Tag: Bloomberg
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TSMC Raises Revenue Outlook in Show of Confidence in AI Boom
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. raised its target for 2024 revenue growth after quarterly results beat estimates, allaying concerns about global chip demand...
Chinese Stock Gains Fizzle as Briefing Lacks Major Stimulus
(Bloomberg) -- Chinese stocks gave back earlier gains as a much-anticipated joint ministry briefing on supporting the property market offered few new stimulus measures.Most...
Asian Stocks Rise, Chinese Shares Reverse Gains: Markets Wrap
(Bloomberg) -- Equities in Asia rose after Wall Street closed higher, helped along by a rotation out of megacap tech to small-cap companies. Chinese...
Netflix earnings preview: Investors eye potential price hikes as stock trades near all-time highs
Netflix (NFLX) is set to report its fiscal third quarter earnings on Thursday after market close — but the streamer will once again have...
US Bancorp’s lending income topped estimates in third quarter
(Bloomberg) — U.S. Bancorp (USB) raked in net interest income that topped analyst estimates as fixed-rate assets in its portfolio benefited from higher borrowing...