economy

TSMC Reports Record Third-Quarter Profit Driven by AI Chip Demand

10/14/2026, 11:37 PM economy growth semiconductors Taiwan Semiconductor Manufacturing Company

Taiwan Semiconductor Manufacturing Co. (TSMC) achieved a record third-quarter profit, driven by strong demand for AI chips, surpassing analyst expectations and highlighting its robust market position.

UK Economy Grows 0.1% in August, Surpassing Expectations Amid Production Growth

10/14/2026, 11:37 PM economy growth

The U.K. economy experienced a surprising 0.1% growth in August, defying expectations of a contraction, although this indicates a slowdown compared to previous months. This growth, driven by production, is significant as it comes amid ongoing economic challenges, including high inflation and energy costs.

Anthropic Reports $16.8 Billion Revenue for Q3 Ahead of IPO

10/14/2026, 09:37 PM economy announcement

Anthropic's third-quarter revenue reached $16.8 billion, marking a significant increase and positioning the company favorably ahead of its upcoming IPO in November. This growth highlights strong investor interest and expectations for future performance.

SK Hynix (000660) Shares Plunge Over 10% Amid Global Technology Sell-Off Driven by Fed Rate Hike Fears and AI Funding Concerns

10/14/2026, 06:37 PM economy stock_drop ai semiconductors

The recent sell-off in global technology hardware stocks, particularly among Asian chipmakers, highlights investor concerns over rising interest rates and the financing of artificial intelligence investments, which could hinder future growth in the sector.

Jim Cramer Warns Investors Against Abandoning Stocks Amid Market Uncertainty

10/14/2026, 03:37 PM economy forecast JPMorgan Chase ASML Morgan Stanley

Investors are cautioned against abandoning the stock market despite recent volatility, as missing key trading days could significantly impact long-term wealth accumulation.

Eight States Sue OpenAI Over ChatGPT’s Alleged Safety Risks to Children

10/14/2026, 02:37 PM economy announcement

Eight states have filed lawsuits against OpenAI, claiming that its ChatGPT chatbot poses safety risks to children and misleads parents. This legal action highlights growing concerns over the safety and accountability of AI products in the market.

Analysts Barclays downgraded Dell Technologies (DELL), Hewlett-Packard Enterprise (HPE), and NetApp (NTAP) amid concerns over enterprise AI spending

10/14/2026, 01:37 PM economy rating_drop Analysts: analysts, Barclays ai software Micron Oracle Dell Technologies Super Micro Computer NetApp Hewlett Packard Enterprise

Dell's stock fell 11% amid concerns that enterprise spending on artificial intelligence may not support the anticipated growth in AI infrastructure, leading to a broader sell-off in data center equipment stocks.

Anduril Offers Employee Tender to Value Defense Tech Startup at $90 Billion

10/14/2026, 01:37 PM economy announcement defense technology

Anduril, a defense tech startup, is offering employees the opportunity to sell stock in a tender offer that values the company at approximately $90 billion, reflecting its significant growth in the defense sector.

U.S. Consumers Face Persistent Inflation as Federal Reserve Questions Long-term Expectations

10/14/2026, 10:38 AM economy forecast finance

U.S. consumers are increasingly accepting high inflation as a new normal, raising concerns for the Federal Reserve about the potential entrenchment of inflationary expectations, which could complicate monetary policy efforts to control price growth.

OpenAI’s Sachin Katti to Depart as Infrastructure Lead, Transitioning to Advisory Role

10/14/2026, 10:38 AM economy dismissal ai

Sachin Katti's departure from OpenAI as infrastructure lead marks a significant leadership change at a critical time for the company's AI infrastructure strategy, which is essential for its ambitious growth plans.