Tag: NYSE:AA
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TSMC Revenue Rises 13% in Q1, Alcoa Exceeds EBITDA Expectations Despite Loss, and More Earnings News
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) – TSMC recorded a 9% higher net profit in the first quarter, reaching $6.98 billion, surpassing market expectations. Benefiting from the growing demand for semiconductors for artificial intelligence, the company had a revenue of $18.87 billion, an increase of 13% compared to the previous year. Shares are down -2.11% in…
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US Index Futures See Gains, Oil Prices Dip
U.S. index futures displayed positive performance in pre-market trading on Wednesday, with S&P 500 aiming to halt a downward trend that persisted over the last three consecutive days. As of 6:23 AM, Dow Jones futures (DOWI:DJI) were up 146 points, or 0.39%. S&P 500 futures rose 0.36%, and Nasdaq-100 futures increased by 0.22%. The yield…
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Broadcom in Talks to Sell Computing Unit, Alcoa Acquires Alumina for $2.2 Billion, and Latest News
Broadcom (NASDAQ:AVGO) – Broadcom is nearing a $3.8 billion deal with KKR & Company (NYSE:KKR) to sell its end-user computing unit. The CEO is looking to streamline the portfolio after acquiring VMware. The deal could be announced on Monday, with KKR leading the auction. Alcoa (NYSE:AA) – Alcoa has made a $2.2 billion proposal to…
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Wall Street Highlights: Tesla Cuts Prices in Germany, Interactive Brokers Increases Revenue by 17%, and More
In Wednesday’s pre-market, U.S. index futures extended the downward trend seen in the previous session. As of 6:02 AM, Dow Jones futures (DOWI:DJI) fell 164 points, or 0.44%. S&P 500 futures fell 0.48% and Nasdaq-100 futures retreated 0.58%. The yield on 10-year Treasury bonds was at 4.062%. In the commodities market, West Texas Intermediate crude…
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Google $700M Antitrust Settlement, TSMC Chairman Retirement, Tesla Nevada Wage Hike, and More
U.S. index futures maintain stability in Tuesday’s pre-market, on a day with few scheduled economic events. As of 05:28 AM, the futures of the Dow Jones (DOWI:DJI) rose 17 points, or 0.05%. The futures of the S&P 500 rose 0.06% and the futures of the Nasdaq-100 rose 0.03%. The yield rate of 10-year Treasury bonds…
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Thursday’s Wall Street Highlights: PPI, Disney, Robinhood, Unity Software, Shell and more
US Index Futures were mixed with investors saying the Federal Reserve is likely to halt interest rate hikes due to inflation data cooling, as investors look further into economic data, the Producer Price Index and Initial jobless claims. By 8:40 AM, Dow Jones futures were down 110 points, or 0.33%. S&P 500 futures were down 0.05%,…