Jefferies said Jio might debut with a valuation around $112 billion, potentially contributing a 7%-15% increase in the share price of Reliance Industries ...
Taiwan Semi stock hits record high in Taipei on AI boom
Taipei-listed shares of Taiwan Semiconductor Manufacturing Company (NYSE:TSM) scaled to a record high on Thursday, after the world's largest contract chipmaker reported strong second-quarter revenue, ...
Will Reliance launch IPO for Jio? Brokerage firm Jefferies answers
Jefferies, in a note, said that Jio could be listed with a valuation of $112 billion. This move might add a 7-15% upside to the share price of Reliance Industries.
Reliance Jio IPO: Listing likely in 2025 at $112 billion valuation, says Jefferies
Investors anticipate the impending Reliance Jio IPO as billionaire Mukesh Ambani remains tight-lipped. The recent telecom tariff hike is seen as a precursor to this long-awaited event. Jefferies, a ...
Reliance stock: Jefferies says Jio listing likely in 2025, shares RIL’s fair values in case of IPO, spinoff
As stock investors eye much-awaited value unlocking at Reliance Industries (RIL), foreign brokerage Jefferies said the decision to spin off or bring initial public offer (IPO) for the telecom arm ...
AI frenzy takes Taiwan’s TSMC to record peak, puts it in trillion dollar club
Taiwan's TSMC scaled a record high on Thursday after posting strong second-quarter revenue on booming demand for AI applications, cementing its position as Asia's most valuable company. TSMC also ...
Trailblazing Low Carbon Transition for Asia-Pacific Businesses: Cathay United Bank’s 2024 Q1 SLL Growth Exceeds 30% YoY
In response to climate change, Cathay United Bank has set net-zero targets to reduce environmental, social, and corporate governance risks, demonstrating its unwavering commitment to environmental ...
FirstFT: Taiwan to boost civil defence amid China threat
Also in today’s newsletter, Indonesia’s president-elect plans sharp rise in debt, and Hong Kong regulator clears PwC over whistleblower claims ...
Central bank to hold interest rates
Inflationary pressure in Taiwan has eased, but the central bank has no intention of cutting interest rates anytime soon, central bank Governor Yang Chin-long (楊金龍) said yesterday. Rather, the central ...
Why Taiwan Semiconductor Stock Popped on Wednesday
Shares of chipmaker Taiwan Semiconductor Manufacturing (NYSE: TSM) rose 2.3% through 10:45 a.m. ET on Wednesday. This morning in a filing with the Securities and Exchange Commission, TSMC reported ...
These Stocks Are Moving the Most Today: Apple, Tesla, Taiwan Semi, Super Micro, 3M, Carvana, LegalZoom, and More
Apple is the first company to close with a market value of $3.5 trillion or more, while Tesla stock heads for its 11th-straight session of gains.
Taiwan Semiconductor’s Q2 Revenue Rose 32% On Strong A.I. Demand
Taiwan Semiconductor Manufacturing Co. (TSM) has reported that its revenue rose 32% year-over-year in the second quarter due to strong demand for artificial intelligence (A.I.) microchips. Taiwan ...
Dow Jones Futures: Taiwan Semi Eyes $1 Trillion On Strong AI Demand; Tesla Run Continues
Dow Jones futures were little changed early Wednesday, while S&P 500 futures and Nasdaq futures rose slightly. Nvidia chipmaker Taiwan Semiconductor Manufacturing rose on strong sales amid the ongoing ...
Theratechnologies Reports Financial Results and Announces Positive Net Income for Second Quarter 2024
TSM stock rose on the news. TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, reported strong growth in second-quarter revenue on Wednesday that handily beat market forecasts, on the ...
Fed Chair Powell continues testimony as S&P 500 looks to build on record highs: Yahoo Finance
Executives, experts, and influencers join the Yahoo Finance team to discuss what's moving the world of finance.
Dow Jones Futures: Taiwan Semi Sales Jump On AI Demand After Tesla, Nvidia Keep Racing
Dow Jones futures were little changed early Wednesday, while S&P 500 futures and Nasdaq futures rose slightly. Nvidia chipmaker Taiwan Semiconductor Manufacturing rose on strong sales amid the ongoing ...