TSMC Reports Highest Quarterly Profit, Records Record Income and Capital Expenses

[ad_1] By Yimou Lee, Ben Blanchard TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC) posted its best quarterly profit and raised its income and capital expense estimates to record levels as it predicted “several years of growth opportunities.” FILE PHOTO: A logo of Taiwan Semiconductor Manufacturing Co (TSMC) is seen at its headquarters in … Read more

BABA Stock EV News: 11 things to know about Alibaba electric car

[ad_1] Ali Baba (NYSE:BABA) deserves praise for its e-commerce business in China, but now it wants to earn praise as a participant in the electric vehicle market. In fact, Alibaba announced on Wednesday that it is taking steps to become a serious player in EV. How? ‘Or’ What? With a new partnership and a new … Read more

China wins trade war and exports have never been higher

[ad_1] The world’s second-largest economy closed 2020 with an overall trade surplus of $ 78 billion for December, according to official customs data released Thursday. China’s overall surplus for the year hit a record $ 535 billion, up 27% from 2019. Exports, meanwhile, hit a record high. “Amid all the rumors of decoupling and de-globalization, … Read more

Tesla (TSLA) exceeds stock market gains: what you need to know

[ad_1] In the last trading session, Tesla (TSLA) closed at $ 854.41, marking a movement of + 0.59% from the previous day. The stock topped the S&P 500 daily gain by 0.23%. Meanwhile, the Dow Jones lost 0.03% and the Nasdaq, a very technological index, added 0.43%. Coming in today, shares of the electric car … Read more

TSMC Fourth Quarter Profit Grows 23%, Beats Market Estimates – Nasdaq

[ad_1] TSMC Fourth Quarter Profit Grows 23%, Beats Market EstimatesNasdaq TSMC Fourth Quarter Profit Rises 23% to All-Time High on Work from Home and iPhone BoostReuters TSMC to spend up to $ 28 billion in 2021 to protect tech leaderYahoo finance As Chip Rivals struggles, TSMC launches into killing spreeBloomberg Here’s how the iPhone 13 … Read more

Dollar holds gains as expectations for Biden’s stimulus rise

[ad_1] LONDON (Reuters) – The dollar held up above three-year lows against key peers on Thursday as expectations of President-elect Joe Biden’s fiscal stimulus pushed up government bond yields Americans on the rise. FILE PHOTO: A US dollar bank note is seen in this illustration taken May 26, 2020. REUTERS / Dado Ruvic / Illustration … Read more

Is a new rally brewing as Bitcoin recovers $ 38,000 and stablecoin exchanges?

[ad_1] The price of Bitcoin (BTC) extended its rally on January 14, recovering the $ 38,000 level. Additionally, the weekly candle has now turned green for the fifth week in a row despite falling 28% earlier this week. BTC / USD (Bitstamp) weekly candle chart. Source: Tradingview Meanwhile, stablecoin deposits are pouring into cryptocurrency exchanges, … Read more