Taiwanese chip manufacturer TSMC said Thursday that net profit for January-March leaped to a fresh quarterly record, boosted by the race to develop artificial intelligence technology.TSMC is "supplying chips for artificial intelligence accelerators, next-generation smartphones, and the data centre build-out that is consuming capital at a pace that has surprised even its most bullish observers", Ly...
Taiwanese chip manufacturer TSMC said Thursday that net profit for January-March leaped to a fresh quarterly record, boosted by the race to develop artificial intelligence technology.TSMC is "supplying chips for artificial intelligence accelerators, next-generation smartphones, and the data centre build-out that is consuming capital at a pace that has surprised even its most bullish observers", Lyall said.
Creative Media & Community Trust ( CMCT) announced that its board of directors has approved a 1-for-10 reverse stock split of its common stock, scheduled to take effect at 12:01 a.m. ET on April 20, 2026. The move, effective as of the upcoming Monday morning, will consolidate every ten shares of issued and outstanding common stock into one share. The trading symbol for CMCT common stock on the Nas...
Creative Media & Community Trust ( CMCT) announced that its board of directors has approved a 1-for-10 reverse stock split of its common stock, scheduled to take effect at 12:01 a.m. ET on April 20, 2026. The move, effective as of the upcoming Monday morning, will consolidate every ten shares of issued and outstanding common stock into one share. The trading symbol for CMCT common stock on the Nasdaq Global Market will continue to be “CMCT. ” A new CUSIP number of 12564W219 will be effective after the reverse stock split. More on Creative Media & Community Trust Creative Media & Community Trust Corporation (CMCT) Q4 2025 Earnings Call Prepared Remarks Transcript Creative Media & Community Trust to execute 1-for-10 reverse stock split Cmct outlines $16M annual FFO improvement through preferred stock redemption and signals enhanced liquidity Financial information for Creative Media & Community Trust
Contemporary Amperex Technology Co. has once again overtaken oil giant PetroChina Co. in market value, as investors pile into the battery maker on war-driven optimism over green energy. CATL’s Shenzhen-listed shares climbed as much as 6.7% Thursday on better-than-expected quarterly profit and a plan to expand in critical minerals. Its Hong Kong stock jumped as much as 11%. That pushed its market c...
Contemporary Amperex Technology Co. has once again overtaken oil giant PetroChina Co. in market value, as investors pile into the battery maker on war-driven optimism over green energy. CATL’s Shenzhen-listed shares climbed as much as 6.7% Thursday on better-than-expected quarterly profit and a plan to expand in critical minerals. Its Hong Kong stock jumped as much as 11%. That pushed its market cap to a record high of 2.1 trillion yuan ($306 billion). The results provided a fresh tailwind for the stock, which had been climbing since the Middle East conflict broke out. CATL’s energy storage business has gained attention as investors seek exposure to companies seen as helping reduce dependence on fossil fuels. The strong numbers reported by CATL confirm the “storage boom” as well as the company’s advantage in controlling costs due to its business scale and efficiency, Bloomberg Intelligence analysts Joanna Chen and Jason Zhao wrote in a note. CATL now ranks as China’s third‑largest onshore stock, behind the nation’s two biggest state‑owned banks. After trading places several times toward the end of last year, PetroChina gained a big lead over CATL in market value as oil spiked on the start of the Iran war. China’s largest oil and gas producer has fallen back as crude pared gains on recent ceasefire talks, and after regulators signaled they would limit fuel price hikes to cushion the impact on consumers.
saifulasmee chede/iStock via Getty Images First Quarter Market Discussion Improving market breadth, which started to take shape at the end of last year, carried into the first quarter, with the Russell 2000® Index up 0.89% versus the S&P 500 Index which fell 4.33%. The outbreak of war in Iran, however, seems to have clouded the picture. Since the military action began at the end of February, the b...
saifulasmee chede/iStock via Getty Images First Quarter Market Discussion Improving market breadth, which started to take shape at the end of last year, carried into the first quarter, with the Russell 2000® Index up 0.89% versus the S&P 500 Index which fell 4.33%. The outbreak of war in Iran, however, seems to have clouded the picture. Since the military action began at the end of February, the broad market and small-cap companies have begun to slump. Yet history tells us not to overreact to short-term and unpredictable geopolitical developments. Time is better spent focusing on those factors that actually drive the markets in the long run. On that basis, there remains hope. For instance, the underlying economy now appears to be broadening as well, confirming what improved market breadth had been signaling. Heading into the year, there were concerns about the uneven nature of the recovery, with high-net-worth households thriving thanks in part to growing asset values, while working-class consumers have been struggling due to persistent inflationary pressures and affordability concerns. This divide has been referred to as the ‘K-shaped’ recovery. Anecdotally, however, some companies that serve households in the bottom part of the K have reported seeing signs of green shoots forming this year. At the very least, some of the stresses on this segment of the economy no longer appear to be worsening. Lower-income households should also see a lift with the impending arrival of tax rebate checks, which disproportionately benefit the working class, though rising prices at the pump since the start of the war may have a counteracting effect. Another sign of the broadening economy can be found in the health of the Industrials sector. For more than two years, the Institute for Supply Management’s Purchasing Managers’ Index (PMI) has been indicating contraction in factory activity. So far this year, though, the PMI for manufacturing has enjoyed back-to-back readings above 50, ma...
Dilok Klaisataporn/iStock via Getty Images The following segment was excerpted from the Heartland Value Plus Fund Q1 2026 Commentary Attribution Analysis & Portfolio Activity The Value Plus Fund gained 4.95% in the first quarter, compared with the 4.96% gain for the Russell 2000® Value Index. Stock selection was neutral in the quarter with positive selection in Information Technology, Consumer Dis...
Dilok Klaisataporn/iStock via Getty Images The following segment was excerpted from the Heartland Value Plus Fund Q1 2026 Commentary Attribution Analysis & Portfolio Activity The Value Plus Fund gained 4.95% in the first quarter, compared with the 4.96% gain for the Russell 2000® Value Index. Stock selection was neutral in the quarter with positive selection in Information Technology, Consumer Discretionary, and Health Care. By contrast, our selection effect was negative in Financials, Energy, and Real Estate. The first quarter was a challenging period for artificial intelligence stocks, many of which stumbled as risk aversion returned to the market amid fears of a possible AI bubble forming. But for small-cap tech stocks, the first quarter proved to be quite strong, in part because this group had already suffered setbacks last year and, for the most part, valuations never got out of hand. An example is Silicon Motion Technology Corporation ( SIMO ) . A year ago, shares of the leading maker of memory components used in PCs, smartphones, data centers, and industrial and auto applications sold off amid a variety of concerns. They included tariffs, consumer spending worries, and questions over whether investors might be overestimating the capex needs of large-scale cloud service providers known as hyperscalers. At the time, we remained committed to the stock because we believed the company was in the early days of a re-rating process, as SIMO had been making a push away from trailing-edge, lower-margin consumer electronics into higher-margin, leading-edge applications driven by hyperscaler demands. What a difference a year makes. In the first quarter, the stock was a contributor to our outperformance, as consumer spending has held up and hyperscalers continue to indicate robust datacenter capex growth. In their fourth-quarter conference call, management reiterated the firm’s outlook for their PC and smartphone end markets and the growth prospects for their data center ...
Wall Street veteran Ed Yardeni said investors are looking past the war in the Middle East and focusing on market fundamentals. While some fear the Iran conflict could trigger 1970s-style stagflation, Yardeni said the US economy has demonstrated its ability to weather multiple stress tests since the pandemic began, including supply chain disruptions, inflation and interest rate hikes. “History show...
Wall Street veteran Ed Yardeni said investors are looking past the war in the Middle East and focusing on market fundamentals. While some fear the Iran conflict could trigger 1970s-style stagflation, Yardeni said the US economy has demonstrated its ability to weather multiple stress tests since the pandemic began, including supply chain disruptions, inflation and interest rate hikes. “History shows that geopolitical crises turn out to be great buying opportunities,” Yardeni said in a Bloomberg TV interview. “That’s the situation we’re in right now where investors are looking past the war.” Read more: GLOBAL INSIGHT: The Promise - and Illusion - of an Iran-US Deal Despite recent geopolitical tensions, Yardeni expects US economic growth to rebound in the spring after weather-related slowdowns. He noted that bank profits remain strong and consumers are in good shape. “The resilience of the economy really speaks to the fact that our capital markets can absorb a lot of stress without really seeing much downside in economic activity,” Yardeni said. Yardeni ended his 15-year overweight call on the Magnificent Seven megacap technology stocks at the end of last year. He expects 10-year Treasury yields to trade between 4.25% and 4.75% this year, with the dollar likely to maintain current levels despite previous concerns about de-dollarization. This story was produced with the assistance of Bloomberg Automation.
COMPUTEX 2026, the world's leading exhibition for AI and startups, will be held from June 2 to 5 at the Taipei Nangang Exhibition Center (Halls 1 & 2) and Taipei World Trade Center (Hall 1). Today, the organizer TAITRA announced that the official registration for the highly anticipated COMPUTEX Keynotes is now live. This year's Keynote features an unprecedented lineup of industry titans, including...
COMPUTEX 2026, the world's leading exhibition for AI and startups, will be held from June 2 to 5 at the Taipei Nangang Exhibition Center (Halls 1 & 2) and Taipei World Trade Center (Hall 1). Today, the organizer TAITRA announced that the official registration for the highly anticipated COMPUTEX Keynotes is now live. This year's Keynote features an unprecedented lineup of industry titans, including leaders from Qualcomm, Marvell, Intel, MediaTek, NXP and Cisco who will take the stage to unveil th
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on Taiwan Semiconductor Manufacturing Company Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis TSMC: The AI Silicon Shortage Is About To Get Worse TSMC's AI Grip Tightens Further Taiwan Semiconductor Manufacturing beats Q1 top-line...
Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha Seeking Alpha More on Taiwan Semiconductor Manufacturing Company Taiwan Semiconductor Q1: Middle East War Consequences And The Zero-Availability Crisis TSMC: The AI Silicon Shortage Is About To Get Worse TSMC's AI Grip Tightens Further Taiwan Semiconductor Manufacturing beats Q1 top-line and bottom-line estimates Taiwan Semiconductor likely to report 'strong' quarter, guidance, aided by AI: Wedbush
(RTTNews) - Tesco (TSCO.L) reported preliminary fiscal year profit before tax, on a 53-week basis, from continuing operations basis, of 2.40 billion pounds compared to 2.21 billion pounds, up 8.5% from last year. EPS from continuing operations basis was 27.1 pence compared to 23.
(RTTNews) - Tesco (TSCO.L) reported preliminary fiscal year profit before tax, on a 53-week basis, from continuing operations basis, of 2.40 billion pounds compared to 2.21 billion pounds, up 8.5% from last year. EPS from continuing operations basis was 27.1 pence compared to 23.