Taiwan Semiconductor’s quarter renewed faith in AI stocks

CNBC’s Jim Cramer on Thursday suggested a strong quarter from Taiwan Semiconductor renewed Wall Street’s faith in artificial intelligence stocks, including industry leader Nvidia. “Taiwan Semi made mincemeat of the skeptics who’ve been doubting AI’s staying power,” he said. “They said something that we have only heard from Jensen Huang, CEO of Nvidia — the…

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Bull markets, bubbles and Swiftonomics

“It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness,” Charles Dickens famously wrote. That aptly captures the dislocation between political events and market action as we go into the next week. The U.S. government shutdown has stoked worries about its…

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China’s factory activity slumps more than expected in February as holiday disrupts production

A cargo ship is parked at a berth loading and unloading containers at the Lianyungang Port Container Terminal in Jiangsu Province, China on March 1, 2026. Cfoto | Future Publishing | Getty Images China’s factory activity faltered in February as manufacturers paused production and cargo shipment to celebrate an extended holiday, an official survey showed…

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Trump escalates Harvard feud

Happy Wednesday. July is flying! Before you know this, it will be time to break the latts of sweaters and pumpkin spices. In today’s issue: Trump ramps Harvard Fight 161 people are missing after Texas flood Jews worry about the victory of Democrat Mamdani Why did Trump delay Tariff by 1 August Orthodox Dhuan on…

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