Benjamin Chadwick

Benjamin Chadwick graduated from NYU Stern, has been an Associate Professor of Finance at the Kenna Flegler Business School for ten years before switching to a private financial consultancy and correspondent journalism from the Asian stock market. He is focused on the microstructure of securities markets, while he pays special attention to microcap issues.

Intel CEO

Intel Faces Reduced Federal Chips Grant Amid US Policy Shift

On Sunday, the US government announced plans to cut Intel’s $8.50 billion federal chips grant to below $8.00 billion, citing budget constraints. This move reflects growing scrutiny over public spending on semiconductor subsidies as the Chips Act faces mounting political and financial pressures. Intel initially secured the $8.5 billion commitment under the $52 billion Chips …

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nvidia

Nvidia Registers Strong Q3 Performance, Smashes Forecasts

On Wednesday, Nvidia Corporation recorded an increase in the fiscal third quarter, which beat estimates and delighted investors. Its stock price descended by -0.76% to $145.89 per piece on November 20’s Asian afternoon session. More concretely, it is expected to plunge by -2.46% to $142.25 a share in the after-hours trading. Conversely, the company’s earnings …

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Oil Prices Slide as Hurricane Rafael is Expected to Weaken

On early Friday, oil prices tumbled amid expectations that Hurricane Rafael will subside in the coming days, easing disruptions in the Gulf of Mexico. West Texas Intermediate (WTI) December futures tumbled by 1.11% to $71.39 per barrel on the morning of November 08. Commodity specialists expect the bearish momentum to continue with a 0.67% plunge …

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TSMC Logs Better Q3, Beat Analysts’ Forecasts on AI Boom

On Thursday, TSMC revealed forecast-beating Q3 results amid soaring demand for artificial intelligence (AI) chips. The chipmaker’s stock closed the session by increasing 0.19% to $187.48 apiece. It jumped by 6.42% to $199.50 in pre-market trading. Furthermore, the Taiwan-based company’s earnings per share rose to $1.94, surpassing analysts’ expectations of $1.79 and the previous $1.48 …

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Lenovo and Bridge Foundation Collabs to Debut AI Hub in HK

On Wednesday, Lenovo revealed its partnership with Bridge Foundation to launch its first AI Hub in Hong Kong. The collaboration is planned to provide more special educational needs (SEN) students with high-quality and personalized education. According to reports, this move seeks to improve educational development and widen access to vital resources for underserved students. Furthermore, …

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Nvidia Stock Rises Amid Growing Optimism Over AI Demand

On Monday, Nvidia stock increased on analysts’ bullish sentiments over artificial intelligence (AI) robust demand. The Santa Clara-based firm’s stock closed the session by climbing 2.43% to $138.07 apiece. Meanwhile, analysts noted that Nvidia remains dominant regarding its client base in the AI booster market. They also projected the company’s graphic processing unit (GPU) revenue …

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Adobe Stock Price

Adobe Reveals Mixed Q3 Data, Stock Dips on Missed Guidance

On Thursday, Adobe unveiled a mixed third-quarter financial report and surpassed analysts’ forecast, but its stock dipped after hours on missed guidance. The company’s stock rose by 1.06% to $586.55 per share in the closed session but plummeted by -9.12% to $533.05 apiece in after-hours trading. Reports noted that the plunge came following Adobe’s Q4 …

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Oil prices on world markets continue to fall

Oil Prices Extend Gains, On Track to End Higher This Week

Oil prices climbed in Asian trade on Friday to extend gains from hurricane-driven delays in production in the US Gulf of Mexico, putting prices on track to end the week on a positive note. Brent crude oil futures for November delivery added 0.51% to $72.34 per barrel, while the US West Texas Intermediate (WTI) crude …

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