TSMC has reported its sixth straight quarter of record profits, surging 69% to NT$763.1 billion as relentless demand for artificial intelligence hardware drives massive revenue growth.
AI pioneer Anthropic is aggressively courting Wall Street investors ahead of a high-stakes public market debut, showcasing explosive revenue growth and corporate governance adjustments.
Consumer price inflation in the United States accelerated sharply in September, matching the largest monthly jump since April. Driven primarily by a substantial spike in energy prices and gasoline costs, the latest Bureau of Labor Statistics report showed headline inflation climbing to 3.7% annually, catching financial markets off guard and dampening expectations for near-term interest rate cuts.
Early equity trading on Wall Street saw sharp divergences as investors weighed third-quarter corporate earnings against fresh analyst ratings. BlackRock rallied after assets under management surged to a record $15.49 trillion, whereas Bank of America tumbled following a quarterly revenue miss and a $1.2 billion U.S.
Wall Street faced a split open as strong blue-chip earnings from UnitedHealth and major lenders lifted Dow futures, while sharp selloffs across memory chip makers like Micron pulled tech contracts lower ahead of crucial inflation data.
President Trump confirmed he is considering removing U.S. Ambassador to Greece Kimberly Guilfoyle amid mounting reports accusing her of seeking money for government access and accepting lavish gifts, allegations her legal team denies.
SpaceX has agreed to testify before the New York City Council on artificial intelligence safety risks, ending a subpoena standoff after lawmakers threatened to ask a state judge to enforce compliance.
The Wall Street semiconductor selloff spilled across international markets, dragging down heavyweights Micron, SoftBank, and ASML as investors reassess rich AI valuations and rising capital expenditure costs.
The encryption shielding connected pacemakers, insulin pumps, and hospital monitors will crumble once quantum computing matures. Because medical hardware cycles take decades to replace, the healthcare industry is running out of time to patch its fatal blind spot.
A historic political realignment is underway. As tech tycoons and Wall Street heavyweights break away from traditional donor allegiances, a relentless flood of private equity and tech capital has handed Republicans an unprecedented midterm cash edge.
Join global business leaders, investors and innovators reading AQ NEWSWIRE daily.
