Taiwan Semiconductor Manufacturing Company (TSMC) recently announced its fiscal results for the December quarter, showcasing a remarkable performance that surpassed expert forecasts. With revenues soaring to 868.5 billion New Taiwan dollars (approximately $26.3 billion), the firm achieved a staggering year-on-year increase of 38.8%. This figure not only exceeded the Refinitiv consensus estimates of 850.1 billion
Wealth
In the whirlwind of financial markets, 2024 has showcased Bitcoin as a standout performer, boasting a remarkable price increase of approximately 125%—soaring to around $94,000 from the $40,000 mark. Such astounding growth has sparked excitement among investors, many of whom are now contemplating the possibilities of entering the cryptocurrency arena. However, this euphoria must be
McDonald’s has taken an intriguing step by launching its beverage-focused spinoff, CosMc’s. This innovative concept, which aimed to cater to the rising demand for casual beverage experiences, initially opened its doors over a year ago in Bolingbrook, Illinois. The fast-food titan aimed to capture a niche market by transforming some of its traditional locations into
The recent wildfires ravaging the Los Angeles area have created significant disruptions for residents and travelers alike. As the situation unfolds, major airlines have taken steps to accommodate those impacted by the wildfires, underscoring their commitment to customer service during unprecedented emergencies. The ongoing disasters reveal not only the resilience of individuals and communities but
Nordstrom recently made headlines by revising its full-year sales expectations after experiencing a promising holiday shopping season. The retail giant, based in Seattle, indicated a shift in its outlook due to stronger-than-anticipated results during the holiday shopping period, both in-store and online. While the company has adjusted its revenue growth forecast to 1.5% to 2.5%,
The IRS has officially announced that the filing season for individual tax returns for the year 2024 will commence on January 27, 2025. Taxpayers should be particularly mindful that, to avoid penalties, federal income tax returns and any dues must be filed by April 15, 2025. It’s essential to highlight that individuals affected by natural
The recent wildfires raging through California, particularly in Los Angeles, have sent shockwaves through the insurance market. As these destructive events escalate, they have led to a significant sell-off of stocks among insurers most exposed to homeowners in the affected regions. On Friday, shares of major insurance players like Allstate and Chubb tumbled by 4%,
Delta Air Lines recently released its financial outlook for the first quarter of 2024, confidently predicting a robust start to the year fueled by continuous consumer demand for travel. CEO Ed Bastian expressed optimism, suggesting that this year could potentially be Delta’s best ever in terms of profitability and growth. The airline anticipates generating over