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TSMC CEO Sees Continued AI Boom Driving Chipmaker Growth in Coming Years
The global semiconductor industry is entering a new phase of growth, and TSMC is positioned at the center of this transformation. The world’s largest contract chipmaker expects the artificial intelligence revolution to continue driving demand for advanced semiconductors for many years. Recent comments from CEO C.C. Wei highlight the company’s confidence in the future of…
Asia FX Holds Steady Following Selloff Triggered by Dollar Strength and Middle East Risks
Asia FX markets steadied on June 4, 2026, after a bruising stretch driven by dollar strength and renewed Middle East escalation. The US Dollar Index (DXY) traded near 99.00 heading into the June 3–4 session, after hotter-than-expected JOLTs job openings data cemented a higher-for-longer rate outlook at the Federal Reserve. That macro backdrop kept pressure…
TSMC Limited Sees Stake Increase: Avestar Capital LLC Adds 1,164 Shares, Up 10.5% in Q4
Institutional investors continue to show strong confidence in Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s most important chipmakers. During the fourth quarter of 2025, Avestar Capital LLC increased its stake in the company by 10.5%, adding 1,164 shares to its portfolio. The move comes as demand for AI-powered technologies and advanced semiconductors keeps…
Nifty 50 EPS Cuts: Cipla, L&T, Adani Enterprises & Adani Ports Among 31 Downgraded Stocks in FY27 Forecast
Earnings expectations for India’s top companies are facing fresh pressure. In May 2026, analysts lowered FY27 earnings-per-share (EPS) forecasts for 31 of the 50 companies in the Nifty 50 index, highlighting growing concerns about profit growth across key sectors. Major names such as Cipla, L&T, Adani Enterprises, and Adani Ports were among those affected. The…
Partners Group Shares Plunge 17% on Fund Redemption Cap, June 04
Partners Group caps redemptions at $8.6B fund after 9.8% withdrawal requests, triggering 5% quarterly limit and 17% share decline.
Best Stocks to Focus Today: Adani Enterprises ₹2,952.50, Infosys, IndiGo, Vedanta & Canara Bank in News
Indian markets remain stock-specific as investors react to fresh corporate developments, fundraising plans, regulatory updates, and business expansion news. While the Nifty 50 closed near 24,620 and the BSE Sensex ended above 80,950 in the previous session, traders are focusing on companies with immediate triggers that could influence near-term price action. The biggest names attracting…
CMR Green Technologies IPO Subscription Day 2: Rs 631 Cr, GMP Rs 252 Expected
The IPO of CMR Green Technologies is attracting strong market attention as it moves into its second day of subscription. We are seeing solid demand from investors across categories. On Day 2, the issue has already generated around ₹631 crore worth of bidding interest, showing clear momentum in the market. At the same time, the…
XRP USD Drops 0.36% Daily: XRPUSD at $1.1843
XRP USD falls 0.36% to $1.1843 with oversold RSI at 29.17. Market cap $72.8B. Technical analysis and price forecast included.
TPG Capital Boss Arrested After Refusing Breath Tests, June 04
TPG Capital co-head Joel Thickins arrested after BMW crash into five cars and refusing breath tests in Sydney. Court date: June 30.