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Prediction: TSMC Stock Will Soar After Aug. 26 Thanks to Nvidia’s Historic Quarter

Nvidia's upcoming earnings report is likely to give TSMC stock a nice shot in the arm.

We haven't written up this one. Motley Fool has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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BOK Weighs Back-to-Back Rate Hike on Inflation, Growth

The Bank of Korea's Monetary Policy Board will meet on Aug. 27 to decide whether to raise the benchmark interest rate again.

  • Bank of Korea board meets Aug 27 to decide on second consecutive rate hike
  • Core inflation at 2.6% in Q2, highest in nearly 3 years
  • Household debt surpasses 2 trillion won, 88.6% of GDP

Korean Large Business Profits Surge, But Investments Stall

Although major domestic conglomerates have increased their operating profits by nearly 279 trillion won (about $201 billion) over the past year, their investments for future growth have not…

  • Large Korean businesses saw 279 trillion won increase in operating profits
  • CAPEX remained stagnant at 147 trillion won despite soaring sales
  • Services sector expanded 36.1%, transportation grew 25.3%

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