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Global Investments In Nuclear Fusion Surge 69% To $4.5B
Oilprice.com31d agobullish
Global Investments In Nuclear Fusion Surge 69% To $4.5B

Major tech companies are backing fusion developers, with Microsoft signing a binding power purchase agreement with Helion, while Google, Nvidia, and other investors are funding companies such as Commonwealth Fusion Systems and Proxima Fusion.

TSMC's second-quarter profit seen hitting record on AI boom
Reuters31d agobullish
TSMC's second-quarter profit seen hitting record on AI boom

TSMC, the world's largest manufacturer of advanced AI chips, is expected to ‌notch a fifth consecutive quarter of record earnings on Thursday, with a ‌59% surge in net profit for April-June, driven by booming global demand for AI infrastructure. Analysts ​said demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as well as for its advanced chip packaging technology, CoWoS, remains strong. TSMC is ⁠expected to report net profit of T$632.6 billion ($19.65 billion) for the second quarter, according to an LSEG SmartEstimate compiled from 18 analysts.

Why QQQM’s 0.15% Fee Crushes QQQ for Long-Term Growth Investors
24/7 Wall St.31d agobullish
Why QQQM’s 0.15% Fee Crushes QQQ for Long-Term Growth Investors

Not all Nasdaq-100 ETFs cost the same, trade the same, or weight the same holdings the same way, and those differences quietly reshape what ends up in your pocket over a decade. Four funds own variations of the same universe, but choosing the wrong one for your strategy is a real and avoidable mistake.

BlackRock Shares Rally After Assets Soar Past $15 Trillion
The Wall Street Journal31d agobullish
BlackRock Shares Rally After Assets Soar Past $15 Trillion

BlackRock shares rallied after the investment firm posted bumper quarterly results and made history as the first investment firm to manage more than $15 trillion in assets. BlackRock was the second-best performing stock in the S&P 500 index, which rose 0.4%. The S&P Financials, which includes BlackRock and a parade of large U.S. banks that also reported strong earnings this week, rose 0.7% to close at a record high.