Responsive image

Taiwan Semiconductor’s Germany Chip Plant Moves Forward with Full Support from Taiwan

Taiwan strongly backs Taiwan Semiconductor Manufacturing Co.’s (NYSE:TSM) first European chip plant, former president Tsai Ing-wen said on Tuesday during a visit to the fab site in Dresden, Germany. Tsai said Taiwan believes in the Dresden project as deeply as it believes in Taiwan Semiconductor itself after European Semiconductor Manufacturing Co. president Christian Koitzsch welcomed […]
Responsive image

Top 3 Consumer Stocks Which Are Preparing to Pump in November

The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a […]
Responsive image

Robinhood Beats Earnings Expectations — Yet HOOD Drops 10%

Robinhood Markets Inc. (NASDAQ:HOOD) is down to $125 in premarket trading on Friday despite doubling revenue year-over-year and beating Wall Street’s third-quarter expectations. Strong Quarter Overshadowed By Leadership Uncertainty The company on Thursday reported $1.27 billion in revenue, beating analyst expectations of $1.19 billion. Meanwhile, net income surged to $556 million, or 61 cents per […]
Responsive image

Insulet, Uber and A Financial Stock on CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Joseph Terranova, senior managing director at Virtus Investment Partners, named Insulet Corporation (NASDAQ:PODD), a maker of wearable devices for insulin management, as his final trade. Lending support to his choice, Stifel analyst Jonathan Block, on Oct. 21, reinstated Insulet with a Buy and announced a $370 price target. Joshua […]
Responsive image

U.S. Stocks Face Two Short-Term Threats Amid Fed’s Cautious Approach, Warn Analysts

In a recent note, analysts at Morgan Stanley have highlighted two significant risks that could potentially impact the U.S. stock market in the near future. Analysts Flag Fed Caution, Tariff Risks The analysts pointed out that the Federal Reserve’s cautious approach to potential interest rate cuts and signs of strain in overnight funding markets are the primary risks facing […]
Responsive image

Coinbase CEO: Calls Payments The ‘Next Big Use Case’ For Crypto — Sees Potential for Stablecoins in This Space

Brian Armstrong, CEO of Coinbase Global Inc. (NASDAQ:COIN), expects payments to become the next significant use case for the cryptocurrency industry Coinbase A Key Player In Payments Market, Says Armstrong During Coinbase’s third-quarter earnings call, Armstrong was asked about the future of stablecoins and Coinbase’s role in the cross-border payments landscape. “I mean, payments are just […]
Responsive image

Meet The New Chip Maker Aiming To Outrun TSMC And ASML

Silicon Valley heavyweights, including Peter Thiel’s Founders Fund, General Catalyst, and Valor Equity Partners, have poured over $100 million into San Francisco chip startup Substrate. Their investment in the secretive U.S. startup founded in 2022 marks their ambitions to disrupt Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) and ASML Holding NV (NASDAQ:ASML) in advanced chipmaking. Founded by […]

    Newsletter