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TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
House passes host of bills targeting Iran after attack on Israel
Politico - Politics - Iran -
The Latest | Israel targets air defense system in Syria, state news agency says
Syria’s state-run SANA news agency quotes a military statement as saying Israel carried out a missile strike targeting an air defense unit in its south, causing material damageABC News - World - Israel -
FirstFT: Israel launches attacks against Iran
Also in today’s newsletter, Netflix’s surprise boom, and PwC plans to reverse tax restructuringFinancial Times - World - Iran -
South Korea President’s Support at New Low After Stinging Election Loss
Yahoo News - World - South Korea -
Stock Futures Dip, Oil Gyrates After Israeli Strike on Iran
Israel’s retaliatory strike roiled global markets, encouraging traders to dump risky assets and buy haven currencies, though the selloff weakened as the limited scope of the attack emerged.The Wall Street Journal - World - Israel -
Jürgen Klopp defends Salah’s finishing after Liverpool exit Europa League
Salah scores penalty but misses big chance against AtalantaKlopp: ‘We didn’t lose the tie tonight, we lost it at home’Jürgen Klopp said Liverpool squandered their Europa League chances at Anfield last week and insisted Mohamed Salah’s wastefulness ...The Guardian - World -
Israel's Attack on Iran Appears Fairly Limited, Easing Pressure on Oil Markets
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term, according to DNB Markets.The Wall Street Journal - World - Iran -
Gold Futures Rise After Israel Strikes Iranian Targets
Gold futures edged up on Middle East tensions, but were off earlier highs, with Swissquote Bank saying the market will likely see a further flight to safe havens before the end of the day on fears of an escalation over the weekend.The Wall Street Journal - World - Israel -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
More people are evacuated after the dramatic eruption of an Indonesian volcano
Yahoo News - World -
Experience: I lost my hands after being electrocuted by 14,400 volts
As the scrap metal touched the power line, everything went black. In 2010, I’d been working in Colorado, in one of the world’s most dangerous professions. As a lineman, it was my job to maintain and repair electrical power lines. I knew the risks, ...The Guardian - World -
Treasury yields drop in muted flight to quality after Israel retaliation
U.S. bond yields fell on Friday in a modest flight to quality in choppy trading after Israel retaliated against Iran for its attack last weekend, but didn’t strike nuclear facilities.MarketWatch - Business - Israel -
Russia Jails Scientist Who Developed Hypersonic Technologies After Treason Conviction
Alexander Kuranov, 76, who was tried in secret, will serve time in a maximum-security prison and was fined 100,000 rubles, around $1,000.The Wall Street Journal - World - Russia -
Constellation Brands moves itself further away from cannabis grower Canopy Growth’s business
Alcoholic-beverage giant Constellation Brands Inc. on Thursday announced a number of moves intended to further wash its hands of the struggling Canadian cannabis producer Canopy Growth Corp., following a multibillion-dollar investment in the pot ...MarketWatch - Business