January 17, 2025

Taiwan Semiconductor Stock Shakes off Trade Tensions After Huge Q4 Profit Growth

taiwan semiconductor stock

The results closely follow proposals for new U.S. restrictions on exports of AI technology Taiwan Semiconductor (NYSE:TSM) stock leaped 5% higher in early morning trading Thursday following the Taiwanese chipmaker’s Q4 FY2024 earnings report, which indicated rapid growth. Strong demand for artificial intelligence (AI) semiconductors helped lift Taiwan Semiconductor’s net profit 57% year over year to the… Continue reading Taiwan Semiconductor Stock Shakes off Trade Tensions After Huge Q4 Profit Growth

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January 16, 2025

Goldman Sachs Doubles its Earnings in Q4 as Stock Rises 6%

coronavirus crisis Goldman Sachs CEO David Solomon

The gains were fueled by rising investment banking fees. Goldman Sachs (NYSE:GS) reported strong fourth quarter earnings on Wednesday, fueled by a significant increase in investment banking revenue. The leading investment bank and asset manager generated $13.9 billion in revenue in the fourth quarter, a 9% gain. The revenue total… Continue reading Goldman Sachs Doubles its Earnings in Q4 as Stock Rises 6%

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January 16, 2025

JPMorgan Chase Crushes Estimates, Earnings Rise 58% in Q4

JPMorgan Chase delivered huge Q4 results Wednesday, with earnings rising 58%. It easily beat estimates as the stock rose 2% on the day.

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January 16, 2025

Inflation Rises to 2.9% in December, But Core CPI Ticks Lower

Inflation Rate

The CPI inflation rate rose for the third straight month in December, increasing to 2.9%. However, the core CPI rate moved down to 3.2%

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January 16, 2025

BlackRock Stock Rises as CEO Touts Record Inflows

blackrock stock

The company has enjoyed two consecutive quarters of record net capital inflows BlackRock (NYSE:BLK) stock rose 3.5% and approached $1,000 early Wednesday morning after the financial giant topped Wall Street’s Q4 2024 adjusted earnings forecast. The world’s largest asset manager generated $5.677 billion in revenue during 2024’s fourth quarter, beating… Continue reading BlackRock Stock Rises as CEO Touts Record Inflows

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