UBS: TSMC's 'Surprise CapEx Hike' Reinforces Confidence In AI Supply Chain

Iran Halts All Petrochemical Exports After US Publishes Radio Warning To Stuck Hormuz Ships; Negotiators Cite 'Progress' Toward 2nd Round Of Talks Summary The Iran war is "very close to over" with authorities in Tehran eager to agree a peace deal, Trump says, adding: "We've beaten them militarily." Axios cites 'progress' toward framework to end war. Iran state media says halt to all petrochemical exports. AP/Bloomberg reporting the two sides have an "in principle agreement" to pursue further diplomacy; however, this is batted down as 'unconfirmed' by Tehran & a US official. The...

Heavily Shorted Wendy's Soars After New CFO, Reddit Traders Pile In To Save Burger Chain Heavily shorted Wendy's shares jumped as much as 22% in premarket trading on Wednesday, as a management shakeup and a surge of WallStreetBets activity around the struggling fast-food chain appeared to trigger a retail-driven squeeze. The stock surge followed Wendy's appointment of former Potbelly CFO Steve Cirulis as CFO and chief strategy officer, as part of new CEO Robert Wright's turnaround effort for the fast-food chain, after shares had sunk 25% as of Tuesday's close. Before joining...