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Tag: market expectations

UPDATE 1-TSMC’s Q1 revenue rise beats market expectations on AI boom

UPDATE 1-TSMC’s Q1 revenue rise beats market expectations on AI boom

April 9, 2024April 10, 2024 · Business

(Recasts, adds details) TAIPEI, April 10 (Reuters) – Taiwan chipmaker TSMC reported a 16.5% rise in first-quarter revenue on Wednesday, beating market expectations and at the high end…

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Bond Traders Surrender to Higher-for-Longer Reality From the Fed

Bond Traders Surrender to Higher-for-Longer Reality From the Fed

March 17, 2024March 17, 2024 · Business

(Bloomberg) — Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering to a higher-for-longer reality and a…

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