🚪 A roundup of the latest news from the markets at the start of the day:
✅Due to increased end-market demand, Nvidia ($NVDA) and AMD ($AMD) have fully booked TSMC's ($2330) production capacity for the rest of this year and next.
✅Netflix ($NFLX) announced that it plans to develop its own advertising technology platform, positioning itself as a competitor to Google and Amazon.
✅Yesterday, inflows to BTC ETFs surged to $303 million, the equivalent of 10 days of coin mining. Fidelity, Bitwise, and even GBTC saw inflows, while Blackrock once again remained with zero issues.
✅The S&P 500 index ended the day at a new all-time high, the 23rd for the year. Over the past 12 years, the S&P 500 has reached 370 all-time highs, more than in any 12-year period in history.
✅Orange juice prices hit an all-time high amid gloomy production forecasts.