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New friends can check out my previous works! I want to start sharing some useful knowledge with you all, but unfortunately, I don't have the time to do it right now. After all, running a one-person team is quite challenging. But who knows what the future holds! Many people ask me why I don't participate in paper trading competitions, but I feel like it's unnecessary. If I were to go, I might do well, but since you all are following me, I wouldn't be able to help you earn lunch money if I spend time on paper trading.
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Taiwan Semiconductor Manufacturing Co., Ltd.(TSM) Q2 2021 earnings conference call is scheduled at 2:00 am ET and 2:00 pm SGT on July 15. You can listen to the live earnings call by subscribing to it.
Sales and Revenue
This company reported a 20% jump in quarterly sales, as the company raced to meet demand for chips from the automotive and other industries.
Sales for the quarter ended in June came in at NT$372.1 billion ($13.3 billion), in line with the average analyst estimate of NT$371.3 billion. Revenue for June was NT$148.5 billion, up 23% from a year ago.
Earnings Preview
According to Zacks Investment Research, based on 1 analysts' forecasts, the consensus EPS forecast for the quarter is $0.89, and the revenue estimate stands at 13.31B.
The upgrade of TSMC to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Are you bullish on TSM? Leave your answer in the comment.
Disclaimer: The live video is made available for informational purposes only. Before investing, please consult a licensed professional.
Sales and Revenue
This company reported a 20% jump in quarterly sales, as the company raced to meet demand for chips from the automotive and other industries.
Sales for the quarter ended in June came in at NT$372.1 billion ($13.3 billion), in line with the average analyst estimate of NT$371.3 billion. Revenue for June was NT$148.5 billion, up 23% from a year ago.
Earnings Preview
According to Zacks Investment Research, based on 1 analysts' forecasts, the consensus EPS forecast for the quarter is $0.89, and the revenue estimate stands at 13.31B.
The upgrade of TSMC to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Are you bullish on TSM? Leave your answer in the comment.
Disclaimer: The live video is made available for informational purposes only. Before investing, please consult a licensed professional.
TSM Q2 2021 Earnings Conference Call
Jul 15 01:00
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Exchange-traded funds managed by Cathie Wood's Ark Investment Management sold 700,644 Pure Storage shares, according to a trading update.
Ark funds also sold 656,488 Huya ADRs, 352,991 Tencent ADRs, 198,519 Opendoor Technologies shares, 154,834 Bristol-Myers Squibb shares, 120,883 Novartis AG ADRs, 66,600 JD.com ADRs.
Funds bought 423,276 UiPath shares, 137,133 DraftKings shares 110,200 Khosla Ventures Acquisition Co. II shares.
$HUYA Inc (HUYA.US)$
Ark funds also sold 656,488 Huya ADRs, 352,991 Tencent ADRs, 198,519 Opendoor Technologies shares, 154,834 Bristol-Myers Squibb shares, 120,883 Novartis AG ADRs, 66,600 JD.com ADRs.
Funds bought 423,276 UiPath shares, 137,133 DraftKings shares 110,200 Khosla Ventures Acquisition Co. II shares.
$HUYA Inc (HUYA.US)$
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French antitrust authority fines Google 500 million euros as Google negotiating in bad faith with news publishers and not complying with authority decisions about compensating news publishers for republishing their news. French antitrust authority also says google must submit proposals to renumerate french news publishers in two months, otherwise penalty could go up to 900,000 euros per day.
$Alphabet-C (GOOG.US)$
$Alphabet-C (GOOG.US)$
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Exchange-traded funds managed by Cathie Wood’s ArkInvestment Management sold about 273,735 American depository receipts of Huya Inc.
Ark funds also sold 71,238 Novartis AG ADRs, while they bought 247,130 UiPath Inc. shares, 65,737 Recursion Pharmaceuticals Inc. and 58,914 Signify Health Inc. shares.
China’s antitrust regulators on Saturday rejected Huya’s proposal to merge with DouYu International Holdings Ltd, saying that it would give Tencent Holdings Ltd.-- which owns stakes in both companies -- an unfair advantage in the country’s game streaming market.
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Ark funds also sold 71,238 Novartis AG ADRs, while they bought 247,130 UiPath Inc. shares, 65,737 Recursion Pharmaceuticals Inc. and 58,914 Signify Health Inc. shares.
China’s antitrust regulators on Saturday rejected Huya’s proposal to merge with DouYu International Holdings Ltd, saying that it would give Tencent Holdings Ltd.-- which owns stakes in both companies -- an unfair advantage in the country’s game streaming market.
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