Finance

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IRS direct deposit relief payment in November? What we know

Introduction to the IRS Direct Deposit Relief Payment The COVID-19 pandemic has caused significant financial strain for individuals and families across the United States. In response, the government has taken steps to provide economic relief through various forms of stimulus packages. One such measure is the IRS Direct Deposit Relief Payment, which provides eligible individuals with a direct deposit payment […]

TSMC hits yet another record as profit surges 39%, beating estimates on the AI chip demand surge

Taiwan Semiconductor Manufacturing Company (TSMC) is the world’s largest semiconductor manufacturing company, known for its cutting-edge technology and efficient production processes. In recent years, it has experienced a surge in demand for its services, with its latest financial report revealing record-breaking profits that have surpassed analyst estimates. One of the main reasons behind TSMC’s success is the increasing demand for […]

Navitas Semiconductor: The Big Surge, What Happened on Monday

Navitas Semiconductor (NASDAQ: NVTS) stunned investors on Monday with a rally that saw its share price jump by more than 21 % in a single day.  While huge single-day moves aren’t always sustainable, this one was driven by a convergence of favorable market forces, announcements tied to its technology roadmap, and positive geopolitical cues. Below, we unpack what lit the […]