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TSMC Q3 Revenue Tops Its Own Guidance and the 19-Analyst Forecast

Taiwan Semiconductor Manufacturing Co. (TSMC) said September revenue rose 54.6% from a year earlier to NT$511.86 billion ($16.03 billion). The result lifted third-quarter revenue to a record NT$1.49 trillion. TSMC’s Taiwan-listed shares closed 1.35% lower at NT$2,550 on Thursday, before…

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Ripple Prime is growing. Where does XRP fit in the business?

Ripple Prime has expanded its mandate with Brevan Howard while building a brokerage that finances stock derivatives, clears trades and accepts digital collateral. The institutional business is real, but the October agreement does not disclose an XRP allocation, an XRP…