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Macquarie issued a report on TSMC. It opined that the Taiwan chip company's long-term competitiveness lies in its ability to co-develop with pioneering customers, such as Nvidia (NVDA.US) and Apple (AAPL.US), which provides the group with future scalability. TSMC's demand visibility was estimated to be higher than expect...
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Citi Research opened an upside 90-day catalyst watch on NVIDIA (NVDA.US) following profit-taking of its stock after the GTC AI conference. The broker said the recent supply chain discussions suggested demand visibility extends into 1H25, with FY2024/ 25 GPU unit outlook well aligned with Citi's 4.3 million/ 5.2 million under...
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The Philly Fed Manufacturing Activity Index hiked to a two-year high in April, whereas the market focused on the latest economic data and the direction of interest rate cuts. The three major U.S. stock indexes trended lower after opening higher on Thursday. The DJIA once shot up more than 300 pts, and then evaporated the gains t...
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PRU (02378.HK)/ AIA (01299.HK) are now trading at trough embedded value multiples of 0.5x/ 0.95x P/EV ratio respectively, JPMorgan issued a research report saying. While much of this reflects concerns about economic growth in China, investors are skeptical about embedded value itself and the extent to which it can be monetized, ...
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Sina Tech, citing sources, reported that Taobao will start waiving the shipping fee of return packages for 88VIP users, with a maximum of RMB25 per order and no upper limit on the number of times. Currently, the benefit is under beta testing and is only available to some users, but it will fully cover all users in the next two d...
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