This week's Fiery Flash is Taiwan Semiconductor Manufacturing Company, or TSMC. It is the world's largest independent semiconductor foundry, or computer chip bakery, producing integrated circuits for clients worldwide. As a pure-play foundry, it doesn't design its own chips but manufactures them for companies that do. Their clients include industry giants like Apple, NVIDIA, an ...

Europe plans to fill the North Sea with wind turbines capable of generating 300 GW of power. To call this an enormous task is an understatement. Approximately 20,000 wind turbines, each around 15 MW in capacity, will need to be installed. These structures stand about 145 meters tall, with blades adding an additional 120 meters. They weigh around 1,700 tons and are supported by ...

This week, one of the most important semiconductor-related company published their third quarter results, and the market responded favorably. This positive reception shouldn't come too much as a surprise, and here's why. There exists a striking correlation between Taiwan's economy and the global semiconductor industry, rooted in Taiwan's dominant position in chip manufacturing. ...

In this long read, we aim to honour some of the best-known investors who have shared their investment wisdom in various bestselling books and in-depth interviews by summarizing and shining some colour on some of their key investment quotes. Investment successes are not a consequence of luck or timing; instead, these successes are often the result of applying timeless principles ...

In this long read, we aim to honour some of the best-known investors who have shared their investment wisdom in various bestselling books and in-depth interviews by summarizing and shining some colour on some of their key investment quotes. Investment successes are not a consequence of luck or timing; instead, these successes are often the result of applying timeless principles ...

Stellantis, one of the world's top five automakers, was formed in January 2021 from the merger of PSA Peugeot Citroen and Fiat Chrysler Automobiles. While the company initially emerged as a star performer post-pandemic—its stock more than doubling from 2022 lows—recent developments have taken a toll. After peaking at just over €27 in March 2024, the stock has sharply declined, ...

No, not at all! The German economy is in the doldrums. The country’s very important automotive industry is having a very hard time coping with intense Chinese competition (in China and in Europe) and weaker overall auto demand. The German machinery industry also suffers from weak Chinese demand, while the latter country was the single most important source of growth in this ind ...

This week, the U.S. inflation data for September was released, showing that headline inflation slowed to 2.4% year-on-year, down from 2.5% in August. The small deceleration was driven by a decline in gasoline prices and a moderation in housing costs. However, core inflation—which excludes the volatile food and energy categories—ticked up slightly to 3.3%, from 3.2% the previous ...

In today’s energy landscape, it's crucial to differentiate between energy and electricity, as their roles in final energy demand vary significantly. Energy encompasses all forms of fuel and power used across sectors, such as gasoline for cars or natural gas for heating. Electricity, a subset of energy, powers technologies like lighting, heat pumps, and electric vehicles (EVs). ...

Last month, inflation in the Euro Area fell to its lowest level since June 2021, more than three years ago. Headline inflation dropped to 1.8% in September, below the ECB’s 2% target. Lower-than-expected energy prices helped push inflation down. However, price increases in services have proven stubbornly sticky, with services prices still rising by 4% year-on-year in September. ...