The New York Stock Exchange lost some strength this Tuesday, but the S&P500 remained and reached historical maximumsalthough investors began with caution a week shortened by the president’s day holiday.
In this context The Dow Jones index of Industriales rose 0.02% to 44,556.34 points; The S&P500 won 0.24% to 6,129.58 points and the Nasdaq Composite showed 07% to 20,041.26 points.
What happened to some of the Wall Street actions?
Intel’s shares rose 13%, after a report by the Wall Street Journal which indicated that the Broadcom (-2%) and Taiwan semiconductor manufacturing co., (-0.7%) semiconductor giants were exploring possible agreements that would divide the American chip manufacturer by two.
Broadcom has been considering the design and marketing operations of Intel Chips, while TSMC has studied the possibility of acquiring majority participation in all the company’s chips factories, the WSJ reported.
“Intel’s problems clearly began with their manufacturing process. The participation of TSMC in Intel factories would perhaps be the clearest way to solve Intel’s disadvantage on this front”Wedbush said in a recent note.
The price of Intel shares rose 18% so far this year. The shares ended their best week in a quarter of a century on Friday, promoted by the reports of a possible association with TSMC.
For its part, Constellation Brands Inc Class A rose more than 4% when it was learned that Berkshire Hathaway by Warren Buffet revealed a participation of US $ 1,200 million in the beverage manufacturer in the fourth quarter.
Nike Incted 6% after the sportswear giant reported that Kim Kardashian’s Skims clothing company to create a new Nikeskims brandwhich “will revolutionize the global fitness industry and sportswear with the best innovation at the service of all female athletes.”
Super Micro Computer Inc. shares advanced 16.5% Consolidating the solid performance last week, when the action shot 32% after a report report that included an optimistic income forecast for fiscal year 2026.
The company, known for its artificial intelligence servers, presented a report of mixed results earlier. The preliminary results of the second quarter were below the expectations of Wall Street, and the forecasts for fiscal year 2025 also disappointed investors. However, Super Micro’s income projection for fiscal year 2026 was surprisingly positive, anticipating a potential increase of 70%.
Fort Knox: Is everything that shines gold?
In response to a publication in Zerohedge social networks, (Financial news of the extreme right -wing) Republican Senator Rand Paul proposed an audit of gold reserves in Fort Knox.
The “online” discussion, which also involved Elon MuskHead of the Government Efficiency Department (Doge), made the absence of an annual gold audit stored in the establishment.
“Zerohedge initially suggested that Musk should inspect Fort Knox to confirm the presence of American gold, which has not been proven publicly since 1974”. Musk replied, that he assumed that gold reserves were audited regularly, but Senator Paul corrected him, pointing out “that such audits have been made” and offering to collaborate in the process. “
The US House of Currency states that Fort Knox houses approximately half of the nation’s gold. However, public access to the vault has been limited for decades, and the last known inspection was carried out in 1974 by a Congress commission, amid suspicions about the possible gold withdrawal. Since then, the only registered visit was in 2017, when the Secretary of Treasury Steve Mnuchin, to the governor of Kentucky Matt Bevin and other representatives of Congress was allowed.
The last exhaustive verification of gold reserves in Fort Knox, whose value is estimated at about US $ 425,000 million, was carried out more than 45 years ago, which raises questions about the current state of gold.
Source: Ambito
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