Chip Stocks Lift Nasdaq Higher

MRKT Matrix - Thursday, October 17th Dow closes at fresh record, Nasdaq ends higher as chipmakers rally (CNBC) TSMC Hikes Revenue Outlook in Show of Confidence in AI Boom (Bloomberg) Apple Secretly Worked with China’s BYD on Long-Range EV Battery (Bloomberg) China’s $562 Billion Loan Push for Unfinished Homes Disappoints (Bloomberg) Auto giants launch a flurry of cheaper electric vehicles - taking the fight to China (CNBC) Biden administration forgives $4.5 billion in student debt for over 60,000 public service workers (CNBC) Hedge fund manager Daniel Loeb believes Trump’s chances are increasing and he’s betting accordingly (CNBC) --- Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs Learn more about your ad choices. Visit megaphone.fm/adchoices