$Broadcom (AVGO.US)$ White House: Stock market plunge is not as ‘meaningful’ as business activity
Published Mon, Mar 10 20257:31 PM EDTUpdated 4 Hours Ago
Kevin Breuninger@KevinWilliamB
The Trump administration is downplaying the weeks long stock market sell-off, chalking it up to “animal spirits.”
A White House official insisted that recent moves from business leaders indicate a rosier picture of what’s in store for the U.S. economy.
Two separate...
Published Mon, Mar 10 20257:31 PM EDTUpdated 4 Hours Ago
Kevin Breuninger@KevinWilliamB
The Trump administration is downplaying the weeks long stock market sell-off, chalking it up to “animal spirits.”
A White House official insisted that recent moves from business leaders indicate a rosier picture of what’s in store for the U.S. economy.
Two separate...
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$Moderna (MRNA.US)$ March 5 - Pfizer (PFE.N), opens new tab and BioNTech (22UAy.DE), opens new tab won a round in their legal battle with Moderna (MRNA.O), opens new tab over COVID-19 vaccine patents on Wednesday, convincing a U.S. Patent Office tribunal that two patents Moderna accused them of infringing were invalid.
The Patent Trial and Appeal Board agreed with Pfizer and its German partner tha...
The Patent Trial and Appeal Board agreed with Pfizer and its German partner tha...
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$Nucor (NUE.US)$ I thought the US steel industry will be bullish from the 25% tariff. But, it seems like the Taiwanese steel Mills are benefiting as their stock prices all soar for the past 2 days, whereas the US firms are falling. I cannot comprehend.
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$Taiwan Semiconductor (TSM.US)$ China's Deepseek AI is built on Nvidia H800 chips and matched the performance of the other AI models in the USA using more advanced chips like H200 Blackwell. CNBC reported that Deepseek R1 cost below $6m to build versus the hundreds of millions spent by US firm like Chat GPT, Google and META. This caused the tech sell off today.
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$Mercury General (MCY.US)$ I read from Seeking Alpha article that at Mercury General (MCY) saw its stock fall the most last week of any financial stock, dropping 26%, after the insurer said it expects losses from the fires to exceed its reinsurance retention level.
What exactly does this means? The company lack money for payout?
What exactly does this means? The company lack money for payout?
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$Taiwan Semiconductor (TSM.US)$ if China ban export to Taiwan, then it will cause a negative impact.
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$PDD Holdings (PDD.US)$ Reproduce the situation at Target Supermarket.
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