Asian stocks track Wall St losses amid doubts over early rate cuts
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- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
Taiwan Semi (TSM) will be 'back to strong growth in 2024' - JPMorgan
January 4, 2024 7:54 AM ESTJPMorgan released a note covering Taiwan Semi (NYSE: TSM) on Thursday, saying it will be back to strong growth in 2024, while the Intel competition concerns are overstated.
Analyst Gokul Hariharan, who has a Buy rating on the stock, raised the TSMC price... More
Apple's (AAPL) December App Store net revenue shows continuous strength - Citi
January 3, 2024 12:04 PM ESTApple (NASDAQ: AAPL) December App Store net revenue shows continuous strength, according to Citi analyst Atif Malik in a research note Wednesday.
Malik, who has a Buy rating and $230 price target on Apple shares, stated that Sensor Tower App Store net revenue for... More
