Keep pulling the thread on Kevin Warsh.
Chinese President Xi Jinping warned U.S. President Trump that if the Taiwan issue is mishandled, the two nations could experience "collision or even clashes," pushing the relationship into a "highly dangerous situation."
A U.K. naval group reported a commercial vessel off the coast of the United Arab Emirates was seized by unauthorized personnel and is now bound for Iranian waters.
The Trump administration approved an $11 billion arms sales package to Taiwan in December.
Another U.S. arms package for Taiwan, valued at $14 billion, is currently pending approval.
Kevin Warsh was confirmed as the next chair of the Federal Reserve by a 54 to 45 vote, the slimmest confirmation margin ever for a Fed chair.
The Philadelphia Semiconductor Index has increased by almost 70% so far this year.
Cisco shares surged more than 18% in early trading after the company delivered a better-than-anticipated sales forecast.
Cisco announced plans to cut thousands of jobs as part of a restructuring plan to improve its position in the AI economy.
AI chipmaker Cerebris Systems raised $5.5 billion in its IPO, pricing shares at $185 each for a market value of approximately $40 billion.
The IPO for Cerebris Systems drew orders for more than 20 times the number of shares available.
A Hantavirus outbreak linked to a cruise ship has resulted in 10 cases, including eight confirmed and two probable infections, and three deaths.
China opposes a pending U.S. arms package to Taiwan and has asked Washington to clarify that it does not support Taiwanese independence.