TSMC first-quarter profit tops estimates, rising 60%, but Trump trade policy threatens growth
TSMC beat profit expectations for the first quarter, thanks to a continued surge in demand for AI chips.
CNBC (www.cnbc.com)
• Published 3 months ago
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ASML Warns on Tariff Uncertainty, Logs Weak Orders - WSJ
Orders for Dutch company’s semiconductor-making equipment come in below forecasts
The Wall Street Journal (www.wsj.com)
• Published 3 months ago
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Vehicle Supplies Are Dwindling as People Race to Buy Everything but Teslas
Tariffs have people concerned about the price of cars.
Gizmodo.com (gizmodo.com)
• Published 3 months ago
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Hertz shares surge more than 50% after Bill Ackman takes big stake in the rental car firm
Shares of Hertz surged 56% Wednesday after a regulatory filing revealed Pershing Square had built a 4.1% position as of the end of 2024.
CNBC (www.cnbc.com)
• Published 3 months ago
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Kia unveils the 2026 EV4, its first all-electric global sedan
Kia just pulled the cover off its all-new 2026 EV4 today, marking the automaker's first global all-electric sedan.
Electrek (electrek.co)
• Published 3 months ago
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BHP Operational Review for the nine months ended 31 March 2025
Bhp.com (www.bhp.com)
• Published 3 months ago
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Trump administration issues order to stop construction on New York offshore wind project
The Trump administration has issued an order to stop construction on a major offshore wind project to power more than 500,000 New York homes, the latest in a series of moves targeting the industry. Interior Secretary Doug Burgum on Wednesday directed the Bure…
Associated Press (apnews.com)
• Published 3 months ago
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Trump Tariffs: Gold hits fresh record high over trade war fears
It comes after the head of US central bank said Trump's tariff policies are likely to mean slower growth and higher prices.
BBC News (www.bbc.com)
• Published 3 months ago
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Nissan aims to 'max out' U.S. production plant amid Trump's tariffs
Nissan 6-million-square-foot facility in Smyrna, Tennessee, is capable of producing 640,000 vehicles a year on three shifts, Meunier said.
CNBC (www.cnbc.com)
• Published 3 months ago
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Trump administration removes Democratic members of credit union watchdog
The Trump administration has fired two Democratic board members from the National Credit Union Administration (NCUA), the officials said Wednesday. Todd Harper, one Democrat on the board, shared the news of his removal in a post on LinkedIn and said the firin…
The Hill (thehill.com)
• Published 3 months ago
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Zoom Sees Outage With 50,000 Users Reporting Availability Issues
Zoom Communications Inc. said it restored service after an earlier outage affected tens of thousands of users, hobbling a communication system that’s become an essential business tool since the pandemic era.
Bloomberg (www.bloomberg.com)
• Published 3 months ago
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Trump’s tariffs are ‘likely’ to push prices up, Fed chief warns, prompting market slide
The Fed chief warns higher inflation is likely, although officials routinely say their outlook depends on how Trump’s policies — on trade, immigration and more — shake out.
The Washington Post (www.washingtonpost.com)
• Published 3 months ago
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Nvidia Faces More Disruption From New China Export Curbs Than Expected, Morgan Stanley Says
Morgan Stanley analysts on Wednesday trimmed their revenue projections for Nvidia, citing concerns new chip export curbs to China are “more disruptive” than anticipated.
Investopedia (www.investopedia.com)
• Published 3 months ago
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Why China curbing rare earth exports is a huge blow to the US
As the trade war continues to escalate, China has hit back at Trump by suspending exports of rare earth minerals.
BBC News (www.bbc.com)
• Published 3 months ago
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United Airlines plane engine shoots out fire after hitting an animal on takeoff
Firey video after a United Air Lines plane hits an animal on take off
CNN (www.cnn.com)
• Published 3 months ago
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Zuckerberg tells court he made WhatsApp and Instagram better
During the FTC v. Meta antitrust trial, CEO Mark Zuckerberg challenged the idea that Facebook bought WhatsApp and Instagram to snuff them out.
The Verge (www.theverge.com)
• Published 3 months ago
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Retail sales jump as people rush to buy cars ahead of tariffs
The key driver of the economy saw the biggest increase in over two years in March, as car buyers tried to get ahead of President Trump's tariffs on imported autos and auto parts.
NPR (www.npr.org)
• Published 3 months ago
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Spotify 'back and functioning normally' after global outage
Downdetector, which tracks platforms, showed more than 20,000 people reported Spotify was not working on Wednesday.
BBC News (www.bbc.com)
• Published 3 months ago
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Why Gold Prices Surged to a Record High on Wednesday
Gold prices rose to another record high on Wednesday as stocks tumbled after AI chip giant Nvidia warned it would take a big hit from escalating tensions between the U.S. and China.
Investopedia (www.investopedia.com)
• Published 3 months ago
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Zoom is down
Zoom went down, preventing people from connecting to video calls, signing in, or even accessing the company’s website.
The Verge (www.theverge.com)
• Published 3 months ago
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