop
UNITEDHEALTH-RESULTS:UnitedHealth's medical costs jump in third quarter, shares drop
Factbox-What to Expect in 2024: Forecasts for GDP, Inflation and Other Assets
GLOBAL-ECONOMY-FORECAST:Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
India Signs Deal With US to Procure 31 MQ-9B Drones, Ministry Says
USA-INDIA-ARMS:India signs deal with US to procure 31 MQ-9B drones, ministry says
EV Chipmaker Wolfspeed Set to Receive $750 Million US Chips Grant
USA-CHIPS-WOLFSPEED:EV chipmaker Wolfspeed set to receive $750 million US chips grant
Musk Reacts to Ambani Lobbying, Calls Any India Move to Auction Satellite Spectrum 'unprecedented'
AMBANI-MUSK-BROADBAND:Musk reacts to Ambani lobbying, calls any India move to auction satellite spectrum 'unprecedented'
LG Energy Solution Signs Two Battery Supply Deals With Ford
LGENERGYSOLUTION-FORD-MOTOR:LG Energy Solution signs two battery supply deals with Ford
Ericsson Sees Signs of Demand Recovery After Q3 Beat, Shares Up
Sweden's Ericsson said on Tuesday the telecom equipment market is showing signs of improvement after reporting third-quarter core earnings and sales above expectations, helped by a rebound in demand for 5G gear in North America.
Investor Optimism Sees Biggest Jump Since June 2020, Survey Shows
Global investor optimism posted its biggest jump since June 2020 in October due to Federal Reserve rate cuts, stimulus pledges from China and expectations of a soft landing for the U.S. economy, a BofA survey of fund mangers published on Tuesday showed.
Morning Bid: Nvidia Makes New Push for Apple's Mantle
GLOBAL-MARKETS-VIEW-EUROPE:Morning Bid: Nvidia makes new push for Apple's mantle
Analysis-7-Eeven's Turnaround Plan Requires Heavy Lifting to Stop Couche-Tard's $47 Billion Takeover
SEVEN-I-HLDGS-M-A-STRATEGY:Analysis-7-Eleven's turnaround plan requires heavy lifting to stop Couche-Tard's $47 billion takeover