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Latest financial news and analysis from global markets
AMZN
Strong ASML, TSMC forecasts signal AI spending boom is intact
By Zaheer Kachwala and Deborah Mary Sophia April 16 (Reuters) - Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race
MSFT
Strong ASML, TSMC forecasts signal AI spending boom is intact
By Zaheer Kachwala and Deborah Mary Sophia April 16 (Reuters) - Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race
NVDA
Strong ASML, TSMC forecasts signal AI spending boom is intact
By Zaheer Kachwala and Deborah Mary Sophia April 16 (Reuters) - Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race
AMD
Strong ASML, TSMC forecasts signal AI spending boom is intact
By Zaheer Kachwala and Deborah Mary Sophia April 16 (Reuters) - Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race
AVGO
Strong ASML, TSMC forecasts signal AI spending boom is intact
By Zaheer Kachwala and Deborah Mary Sophia April 16 (Reuters) - Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race
BTCUSDT
Sygnum Bank Explains Bitcoin’s Institutional Maturity as Wall Street Turns It Into Portfolio Plumbing
Sygnum Bank CIO says daily Bitcoin ETF flows obscure a structural shift as Wall Street builds portfolio infrastructure around BTC.
PEP
PepsiCo's sales jump after it cuts prices
PepsiCo said Thursday that lower prices and new products boosted demand in the first quarter. Revenue jumped 8.5% to $19.44 billion in the January-March period compared to the same period a year ago, the Purchase, New York, company said Wednesday. PepsiCo has been cutting prices on Lay’s, Doritos, Cheetos and Tostitos chips this year to win back customers exasperated by years of price hikes.
PEP
PepsiCo says lower prices and new products boosted demand in the first quarter
PepsiCo says lower prices and new products boosted demand in the first quarter.
NVDA
TSMC lifts revenue forecast, pledges spending to meet AI chip demand
<body><p>STORY: TSMC raised its annual revenue forecast on Thursday (April 16).</p><p>The tech giant further said it's stepping up capital spending this year.</p><p>That as the world's biggest contract manufacturer of advanced AI chips tries to meet massive demand for its products.</p><p>The bullish outlook comes after the company - which is a major Nvidia supplier - said first-quarter profit leapt 58% to a record $18.2 billion.</p><p>That was well ahead of expectations and marked its eighth straight quarter of double-digit growth.</p><p>CEO C.C. Wei said TSMC was being prudent in planning due to uncertainty caused by the Middle East conflict.</p><p>He also said AI-related demand was still "extremely robust".</p><p>His remarks were likely to ease investor worries about the impact of the war.</p><p>He added full-year revenue in U.S. dollar terms would grow more than 30% - that's up from a previous forecast of close to 30%.</p><p>While capital expenditure would be at the high end of its earlier guidance of $52 billion to $56 billion.</p><p>Looking ahead, TSMC forecast sales between $39 billion and just over $40 billion for the current quarter.</p><p>That's well up from the same period last year and a jump from close to $36 billion in the first quarter.</p><p>The huge demand for high-performance chips needed for AI has driven Asia's most valuable company to new heights.</p><p>TSMC's shares have gained more than a third so far this year.</p></body>
BAC
BAC Q1 Deep Dive: Broad-Based Growth and Operating Leverage Drive Results
Financial services giant Bank of America (NYSE:BAC) reported Q1 CY2026 results exceeding the market’s revenue expectations, with sales up 7.2% year on year to $30.4 billion. Its non-GAAP profit of $1.11 per share was 8.9% above analysts’ consensus estimates.
BTCUSDT
If You’d Invested $1,000 in Bitcoin 5 Years Ago, Should You Cash Out or Keep Holding?
Bitcoin (CRYPTO: BTC) is trading above $74,000 after a bearish first quarter that saw it lose 23% of its value. Buying BTC in 2026 is a different game from buying in 2021, when the coin was far cheaper and most of the recent growth was still ahead. If you invested $1,000 in Bitcoin in January ... If You’d Invested $1,000 in Bitcoin 5 Years Ago, Should You Cash Out or Keep Holding?
INTC
If You Buy Dutch Bros Stock Today, Here's Where It Could Be in 5 Years
It's rapidly expanding, and customers are loving it.