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Cisco Challenges Broadcom with New P200 Chip Adopted by Microsoft and Alibaba
TradingKey - On October 8, Cisco Systems (CSCO.US) introduced the P200, a new network chip tailored for long-distance AI data center connections, with Microsoft and Alibaba's cloud computing divisions already on board as customers.
TradingKey
Thu, Oct 9
Beyond Streaming, Netflix Launches TV-Screen Games for First Time, Turning Phones Into Controllers
TradingKey - Four years after launching its gaming initiative, Netflix, the global streaming entertainment leader, is rolling out video games to television screens for the first time — marking a pivotal step in its broader growth strategy.
TradingKey
Thu, Oct 9
TSMC Q3 Revenue Hits Record High; 31.4% YoY Growth in September Confirms AI Demand Surge
TradingKey - According to results released on October 9, Taiwan Semiconductor Manufacturing Company (TSMC), the world’s leading semiconductor foundry, reported NT$330.98 billion in consolidated revenue for September 2025 — the third-highest monthly figure in its history and the strongest September
TradingKey
Thu, Oct 9
Gold retreats from all-time peak as Israel-Hamas peace deal tempers safe-haven demand
Gold (XAU/USD) drifts lower during the Asian session on Thursday and now seems to have snapped a four-day winning streak to a fresh all-time peak, around the $4,059-4,060 area touched the previous day.
Fxstreet
Thu, Oct 9
US approves some Nvidia UAE sales, Bloomberg News reports
Oct 8 (Reuters) - The United States has approved several billion dollars worth of Nvidia NVDA.O chip exports to the United Arab Emirates, Bloomberg News reported on Wednesday.The Commerce Department's Bureau of Industry and Security recently issued the Nvidia export licenses under the terms of a...Reuters
Thu, Oct 9
EUR/JPY stays above 177.50 near all-time highs amid fading likelihood of BoJ rate hikes
EUR/JPY continues its winning streak for the fifth successive session, trading around 177.60 during the Asian hours on Thursday. The currency cross remains close to the fresh all-time high of 177.86 recorded on Wednesday, as the Japanese Yen (JPY) struggles as political shifts dampened the odds for
Fxstreet
Thu, Oct 9
TSMC posts Q3 revenue of $32.5 billion, above forecasts
TAIPEI, Oct 9 (Reuters) - TSMC 2330.TW, the world's largest contract chipmaker, reported on Thursday third-quarter revenue of T$989.92 billion ($32.48 billion), beating market forecasts, and up 30% on the year ago period on surging interest in artificial intelligence applications.An LSEG SmartEs...Reuters
Thu, Oct 9
Japanese banks well placed to join Nikkei's Takaichi euphoria, say analysts
TOKYO, Oct 9 (Reuters) - The "Takaichi trade" that propelled Japanese stocks to record highs this week passed by the banking sector, which heavily underperformed the market as investors, bracing for Sanae Takaichi as the nation's new leader, repriced their exposure.Reuters
Thu, Oct 9
Taiwan leads Asian rally as AI optimism lifts sentiment; Thai baht weakens
Oct 9 (Reuters) - Taiwan stocks scaled another fresh record on Thursday, spearheading gains across Asia as markets regained momentum on renewed optimism around AI-driven headlines, while Philippine equities edged up ahead of a closely-contested rate decision.Reuters
Thu, Oct 9
New Zealand delivers jolt to frail economy with 50-bp rate cut, flags more easing
RBNZ cuts benchmark rate by an aggressive 50bps, signals more to comeNZ dollar and interest rate swaps tumble post-rate cutRBNZ's larger cut comes as economy struggles despite previous raft of cutsNZ Prime Minister Luxon has supported lower cash rate amid economic challengesRBNZ sees inflation r...Reuters
Thu, Oct 9
AMD Shares Surge 43% in Three Days as Analysts Bet on OpenAI Deal to Shatter the Runner-Up Mold
TradingKey - A landmark equity-for-compute deal between AMD and OpenAI has prompted Wall Street to reassess the long-term prospects and competitive standing of this Nvidia challenger. In just one week, nearly 30 analysts updated ratings and price targets, sending AMD’s stock soaring 43% over three
TradingKey
Thu, Oct 9
IMF says global economy is more resilient than expected
Kristalina Georgieva, former Vice-President of the European Commission and now Managing Director of the International Monetary Fund (IMF), stated that the global economy has shown greater resilience than many had expected, despite facing multiple major shocks.Cryptopolitan
Thu, Oct 9
Gaza Peace Plan Challenges Gold’s Record High at $4,000 — Technical Overbought Signals Correction
TradingKey - After gold’s historic breakthrough above $4,000 per ounce, easing geopolitical tensions in the Middle East have cooled investor enthusiasm, while its overbought technical condition is prompting traders to consider profit-taking.TradingKey
Thu, Oct 9
Israel and Hamas agree to first phase of Trump's plan to end Gaza war
Israel and Hamas agreed on Wednesday to the first phase of U.S. President Donald Trump's plan for Gaza, a ceasefire and hostage deal that could open the way to ending a bloody two-year-old war that has upended the Middle East.Reuters
Thu, Oct 9
