Circle Plunges Most Ever On Stablecoin Legislation, As Tether Prepares Full Audit

The Trump administration is close to launching a major attack on Iran as it continues a massive buildup of military forces in the Middle East, according to a report from Axios reporter Barak Ravid. Sources told Ravid that the potential US attack on Iran would likely be a massive multi-week operation, much bigger than the […]

Nvidia Supplier Hon Hai Sales Beat As Continued AI Demand Offsets Consumer Electronics Decline Nvidia’s server assembly partner Hon Hai Precision Industry reported a bigger-than-expected 40% jump in quarterly sales and said AI demand is growing further, according to Bloomberg.  Hon Hai’s revenue grew to NT$2.51 trillion ($79 billion) in the three months to June, beating the average of analyst estimates of NT$2.37 trillion. Demand for AI-related products drove sales, compensating for a slight decline in demand from consumer electronics and computing products, where soaring memory prices have resulted in widespread...