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Bloomberg41d agoneutral
Xi to Debut at China’s Flagship AI Summit as US Rivalry Heats Up

(Bloomberg) -- Chinese President Xi Jinping will make his first appearance at the country’s flagship AI conference, signaling the growing importance Beijing attaches to the technology as its rivalry with the US intensifies.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Hormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleTrump Embraces Australian Retirement System Backed by Larry FinkUS

US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom
Simply Wall St.41d agoneutral
US Stock Market Today: S&P 500 Futures Rise As Inflation Cools And Earnings Loom

The Morning Bull - US Market Morning Update Monday, Jul, 13 2026 US stock futures are pointing higher this morning, with E-mini S&P 500 contracts up about 0.4%, as investors digest a mix of cooling inflation and uneven growth signals abroad. Softer price data in countries like France, where inflation sits at 1.8%, suggests global cost of living pressures are easing, which can take some pressure off central banks to keep lifting interest rates. At the same time, weaker industrial output in...

Elevance and UnitedHealth Earnings Are Next Test for Hot Health Insurer Stocks
Barrons.com41d agoneutral
Elevance and UnitedHealth Earnings Are Next Test for Hot Health Insurer Stocks

After a rocky start to the year, health insurer stocks have roared back. The insurers are trying to end a difficult cycle that began about three years ago, when healthcare use, and the costs to cover it, accelerated postpandemic. The fund’s top 10 holdings encompass six health insurers, three of which— UnitedHealth Group Aetna parent CVS Health and Elevance Health —comprise more than 40% of the fund.

TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations
Reuters41d agoneutral
TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations

TSMC, the world's ‌largest contract chipmaker, ‌reported on Monday second-quarter ​revenue of 1.27 trillion Taiwan dollars ($39.63 billion), beating market ‌expectations and ⁠rising 36% from a year ⁠earlier on surging interest in artificial ​intelligence applications. An ​LSEG ​SmartEstimate, drawn ‌from 20 analysts, had expected revenue in the April-to-June quarter of 1.264 trillion Taiwan ‌dollars. Taiwan Semiconductor ​Manufacturing Co (TSMC) ​is ​a major ‌supplier to companies including ​Nvidia ​and Apple.

TSMC to add 2 advanced chip packaging plants in Chiayi, Taiwan minister says
Reuters41d agoneutral
TSMC to add 2 advanced chip packaging plants in Chiayi, Taiwan minister says

Taiwan Semiconductor Manufacturing Co (TSMC) will add two ‌advanced chip packaging plants in the ‌Chiayi Science Park, the island's science and technology minister ​said on Sunday. Located in southern Taiwan, the Chiayi Science Park is being developed as one of TSMC's major advanced chip-packaging hubs. TSMC's first ‌advanced chip packaging ⁠plant at the Chiayi Science Park has already entered mass production and ⁠its second plant is expected to begin mass production soon, National Science and Technology ​Council Minister ​Wu Cheng-wen said ​at a groundbreaking ceremony.

Goldman Sachs turns bearish on Barbie maker
TheStreet41d agoneutral
Goldman Sachs turns bearish on Barbie maker

Wall Street has spent most of 2026 losing patience with Mattel (MAT), and Goldman Sachs just made that clear. The firm downgraded the toy giant to its lowest rating and set a price target below where the stock currently trades. For the company behind Barbie and Hot Wheels, this is a tough ...

Samsung Electronics to move up start of chip factory in Yongin to 2029, source says
Reuters41d agoneutral
Samsung Electronics to move up start of chip factory in Yongin to 2029, source says

Samsung Electronics aims ‌to bring ‌forward operation of its ​chip fabrication site in the city of Yongin, south of ‌Seoul, ⁠to 2029 from 2030-2031, as the ⁠chipmaker seeks to keep up ​with surging ​demand ​for memory ‌chips used in AI infrastructure, a source told Reuters on Monday. Samsung did not ‌immediately respond ​to Reuters' ​request ​for comments. Yonhap ‌News Agency first ​reported ​about the change of the plan ​on ‌Sunday.

The Quarter-Trillion-Dollar Onslaught of AI Bonds Is Testing Investors’ Limits
The Wall Street Journal41d agoneutral
The Quarter-Trillion-Dollar Onslaught of AI Bonds Is Testing Investors’ Limits

Wall Street is sending a message to tech companies engaged in a historic borrowing spree to fund investments in artificial-intelligence infrastructure: for pity’s sake, please slow down. Over the past several weeks, the investment-grade corporate bond market has struggled to absorb a combined $75 billion of bond issuance from Nvidia SpaceX and Amazon.com That marks a shift from earlier in the year, when investors were generally happy to hand money to so-called AI hyperscalers by any possible means. While Nvidia and SpaceX were able to borrow at reasonably low interest rates, their newly issued bonds quickly slumped in the secondary market, disappointing investors who often like to flip such bonds.

Palantir CEO has a blunt verdict on OpenAI and Anthropic
TheStreet41d agoneutral
Palantir CEO has a blunt verdict on OpenAI and Anthropic

Palantir posted the highest revenue growth rate in its history in the first quarter of fiscal year 2026. U.S. commercial revenue jumped 133%. The company raised its full-year guidance by 10 points. By any operational measure, things are going well. And yet Alex Karp walked onto CNBC's Squawk Box ...

Bloomberg41d agoneutral
Traders Grapple With World That’s Good for Dollar, Bad for Bonds

(Bloomberg) -- What’s good for the US dollar isn’t always good for US bonds — but investors are finding ways to work around it.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71OpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleUS Launches Fresh Iran Strikes as Tehran Declares Hormuz ClosedHormuz Route Open Despite Iran Declaration, Maritime Group SaysGates Heir’s Shopping App Claimed Sales It Didn’t DriveEven as the greenback draws support from a r

Michael Burry sends strong warning on AI development path
TheStreet41d agoneutral
Michael Burry sends strong warning on AI development path

Michael Burry has been posting "The end is nigh" on his Substack. He quoted the Joker from Tim Burton's Batman: "Dancing with the devil in the pale moonlight." He called AI enthusiasm "mass addiction" and predicted it "may die a death by a thousand cuts." He shorted Micron at $1,051.87 on July 1 ...

Nvidia partner sued over five critical products
TheStreet41d agoneutral
Nvidia partner sued over five critical products

Navitas Semiconductor (NVTS) built its 2026 comeback around AI data centers, and those who bought into its business are now watching it fight a major legal battle. NVTS shares had climbed sharply this year because of the company's shift into high-power chips for AI server racks. However, ...

Big banks kick off Q2 earnings, June CPI offers inflation insights: What to watch this week
Yahoo Finance Video41d agoneutralVIDEO
Big banks kick off Q2 earnings, June CPI offers inflation insights: What to watch this week

Yahoo Finance's Brooke DiPalma takes a closer look at the top stories for investors to watch this week, including the latest CPI reading and quarterly earnings reports from Netflix (NFLX), Taiwan Semiconductor Manufacturing Company (TSM), JPMorgan (JPM), Bank of America (BAC), Wells Fargo (WFC), Goldman Sachs (GS), Citigroup (C), and Morgan Stanley (MS).

Dollar General offers retro prices
TheStreet41d agoneutral
Dollar General offers retro prices

Dollar General has seen growth in a key customer area, driven by the challenging economy. Citigroup analyst Paul Lejuez asked about those wealthier customers during the chain's first-quarter earnings call. "You talked a bit about the trade-in customer in the $100,000-plus range. We hear a lot of ...