TSMC third-quarter profit seen jumping 40% on strong AI chip demand

By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the main producer of advanced chips used in artificial intelligence applications, is expected to report a 40% leap in third-quarter profit on Thursday thanks to soaring demand. The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from the…

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Elliott takes Southwest fight to shareholders, nominates eight directors

By Svea Herbst-Bayliss (Reuters) -Elliott Investment Management is taking its fight with Southwest Airlines to investors by calling for a special shareholder meeting where they can vote on new director candidates who would ultimately steer company strategy. In calling for the meeting, Elliott is taking a highly unusual step but one it has telegraphed for…

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Netflix, BAC, J&J Earnings: Will They Soar or Stall?

Three Stocks Reporting Earnings This Week: What Investors Should Watch This week, three major companies are poised to release their third-quarter earnings: Netflix (NFLX), Bank of America (BAC), and Johnson & Johnson (JNJ). Each company, representing different sectors—technology, finance, and healthcare—is under market scrutiny for how they’ve weathered recent macroeconomic turbulence. In this editorial, we’ll…

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As Trump woos overseas voters, Republicans seek restrictions in court

By Luc Cohen (Reuters) – Republicans are suing in three crucial battleground states to try to stop what they call illegal overseas voting, even as their presidential candidate Donald Trump courts Americans living abroad in his race against Democratic Vice President Kamala Harris. The cases come as Republicans have launched an aggressive legal campaign nationwide…

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The facts behind Hurricane Milton conspiracies, rumors and AI images

By Esther Chan, Hardik Vyas, Lydia Morrish -The aftermath of Hurricane Milton has left a trail of misinformation surrounding relief efforts in hard-hit Florida, including conspiracy theories about officials controlling the weather. The storm’s devastation was not as severe as initially feared in Florida, one of the many states that were battered by Hurricane Helene…

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