Washington Reportedly Orders TSMC to Halt Shipments to China of Some Chips
The media, citing an insider, reported that the United States ordered Taiwan Semiconductor Manufacturing Co (TSMC) to halt shipments of advanced chips to Chinese customers.
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China’s Consumer Prices Growth Demonstrates Slowdown
In October, China recorded an increase in consumer prices, which demonstrated the pace of upward dynamic, which is the slowest in the last four months.
Chipmaker Kioxia Files for IPO
Bain Capital-backed Kioxia filed for an initial public offering (IPO) of shares last Friday, November 8th.
PNC Bank Increases Investment in New Branch Locations
PNC Bank has increased the number of new branch locations and renovations that this financial institution intends to complete over the next five years.
China Announces $1.4 Trillion Debt Package
China on Friday, November 8, announced a five-year package of measures totaling 10 trillion yuan ($1.4 trillion), designed to solve the debt problems of local governments.
Arm Reports Earnings Forecast
Chip developer Arm Holdings last Wednesday, November 6, released a forecast for its revenue in line with Wall Street targets, against which the value of the brand’s shares fell by 4.5%.
Qualcomm Reports Earnings
Qualcomm last Wednesday, November 6, released data on its earnings for the last quarter.
Zurich Insurance Group Says About Economic Consequences of Hurricanes Helene and Milton
Zurich Insurance Group on Thursday, November 7, said that its exposure to Hurricanes Helene and Milton, which hit the United States this fall, will reach less than $360 million.
China’s Exports Demonstrate Growth
In October, Chinese exports showed growth rates, which turned out to be the most intense in more than two years.
US Stocks Rise to Record Highs
The stock indexes of the United States on Wednesday, November 6, showed a sharp increase and closed at a record high amid the news that Donald Trump had won the presidential election.
Super Micro Shares Demonstrate Decline
Super Micro, a server manufacturer that publishes annual financial statements later than scheduled and currently faces the risk of being excluded from the Nasdaq list, last Tuesday, November 5, shared with the public data on the results of its activities for the last fiscal quarter.
German Factory Orders Demonstrate Growth
In Germany, an increase in factory orders was recorded in September.
Startup Physical Intelligence Reportedly Raises $400 Million
The media reports that the startup Physical Intelligence, which operates in the area of robotics, was able to raise $400 million in early-stage funding.
Marqeta CEO Says About Future of Analog Payments
The Marqeta platform, which carries out card issuance activities, last Monday, November 4, as part of the earnings call for the third quarter of 2024, announced information about its plans, including those related to upcoming cooperation and the launch with VisaFlex Credential this week.
Shares of SK Hynix Demonstrate Growth
On Monday, November 4, the value of SK Hynix shares showed an increase of 6.5%.
FinTech Klar Aims for IPO
Mexico-based fintech company Klar intends to go public at the end of 2026.
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