Important Developments in Fed Testimony, TSMC Revenue, and Apple PC Shipments

Wednesday, 10 July 2024, 13:15

In the latest news, Federal Reserve Chair Jerome Powell emphasizes the importance of 'good data' for a potential interest rate cut. TSMC witnesses a significant revenue surge fueled by AI chip demand, while Apple experiences a notable increase in PC shipments. These updates offer valuable insights into current market trends and potential impact on investor decisions.
Yahoo Finance
Important Developments in Fed Testimony, TSMC Revenue, and Apple PC Shipments

Fed's Powell Testimony Updates

Jerome Powell highlights need for 'good data' to consider interest rate cut.

TSMC Revenue Surge

  • 40% increase in second-quarter revenue driven by AI chip demand.

Apple PC Shipments Growth

  • Over 20% rise in Q2 PC shipments compared to previous year.

Expert analysis by Luke Carberry Mogan provides an in-depth look at these impactful events.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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