Diamonds and Dogs
A new chip titan.Taiwan Semiconductor (TSM) is up 7% to new highs following an upgrade and rumors Intel may use them to manufacture their chips. Taiwan already makes chips for Apple. Taiwan's market cap is now nearly $400 billion making it the 12th most valuable stock worldwide. Impressive.
Restart of baseball hits a snag. DraftKings (DKNG) is down 5% following record online betting over the weekend on baseball as a number of games are cancelled today as players test positive for COVID-19. One step forward, one step back.
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