As expected, Jeremy Hunt will remain as UK Chancellor of the Exchequer. The former PM Truss, brought in Hunt in a last ditch effort to save her PM term. It helped calm the markets but it did not help Truss hold off the inevitable.
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Marvell & Micron plunge 10%+ as chip sector hits 6-yr low. $1.3T wiped out. Peak fears rise.
TSMC's 2095% 10-yr gain signals AI chip demand outstrips supply. Rivals face tough competition.
SpaceX lands $30B AI compute deal with Google, earning $920M/month. Huge revenue boost!
Anthropic eyes $1T IPO, shrugging off AI return doubts. White House tensions ease.
XRP drops 6% as SpaceX IPO liquidity needs may dump cryptos. Bitcoin hits lows.
WWE shareholder suit dropped! Plaintiffs sought $957M, claiming TKO merger undervalued stock.
Chip stocks like MU and SAND plunge 10%, erasing $1.3T value. Risk spikes as valuations tumble.
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