38.75 0.00 (0.00%)
After hours: 5:00PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||38.53 - 39.08|
|52-week range||32.49 - 46.57|
|PE ratio (TTM)||17.18|
|Forward dividend & yield||1.16 (2.70%)|
|1y target est||42.78|
Apr.19 -- Matthews Asia Investment Strategist Andy Rothman discusses why a trade war with China would be risky for Trump's political interests. He speaks with Bloomberg's Haidi Lun on "Bloomberg Markets."
Apr.19 -- Taiwan Semiconductor is on course for its biggest intraday decline since the middle of 2013. The plunge comes after the chipmaker forecasts sales for the current quarter at $1 billion less than what analysts were expecting. Bloomberg's Debby Wu reports on "Bloomberg Markets: Asia."
Key stock index funds turned red Monday as the tech-heavy QQQs reversed along with Dow Jones industrial components Apple and Intel.
Chip stocks tanked Thursday as investors weighed a lowered outlook for the sector from Taiwan Semiconductor Manufacturing and other negative data points.
Stock market index funds sold off Friday and fell below their 50-day moving average as Apple offset a big gain from General Electric in the Dow.
Stocks rallied early in the week on rising oil prices and Netflix earnings. But they erased almost of their gains on chip warnings and Apple iPhone fears.
It was chipmakers’ turn behind the tech woodshed this week, as investors punished shares of the leading producers of computer hardware.
Apple Inc. fell for the third day after analysts at Morgan Stanley cut their forecasts for iPhone shipments, adding to concern about the tech giant’s primary source of revenue ahead of quarterly earnings in May. Morgan Stanley analyst Katy Huberty lowered her projections for iPhone shipments by 1 million in the quarter ending in March and 6 million for the current quarter. Huberty now sees shipments for fiscal 2018 of 210 million, down from an earlier estimate of 217 million.
Taiwan Semi's (TSM) Q1 earnings miss estimates but revenues grow year over year on the back of increased demand from cryptocurrency mining.
Taiwan Semiconductor Manufacturing Co. built out its next-generation 7-nanometer manufacturing technology, N7+, with iPhones in mind.
Morgan Stanley lowers its June quarter iPhone estimate for Apple due to weak China data.
Asia-Pacific stock markets traded lower Friday after two days of broad gains, with technology stocks leading the way following a downbeat outlook from Taiwan Semiconductor Manufacturing Co.
Taiwan Semiconductor is on course for its biggest intraday decline since the middle of 2013. The plunge comes after the chipmaker forecasts sales for the current quarter at $1 billion less than what analysts ...