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You are here: Home / Archives for US Top News and Analysis

World’s largest chipmaker TSMC sees biggest drop in profit in nearly five years

October 19, 2023 by US Top News and Analysis

TSMC posted a third quarter profit of NT$211 billion – its largest profit decline since first quarter 2019 – as weak demand for consumer electronics persists.

Filed Under: Uncategorized

Nokia to cut up to 14,000 jobs after 69% profit plunge

October 19, 2023 by US Top News and Analysis

Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.

Filed Under: Uncategorized

Wind-powered cargo ships with sail-like ‘wings’ could reduce fuel use by 30%

October 19, 2023 by US Top News and Analysis

The Pyxis Ocean, a bulk carrier that looks like any other dry cargo vessel, but with a difference: it is fitted with two large, rigid sails known as WindWings.

Filed Under: Uncategorized

‘Deep and dangerous abyss’: UN envoy warns Middle East is on the brink

October 19, 2023 by US Top News and Analysis

The Israel-Hamas conflict is pushing the Middle East region onto the precipice of a “dangerous abyss,” said a United Nations official.

Filed Under: Uncategorized

He visited every country in the world — without flying. Here’s how much it cost

October 19, 2023 by US Top News and Analysis

Danish traveler Torbjorn Pedersen says he’s the first person to travel to every country around the world without flying, a feat which took him 10 years.

Filed Under: Uncategorized

Honda, GM, Cruise plan to begin Japan driverless ride service in early 2026

October 19, 2023 by US Top News and Analysis

The three companies aim to establish the joint venture in first half of 2024 pending regulatory approval, and begin driverless ride service in Japan in 2026.

Filed Under: Uncategorized

Hardball tactics by Jim Jordan allies are backfiring with detractors in House speaker’s race

October 19, 2023 by US Top News and Analysis

Several GOP lawmakers, and one member’s spouse, reported a barrage of calls and messages pushing them to back Jordan, R-Ohio, in his struggling candidacy.

Filed Under: Uncategorized

A rate cut will be bad news for stocks, JPMorgan warns — and outlines where to invest

October 19, 2023 by US Top News and Analysis

A JPMorgan Asset Management strategist believes the market’s expectations for an interest rate cut next year contradicts analysts forecast for earnings growth.

Filed Under: Uncategorized

ESG is ‘as crowded as ever,’ AllianceBernstein says, naming ‘high conviction’ stock ideas to play it

October 19, 2023 by US Top News and Analysis

The firm’s analysts gave one of those stocks upside of around 57%.

Filed Under: Uncategorized

Piper Sandler names its ‘highest conviction’ large-cap stock to own into the year-end

October 19, 2023 by US Top News and Analysis

The financial services company gave the stock roughly 20% potential upside from Monday’s close.

Filed Under: Uncategorized

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