Morris Chang, the 94-year-old founder of Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), made his first public appearance in more than a year with a private dinner alongside Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang. Chang Ends Year-Long Public Hiatus Chang, who had been notably absent from public events throughout 2025, skipped key gatherings, including TSMC's annual Sports Day, an event wher...
Morris Chang, the 94-year-old founder of Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), made his first public appearance in more than a year with a private dinner alongside Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang. Chang Ends Year-Long Public Hiatus Chang, who had been notably absent from public events throughout 2025, skipped key gatherings, including TSMC's annual Sports Day, an event where he often shared reflections on the semiconductor sector, reported Digitimes Asia. His absence fueled speculation about his health, making his recent Taipei appearance a moment of significant industry interest. In 2025, Chang's only public contribution was his voice in a joint Nvidia–TSMC video marking the launch of Blackwell chip production at TSMC's Arizona facility. Don't Miss: He did not appear on camera but opened the video with a statement highlighting his longstanding dream: "When I started TSMC … I had a dream to build fabs in the United States, and my dream lives." The project represents a $165 billion investment in U.S. semiconductor manufacturing. Age Shows, But Mind Remains Sharp On Thursday, Chang arrived at the Cantonese restaurant in a wheelchair. Tech titans, lifelong friends! Jensen Huang continues his beautiful tradition of visiting Morris Chang before doing anything else in Taiwan. ★ https://t.co/O0Inbvd54b ★ pic.twitter.com/5kd5LMQmmR Trending: Blue-chip art has historically outpaced the S&P 500 since 1995, and fractional investing is now opening this institutional asset class to everyday investors. Huang reassured reporters that Chang remains mentally sharp and in good spirits, adding that their conversation was as incisive as ever. "He’s getting stronger, but his spirit is high, and his mind is so sharp. Talking to Morris always makes you very sharp," Huang said. Following the dinner, Huang is set to attend the Nvidia Taiwan year-end banquet and host events with supply chain partners. See Also: Why Billionaires Like Warren Buffett Prefer Real Assets O...
FTC Warns 42 Law Firms Over DEI Hiring The Trump administration is still going after DEI - or 'diversity, equity and inclusion' (i.e. white people are the scourge of the earth) - this time, in Big Law . The office of the law firm Perkins Coie is seen in Washington, on April 10, 2025. Photo by Kevin Dietsch/Getty Images On Friday, the Federal Trade Commission (FTC) sent letters to 42 law firms warn...
FTC Warns 42 Law Firms Over DEI Hiring The Trump administration is still going after DEI - or 'diversity, equity and inclusion' (i.e. white people are the scourge of the earth) - this time, in Big Law . The office of the law firm Perkins Coie is seen in Washington, on April 10, 2025. Photo by Kevin Dietsch/Getty Images On Friday, the Federal Trade Commission (FTC) sent letters to 42 law firms warning them about "potentially unfair and anticompetitive employment practices" involving DEI, after they all participated in an anti-white program run by "Diversity Lab," a "for-profit DEI-consultancy business." All of these firms recently participated in the Mansfield Certification program, according to public information. Mansfield Certification is a creation of the company Diversity Lab, a for-profit DEI-consultancy business , which claims to “write the unwritten rules” establishing common race and gender-based employment practices across the legal industry. To receive the certification, law firms must agree to follow certain of Diversity Lab’s DEI-based employment standards. Public information also suggests that they would meet regularly with Diversity Lab and their competitor law firms to discuss common implementation of Diversity Lab’s criteria . According to the FTC, the letter recipients "are among the largest law firms in the United States, collectively employing over 50,000 attorneys subject to Diversity Lab's criteria." In order to qualify for Mansfield Certification, law firms must agree to consider talent pools for promotions and leadership opportunities that comprise at least 30% 'underrepresented' racial and other groups . As a result of the process, many firms have reportedly met the 30% benchmark for external hiring and internal promotion. "Millions of American citizens participate in our economy both as workers and as consumers. The antitrust laws protect them from anticompetitive employer agreements in labor markets just as much as they do from anticompetit...
Justin Rose became the first wire-to-wire winner at Torrey Pines in 71 years, starting with a six-shot lead and never letting anyone get any closer to him Sunday as he closed with a 2-under 70 to win the Farmers Insurance Open. Rose opened with a 62 on the North course at Torrey Pines and really never let up all week, playing even better on the South course that has hosted two U.S. Opens. He wound...
Justin Rose became the first wire-to-wire winner at Torrey Pines in 71 years, starting with a six-shot lead and never letting anyone get any closer to him Sunday as he closed with a 2-under 70 to win the Farmers Insurance Open. Rose opened with a 62 on the North course at Torrey Pines and really never let up all week, playing even better on the South course that has hosted two U.S. Opens. He wound up breaking the 72-hole tournament record at 23-under 265, one better than Tiger Woods in 1999. George Burns also shot 266 in 1987. “Sorry, T-dub, if you’re watching,” Rose said. That was his only real challenge, smaller goals to keep him pushing — he wanted to increase his lead each day, and he was aware of the tournament record. He got both. Tommy Bolt in 1955 is the only other player to lead from start to finish without ties at Torrey Pines. The 45-year-old from England said he would not be complacent, and that much was evident when Rose went out in 33, holing a 35-foot birdie putt on the par-5 ninth that turned the back nine — all day, really — into what looked like a peaceful walk on the public course along the Pacific Ocean. The tournament had one of its best weeks of weather, even by San Diego standards. The only thing lacking was drama, which was just fine with Rose. This was little more than a battle for second and that was a tie. Si Woo Kim (69), Ryo Hisatsune (69) and Pierceson Coody (66) shared runner-up honors, a consolation prize worth US$726,400 (£531,199). For Coody, it also is likely to get him into a pair of US$20 million (£14.62m) signature events to end the West Coast Swing. Brooks Koepka finished his return to the PGA Tour after defecting from LIV Golf with familiar cheers on the ninth green when he tapped in a birdie putt for a 70. There were some 300 people around the green, most of them shouting, “Welcome back, Brooks.” He headed to Phoenix later Sunday for the loudest event in golf. “I love the chaos,” Koepka said. Rose, who also won at Torrey Pine...
↘️ Coinbase (COIN), Strategy (MSTR) and Robinhood (HOOD): Shares of the crypto-linked companies slid premarket, after bitcoin prices sank. The digital token recently traded at around $77,330. ↘️ Newmont (NEM) and Barrick Mining (B, CA: ABX): The gold miners extended last week's selloff in premarket trading as precious metals prices remained volatile.
↘️ Coinbase (COIN), Strategy (MSTR) and Robinhood (HOOD): Shares of the crypto-linked companies slid premarket, after bitcoin prices sank. The digital token recently traded at around $77,330. ↘️ Newmont (NEM) and Barrick Mining (B, CA: ABX): The gold miners extended last week's selloff in premarket trading as precious metals prices remained volatile.
Polkadot now trades at a stunning 97% discount to its all-time high from just five years ago. Five years ago, Polkadot (DOT 1.27%) was a high-flying cryptocurrency that ranked among the largest in the world. But how times have changed. Polkadot no longer ranks among the top 30 cryptocurrencies and has fallen off the radar of most crypto investors. So, is it worth taking a closer look at Polkadot? ...
Polkadot now trades at a stunning 97% discount to its all-time high from just five years ago. Five years ago, Polkadot (DOT 1.27%) was a high-flying cryptocurrency that ranked among the largest in the world. But how times have changed. Polkadot no longer ranks among the top 30 cryptocurrencies and has fallen off the radar of most crypto investors. So, is it worth taking a closer look at Polkadot? At a bargain price of just $1.84, surely Polkadot must be an underrated crypto, right? An ugly five-year chart The answer, unfortunately, is no. Just one look at Polkadot's five-year chart tells you all you need to know. After hitting an all-time high of $55 back in November 2021, Polkadot soon cratered in value. Over the past three years, the price of Polkadot has largely flatlined, with nary a recovery in sight. Polkadot now trades at a stunning 97% discount to its all-time high. In other words, the price of Polkadot has essentially gone to zero. This tends to happen in the cryptocurrency world -- a coin or token launches to much fanfare, skyrockets in price for a short period of time, and then collapses in value, never to recover. Expand CRYPTO : DOT Polkadot Today's Change ( -1.27 %) $ -0.02 Current Price $ 1.52 Key Data Points Market Cap $2.5B Day's Range $ 1.46 - $ 1.55 52wk Range $ 1.46 - $ 6.03 Volume 210M Is a recovery for Polkadot possible? So, while a short-term recovery for Polkadot might be possible, I'm not holding my breath. The reason is simple: The investment thesis that made Polkadot such a compelling cryptocurrency play five years ago no longer rings true. When Polkadot launched in 2020, the vision was to create a decentralized internet of blockchains, all linked together by the DOT token. This would make it possible to securely move digital assets across blockchains with as little friction as possible. Polkadot was supposed to become the core building block of a vast Web3 world held together by blockchain technology. This made sense when new blockchains ...
Two heirs to one of Europe’s richest alcoholic-drinks families prevailed in ousting the top executive of their family’s eponymous firm, Castel Group , from the board of a key holding company. Chief Executive Officer Gregory Clerc was revoked as a director of Singapore-based IBBM by the Castel family, according to a statement Monday. “This marks the beginning of a new era of governance for the Cast...
Two heirs to one of Europe’s richest alcoholic-drinks families prevailed in ousting the top executive of their family’s eponymous firm, Castel Group , from the board of a key holding company. Chief Executive Officer Gregory Clerc was revoked as a director of Singapore-based IBBM by the Castel family, according to a statement Monday. “This marks the beginning of a new era of governance for the Castel Group,” it said, adding that the chairman of the entity, Pierre Baer, was also removed during an extraordinary shareholders’ meeting of IBBM. Romy Castel, daughter of 99-year-old billionaire founder Pierre Castel, had convened the gathering with the backing of one of his nephews, Alain Castel. This was their second attempt at revoking Clerc since the start of the year amid a dispute that had pitted the descendants against the tax lawyer-turned CEO who was heading the group. Read More: French Tax Probe Intensifies Strain at Billionaire’s Empire
According to a Bloomberg report, the bond issuance, projected to total roughly $20 billion to $25 billion, will cover about half of Oracle’s 2026 financing needs. The Oracle logo is displayed on a mobile phone with the company's branding seen in the background in this photo illustration.(Photo by Jonathan Raa/NurPhoto via Getty Images) Oracle plans to issue the bonds in a single tranche, and the o...
According to a Bloomberg report, the bond issuance, projected to total roughly $20 billion to $25 billion, will cover about half of Oracle’s 2026 financing needs. The Oracle logo is displayed on a mobile phone with the company's branding seen in the background in this photo illustration.(Photo by Jonathan Raa/NurPhoto via Getty Images) Oracle plans to issue the bonds in a single tranche, and the offering may be divided into up to eight parts. Bond maturities shall range from three to 40 years. On Sunday, the company announced its plan to raise $45 billion to $50 billion in total funding through a combination of debt and equity instruments. Oracle Corp. (ORCL) has reportedly launched a major U.S. dollar bond offering, expected to be in the range of $20 billion to $25 billion. Earlier, the company announced it was looking to raise between $45 billion and $50 billion through a mix of debt and equity sales to ramp up its cloud business. infrastructure capabilities. Debt Structure According to a Bloomberg report, the bond issuance, projected to total roughly $20 billion to $25 billion, will cover about half of Oracle’s 2026 financing needs. The remaining planned funding will come from equity-linked and common stock sales, signaling a multi-pronged strategy to support growth initiatives. Oracle stock traded over 3% higher on Monday morning. On Stocktwits, retail sentiment around the stock remained in ‘extremely bullish’ territory while message volume shifted to ‘extremely high’ from ‘high’ levels in 24 hours. PLTR’s Sentiment Meter and Message Volume as of 09:45 a.m. ET on Feb. 2, 2026 | Source: Stocktwits The stock saw 641% increase in retail chatter over 24 hours as of Monday morning. The bond’s maturities range from three to 40 years, the report stated. Strategic Rationale The move reflects Oracle’s effort to finance the expansion of AI-driven cloud services for major clients. The company previously raised $18 billion in September 2025, after cementing a $300 billion c...
Christian Mueller-Glissmann, Goldman Sachs' asset allocation research head, says the market has traded artificial intelligence in a "relatively evidence-based" manner. "It feels like AI capex cannot really drive the equity market as much anymore," Mueller-Glissmann tells Bloomberg Television. "It's not about the application and the adoption," he adds. (Source: Bloomberg)
Christian Mueller-Glissmann, Goldman Sachs' asset allocation research head, says the market has traded artificial intelligence in a "relatively evidence-based" manner. "It feels like AI capex cannot really drive the equity market as much anymore," Mueller-Glissmann tells Bloomberg Television. "It's not about the application and the adoption," he adds. (Source: Bloomberg)
Fulham have rejected an offer from Everton for midfielder Harry Wilson. It is understood the Toffees made an approach for the 28-year-old last week, but it was turned down by the Cottagers. The Wales international is out of contract this summer and could leave for free, but Fulham are adamant on not selling him this month. Head coach Marco Silva has also said there is "zero chance" of Wilson being...
Fulham have rejected an offer from Everton for midfielder Harry Wilson. It is understood the Toffees made an approach for the 28-year-old last week, but it was turned down by the Cottagers. The Wales international is out of contract this summer and could leave for free, but Fulham are adamant on not selling him this month. Head coach Marco Silva has also said there is "zero chance" of Wilson being sold in the January transfer window. Instead the club has made securing his future a priority, having signed him on an initial loan deal from Liverpool in July 2021. Since then, Wilson has made 173 appearances for Fulham, scoring 34 goals and registering 43 assists. However, as BBC Sport revealed in January, talks over a contract extension are currently on hold because of transfer interest. It is also understood that Wilson would prefer to have clarity on the future of Silva, who is also out of contract this summer, before making a final decision on any new contract.
Intesa Sanpaolo SpA outlined steps to expand its wealth management business across Europe as part of a plan by Chief Executive Officer Carlo Messina to boost fee income. The Italian lender seeks to increase assets under management at its International Banks Division by 13% annually, by hiring new bankers and reassigning existing staff, it said in a presentation on Monday. The unit operates through...
Intesa Sanpaolo SpA outlined steps to expand its wealth management business across Europe as part of a plan by Chief Executive Officer Carlo Messina to boost fee income. The Italian lender seeks to increase assets under management at its International Banks Division by 13% annually, by hiring new bankers and reassigning existing staff, it said in a presentation on Monday. The unit operates through 12 commercial banks across Central-Eastern Europe and North Africa. In addition, Intesa plans to offer its wealth management platform Isywealth in major Western European countries. “We will grow across our International Banks, leveraging our successful business model in Italy,” Messina said. “Last but not least, we see the opportunity to extend our successful business model to the main European countries where we are already present, such as France, Germany and Spain.” Messina is accelerating as pivot toward wealth management, private banking and insurance as he seeks to reduce reliance on lending. The CEO on Monday announced new financial targets, including a policy to return about €50 billion ($59 billion) to investors through 2029 as he doubles down on a strategy to prioritize payouts over large deals. Read More: Intesa to Return €50 Billion to Shareholders Over Five Years (2) To expand the wealth business, Intesa plans to add more than 2,300 global advisers through 2029, even as it reduces the overall workforce by 7%. The measures should help raise net income at the IBD unit 50% by 2029, to €1.8 billion, it said in its plan presentation on Monday. The launch of Isywealth in other large European countries will result in about €200 million of capital expenditures. Intesa hasn’t penciled in any revenues from these initiatives over the plan period. Messina said while he’s considering buying networks of financial advisers as part of his wealth push, he will mainly rely on organic growth and targeted hires. “In the euro zone, you do not need to make acquisitions of banks, es...