(RTTNews) - Indian shares were modestly higher in early trade on Tuesday, tracking firm cues from global markets. A cautious undertone prevailed as oil prices rebounded nearly 3 percent after ending sharply lower in the New York trading session overnight amid efforts to help secure the Strait of Hormuz. The benchmark BSE Sensex was up 144 points, or 0.2 percent, at 75,647 after rising 1.3 percent ...
(RTTNews) - Indian shares were modestly higher in early trade on Tuesday, tracking firm cues from global markets. A cautious undertone prevailed as oil prices rebounded nearly 3 percent after ending sharply lower in the New York trading session overnight amid efforts to help secure the Strait of Hormuz. The benchmark BSE Sensex was up 144 points, or 0.2 percent, at 75,647 after rising 1.3 percent in the previous session, driven by a late-session rally following reports that two Indian-flagged oil tankers have safely crossed the Strait of Hormuz. The broader NSE Nifty index edged up by 12 points to 23,420. Tata Steel, IndiGo, Bharti Airtel, Maruti Suzuki India, Mahindra & Mahindra and Eternal surged 1-3 percent while IT stocks such as TCS, Infosys, Tech Mahindra and Wipro fell 1-2 percent. Reliance Industries was slightly higher after it has entered into a binding long-term agreement to supply green ammonia to South Korea's Samsung C&T Corporation. Tata Motors gained 1 percent after hiking prices of its commercial vehicles. RailTel Corporation of India added 1 percent on bagging a Rs. 42.63 crore work order from the National Informatics Centre Services. Ola Electric Mobility fell about 2 percent on reports that it plans to raise Rs. 2,000 crore by divesting a stake in its battery subsidiary, Ola Cell Technologies (OCT). The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Taiwan Semiconductor Manufacturing Company (TSMC) shares trade steadily as Taiwan's central bank signals steady interest rates through 2027, bolstering the semiconductor giant's growth outlook in a robust economy. Taiwan Semiconductor stock (ISIN: TW0002330008), the shares of Taiwan Semiconductor Manufacturing Company Limited (TSMC), closed at around 1,865 TWD on recent trading days, reflecting re...
Taiwan Semiconductor Manufacturing Company (TSMC) shares trade steadily as Taiwan's central bank signals steady interest rates through 2027, bolstering the semiconductor giant's growth outlook in a robust economy. Taiwan Semiconductor stock (ISIN: TW0002330008), the shares of Taiwan Semiconductor Manufacturing Company Limited (TSMC), closed at around 1,865 TWD on recent trading days, reflecting resilience despite short-term volatility. Investors are closely watching as Taiwan's central bank is expected to maintain its benchmark interest rate unchanged this week, citing robust economic growth, a move that supports TSMC's expansion plans in advanced chip manufacturing. This stability comes at a pivotal time for the world's largest contract chipmaker, whose fortunes are tied to global AI demand and geopolitical tensions. As of: 17.03.2026 By Dr. Elena Voss, Senior Semiconductor Analyst at Global Chip Insights. Specializing in Asian tech supply chains and their impact on European portfolios. Current Market Snapshot for TSMC Shares TSMC's ordinary shares, listed under ISIN TW0002330008 on the Taiwan Stock Exchange, have shown year-to-date gains of over 20%, with recent closes hovering between 1,845 TWD and 1,940 TWD amid fluctuating volumes. The stock experienced a 1.06% dip to 1,865 TWD on March 13, 2026, following a 4.86% surge the prior session, indicating typical intraday swings driven by broader semiconductor sector sentiment. Analysts maintain a strong 'Buy' consensus from 32 experts, with an average price target of approximately 2,296 TWD, implying over 23% upside potential from current levels. From a European investor perspective, TSMC is accessible via Xetra and other Deutsche Boerse platforms, where it ranks prominently in ETFs like the iShares MSCI ACWI, holding a 1.60% weighting. DACH-based funds, particularly those focused on technology and growth, have increased exposure to TSMC amid AI tailwinds, viewing it as a core holding despite currency risks between ...
Micron’s newly-unveiled memory and storage product HBM4 is designed to offer much faster data speeds, higher capacity, and better power efficiency than the previous generation, the company said. In this photo illustration, the logo of Micron Technology, Inc. is displayed on a smartphone screen.(Photo illustration by Cheng Xin/Getty Images) The HBM4 will deliver more than 11 Gb/s pin speed, based o...
Micron’s newly-unveiled memory and storage product HBM4 is designed to offer much faster data speeds, higher capacity, and better power efficiency than the previous generation, the company said. In this photo illustration, the logo of Micron Technology, Inc. is displayed on a smartphone screen.(Photo illustration by Cheng Xin/Getty Images) The HBM4 will deliver more than 11 Gb/s pin speed, based on internal testing and confidential customer test vehicle validation, and over 2.8 TB/s bandwidth. The announcement comes ahead of the company’s Q2 2026 earnings results, slated for Wednesday. Earlier on Monday, the company announced that it plans to build a second manufacturing facility in Taiwan at the Tongluo site it recently acquired from Powerchip Semiconductor Manufacturing Corp. Shares of Micron Technology Inc. (MU) climbed about 1% higher in Monday’s extended trading hours after it announced that it has begun volume shipment of HBM4 36GB 12H memory, designed for Nvidia’s Vera Rubin chips, in the first quarter (Q1) of calendar year 2026. The announcement comes ahead of the company’s second-quarter (Q2) 2026 earnings results, slated for Wednesday. “Our close collaboration with NVIDIA ensures that compute and memory are designed to scale together from day one,” said Sumit Sadana, executive vice president and chief business officer at Micron Technology. Memory Details Micron’s newly unveiled memory and storage product HBM4 is designed to offer much faster data speeds, higher capacity, and better power efficiency than the previous generation, the company said. The latest HBM4 will deliver more than 11 Gb/s pin speed, based on internal testing and confidential customer test vehicle validation, and over 2.8 TB/s bandwidth. This amounts to about 2.3 times higher than HBM3E with over 20% better power efficiency, the company said. Taiwan Site Earlier on Monday, the company announced that it plans to build a second manufacturing facility in Taiwan at the Tongluo site it recent...
Canadian billionaire Stephen Smith and his family holding company have reached an agreement to acquire a minority stake in the publisher of The Economist magazine, according to the companies. Smith and Smith Financial Corp. have entered into an agreement to buy a 26.9% stake in The Economist Group from existing shareholders, Lynn Forester de Rothschild , her family and her family foundation, repre...
Canadian billionaire Stephen Smith and his family holding company have reached an agreement to acquire a minority stake in the publisher of The Economist magazine, according to the companies. Smith and Smith Financial Corp. have entered into an agreement to buy a 26.9% stake in The Economist Group from existing shareholders, Lynn Forester de Rothschild , her family and her family foundation, representatives for the companies said in emailed statements. “This investment reflects Mr. Smith’s full support for The Economist’s long‑standing tradition of rigorous editorial independence and will see The Economist’s strategy and operations continue unaffected,” Smith’s spokesperson said. The agreement is subject to certain closing conditions, according to the companies. The price of the transaction wasn’t disclosed. The Horizont website reported earlier that Smith was looking to buy the stake. Read More: Forester de Rothschild Said to Plan Sale of Economist Stake
This is the latest in a series of belt-tightening measures undertaken by Asian countries since the war choked off the Strait of Hormuz, which used to carry millions of barrels of oil from the Gulf into the region.
This is the latest in a series of belt-tightening measures undertaken by Asian countries since the war choked off the Strait of Hormuz, which used to carry millions of barrels of oil from the Gulf into the region.
Image source: The Motley Fool. Tuesday, March 10, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Stephen Hood Chief Financial Officer — Stanley Beckley Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Quarterly Revenue -- $3.8 million, up 95% from the comparable period, mainly from higher digital game and downloadable content sales of Le Mans Ultimate. -- $...
Image source: The Motley Fool. Tuesday, March 10, 2026 at 5 p.m. ET Call participants Chief Executive Officer — Stephen Hood Chief Financial Officer — Stanley Beckley Need a quote from a Motley Fool analyst? Email [email protected] Takeaways Quarterly Revenue -- $3.8 million, up 95% from the comparable period, mainly from higher digital game and downloadable content sales of Le Mans Ultimate. -- $3.8 million, up 95% from the comparable period, mainly from higher digital game and downloadable content sales of Le Mans Ultimate. Annual Revenue -- $11.3 million, representing a 30% increase, driven by $5.8 million from Le Mans Ultimate and $1.2 million from Race Control, offset by a $4.4 million drop related to the NASCAR title sale. -- $11.3 million, representing a 30% increase, driven by $5.8 million from Le Mans Ultimate and $1.2 million from Race Control, offset by a $4.4 million drop related to the NASCAR title sale. Quarterly Net Income -- $800,000, a $3.7 million improvement from a net loss of $2.9 million in the prior period. -- $800,000, a $3.7 million improvement from a net loss of $2.9 million in the prior period. Annual Net Income -- $6.8 million, up from a $3.1 million net loss, reflecting both revenue gains and cost reductions. -- $6.8 million, up from a $3.1 million net loss, reflecting both revenue gains and cost reductions. Adjusted EBITDA -- $1.9 million for the quarter, $7.3 million for the year, compared to respective losses of $2.5 million and $3.9 million previously. -- $1.9 million for the quarter, $7.3 million for the year, compared to respective losses of $2.5 million and $3.9 million previously. Net Income per Class A Share -- $0.15 for the quarter and $1.43 annually, against losses of $0.89 and $0.94 in the prior periods, respectively. -- $0.15 for the quarter and $1.43 annually, against losses of $0.89 and $0.94 in the prior periods, respectively. Cash Position -- $5 million as of December 31, 2025, increasing to $6 million by February 2026, s...
Key Points Reddit's fourth-quarter revenue surged 70% year over year. The company's monetization improvements drove average revenue per user up 42%. A combination of strong top-line growth and disciplined spending has helped the platform swing to substantial profitability recently. 10 stocks we like better than Reddit › Shares of Reddit (NYSE: RDDT) have taken a beating in 2026. As of this writing...
Key Points Reddit's fourth-quarter revenue surged 70% year over year. The company's monetization improvements drove average revenue per user up 42%. A combination of strong top-line growth and disciplined spending has helped the platform swing to substantial profitability recently. 10 stocks we like better than Reddit › Shares of Reddit (NYSE: RDDT) have taken a beating in 2026. As of this writing, the stock has plunged about 39% year to date, dropping to around $140 per share. But the underlying business looks exceptional. In fact, Reddit's most recent financial results show a business not only growing its top line at a blistering pace but also generating massive cash. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » So, with the stock pulling back significantly from its recent highs, should investors step in and buy shares? Or is the stock's premium valuation still too high? A structural shift in profitability To understand why Reddit's recent results are so impressive, you have to look at how the company is driving its revenue growth. In Q4, Reddit's revenue surged 70% year over year to $726 million. This actually marked a slight acceleration from the 68% year-over-year revenue growth it posted in the third quarter. And for the full year, revenue rose 69% to $2.2 billion. Additionally, the company is compounding rapid user growth with even more impressive monetization. While Reddit's daily active users climbed a respectable 19% year over year to 121.4 million in Q4, its advertising revenue skyrocketed 75% to $690 million. Capturing this impressive monetization, the company's average revenue per user (ARPU) jumped 42% year over year in the fourth quarter to $5.98. Reddit is successfully rolling out artificial intelligence (AI)-powered advertising tools like Reddit Max, and it's using AI to improv...
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: Markets relaxed a little : The S&P 500 rose 1.01% and bond yields fell. Trump is having difficulty getting other countries’ help in Hormuz. Nvidia now expects to sell $1 trillion in chips by the end of next year. The latest data shows a Chinese economic rebound . AND: The power of ridicule — it’s somet...
To get John Authers’ newsletter delivered directly to your inbox, sign up here . Today’s Points: Markets relaxed a little : The S&P 500 rose 1.01% and bond yields fell. Trump is having difficulty getting other countries’ help in Hormuz. Nvidia now expects to sell $1 trillion in chips by the end of next year. The latest data shows a Chinese economic rebound . AND: The power of ridicule — it’s something to be scared of . Enter Central Banks, Pursued By a Bear After two weeks of war in the Gulf , we all know the stakes. It’s the biggest shock to oil supply in history. Whether it becomes a similarly big economic shock depends now on the financial policy response. So attention turns to central banks, 18 of which meet this week, including the Federal Reserve and European Central Bank. Can they look through this war? And if not, what will they do about it? There are layers of complexity. An oil shock pushes up prices, but acts like a tax hike on the overall economy, bringing down activity and employment. That creates a difference between those with a mandate to deal with both (led by the Fed) and those charged only with limiting inflation (led by the ECB) . Further, central bankers know that they have no power over fuel prices. This is why they tend to look at “core” inflation, excluding energy and food. Thus, they generally attempt to look through oil shocks until they’re sustained enough to affect prices throughout the economy. Judging by US bonds, this is an unusual oil spike that’s had almost no impact on inflation expectations. The Fed sets great store by the five-year/five-year inflation breakeven, which is the average price rise the market expects in the period from five to 10 years hence. In theory, this should be impervious to current oil price moves. In practice, they tend to rise and fall together. But not in the last two weeks: Real interest rates on inflation-linked bonds have barely budged. Indeed, two-year real rates are falling. The market is not tightening...
Addressing rigorous data-center demands, ASUS also introduces its latest server series built on NVIDIA HGX Rubin NVL8 systems, featuring eight NVIDIA Rubin GPUs connected via sixth-generation NVIDIA NVLink with integrated 800G bandwidth per GPU. To facilitate a seamless and cost-effective transition to liquid cooling, ASUS offers two distinct solutions: the XA NR1I-E12L , an innovative hybrid-cool...
Addressing rigorous data-center demands, ASUS also introduces its latest server series built on NVIDIA HGX Rubin NVL8 systems, featuring eight NVIDIA Rubin GPUs connected via sixth-generation NVIDIA NVLink with integrated 800G bandwidth per GPU. To facilitate a seamless and cost-effective transition to liquid cooling, ASUS offers two distinct solutions: the XA NR1I-E12L , an innovative hybrid-cooled option; and the XA NR1I-E12LR , a 100% liquid-cooled system. The hybrid-cooled XA NR1I-E12L specifically combines direct-to-chip (D2C) liquid cooling for the NVIDIA HGX Rubin NVL8 baseboard with air cooling for the dual Intel ® Xeon ® 6 processors. At the forefront is the flagship XA VR721-E3 built on NVIDIA Vera Rubin NVL72, a 100% liquid-cooled rack-scale system. This offers a TDP of up to 227kW (MaxP) or 187kW (MaxQ), delivers up to 10X higher performance per watt, and is purpose-built for trillion-parameter models and delivering massive AI performance for large-scale AI factories. Partnering with Vertiv, a global leader in critical digital infrastructure, Schneider Electric and other leading providers, ASUS delivers a full-stack power and cooling infrastructure designed for zero-throttle performance from standard deployments to advanced liquid cooling, ensuring redundancy for each specific needs. As a provider of NVIDIA GB300 NVL72 and NVIDIA HGX B300 systems, the flagship ASUS offering is the ASUS AI POD built on the NVIDIA Vera Rubin platform — a liquid-cooled, rack-scale powerhouse designed for massive AI workloads. Through strategic partnerships with leading cooling and component providers, ASUS offers diverse cooling modalities, tailored thermal solutions, and redundancy to meet any enterprise requirement. Proven by global client successes, ASUS provides expert consultation, a broad portfolio of AI and storage solutions, seamless infrastructure deployment, application integration, and ongoing services — combining scalability, and sustainability to drive business...