Societe Generale analyst Delphine Lee downgrades Koninklijke Philips (NYSE:PHG) from Buy to Hold.
Taiwan Semiconductor Arbitrage Trade Faces Challenges As US Stock Premium Hits 15-Year High: ‘AI Boom Is Not Over’
The popular arbitrage trade involving Taiwan Semiconductor Manufacturing Co is causing unexpected pain as the U.S. stock premium over its Taiwanese counterpart reaches a 15-year high.
