ASML and Taiwan Semi Prep for Potential China-Taiwan Conflict with Remote Shutdown Feature
ASML and TSMC can remotely shut down chipmaking machines if China invades Taiwan, raising concerns due to Taiwan's role in global production.
Crypto Market Rallies As SEC Reportedly Moves Forward With Ether ETF Process
The prices of cryptocurrencies surged on Monday evening as new details emerged about the Securities and Exchange Commission advancing the process for the first U.S. exchange-traded funds holding Ethereum (CRYPTO: ETH).
Treasury Secretary Yellen Rejects Global Billionaire Tax: Big Relief For Elon Musk, Jeff Bezos, Bill Gates And Mark Zuckerberg
The U.S. has rejected proposed global wealth tax on billionaires, citing concerns and stating that it cannot support such an initiative.
China Strikes Back At Biden’s Tariffs With New Investigation Into Plastics Imports: 6 Stocks Caught In Crossfire
China launches anti-dumping probe on plastics from US and EU, possibly as retaliation for Biden's recent tariffs. Chemical companies affected include Celanese, BASF, DuPont, Mitsubishi, Asahi Kasei, and SABIC.
Ron DeSantis Will Accept ‘Will Of The People’ If We Choose Cannabis Legalization In Florida’s Nov. Ballot, Says Trulieve CEO Kim Rivers
Kim Rivers has attended nearly every Benzinga Cannabis Capital Conference and will likely join us again in Chicago this Oct. 8-9.
Cannabis Chart Of The Week: Are Ancillary Sectors Participating In The Rescheduling Price Upswing?
The graph depicts the stock price performance of baskets of stocks in six different cannabis industry subsectors. Each basket consists of the top four or five U.S. companies in each group. The stocks in each basket are equally weighted, and the basket prices are indexed so that August 25, 2023 (the Friday before the HHS announcement) equals 100.
Cannabis Rescheduling: When Will It Happen? Expert Lays Out Timeline, Risks And Wild Cards
The Department of Justice (DOJ) confirmed that it has started the formal rulemaking process to reclassify cannabis to Schedule III. This significant step reinforces the positive outlook for cannabis stocks.
Tesla Seat-Belt Scare Over? NHTSA Closes Year-Long Model X Probe After Recall Of Nearly 16K EVs
The complainants alleged that the front seat beats suddenly detached from the outboard lap pretensioner anchor while the vehicle was moving.
Elon Musk Counts ‘Amazing’ President Joe Biden Among Tesla ‘Naysayers’ Who Wish To See The EV Maker Go Bankrupt
Tesla's fundamental woes and strategic missteps have earned the company detractors, and Musk expressed his displeasure over it.
China Goes All In As Beijing Vows To Buy Unsold Properties: Chinese Stocks Rally, Copper Hits All-Time Highs
China announces aggressive measures to boost property market, including easing mortgage rules and urging local governments to purchase unsold homes. Stocks and commodities tied to China rally in response to the news.