Skip to main content

Featured

TSMC Sparks Tech Rally as U.S. Futures Rebound

A fresh wave of optimism swept through financial markets as U.S. stock futures climbed, led by a strong rebound in the tech sector. Nasdaq futures outperformed early Thursday, followed by gains in the S&P 500 and Dow Jones Industrial Average, signaling renewed confidence after two sessions of declines. The surge was fueled by an upbeat outlook from Taiwan Semiconductor Manufacturing Company (TSMC), whose latest results highlighted the continued strength of the AI-driven chip boom. The company reported a sharp rise in quarterly profit and reaffirmed its commitment to heavy investment in advanced semiconductor production—an encouraging sign for investors betting on long-term AI growth. TSMC’s momentum lifted semiconductor stocks globally and helped restore confidence in megacap tech names that had recently come under pressure. With earnings season underway and broader economic signals still mixed, the market’s reaction suggests that AI remains one of the most powerful forces shapi...
Post a Comment
Read more

article

Labels

Trump's Tariff Shake-Up: Global Trade Faces New Challenges


On April 2, 2025, U.S. President Donald Trump announced sweeping 10% tariffs on imports from all trading partners, marking a significant escalation in global trade tensions. These tariffs, described as "baseline," aim to address what Trump perceives as unfair trade practices and chronic trade deficits. While the announcement has sent ripples across international markets, the specific impact on Canada remains uncertain.

Canada, a close trading partner of the U.S., has previously faced tariffs on steel, aluminum, and energy imports under Trump's administration. The new measures could further strain bilateral relations and affect key Canadian industries. Prime Minister Mark Carney is reportedly preparing Canada's response, as the trade war becomes a central issue in the upcoming federal election.

Trump's move has sparked debates among economists and policymakers, with critics warning of potential economic fallout and supporters praising the tariffs as a step toward "economic independence". As the global trade landscape shifts, countries are bracing for the ripple effects of this bold policy change. 


Labels:

Comments

Post a Comment