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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…
MCX Gold Rises to Rs. 1,58,930 as Weaker Dollar and Falling Oil Prices Boost Bullion Demand
Gold prices gained fresh momentum on June 4, 2026, as MCX Gold climbed to Rs. 1,58,930 per 10 grams. The rally comes at a time when the US dollar has weakened and crude oil prices have moved lower, boosting demand for safe-haven assets. Investors are closely watching global economic signals and market uncertainty, which continue…
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.
Meta Delays New AI Model Release Multiple Times as Development Challenges Persist, WSJ Reports
Meta’s ambitions in artificial intelligence have hit another speed bump. According to a June 2026 Wall Street Journal report, the company has delayed the release of its new AI model API several times as engineers work through technical and performance challenges. The setback comes at a critical moment, with competition from OpenAI, Google, and Anthropic…
Sensex Falls 400 Points, Nifty 50 Opens at 23,282 as Trent and Eicher Motors Lead Losses
The Indian stock market started Thursday’s session on a weak note as the Sensex slipped more than 400 points, while the Nifty 50 opened at 23,282. Investors remained cautious due to continued foreign fund outflows, mixed Asian market trends, and elevated crude oil prices. Market sentiment also remained sensitive to global geopolitical developments. Sensex Opens…
Market Live: Sensex 74,351.45 (+5.28) Flat at 0.0071% Amid Weak Global Signals, Nifty Opening Pressure Expected
India’s stock market opened on a cautious note as the Sensex hovered near 74,351 on June 4, 2026, while the Nifty faced pressure from weak global cues. Investors remained watchful ahead of key economic developments, including the RBI’s policy outlook and foreign fund activity. Rising crude oil prices and global uncertainty also added to market…