The recent tech selloff on Wall Street has had a significant impact on chip stocks in Asia, with major players such as Taiwan Semiconductor Manufacturing Company experiencing a sharp decline. The potential tighter export restrictions from the U.S. have further added to the woes of chip-related companies in the region. Asian chip stocks, especially Taiwan
Enterprise
Former U.S. President Donald Trump recently made controversial comments regarding Taiwan’s role in U.S. defense. Trump suggested that Taiwan should pay the U.S. for defense, insinuating that the country does not provide anything in return. This statement has sparked debate about the nature of the relationship between the U.S. and Taiwan. One of the points
ASML, a Dutch semiconductor company, recently reported second-quarter earnings and sales that exceeded expectations. The company’s net sales of 6.24 billion euros and net profit of 1.58 billion euros outperformed the LSEG consensus estimates. Despite a 9.5% decrease in net sales year-on-year and an 18.7% drop in net income, ASML’s performance was better than the
Craig Wright, the individual who famously claimed to be the inventor of bitcoin, has found himself in hot water as he was referred to British prosecutors for allegedly committing perjury. This decision was made by British High Court Judge James Mellor, who forwarded the case to the Crown Prosecution Service, the body responsible for prosecuting
The adoption of artificial intelligence (AI) is not limited to the tech sector; it is also making waves in the food industry. We can see this trend reflected in grocery stores and fast-food restaurants, where AI is being used in self-checkout kiosks and drive-thru ordering systems. These advancements are aimed at streamlining operations and reducing
Following the recent surge in bitcoin prices to a two-week high, investors have been flocking to crypto-related companies such as Coinbase, MicroStrategy, and Riot Platforms. The price of bitcoin has been on the rise ever since the attempted assassination of Donald Trump, with investors speculating that the Republican presumptive nominee may have a higher chance
Apple recently unveiled the iOS 18 public preview, giving users a sneak peek into the upcoming features and improvements set to launch alongside the new iPhones later this fall. One of the most anticipated additions to the iOS ecosystem is Apple Intelligence, an AI service that promises to revolutionize the way users interact with their
Elon Musk, the eccentric CEO of Tesla and SpaceX, shocked the world with his recent endorsement of Donald Trump on social media platform X. This declaration came moments after Trump was hurried off stage at a rally in Pennsylvania due to gunshots being fired. Musk expressed his full support for Trump and wished him a
When Brandon Fishman ran a discount on his vitamin-infused coffee for Target’s weeklong deals event, he wasn’t worried about how it would affect his business on Amazon. He certainly didn’t expect his sales there to “fall off a cliff.” Fishman was in for a rude surprise. During Target’s sales event this week, Amazon’s automated systems
The era of commercial space tourism is rapidly expanding with big players like SpaceX, Blue Origin, and Virgin Galactic already offering paid trips to space for eager customers. However, there are new startups emerging in this market, such as Zephalto, Space Perspective, and World View, that are looking to take tourists on a unique journey