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TSMC CEO Admits Trump Tariffs Have 'Some Impact' On Chipmaker But Demand 'Consistently Outpacing' Supply Thanks To AI - Samsung Electronics Co ( OTC:SSNLF ) , Taiwan Semiconductor ( NYSE:TSM )

On Tuesday, Taiwan Semiconductor Manufacturing Co. TSM CEO CC Wei said that while U.S. tariffs are creating some headwinds, robust demand for AI chips continues to exceed the company's supply capabilities.

Source: www.benzinga.com
June 03, 2025 | 05:45:24
Category: Markets

Crypto lobby pushes Senate to pass stablecoin bill without debate

The GENIUS Act could soon be up for Senate debate and crypto lobbyists urged senators to quickly pass the bill as amendments on credit card fees threaten to delay the bill.

Source: cointelegraph.com
June 03, 2025 | 05:45:56
Category: News

S&P 500 Reverses Short-Term Downtrend After April Lows: Technical Evidence Shows 'Recovery Is Real' And Not A 'Bull Trap' Or 'Bear Market Rally' - Invesco QQQ Trust, Series 1 ( NASDAQ:QQQ ) , SPDR S&P 500 ( ARCA:SPY )

As the S&P 500 index bounced back from its April lows, a technical expert highlights that the indicators point toward a real recovery as the index reversed its short-term downtrend, doubling its uptrend over the course of the recovery.

Source: www.benzinga.com
June 03, 2025 | 05:52:01
Category: Markets

Life360 Announces Pricing of Upsized Convertible Senior Notes Offering

Life360 announced the pricing of its offering of $275.0 million aggregate principal amount of 0.00% convertible senior notes due 2030.

Source: www.globenewswire.com
June 03, 2025 | 05:54:00
Category: News

Ress Life Investments A/S publishes Net Asset Value ( NAV ) .

Ress Life Investments Nybrogade 12 DK-1203 Copenhagen K Denmark CVR nr. ...

Source: www.globenewswire.com
June 03, 2025 | 05:59:00
Category: News

LiquidStack Unveils GigaModularâ„¢ Coolant Distribution Unit, the Industry's First Scalable, Modular CDU with a Future-Proof Platform for Scaling Cooling Capacity

CANNES, France, June 03, 2025 ( GLOBE NEWSWIRE ) -- LiquidStack, a global, full service leader in liquid cooling for data centers, today at Datacloud Global Congress unveiled its all-new GigaModularâ„¢ CDU -the industry's first modular, scalable Coolant Distribution Unit with up to 10MW cooling ...

Source: www.benzinga.com
June 03, 2025 | 06:00:00
Category: General

Dollar To Lose 75% of Its Buying Power In Next 10 Years? Rick Rule Says If 1970's Are An Indicator It Could Happen - BlackRock ( NYSE:BLK ) , SPDR Gold Trust ( ARCA:GLD )

Veteran investor, Arthur Richards Rule IV, better known as Rick Rule, is the latest expert to sound the alarm on the long-term stability of the U.S. Dollar, warning that decades of unchecked federal spending and unfunded liabilities could erode the greenback's purchasing power over the next decade.

Source: www.benzinga.com
June 03, 2025 | 04:08:32
Category: News

Russia's largest bank Sber offers up Bitcoin-linked bonds

Russia's largest commercial bank, Sber, launched a Bitcoin-linked bond product that's now trading on OTC markets and may soon be listed on the country's top stock exchange.

Source: cointelegraph.com
June 03, 2025 | 04:12:46
Category: News

Garry Tan Says Founders Must Build With Customers To Compete With Giants Like Salesforce, Oracle: 'You Can't Farm This Out' - Oracle ( NYSE:ORCL ) , Salesforce ( NYSE:CRM )

Y Combinator CEO Garry Tan believes startup founders can learn critical lessons from Palantir Technologies Inc. PLTR forward-deployed engineers ( FDEs ) to compete against enterprise software giants.

Source: www.benzinga.com
June 03, 2025 | 04:51:39
Category: Markets

ChatGPT User? Former OpenAI Researcher Andrej Karpathy Breaks Down Which Version Works Best For Each Task - Alphabet ( NASDAQ:GOOG ) , Alphabet ( NASDAQ:GOOGL )

On Monday, former OpenAI researcher Andrej Karpathy shared a practical breakdown of ChatGPT's various model versions, helping users understand which one to use based on their specific needs. What Happened: In a post on X, formerly Twitter, Karpathy said many users remain confused about ChatGPT ...

Source: www.benzinga.com
June 03, 2025 | 04:56:44
Category: News

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