Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), a supplier to Apple Inc. (NASDAQ:AAPL), saw its shares rise by about 8% on Tuesday on the disclosure of a new.1 billion stake by Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B).
Read MoreFollowing the disclosures from the previous week and the cryptocurrency exchange's subsequent bankruptcy filing, the FTX issue continued to dominate media attention throughout the weekend. Supporters and detractors of cryptocurrency weighed in on the collapse of FTX in chat rooms and on social media.
Read MoreThe S&P 500 and Nasdaq increased on Friday, continuing a surge that began the day before on hopes that the Federal Reserve will become less aggressive in its rate hikes in the United States.
Read MoreAs the largest semiconductor foundry in the world reported that its October sales increased 56% year over year, Taiwan Semiconductor (NYSE:TSM) shares increased by about 5% on Thursday.
Read MoreGoertek Inc.'s stock dropped on Wednesday after the China-based supplier for businesses including Apple and Meta Platforms disclosed that an unnamed foreign client had requested that assembly work for a smart acoustic product be suspended.
Read MoreFears that an agreement to adopt a Global Minimum Tax (GMT) will not be enacted have brought up discussion of a Digital Service Tax (DST). It is less profitable to move operations to nations with lower tax rates as a result of a coalition of 140 nations last year agreeing to an effective 15% tax on major multinational corporations, regardless of where they are based. For instance, an online business would need to pay taxes to the government of the country where it makes considerable sales even though it has no physical presence there due to digital advertising.
Read MoreThis weekend, the main topics of conversation included Elon Musk and his intentions to redesign Twitter, as well as the probable near-term monetary policy trajectory in light of the Fed decision from last week and the October non-farm payrolls report.
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