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EXCLUSIVE-TSMC pitched Intel foundry JV to Nvidia, AMD and Broadcom, sources say
TSMC would take a stake of no more than 50% in joint venture operating Intel foundries-sourcesTalks are at an early stage-sourcesQualcomm has also received TMSC's pitch-sourcesBy Fanny Potkin, Milana Vinn and Wen-Yee Lee SINGAPORE/NEW YORK/TAIPEI, March 12 (Reuters) - TSMC 2330.TW has pitched...Reuters
Wed, Mar 12
Stocks
Baltic index hits 15-week high as rates of all vessel sizes rise
March 12 (Reuters) - The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a 15-week peak on Wednesday as rates rose across all vessel segments.* The main index .BADI, which factors in rates for capesize, panamax and supramax shipping...Reuters
Wed, Mar 12
Other
Street View: Uncertainty over consumer spending weighs on Dick's Sporting annual outlook
** Retailer Dick's Sporting Goods DKS.N annual sales and earnings forecast missed analysts' estimate on Tuesday, amid a "dynamic macroeconomic environment"** Shares fell nearly 2% in early trading on Wednesday** At least six brokerages cut PT on stock after resultsCONCERNS OVER CONSU...Reuters
Wed, Mar 12
Other
Democratic US Senator Shaheen says she will not seek reelection in 2026
March 12 (Reuters) - Democratic U.S. Senator Jeanne Shaheen announced on Wednesday that she will not seek re-election in 2026, saying it was "just time" in a video posted online by Punchbowl News. "There are urgent challenges ahead, both here at home and around the world and while I am n...Reuters
Wed, Mar 12
Cryptocurrencies
Crypto Bull Run Isn’t Over—It’s Just Changing, Says Analyst
In a period marked by extraordinary polarization, market participants find themselves torn between two opposing camps: one steadfastly predicting that the current dip is merely a setup for an impending altcoin rally, and the other resolute that the broader crypto bull run has already reached its con...NewsBTC
Wed, Mar 12
Stocks
Is Google Stock a Losing Bet or the Best Opportunity?
In this video, I will talk about the recent updates regarding Alphabet (NASDAQ: GOOGL). Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of March 11, 2025. The video was published on March 11, 2025.Where to...The Motley Fool
Wed, Mar 12
Stocks
If You Put Just $100 in Your IRA Every Month for 15 Years, You Could Have This Much Cash by Retirement
I love modeling how small sums invested regularly can snowball into huge sums over time. Why? Because it's so true -- it can really happen to you.Let's review some scenarios. The table below shows what happens if you invest just $1,200 per year (that's $100 per month) in an IRA. While the stock mark...The Motley Fool
Wed, Mar 12
Other
Democratic lawmakers slam Pentagon for scrapping climate studies
WASHINGTON, March 12 (Reuters) - Democratic lawmakers slammed President Donald Trump's administration for canceling U.S. military studies on the impact of climate change, saying the move jeopardizes national security by ignoring climate-related risks at home and abroad.Scientists say climate cha...Reuters
Wed, Mar 12
Stocks
Solo Brands falls on going-concern doubts
** Outdoor products company Solo Brands' DTC.N shares down 40% at 38 cents** Company discloses going-concern doubts and is evaluating refinancing strategies ** Co posts Q4 net sales decrease of 13.2% to $143.5 million, misses estimates of $162.1 million, according to data compiled by LSEG** "...Reuters
Wed, Mar 12
Other
Lipocine to change FDA labeling for testosterone products
March 12 (Reuters) - Lipocine Inc LPCN.O:LIPOCINE ANNOUNCES FDA LABELING CHANGES FOR TESTOSTERONE PRODUCTSLIPOCINE: FDA RECOMMENDED BOXED WARNING RELATED TO INCREASED RISK OF ADVERSE CARDIOVASCULAR OUTCOMES BE REMOVED FROM LABELS OF TESTOSTERONE PRODUCTSLIPOCINE: FDA IS ALSO REQUIRING ALL LABELS TO ...Reuters
Wed, Mar 12
Commodities
CORRECTED-US Commerce chief says nothing will stop metals tariffs, will add copper protections
WASHINGTON, March 12 (Reuters) - U.S. Commerce Secretary Howard Lutnick said nothing would stop President Donald Trump's expanded 25% tariffs on steel and aluminum until U.S. domestic production is strengthened, and that Trump will add copper to his trade protections.Lutnick also told Fox Busine...Reuters
Wed, Mar 12
Other
REFILE-Judge to hold hearing over Columbia student protester's challenge to arrest
Judge to hear Khalil's case on deportation challengeKhalil's arrest linked to pro-Palestine activism, lawyers argueTrump administration accuses Khalil of Hamas support without evidenceBy Luc Cohen NEW YORK, March 12 (Reuters) - A U.S. judge on Wednesday will hold a hearing over a Columbia...Reuters
Wed, Mar 12
Other
INSTANT VIEW-Bank of Canada cuts benchmark rate by 25 basis points
TORONTO, March 12 - The Bank of Canada on Wednesday lowered its benchmark interest rate by 25 basis points to 2.75%. MARKET REACTION: CAD/LINK: https://www.bankofcanada.ca/2025/03/fad-press-release-2025-03-12/ COMMENTSDEREK HOLT, VICE PRESIDENT OF CAPITAL MARKETS ECONOMICS, SCOTIABANK"...Reuters
Wed, Mar 12
Other
Iqstel Announces Strategic Sale Of Itsbchain Subsidiary, Plans To Distribute Stock Dividend To Shareholders As Part Of Nasdaq Uplisting Strategy
March 12 (Reuters) - Accredited Solutions Inc ASII.PK:IQST - IQSTEL ANNOUNCES STRATEGIC SALE OF ITSBCHAIN SUBSIDIARY, PLANS TO DISTRIBUTE STOCK DIVIDEND TO SHAREHOLDERS AS PART OF NASDAQ UPLISTING STRATEGYReuters
Wed, Mar 12
Stocks
This Artificial Intelligence (AI) Stock Has Surged 1,000% Over the Past 2 Years. Is a Split on the Horizon?
Memories can become short when markets get turbulent. Palantir Technologies (NASDAQ: PLTR) was at an all-time high less than a month ago, but has quickly tumbled approximately 30% since its peak as the broader Nasdaq Composite has entered a correction. But if you zoom out, the stock is up about 1,00...The Motley Fool
Wed, Mar 12
Other
Automotive Properties REIT completes acquisition of Tesla Collision Center Property in Ohio
March 12 (Reuters) - Automotive Properties Real Estate Investment Trust APR_u.TO:AUTOMOTIVE PROPERTIES REIT COMPLETES ACQUISITION OF TESLA COLLISION CENTER PROPERTY IN COLUMBUS, OHIO FOR A PURCHASE PRICE OF US$17.8 MILLIONFurther company coverage: [APR_u.TO]Reuters
Wed, Mar 12
Stocks
LCI Industries dips after $400 mln convertible debt offering
** Shares of auto parts firm LCI Industries LCII.N down 0.3% at $91.15 early Weds after co secures capital raise** Indiana-based co, which supplies engineered products to the RV market, late Tues announced $400 mln 3% convertible bonds (CBs) due 2030** Initial conversion price of $116.62 is 27.5% pr...Reuters
Wed, Mar 12
Other
Vera Bradley Q4 Operating Income USD -23.324 Million
March 12 (Reuters) - Vera Bradley Inc VRA.O:VERA BRADLEY Q4 NET INCOME USD -46.973 MILLIONVERA BRADLEY Q4 OPERATING INCOME USD -23.324 MILLIONVERA BRADLEY Q4 EPS USD -1.69VERA BRADLEY Q4 BASIC EPS USD -1.69VERA BRADLEY Q4 PRETAX PROFIT USD -23.265 MILLIONVERA BRADLEY Q4 REVENUE USD 99.964 MILLIONVER...Reuters
Wed, Mar 12
Other
'Pokemon Go' maker Niantic to sell game division to Saudi-owned Scopely for $3.5 billion
March 12 (Reuters) - Niantic Labs said it would sell its video-game division to Saudi Arabia-owned Scopely for $3.5 billion, as the U.S. augmented reality firm shifts focus to geospatial technology after failing to recreate the success of its 2016 smash hit "Pokemon Go."The deal, announced o...Reuters
Wed, Mar 12
