Daily Headlinez Top News Updates
Asian stock markets are trading on a mixed note on Friday, as upbeat earnings from Taiwan Semiconductor Manufacturing Company (TSMC) supported confidence in artificial intelligence-linked stocks, even while broader regional sentiment remained cautious.Taiwan was up 2.11% or 649 points to 31,459. In South Korea, Kospi was trading in green, with a gain of 30 points…
Wall Street steadied on Thursday as heavyweight technology stocks bounced back on the back of strong signals from the global chip industry, while a sharp drop in crude oil prices helped soothe broader market concerns, according to an AP report.The S&P 500 rose 0.6%, snapping a two-day losing streak that followed its recent record high….
Intel has said that it is shelving plans to spin off or sell a stake in its Networking and Edge Group (NEX) division. The chipmaker said that it is now best positioned to succeed as an internal unit. The decision marks a reversal of a strategy announced earlier this year. The company said it would…
