A severe capacity crunch at Taiwan Semiconductor Manufacturing Company Ltd. is forcing major clients, including Nvidia Corp. and Tesla Inc., to seek alternatives, positioning Samsung Electronics Co. Ltd. as a rare second source for cutting-edge chips. Capacity Crunch Disrupts AI Supply Chain Taiwan Semiconductor’s 3nm process has entered a rare state of “overload,” as chip designers and hyperscale...
A severe capacity crunch at Taiwan Semiconductor Manufacturing Company Ltd. is forcing major clients, including Nvidia Corp. and Tesla Inc., to seek alternatives, positioning Samsung Electronics Co. Ltd. as a rare second source for cutting-edge chips. Capacity Crunch Disrupts AI Supply Chain Taiwan Semiconductor’s 3nm process has entered a rare state of “overload,” as chip designers and hyperscale cloud providers such as Amazon.com Inc. and Microsoft Corp. compete aggressively for limited capaci
President Donald Trump has reportedly told aides that he’s willing to end the U.S. military campaign against Iran even if the strait remains largely closed.
President Donald Trump has reportedly told aides that he’s willing to end the U.S. military campaign against Iran even if the strait remains largely closed.
NVIDIA (NASDAQ:NVDA) dropped a catalyst on March 31 that reordered the AI infrastructure investment conversation: a $2 billion direct investment in Marvell Technology (NASDAQ:MRVL) paired with a deeper NVLink Fusion ecosystem expansion. The move validates NVIDIA’s strategy of opening its NVLink fabric to third-party silicon, turning a proprietary interconnect into a platform other chipmakers can ....
NVIDIA (NASDAQ:NVDA) dropped a catalyst on March 31 that reordered the AI infrastructure investment conversation: a $2 billion direct investment in Marvell Technology (NASDAQ:MRVL) paired with a deeper NVLink Fusion ecosystem expansion. The move validates NVIDIA’s strategy of opening its NVLink fabric to third-party silicon, turning a proprietary interconnect into a platform other chipmakers can ... 5 Stocks That Win Big From NVIDIA’s NVLink Fusion AI Ecosystem Expansion
A group of senior lenders to Solera Holdings Inc. , including Apollo Global Management Inc. and Pacific Investment Management Co. , has tapped a legal adviser ahead of the software company’s debt maturing in 2028, according to people familiar with the situation. Lenders to the Vista Equity Partners -backed firm have organized with law firm White & Case for advice, said the people, who asked not to...
A group of senior lenders to Solera Holdings Inc. , including Apollo Global Management Inc. and Pacific Investment Management Co. , has tapped a legal adviser ahead of the software company’s debt maturing in 2028, according to people familiar with the situation. Lenders to the Vista Equity Partners -backed firm have organized with law firm White & Case for advice, said the people, who asked not to be identified discussing a private matter. The group has also signed a cooperation agreement, open to all lenders, that binds them together should the software firm want to engage in refinancing talks, the people added. The coordination effort is the latest example of debt holders taking proactive measures in the hopes of warding off possible debt deals that could damage their holdings, such as so-called priming loans. Those loans — often used to help a company restructure its debt or fund liquidity gaps — rank the new financing higher than existing obligations. Representatives with Vista, Apollo and Pimco declined to comment, while messages left with Solera and White & Case were not returned. Solera is among the legions of tech companies with debt that’s been hammered by an AI-fueled software selloff. Advances in artificial intelligence threaten to disrupt companies with business models that provide software subscription services. Solera’s loans have since clawed back some of their losses, but are still down from the start of the year. Its roughly $3.2 billion first-lien term loan due in 2028 is quoted at about 87 cents on the dollar, up from an all-time low of around 82.7 cents earlier in March, according to data compiled by Bloomberg, In mid-January, before a series of new AI tools shook the software sector, the loan was quoted at a 97 cents. Solera also has a $2.5 billion second-lien term loan due in 2029, the data show. The Westlake, Texas-based company provides a range of software and services to the automotive and insurance industries, including products that help m...
Andrzej Rostek/iStock via Getty Images Introduction Credicorp Ltd. ( BAP ) currently takes up a dominating position in the Peruvian financial system, managing around 34% of loans and 35% of the deposit market through BCP. The company ended fiscal year 2025 reaching record net income and 19% ROE, above the earlier forecast of 17.5%. This growth was caused by traditional banking and the digital ecos...
Andrzej Rostek/iStock via Getty Images Introduction Credicorp Ltd. ( BAP ) currently takes up a dominating position in the Peruvian financial system, managing around 34% of loans and 35% of the deposit market through BCP. The company ended fiscal year 2025 reaching record net income and 19% ROE, above the earlier forecast of 17.5%. This growth was caused by traditional banking and the digital ecosystem, in which the Yape platform at the end of 2025 reached 15.9 million active users and generated 7.2% of the whole group's risk-adjusted revenues. Despite the operational indicators, the stock is traded with a 13.5 P/E ratio, which is higher than the three-year average of around 10 P/E, reflecting the market's expectations on sustainable 19.5% ROE for the future. However, the upcoming 2026 general elections in Peru create political uncertainty, which historically limits private investments and can create pressure on credit growth, which is forecasted at 8.5%. Net interest margins remain strong at the 6.6% level due to low financing costs, as 73% of deposits consist of cheap retail funds. The efficiency coefficient is reaching 46.6%, which suggests that investments in technology and Tenpo's neobank in Chile are still not able to achieve the management's target of a 42% margin. Mibanco segment, oriented to microfinance, in 2025 recorded 20% profitability, though its risk costs remain sensitive to fluctuations in the agricultural sector. In my view, Credicorp is currently moving from a growth story to a more quality compounder, in which most of the potential is already priced in, which is why the risk-to-return ratio becomes more balanced than attractive Business overview Credicorp Ltd. operates as a Peruvian financial services holding company whose business is diversified through four main segments : BCP, microfinance, insurance, and investment management. The company remains a leader in Peru, though it is also actively expanding in the region, which is confirmed by the a...
aristotoo/iStock via Getty Images By Elior Manier Timing markets is a difficult task, absolutely key to generating as much profit as possible from important fundamental setups. It is indeed important to be timely with your trade to ensure that entries remain favorable and the risk-reward remains positive - but an essential part of timing is not being too early. The US dollar ( DXY ) has been on a ...
aristotoo/iStock via Getty Images By Elior Manier Timing markets is a difficult task, absolutely key to generating as much profit as possible from important fundamental setups. It is indeed important to be timely with your trade to ensure that entries remain favorable and the risk-reward remains positive - but an essential part of timing is not being too early. The US dollar ( DXY ) has been on a significant uptrend since the end of the January FOMC (as forecasted here ) and is now testing the extremes of its gigantic 95.50-100.50 range. This is where timing entries is a daunting task. One could just begin shorting the US dollar as soon as it reaches its highs, but when double tops occur, they often come to get your stops. That is when confirmation steps in to provide even more favorable entries and timing. It can be fundamental, with a change in narrative (something that is kind of emerging as of late), or a confirmation in technicals. Sometimes it can actually be both, and this is what could now be offered in the US dollar. Nothing is sure in markets, particularly during volatile periods when breaking news can change the entire picture in a matter of a few seconds - but at least, some setups can look better than others. As we speak, the US dollar is rejecting its war highs for the third consecutive test, forming a double top. Both the US and Israel are slowly looking to turn the page on the full month of operations, particularly with the Trump Administration considering ending the conflict without taking control of the Strait of Hormuz to punish against European and Asia allies that did not manifest their appetite for such operations (and even went against it, like Spain ). The reversal, if it does arrive, may not unfold in one session but progressive waves as the narrative slowly switches. Crude oil prices still dictate general market flows, so its drop will have to be the extra confirmation signal. We’ll explore a few scenarios for a potential large reversal in ...
asbe/iStock via Getty Images By Zain Vawda Gold prices have risen over the last two days to pierce above a key psychological barrier at the $4600/oz handle. The precious metal is eyeing acceptance above this level, which could lead to further upside in the days ahead if the geopolitical picture remains supportive. Middle East Tensions: Diplomacy stalls as military buildup adds to market uncertaint...
asbe/iStock via Getty Images By Zain Vawda Gold prices have risen over the last two days to pierce above a key psychological barrier at the $4600/oz handle. The precious metal is eyeing acceptance above this level, which could lead to further upside in the days ahead if the geopolitical picture remains supportive. Middle East Tensions: Diplomacy stalls as military buildup adds to market uncertainty Hopes for a swift de-escalation in the Middle East have taken a hit as Iran signals a clear reluctance to engage in direct negotiations with the US. This friction is undermining what was already a fragile diplomatic process, leaving market participants wary of a prolonged standoff. Iranian President Pezeshkian summed it up by saying Iran was attacked twice during the talks, proving the US does not believe in diplomacy. However, he followed this up by saying that Iran is ready to end the war but wants guarantees. This mixed messaging is similar to what we have been seeing from the US administration as well. Adding fuel to the fire, the US continues to deploy additional troops and military assets to the region. As uncertainty climbs, the focus remains firmly on how these developments will impact broader market sentiment and the demand for safe-haven assets. Oil and gold correlation shifts Since the onset of the conflict in the Middle East, we have witnessed a rare and sustained negative correlation between crude and gold. Usually, these two move in tandem as hedges against geopolitical risk. However, the recent spike in oil prices forced a massive repricing of Fed expectations: Rising Oil = Inflationary Pressure: As energy costs soared, markets were forced to price out previously anticipated Fed rate cuts. Gold’s Sensitivity: With the "pivot" narrative delayed, gold lost its luster as a non-yielding asset, leading to the sharpest decline in nearly two decades. The tide may be turning. Over the last few sessions, we’ve seen gold and oil begin to rise at the same time, a sign...
Oklo (NYSE: OKLO) is a stock that investors see plenty of potential in, as the nuclear technology company plans to build powerhouses that can be built next to data centers. One of the companies it has partnered with is social media giant Meta Platforms , with the two recently announcing an agreement that will involve Oklo developing a 1.2 gigawatt power campus in Ohio. That's just one example of t...
Oklo (NYSE: OKLO) is a stock that investors see plenty of potential in, as the nuclear technology company plans to build powerhouses that can be built next to data centers. One of the companies it has partnered with is social media giant Meta Platforms , with the two recently announcing an agreement that will involve Oklo developing a 1.2 gigawatt power campus in Ohio. That's just one example of the potential growth opportunities Oklo can tap into. And they'll continue to pop up as hyperscalers invest more into data centers and expand their artificial intelligence (AI) capabilities. There is, however, a risk that comes with investing in Oklo today, given that it's still in the very early stages of its growth. And it's due to those concerns that the stock has been struggling of late -- it's down about 60% in just the past six months. Is it worth investing in Oklo stock today, given the risk that it possesses? Continue reading
aristotoo/iStock via Getty Images By Elior Manier Timing markets is a difficult task, absolutely key to generating as much profit as possible from important fundamental setups. It is indeed important to be timely with your trade to ensure that entries remain favorable and the risk-reward remains positive - but an essential part of timing is not being too early. The US dollar ( DXY ) has been on a ...
aristotoo/iStock via Getty Images By Elior Manier Timing markets is a difficult task, absolutely key to generating as much profit as possible from important fundamental setups. It is indeed important to be timely with your trade to ensure that entries remain favorable and the risk-reward remains positive - but an essential part of timing is not being too early. The US dollar ( DXY ) has been on a significant uptrend since the end of the January FOMC (as forecasted here ) and is now testing the extremes of its gigantic 95.50-100.50 range. This is where timing entries is a daunting task. One could just begin shorting the US dollar as soon as it reaches its highs, but when double tops occur, they often come to get your stops. That is when confirmation steps in to provide even more favorable entries and timing. It can be fundamental, with a change in narrative (something that is kind of emerging as of late), or a confirmation in technicals. Sometimes it can actually be both, and this is what could now be offered in the US dollar. Nothing is sure in markets, particularly during volatile periods when breaking news can change the entire picture in a matter of a few seconds - but at least, some setups can look better than others. As we speak, the US dollar is rejecting its war highs for the third consecutive test, forming a double top. Both the US and Israel are slowly looking to turn the page on the full month of operations, particularly with the Trump Administration considering ending the conflict without taking control of the Strait of Hormuz to punish against European and Asia allies that did not manifest their appetite for such operations (and even went against it, like Spain ). The reversal, if it does arrive, may not unfold in one session but progressive waves as the narrative slowly switches. Crude oil prices still dictate general market flows, so its drop will have to be the extra confirmation signal. We’ll explore a few scenarios for a potential large reversal in ...
Trump posted the first architectural renderings of his future presidential library, planned for a prime plot of land donated by Miami Dade College. (Image credit: Daniel Kozin)
Trump posted the first architectural renderings of his future presidential library, planned for a prime plot of land donated by Miami Dade College. (Image credit: Daniel Kozin)
Building a utility-scale quantum computer that can crack one of the most vital cryptosystems—elliptic curves—doesn’t require nearly the resources anticipated just a year or two ago, two independently written whitepapers have concluded. In one, researchers demonstrated the use of neutral atoms as reconfigurable qubits that have free access to each other. They went on to show this approach could all...
Building a utility-scale quantum computer that can crack one of the most vital cryptosystems—elliptic curves—doesn’t require nearly the resources anticipated just a year or two ago, two independently written whitepapers have concluded. In one, researchers demonstrated the use of neutral atoms as reconfigurable qubits that have free access to each other. They went on to show this approach could allow a quantum computer to break 256-bit elliptic curve cryptography (ECC) in 10 days while using 100 times less overhead than previously estimated. In a second paper, Google researchers demonstrated how to break ECC-securing blockchains for Bitcoin and other cryptocurrencies in less than 9 minutes while achieving a 20-fold resource reduction. Taken together, the papers are the latest sign that cryptographically relevant quantum computing (CRQC) at utility-scale is making meaningful progress. The advances are largely being driven by new quantum architectures developed by physicists and computer scientists in a push to create quantum computers that operate correctly even in the presence of errors that occur whenever qubits—the quantum analog to classical computing bits—interact with their environment. The other key drivers are ever-more efficient algorithms to supercharge Shor’s algorithm, the 1994 series of equations proving that quantum computing could break the ECC and RSA cryptosystems in polynomial time, specifically cubic time , far faster than the exponential time provided by today’s classical computers. Neither paper has been peer-reviewed. Read full article Comments