ASML shrugs off China slump with faith in AI chip demand
ASML Navigates China Slump with AI Chip Demand Confidence | IMD Supply ASML’s Strategic Pivot Amid Shifting Global Chip Landscape…
ASML Navigates China Slump with AI Chip Demand Confidence | IMD Supply ASML’s Strategic Pivot Amid Shifting Global Chip Landscape…
Wall Street posted significant gains Wednesday as earnings season kicked off with stronger-than-expected results from major banks and tech companies. According to UBS analysis, early reporting companies are showing “decent” performance with 80% beating sales estimates, supporting the view that the bull market remains intact.
U.S. stocks surged Wednesday as earnings season began with several major companies reporting stronger-than-expected profits. The S&P 500 rose 0.8%, recovering from earlier losses, while the Dow Jones Industrial Average gained 254 points and the Nasdaq composite climbed 1.1%, according to market reports.