Morgan Stanley outlines ‘bull’ and ‘bear’ scenarios for Chinese economy
Investing.com– China’s economy shows resilience but faces potential challenges due to limited policy support and external headwinds, according to Morgan Stanley (NYSE:MS) analysts. While recent export and consumption figures provide reasons for optimism, underlying concerns over fiscal and housing
UK economy barely returned to growth in November; monthly GDP rose 0.1%
Investing.com – The UK economy returned to growth in November, after the contraction seen in the prior month, but economic activity in the fourth quarter remains subdued, piling the pressure on the Bank of England to ease monetary policy further
Taiwan Semiconductor earnings beat by $0.06, revenue topped estimates
Investing.com – Taiwan Semiconductor (NYSE: TSM) reported fourth quarter EPS of $2.24, $0.06 better than the analyst estimate of $2.18. Revenue for the quarter came in at $26.88B versus the consensus estimate of $26.33B. Taiwan Semiconductor’s stock price closed at $206.80.
TSMC Q4 profit leaps to record on strong demand for AI chips
TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co reported a 57% leap in fourth-quarter profit on Thursday as demand surges for advanced chips used in artificial intelligence processing. The world’s largest contract chipmaker, whose customers include Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA), posted