Tech and AI stocks declined on Wednesday, causing the Nasdaq and S&P 500 to drop sharply as investors reacted to potential new export controls under the Biden administration and comments on Taiwan by former President Donald Trump. The Dow Jones Industrial Average, which closed almost 750 points higher the day before, was flat on Wednesday.

The S&P 500 and Nasdaq tank as investors dump AI and tech stocks

Semiconductor companies have been powerful performers. There are lots of chip specialists besides Nvidia to learn about. Consider diversifying via one or more semiconductor-focused ETFs. Yes, Nvidia is one of them. But it's not the only semiconductor game in town. Semiconductors have long been vital to our lives, powering not...

7 Semiconductor Stocks That Could Make You a Millionaire

Billionaire Israel Englander sold Nvidia stock during the first quarter, while purchasing shares of Palantir and Super Micro Computer. Palantir is a recognized leader among AI/ML platform vendors, and Wall Street expects the company to grow earnings per share at 22% annually through 2026. Super Micro Computer is the market...

Billionaires Are Selling Nvidia Stock and Buying 2 Supercharged Artificial Intelligence (AI) Stocks Instead

Markets Insider

Chipmakers including Nvidia, TSMC and ASML were down on Wednesday as the Biden administration reportedly considers tighter China trade restrictions.

Nvidia and other chip stocks tumble on report the Biden administration is weighing tighter China trade restrictions

Donald Trump has said that Taiwan should pay the U.S. for defense. He also claimed Taiwan had taken "about 100%" of America's chip business, according to a Bloomberg report. CNBC's Arjun Kharpal breaks down Trump's comments and how the biggest U.S. companies have come to rely on Taiwan for the most advanced chips in the world.

Why American firms rely on TSMC to make their chips

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

The daughter of Dubai's ruler appears to have announced her divorce on social media. A post from the verified Instagram account of Sheikha Mahra bint Mohammed bin Rashid Al Maktoum said she was ending her marriage, and reads: "I hereby declare our divorce." The BBC has reached out to officials...

Instagram account of Dubai princess announces divorce

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Jack Black has said he’s cancelled the rest of the Tenacious D world tour after his bandmate Kyle Gass sparked an outcry with a comment about the assassination attempt on Donald Trump. The comedy rock group were on stage in Sydney, Australia, on Sunday when Gass was asked to...

Jack Black axes tour over bandmate's Trump comment

James Roddis is one of the most senior army officers to be court-martialled in the last 200 years.

Ex-Major General admits disgraceful conduct

Tiger Woods says he turned up at Royal Troon jaded after watching news of the assassination attempt on former US President Donald Trump on his flight.

Woods missed sleep over Trump assassination attempt

The court hears he hit his son-in-law in the head from behind.

Man, 71, jailed for meat cleaver attack

A drug commonly prescribed to thin blood can be repurposed as a cheap antidote to cobra venom, a team of scientists based in Australia, Canada, Costa Rica and the UK has discovered. Snakebites kill about 138,000 people a year, mostly in poorer rural areas in low- and middle-income countries in...

Common blood-thinning drug neutralises cobra venom

Pennsylvania State

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Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

The Yemeni Houthi rebels has released a video of an attack it claims to have carried out on an oil tanker in the Red Sea. The footage shows a small vessel approach, then collide with the left side of the ship, resulting in a large explosion. BBC Verify has confirmed...

Watch: Yemeni Houthi rebels attack oil tanker

Sniffer dogs in Ecuador have found 6.23 tonnes of cocaine hidden in a banana shipment, police say. The dogs alerted their handlers, who seized 5,630 parcels filled with a white substance that later tested positive for cocaine. The shipment was destined for Germany, officials said, and would have been worth...

Six tonnes of cocaine found in banana shipment

Reuters

SEOUL (Reuters) - South Korea's major chipmakers Samsung Electronics and SK Hynix fell 1.9% and 3.9%, respectively, on Thursday, following losses in global chip stocks. Wall Street's semiconductor index lost more than $500 billion in stock market value on Wednesday in its worst session since 2020 after a report said the United States was considering tighter curbs on exports of advanced semiconductor technology to China.

Samsung Elec, SK Hynix shares slide, tracking falls in global chip stocks

Indiana State

Franklin, IN

A wave of closures is hitting Pizza Hut, a pizza chain known for its iconic slanted-roof buildings, with 6,775 locations feeling the pinch in the tough restaurant industry landscape.

A well-known pizza chain with over 6K locations has begun closing some of its stores

TAIPEI (Reuters) -Taiwan should pay the U.S. for its defence as it does not give the country anything, Republican presidential candidate Donald Trump told Bloomberg Businessweek, sending shares of Taiwanese chip manufacturer TSMC lower on Wednesday.

Trump says Taiwan should pay for defence, sending TSMC stock down

NewsBreak

Chip stocks drop on fears US to toughen China rules

The sell-off came after a report that the US may further tighten rules on equipment exports to...

Chip stocks drop on fears US to toughen China rules

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