Bloomberg News and Videos — Page 475

While markets await TSMC earnings, South Korea's chip-heavy KOSPI was sharply lower as investors mull a report that semiconductor makers ASML plan to raise its prices. Jean-Paul van Oudheusden, Market Analyst at etoro spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa on the demand for the chips.

TSMC posted quarterly profit that beat estimates. The main chipmaker for Nvidia Corp. and Apple Inc. reported a rise in net income for the June quarter to NT$706.6 billion ($22 billion), surpassing the average estimate of NT$623.7 billion. The steady growth highlights the company's central role in producing the vast majority of the world's most advanced chips for data centers and smartphones. Bloomberg's Stephen Engle reports.

Fatih Birol, Executive Director of the International Energy Agency, says markets are nervous and "grappling with big uncertainty" as escalating attacks threaten shipments of oil, fertilizer, natural gas, and other cargoes through the Strait of Hormuz. He warns global economies will suffer, with developing nations and Asia most exposed. He speaks with David Gura on the sidelines of the Aspen Security Forum on Bloomberg: The Asia Trade.

Nvidia co-founder Jensen Huang stressed that the US company's next-generation AI accelerator systems were in production and on track for delivery. Bloomberg's Nick Turner reports.

US Trade Representative Jamieson Greer discusses the Section 301 investigation on Brazil and says the US is now in a trade surplus with Switzerland. Speaking with Bloomberg's David Gura on "Asia Trade," Greer also says China's compliance is not perfect, when asked about a bilateral rare earths pact.

Christie's CEO Bonnie Brennan discussed the significant increase in memorabilia sales, noting a 300% rise, and addressed whether this trend represents the future focus of Christie's auctions. She emphasized that memorabilia is just one chapter in a diverse auction portfolio. She speaks with Romaine Bostick on "The Close."

Amber Linz, Founder and CEO of Mimi's, discusses the strong demand for frozen yogurt, particularly near university locations where younger consumers are fueling long lines. Industry data cited from Bloomberg and Crunch indicates a 26% growth in the frozen yogurt market overall. She speaks with Romaine Bostick on "The Close."

Amber Linz, Founder and CEO of Mimi's, discusses the strong demand for frozen yogurt, particularly near university locations where younger consumers are fueling long lines. Industry data cited from Bloomberg and Crunch indicates a 26% growth in the frozen yogurt market overall. She speaks with Romaine Bostick on "The Close."

Jeffrey Currie, Senior Advisor at Carlyle, discussed the current complexities in the oil market. He highlighted that despite one of the highest crack spreads since the mid-1980s, crude oil futures have softened due to significant disruptions. He speaks with Romaine Bostick & Isabelle Lee on "The Close."

Margaret Tahyar, partner, co-head of Financial Institutions Group, Natalie Ings, partner, head of portfolio Solutions Lightyear Capital, and Elyse Reilly, partner, financial services, EY-Parthenon at Ernst & Young, join Dani Burger on "Bloomberg Deals."