TSMC expected to post sixth straight record quarterly profit on AI demand
TSMC will likely report a sixth consecutive quarter of record earnings on Thursday, according to Reuters. Analysts expect a 65%…
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Barclays sees possible Tesla-SpaceX merger announcement before December
Barclays suggests Tesla and SpaceX could announce a merger before December, according to Bloomberg. Musk has not ruled out a…
Dell Plunges 11% as Barclays Downgrade Sparks Data Center Sell-Off
Dell shares plunged 11% after Barclays downgraded the stock on concerns about enterprise AI timing. The sell-off dragged down other…
Netflix cuts about 1,000 jobs as viewership growth slows and free rivals gain
Netflix cut about 1,000 employees, roughly 6% of its staff, as its shares sit 42% lower over 12 months. Slower…
SEC Clears Cboe Binary Options on Corporate KPIs, with Robinhood Set to Offer Them
The US Securities and Exchange Commission has approved Cboe's proposal to list binary options tied to corporate performance indicators. Robinhood…
