TSMC will report strong profits thanks to the rise of AI

TSMC will report strong profits thanks to the rise of AI

[ad_1] TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the dominant maker of advanced chips used in artificial intelligence applications, is expected to report a 42% rise in third-quarter profit on Thursday on rising demand. The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from the rise of AI across a broad … Read more

The US announces a new $425 million military aid package for Ukraine

The US announces a new 5 million military aid package for Ukraine

[ad_1] The US has announced a new $425 million military aid package for Ukraine, as President Joe Biden seeks to boost security assistance to Kiev before his term ends and may be succeeded by Donald Trump. The new package includes air defense capabilities, air-to-ground munitions, armored vehicles and other critical munitions, Biden told Ukrainian President … Read more

Coca-Cola Consolidated, Inc. reports third quarter and first nine months of 2024 results by Investing.com

Coca-Cola Consolidated, Inc. reports third quarter and first nine months of 2024 results by Investing.com

[ad_1] CHARLOTTE, NC, Oct. 16, 2024 (GLOBE NEWSWIRE) — Coca-Cola Consolidated, Inc. (NASDAQ: COKE) will issue a press release after the market closes on October 30, 2024 to announce operating results for the third quarter ended September 27, 2024 and the first nine months of fiscal 2024. CONTACTS: Brian K. Little (media)Vice President, Corporate Communications(980) … Read more

New policy buyout rules and intense competition are likely to impact HDFC Life’s performance in the second half

New policy buyout rules and intense competition are likely to impact HDFC Life’s performance in the second half

[ad_1] HDFC Life shares partially recovered on Wednesday, rising 1.9% after falling nearly 4% the day before following the insurer’s second-quarter results announcement. The stock reported weakness despite double-digit premium growth and improving market share. A major concern was the increasing pressure on the new production margin (VNB margin). The revised policy surrender norms by … Read more