Newsmax's stock broke records for initial public offerings in its first week of trading, becoming the first Regulation A+ offering to go directly to the NYSE's Big Board – while captivating the markets with a dizzying valuation.

After trading began Monday just before 11 a.m. ET, Newsmax (NMAX) soon found itself with a share price of $44.30 and a market capitalization of $4.18 billion.

The New York Times marveled that Newsmax's spectacular rise briefly put it at a richer valuation than U.S. Steel...

Chip giant Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the United States, President Donald Trump said Monday, on top of $65 billion in investments the company had previously announced.

TSMC, the world’s biggest semiconductor manufacturer, produces chips for companies including Apple, Intel and Nvidia. The company had already begun constructing three plants in Arizona after the Biden administration offered billions in subsidies. Its first factory in Arizona has started mass production of its 4-nanometer chips.

President Trump announced Monday that Taiwan Semiconductor Manufacturing Co. plans to spend $100 billion on new manufacturing plants in Arizona.

TSMC is the world’s biggest semiconductor manufacturer, producing chips that are used by big-name companies like Apple and Intel in such items as computers, smartphones, cars and medical equipment.

Crypto assets got a major boost after President Trump over the weekend announced a new US strategic reserve of digital assets.

While Bitcoin dipped by roughly 4% on Monday after surging by 20% a day earlier, stocks of major US crypto firms soared on bets that the Trump administration is poised to execute an aggressively pro-crypto agenda in the months ahead.

The commander-in-chief said on Sunday that he plans to stockpile a basket of coins that include Bitcoin, Ether, XRP, Solana, and Cardano ahead of the first-ever White House crypto summit Friday...

Palantir Technologies Inc. shares fell 10% on Wednesday, and continued to slide in after-hours trading, following a report that US Defense Secretary Pete Hegseth has asked officials for plans on how to slash military spending.

Palantir, which has seen its stock soar by almost 50% this year, is a major US defense contractor. It also sells technology and artificial intelligence products to other allied governments and private companies...

The U.S. economy has started to show signs it is losing momentum.

Growing uncertainty about the Trump White House’s economic plans, including layoffs of federal workers carried out by the so-called Department of Government Efficiency, has caused consumers and businesses to further question the economic outlook. If this results in a serious pullback, the U.S. economy could be headed for a recession in the next few quarters.

US President Donald Trump said on Tuesday that he plans to offer a "gold card" granting wealthy applicants a path to citizenship at a price of $5 million (€4.76 million), replacing an investor visa that has existed for 35 years.

Describing the people he wanted to see apply, Trump told an Oval Office press conference: "They'll be wealthy and they'll be successful, and they'll be spending a lot of money and paying a lot of taxes and employing a lot of people, and we think it's going to be extremely successful."

Social media giant TikTok and its China-based parent company ByteDance have faced a recent setback after losing an appeal to delay the enforcement of a potential ban in the U.S.

As reported by The Associated Press, the platform saw its bid rejected to hold off legislation that would require ByteDance by mid-January to divest TikTok to an approved buyer or face a ban. Attorneys for the company are expected to appeal to the Supreme Court.