Spot silver reaches $62 per ounce, up 2.75% intraday

According to Jinse Finance APP, on Monday, TSMC (TSM.US) saw its shares rise by about 1.4% to $479, reaching a market capitalization of approximately $2.49 trillions and hitting a record high. Media reports indicate that TSMC is evaluating a collaboration with the Texas-based Terafab Super Wafer Plant project under Tesla and SpaceX CEO Elon Musk to establish advanced end-to-end semiconductor manufacturing capacity in the United States. Elon Musk personally confirmed this news on the social media platform X, while TSMC maintained its usual low profile, making no public comment.

The Attorney General of Texas announced that Texas is investigating UnitedHealth (UNH.US) for alleged illegal activities.

According to foreign media reports, Iraq is preparing to charter additional oil tankers, with at least two tankers set to be in place in the coming days. The country is seeking to strengthen its control over the transportation of its oil through the highly contested Strait of Hormuz. The state-owned Iraqi Oil Tanker Company is expected to charter at least one Very Large Crude Carrier (VLCC) and one smaller Suezmax tanker in the near future, and is also planning to reissue tenders to charter more tankers. This move marks a shift in Iraq’s strategy. Iraq has been especially affected by Middle East conflicts as the country previously had no oil tankers of its own and has had to sell crude at a steep discount to attract customers willing to take on the risks of sending ships deep into the Gulf to load oil. Sources revealed that domestic Iraqi companies have already purchased at least two supertankers, one of which cost around $200 million in a transaction last month. Data shows this price would set a historical record for such vessels. According to sources, the lease term for Iraq's chartered tankers will last through the end of this year.