MARKETSNovartis shares fall more than 10% as del-desiran trial marks third setback in a weekSep 8DEALSFNWD declares $0.12 quarterly cash dividend, payment set for September 25Sep 8METAAckman and Tepper raised Meta Platforms stakes in Q2, with costs now the central question for the tapeSep 8MACROWhite-hat actors pull 4,000 Bitcoin from Liquid Network's federation reservesSep 7$BTCBitcoin fund flows signal rate bet, not exit: CoinSharesSep 7REGULATORYArion Carter turns $427 NCAA suspension into tackle-by-tackle cancer fundraiser for Nashville womenSep 7NVDADell Technologies AI server backlog reaches $95 billion, with fiscal second-quarter revenue at a record $47 billionSep 7$BTCBitwise sees Bitcoin above $100,000 before year-end, cites $1.3 million target for 2035Sep 7JPMJPMorgan and Morgan Stanley face shareholder suits over buyout advisory rolesSep 7MACROItaly sets up to EUR 7.75 billion bond auction for September 10 across three maturitiesSep 7MARKETSNovartis shares fall more than 10% as del-desiran trial marks third setback in a weekSep 8DEALSFNWD declares $0.12 quarterly cash dividend, payment set for September 25Sep 8METAAckman and Tepper raised Meta Platforms stakes in Q2, with costs now the central question for the tapeSep 8MACROWhite-hat actors pull 4,000 Bitcoin from Liquid Network's federation reservesSep 7$BTCBitcoin fund flows signal rate bet, not exit: CoinSharesSep 7REGULATORYArion Carter turns $427 NCAA suspension into tackle-by-tackle cancer fundraiser for Nashville womenSep 7NVDADell Technologies AI server backlog reaches $95 billion, with fiscal second-quarter revenue at a record $47 billionSep 7$BTCBitwise sees Bitcoin above $100,000 before year-end, cites $1.3 million target for 2035Sep 7JPMJPMorgan and Morgan Stanley face shareholder suits over buyout advisory rolesSep 7MACROItaly sets up to EUR 7.75 billion bond auction for September 10 across three maturitiesSep 7

MCHP COO Richard Simoncic steps down, headed to Menlo Microsystems as chief executive

In focus: Microchip Technology (MCHP, Nasdaq) is losing its chief operating officer. Richard J. Simoncic notified the company on July 23, 2026 that he is resigning to become chief executive officer

By Grant HalloranMacro DeskJuly 25, 20262 min readMCHP
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