Taiwan Semiconductor Manufacturing Co Ltd

Hong Kong stocks briefly climb 2%;  China releases inflation data in line with expectations

Hong Kong stocks briefly climb 2%; China releases inflation data in line with expectations

Chipmaker TSMC says November net revenue jumped 50% from a year ago Hong Kong movers: Real estate and tech stocks rise as optimism reopens CNBC Pro: Wall Street says a recession is coming. An investment pro names her favorite stocks to resist Wall Street pros are increasingly sounding the alarm about an impending recession. As …

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Jim Cramer's top 10 things to watch in the market on Wednesday: China's reopening fails to inspire

Jim Cramer’s top 10 things to watch in the market on Wednesday: China’s reopening fails to inspire

My top 10 things to watch for Wednesday, December 7, 2022. 1. Does the reopening of Covid in China mean anything? Are US stock futures and oil prices still falling? So it’s not in the playbook. I’ll talk this morning and later about CNBC’s “Halftime Report”. Big back-to-back losses on Monday and Tuesday for the …

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US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

US curbs on powerful chip exports to China hurt now, but should prove bullish in the long run

It’s understandable why the United States felt the need to act quickly to keep powerful semiconductors out of the hands of the Chinese government. It’s best to move from a position of strength before it’s too late. However, as chip stock shareholders, it still hurts. As you may recall, Club holding Nvidia (NVDA) was particularly …

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Hong Kong stocks gain more than 5% as Asian markets rise after US inflation report

Hong Kong stocks gain more than 5% as Asian markets rise after US inflation report

Earnings preview: Softbank to post net profit after posting earlier losses Softbank is expected to post a net profit in upcoming quarterly results. A median forecast predicts the Japanese conglomerate will post annualized net profit of 2.769 billion yen ($19.5 billion) for its second quarter ending September 30, according to a Refinitiv survey. The company …

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