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Finance News

TSMC’s second-quarter profit soars nearly 61% as AI chip demand stays strong

TSMC’s second-quarter profit soars nearly 61% as AI chip demand stays strong

Finance News

A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, beating […]

TSMC’s second-quarter profit soars nearly 61% as AI chip demand stays strong Read More »

Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials

Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials

Finance News

Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC In May, Tesla changed its corporate bylaws in a way that would require investors to own 3% of the stock, today worth about $30 billion, in order to file a derivative lawsuit against the company for breach of fiduciary duties. Authorities in New

Tesla’s change in bylaws to limit shareholder lawsuits slammed by New York state officials Read More »

Peter Thiel just bought a big stake in the Tom Lee’s ether company and the shares are surging

Peter Thiel just bought a big stake in the Tom Lee’s ether company and the shares are surging

Finance News

Peter Thiel, president and founder of Clarium Capital Management LLC, holds hundred Dollars bills as he speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.  Eva Marie Uzcategui | Bloomberg | Getty Images Shares of the ether treasury company Bitmine Immersion Technologies surged Wednesday after tech billionaire Peter Thiel

Peter Thiel just bought a big stake in the Tom Lee’s ether company and the shares are surging Read More »

Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted

Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted

Finance News

Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media in Beijing, China, on Wednesday, July 16, 2025. Na Bian | Bloomberg | Getty Images Nvidia is looking to ship more advanced chips to China than its current generation, CEO Jensen Huang said on Wednesday, as he looks to revitalize sales

Nvidia CEO Jensen Huang wants to sell more advanced chips to China after H20 ban is lifted Read More »

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week

Finance News

Nurphoto | Nurphoto | Getty Images Cryptocurrencies and several stocks tied to the ecosystem rose Wednesday as investors dismissed a snag in what was expected to be a winning week for crypto regulation. Bitcoin was last higher by 2% at $119,114.79, according to Coin Metrics, while ether rose 3% to $3,156.   Shares of stablecoin

Crypto bounces on renewed optimism House could pass key stablecoin legislation this week Read More »

Whoop says FDA is ‘overstepping its authority’ with warning about blood pressure feature

Whoop says FDA is ‘overstepping its authority’ with warning about blood pressure feature

Finance News

The logo for the Food and Drug Administration is seen ahead of a news conference on removing synthetic dyes from America’s food supply, at the Health and Human Services Headquarters in Washington, DC on April 22, 2025. Nathan Posner | Anadolu | Getty Images The U.S. Food and Drug Administration on Tuesday published a warning

Whoop says FDA is ‘overstepping its authority’ with warning about blood pressure feature Read More »

Bitcoin falls below 7,000 after Trump crypto bills are blocked before vote

Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote

Finance News

Bitcoin fell below the $117,000 level on Tuesday after cryptocurrency-related bills were blocked in the House of Representatives. The price of bitcoin was last down 2.8% at $116,516.00, according to Coin Metrics. That marks a pullback from the day’s high of $120,481.86. Stock Chart IconStock chart icon Bitcoin/USD Coin Metrics, 1-day The drop comes on

Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote Read More »

Circle stock drops after House blocks key procedural vote on legislation

Circle stock drops after House blocks key procedural vote on legislation

Finance News

Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. NYSE Circle shares slid on Tuesday after the U.S. House of Representatives failed to clear a key procedural hurdle that would have teed up votes on long-awaited crypto-related bills. The move dealt a major setback

Circle stock drops after House blocks key procedural vote on legislation Read More »

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