Global Markets Rattle as Chip Selloff Hammers South Korea While US Data Holds Steady
A Rough Week for Semiconductors South Korea’s stock market has been at the center of one of the most dramatic market stories of 2026. The KOSPI index fell as much as 8.95% on July 13, triggering a marketwide circuit breaker as semiconductor heavyweights SK Hynix…
TSMC Bets $265 Billion on America as AI Chip Profits Shatter Records
A Quarter for the History Books Taiwan Semiconductor Manufacturing Co. reported a 77.4% jump in second-quarter profit year-on-year, soaring past estimates as the world’s largest contract chipmaker continues to set consecutive record-breaking milestones. The announcement on Thursday, July 17, sent a clear message to the…
ASML Supercharges Its Forecast as AI Chip Hunger Reshapes the Semiconductor World
A Blowout Quarter Built on AI Ambition ASML, the world’s leading supplier of semiconductor manufacturing equipment, raised its financial outlook for 2026 after reporting stronger-than-expected second-quarter results, fuelled by surging global demand for artificial intelligence chips. The Dutch company didn’t just beat expectations — it…
Stripe and Advent Make Blockbuster $53 Billion Bid to Take Over PayPal
A Deal That Could Reshape Digital Payments Forever Payments company Stripe and private equity firm Advent International have made a joint offer to acquire PayPal Holdings Inc. for $60.50 per share, in a deal that would value the payments company at more than $53 billion….
America’s Biggest Banks Just Crushed Earnings Expectations Across the Board
A Historic Morning on Wall Street It was a morning Wall Street won’t soon forget. On Tuesday, July 14, all five of America’s largest banks — JPMorgan Chase, Goldman Sachs, Bank of America, Citigroup, and Wells Fargo — reported their second-quarter 2026 earnings simultaneously before…
Why Fear Is the Worst Reason to Claim Social Security Early
The 2032 Deadline Driving a Social Security Panic As anxiety mounts over the projected 2032 depletion of the Social Security Old-Age and Survivors Insurance (OASI) Trust Fund, a viral online trend is urging Americans to claim their retirement benefits as early as age 62. It’s…
The World’s Biggest Chipmaker Just Broke Records and AI Is Why
A Record Quarter Fueled by Artificial Intelligence Taiwan Semiconductor Manufacturing Co. reported record second-quarter revenue as demand for chips used in artificial intelligence systems lifted sales to levels the company has never seen before. TSMC’s revenue in the three months to June 30 rose 36%…
US-Iran Airstrikes Rattle Global Markets and Send Oil Prices Surging
A Fragile Peace Shattered Over the Strait of Hormuz Just when global energy markets had begun to breathe a sigh of relief, the U.S.-Iran conflict roared back to life. Oil prices had recently slipped back to the levels seen before the war with Iran began,…
Oil Prices Could Spike to $90 as Hormuz Crisis Leaves World Dangerously Undersupplied
Global oil supplies are under growing pressure as stockpiles continue to shrink and demand is expected to climb. The situation puts the Trump administration in a difficult position regarding the strategically critical Strait of Hormuz, through which a significant portion of the world’s oil flows, with limited time to prevent a potential energy crisis.
Aldi’s $9 Billion Bet on America Is Reshaping Where You Buy Groceries
A Discount Giant Plants Its Flag in Manhattan A jar of almond butter for under $4 might not sound revolutionary — until you consider where it’s being sold. On June 19, Aldi opened its first-ever Midtown Manhattan location, a 25,000-square-foot discount store at 311 West…
