Investing.com -- JPMorgan revised its price target for Taiwan Semiconductor Manufacturing Company (TSMC) shares, lowering it to NT$1,300 from a previous estimate. The adjustment comes amid expectations of a healthy second quarter in 2025, with projected quarter-over-quarter growth of 5-8%, driven by robust demand for N4/N5 and N3 technologies, rush orders in older nodes, and continued expansion in ...
By Isla BinnieNEW YORK (Reuters) - Even before U.S. President Donald Trump’s tariffs threw markets and companies into turmoil, global CEOs were already unhappy with the support they were getting from their boards of directors in navigating uncertainty, a survey showed on Monday.Just 22% of the corporate chief executives surveyed in late 2024 by the consultancy Spencer Stuart felt their boards we ...
By Jody GodoyWASHINGTON (Reuters) -Facebook parent Meta Platforms (NASDAQ:META) faces a high-stakes trial in Washington starting on Monday on claims it built an illegal social media monopoly by spending billions of dollars to acquire Instagram and WhatsApp, in a case where U.S. antitrust enforcers seek to unwind the deals.The acquisitions more than a decade ago aimed to eliminate nascent competito ...
Investing.com -- China has outlined plans to continue the construction of coal-fired power plants until 2027, according to government guidelines released on Monday. These plants will be built in regions where they are required to meet peak power demand or to stabilize the grid.In addition to this, the guidelines also specify that newly built and upgraded coal plants should be capable of safely and ...