Apple Chip Supplier TSMC Posts Q1 Earnings: What Investors Need To Know
Apple, Inc. (NASDAQ:TSM) on Thursday reported a modest year-over-year growth in revenue amid falling contributions from most of…
China’s Strong Q1 Economic Rebound Sparks Optimism for Apple, Tesla And These Companies
The Chinese economy sprang back to life in the first quarter, shortly after the country let down its…
As Tim Cook Heads To India For Store Launches, Analyst Flags Big Opportunity To Add Country To The ‘Apple Ecosystem’
Apple, Inc.’s (NASDAQ: AAPL) diversification away from China amid geopolitical risks has led the company to turn its attention toward India in a big way.
BlackRock CEO Larry Fink: Expect ‘Stickier’ Inflation, And Brace For Fragmentation
BlackRock (NYSE: BLK) CEO Larry Fink says interest rates are going to remain high, despite signs the Federal Reserve's aggressive response to high inflation is starting to take effect.
TuSimple Touts Milestones, But Investors Want Overhaul
Key Takeaways:
TuSimple remains mired in controversy due to economic espionage allegations against its CEO and two co-founders
The company has downshifted to focus on L2 autonomous driving technology from a previous focus on more-advanced L4 in a bid to commercialize faster
By Doug Young
Hotpot Brand Guoquan Serves Up IPO With Profit Appetizer
Key Takeaways:
China’s at-home dining brand Guoquan Food has built a network of more than 9,000 franchise outlets selling its meal ingredients
The company made it into the black for the first time last year, posting a net profit of 240 million yuan as it benefited from an expanded store network and bulk buying
Webus Rides Bumpy Road To IPO Even As Travel In China Returns
Key Takeaways:
Webus aims to raise up to $24 million in a New York IPO by selling 4 million shares at $4 to $6 apiece
The company’s latest annual revenue was only about 130 million yuan, as efforts to gain market share in the highly competitive business undermined its margins
By Warren Yang
Warren Buffett Reveals ‘Confounding’ Fact That Made Him Invest In Japan’s Top 5 Trading Firms: ‘Better Than I Thought’
Billionaire investor Warren Buffett said in an interview with Nikkei on Tuesday that he was proud of his investments in shares of Japanese trading houses.
Buffett Loves Japan: Nikkei Stocks Rally After Berkshire Hathaway CEO Says He Raises Bets in Five Japanese Trading Houses
Shares of the Nikkei 225, the largest equity index in Japan, increased more than 1% after Berkshire Hathaway Inc (NYSE: BKR-A) CEO Warren Buffett stated in a media interview with Nikkei press that he plans to increase his exposure to
Warren Buffett ‘Very Proud’ Of Japanese Investments: 5 Tokyo-Listed Stocks Berkshire Has Stakes In
Billionaire investor Warren Buffett has set his sights on the far east to put his money to work.…