Chip tensions Global chip stocks tumbled amid potentially tighter restrictions on U.S. exports to China and escalating geopolitical tensions. U.S.-listed shares of ASML and Taiwan Semiconductor Manufacturing Co plunged 12% and 8%, respectively. The declines followed a Bloomberg report that the Biden administration is weighing tougher restrictions on companies exporting technology to China. Nvidia shares slumped more than 6%, while Arm Holdings, Lam Research, Applied M...
$Nasdaq Composite Index(.IXIC.US)$plunged 2.8%, its worst performance in a year and a half, while$Dow Jones Industrial Average(.DJI.US)$hit a new high.$Russell 2000 Index(.RUT.US)$fell over 1%, marking its first drop in six days. Notably, this was the first time since 2001 that the Nasdaq dropped over 2.5% while the Dow gained, indicating ongoing capital rotation. Chip stocks plummeted, with the Philadelphia Semiconductor Index diving nearly 7%, marking the biggest drop for the most popula...
On Saturday, Donald Trump was shot at a campaign rally in Pennsylvania, which could be a key moment that completely disrupts the US election landscape this year. Following the incident, data from Polymarket shows that Trump's chances of winning the election have skyrocketed to 71%. After shooting, Bitcoin price briefly surpassed $63,000.$Trump Media & Technology(DJT.US)$surged over 70% in Mond...
U got Fomo : Why is that? Earnings are releasing soon and the only reason it would shoot up beforehand is due to anticipations