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TSMC (NYSE: TSM) pulled in NT$467.58 billion, or about $14.5 billion, in July, putting sales 44.7% above the same month in 2025. The Taiwanese chipmaker released the figure Monday as AI hardware orders kept feeding its factories. TSMC manufactures semiconductors for firms like Nvidia (NASDAQ: NVDA) and Google (NASDAQ: GOOGL), belonging to Alphabet. This customer...
BlackRock (NYSE: BLK), Goldman Sachs (NYSE: GS), Apollo Global Management (NYSE: APO), Blackstone (NYSE: BX), Brookfield Asset Management (NYSE: BAM) and KKR (NYSE: KKR) are lining up with Nvidia (NASDAQ: NVDA) for a giant new round of AI spending that could eventually reach $500 billion. According to the Financial Times, the collaboration is expected to...
USD/JPY climbed to 158.93 on Monday, its highest level this month. Just 10 days ago, Japan’s nearly $88 billion yen intervention had dragged the pair down from 164.The yen is once again August’s weake
JPMorgan raised its year-end S&P 500 target to 8,000 on Monday, and research firm CFRA now sees 8,050. A new stock market risk is forming beneath the cheer, as investors abandon their downside hedges.
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