TSMC Announces Up to 10% Price Hike for Advanced Chips Starting 2027
Analyst forecasts show Intel and Samsung struggling to close the gap on A16 and N2 technology.
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Genuine Parts Cuts Profit Forecast, Denies Takeover Rumors as Rivals Rise
Genuine Parts lowered its 2026 profit outlook amid weaker consumer demand. CEO Will Stengel denied rumors of a rival acquiring its automotive business.
Crypto Markets Rally as CLARITY Act Nears Senate Floor Vote After White House Ethics Breakthrough
Bitcoin and Coinbase surge after Bessent signals the CLARITY Act is close to passage. White House ethics agreement removes final hurdle ahead of August recess.
Apple Partners with Klarna for New “Apple Upgrade” Device Leasing Program
The program covers most iPhones, Macs, iPads, and Apple Watches.
Hasbro Raises Full-Year Outlook After Record Magic: The Gathering Quarter
Hasbro swung to a profit and raised its 2026 guidance after a strong second quarter led by Magic: The Gathering. Revenue jumped 16% to $1.14 billion, beating Wall Street estimates.
Utz Brands to Be Taken Private by Germany’s Intersnack Group in $2.9 Billion Deal
Utz will become privately held with 50/50 ownership alongside the Rice and Lissette founding family.