Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) confirmed that artificial intelligence is far from being a bubble as it reported strong third-quarter earnings and raised its revenue outlook for the full year. The company continues to leverage its dominant position in global chip production, maintaining resilience even as peers like…

BTIG analyst Vincent Caintic sees Affirm Holdings Inc (NASDAQ: AFRM) as one of the best-positioned names to capitalize on continued demand for buy now, pay later (BNPL) services that are particularly sitting well with Gen Z. Shares of the financial technology company have already rallied some 90% over the past…

China’s economy grew 4.6% year-on-year in the third quarter, slightly exceeding the 4.5% forecasted by economists polled by Reuters. However, the growth was marginally lower than the 4.7% increase recorded in the second quarter, reflecting ongoing challenges in the world’s second-largest economy. On a quarter-to-quarter basis, China’s GDP expanded by…

Japan’s core inflation rate slowed in September, marking the first decline in five months, driven by government utility subsidies aimed at alleviating price pressures. According to data released by the Ministry of Internal Affairs on Friday, consumer prices excluding fresh food rose 2.4% year-on-year, down from 2.8% in August. The…

In a significant boost to its subscriber base, Netflix (NFLX.O) welcomed 5.1 million new streaming subscribers during the third quarter, surpassing Wall Street’s expectations by over a million. The company anticipates even greater customer growth as the holiday season approaches, particularly with the much-anticipated return of the Korean drama “Squid…

In an unexpected twist for homebuyers, Walmart (WMT) is stepping into the tiny house market, providing affordable living options just as Amazon previously ventured into this space with trendy pop-up homes. The retail giant is offering an “expandable prefab house” from Chery Industrial, priced at an attractive $15,900 for the…

Japan’s currency officials have issued a warning as the yen has dropped beyond the critical threshold of 150 per dollar, signaling the risk of additional declines despite potential intervention measures. Following the remarks of Atsushi Mimura, the country’s top currency official, the yen managed a slight recovery, climbing 0.2% to…

China’s central bank unveiled two new funding schemes on Friday, aiming to inject as much as 800 billion yuan ($112.38 billion) into its stock market. These initiatives, introduced by the People’s Bank of China (PBOC), are designed to promote the “steady development” of the nation’s capital markets. Boosting market stability…

As earnings season approaches, all eyes are on tech giants Alphabet and Microsoft, with the two set to report their financial results in the coming days. Alphabet, the parent company of Google, will release its earnings on October 29, followed by Microsoft on October 30. Despite both companies posting gains…