noted//@tanpp2307:Replying to @pekss:https://tigr.link/oioSw?invite=KHGQFF&platform=iOS&shareID=adb0b694422913d4b67b4d90e2d9cc6a&utm_source=invite&utm_campaign=20221031201028&utm_medium=copy Pls help to cheer on! Thanks much!//@pekss: @SR050321 Happy New Year! Wishing you good health and prosperity in 2023! Please help to cheer for me :) Thanks! https://tigr.link/oi3CU?invite=GYB806&platform=iOS&shareID=8247280aa1f229c332ea5f34d53005fd&utm_source=invite&utm_campaign=20221031201028&utm_medium=copy

noted

TSMC to up Arizona investment to $40 billion with second semiconductor chip plant. The investment by TSMC is one of the largest foreign investments in U.S. history, and the largest in the state of Arizona. Semiconductor chips are used in everything from computers and smartphones to cars, microwaves and health-care devices. Once the plants open, they will produce enough chips to meet the U.S. annual demand. The announcement comes in wake of the passage of the CHIPS and Science Act which was signed into law in early August. President Joe Biden is joining the founder of Taiwan Semiconductor Manufacturing  Co. on Tuesday to announce the opening of the company’s second chip plant in Arizona, raising its investment in the state from $12 billion to $40 billion. The company will also announce

Asia-Pacific markets mixed; Beijing eases some Covid measures. Shares in the Asia-Pacific were mixed on Tuesday after Wall Street sold off overnight on fears that the Fed will keep increasing interest rates. Hong Kong’s Hang Seng index was 0.75% lower in the final hour of trade, with the Hang Seng Tech index declining 2.04% – despite Beijing easing some Covid test requirements for the city. Markets rallied on reopening hopes on Monday. 

Trump snubs Twitter after Musk announces reactivation of ex-president’s account. Donald Trump on Saturday said he had no interest in returning to Twitter even as a slim majority voted in favor of reinstating the former U.S. President, who was banned from the social media service for inciting violence, in a poll organized by new owner Elon Musk. Slightly over 15 million Twitter users voted in the poll with 51.8% voting in favor of reinstatement. “The people have spoken. Trump will be reinstated,” Musk tweeted. Trump’s Twitter account, which had over 88 million followers before he was banned on Jan. 8, 2021, began accumulating followers and had nearly 100,000 followers by 10pm ET Saturday. Some users initially reported being unable to follow the reinstated account on Saturday evening. Trump

FTX will sell or restructure global empire, CEO says. FTX’s new CEO said on Saturday that the bankrupt crypto exchange is looking to sell or restructure its global empire. “Based on our review over the past week, we are pleased to learn that many regulated or licensed subsidiaries of FTX, within and outside of the United States, have solvent balance sheets, responsible management and valuable franchises,” FTX chief John Ray, said in a statement. Ray’s statement came with a flurry of Saturday morning filings in Delaware bankruptcy court. In those filings, FTX asked for permission to pay outside vendors, consolidate bank accounts, and establish new ones. The exact timing of a possible sale is unclear. FTX indicated that it has not set a specific timetable for the completion of this process a

S&P 500 closes higher on Friday, but ends week with losses. The major averages ticked higher in afternoon trading Friday to end the day on an upbeat note as investors assessed tougher language from Federal Reserve speakers and pored over the latest earnings reports. The Dow Jones Industrial Average rose 0.59%, to 33,745.69, while the S&P 500 climbed 0.48% to 3,965.34. The Nasdaq Composite finished just 0.01% above the flat line at 11,146.06. All of the major averages posted losses for the week. The Dow ended 0.01% lower. The S&P 500 lost 0.69% for the week, while the Nasdaq ended 1.57% lower. All three indexes are positive for the month, however. The market was divided for much of the day, with the S&P 500 trading mostly flat as investors started to reset expectations

FTX Employees Used Company Funds to Buy Homes in the Bahamas. There were no expense controls for employees whose expenses were approved by chat with personalized emojis, according to the new CEO.  The news will cause unprecedented anger among customers of FTX, which filed for bankruptcy on November 11.  TALLhe cryptocurrency exchange, which was still valued at $32 billion in February, imploded overnight.  This debacle is spreading to other cryptocurrency exchanges. Regulators have opened investigations. FTX clients and investors began to establish their losses. It is not certain that they will recover their money. To help them understand what happened, John Ray, the liquidator of energy broker Enron, has just painted a picture of founder Sam Bankman-Fried's empire and how it

Stock futures rise as investors assess the prospect of higher interest rates. Stock futures rose Friday as investors continued evaluating earnings reports and tougher language from Federal Reserve speakers. Futures tied to the Dow Jones Industrial Average climbed 0.2%. The S&P 500′s futures traded higher by 0.4%, while Nasdaq-100 futures advanced 0.5%. Friday’s moves come after a down session on Wall Street after comments from Federal Reserve officials raised concern over tighter U.S. monetary policy. St. Louis Federal Reserve President James Bullard said Thursday that “the policy rate is not yet in a zone that may be considered sufficiently restrictive.” He suggested that the appropriate zone for the federal funds rate could be in the 5% to 7% range, which is higher than what the mark

S&P 500 closes lower after Target’s warning drags on retail stocks, Nasdaq falls 1.5%. Stocks fell on Wednesday as investors weighed a gloomy holiday quarter update from Target that pressured retail stocks. The S&P 500 ended the day down 0.83% at 3,958.79, and the Nasdaq Composite shed 1.54% to 11,183.66. The Dow Jones Industrial Average wrestled with the flat line all day, but finished down 0.12% at 33,553.83. “A volatile earnings season for retail is forcing investors to be picky and particular on their retail exposure as the gap between big box retail and specialty retail continues to widen,” said Jeff Kilburg, founder and CEO of KKM Financial. Brian Levitt, global market strategist at Invesco, called it a mixed picture, noting that retail data released earlier in the day was at