TSMC Reports Second Quarter EPS of NT$9.56
Jul. 18, 2024 -- TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$673.51 billion, net income of NT$247.85 billion, and diluted earnings per share of NT$
TSMC Posts Stronger Second-Quarter Profit on Chip Demand
By Sherry Qin Taiwan Semiconductor Manufacturing Co.'s second-quarter net profit jumped on surging demand for advanced chips amid the global artificial-intelligence boom. The world's largest
Goldman Sachs' top stock analyst: AI will not trigger an economic revolution, the bubble will burst eventually.
Jim Covello believes that the economic benefits brought by AI are not even comparable to those of smart phones and the internet; AI replaces low-paying jobs with expensive technology, which is completely opposite to the technological transformation that has occurred in the technology industry in the past thirty years.
"The most knowledgeable about Apple" analyst Ming-Chi Kuo predicts that there will not be a big change in iPhone 16 orders.
Guo Mingchi poured cold water on the market's optimistic expectations for Apple. He pointed out that the recent financial conference calls of Apple's two major suppliers, Taiwan Semiconductor and Dowlight, hinted that orders for the iPhone 16 may not have increased. He believes that consumer expectations for purchasing the new iPhone 16 for the test version of Apple Intelligence in the second half of this year may be too optimistic.
Wall Street Today | Market Faces Second-Day Pullback
The overall market pulled back for the second day in a row Thursday after a semiconductor sell-off Wednesday.
Nvidia, AMD Shares Shed Gains, But Their Investors Got Some Good News
Prominent chip stocks had been poised for a rebound Thursday after the sector's worst daily drop since 2020, but then they turned south again.
Express News | Analyst Ming-Chi Kuo Says "Although There Has Been News Of Increased Orders For iPhone 16 From Time To Time After WWDC, Recent Statements From Two Key Apple Suppliers (TSMC And Largan) Have Hinted That iPhone 16 May Not Have Increased Orders"
Unusual Options Activity: LYB, UBER and Others Attract Market Bets, LYB V/OI Ratio Reaches 249.9
EST Jul 18th Morning Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.
TSM, Nvidia, Tesla Climb Thursday Morning | Herd on Wall Street
Morning traders, happy Thursday, July 18th we celebrated the grand opening of the moomoo JC office today! My name is Kevin Travers, and here are stories from the moomoo herd on Wall Street today.
TSMC + 2%Raises Outlook as Profit Beats Estimates on Surging Chip Demand
By Sherry Qin $Taiwan Semiconductor(TSM.US)$ raised its sales outlook after better-than-expected quarterly profit, as demand for its advanced chips continued to surge amid enthusiasm over artificial
Express News | Top 10 Trending Stocks On WallStreetBets As Of July 18 2024 (Via Swaggy Stocks)
Today's Morning Movers and Top Ratings: TSM, UAL, DPZ, BX and More
Domino's Pizza's shares tumbled over 12% on weak second-quarter results. U.S. comparable store sales growing less than forecast. Check out how TSM, United Airlines, and Blackstone's stocks are moving today.
Today's Analyst Rating | Apple Price Target Raised to $260 by CFRA, CFRA Upgrades Microsoft to Buy
Jul 18, Wall Street analysts have updated their stock ratings today including $Apple(AAPL.US)$ and $Microsoft(MSFT.US)$.
Semiconductor Stocks Plunge: Opportunity or Risk?
Semiconductor stocks suffered a brutal sell-off on Wednesday, with the Philadelphia Semiconductor Index dropping nearly 7%, marking its worst performance since 2020.
Why Nvidia, AMD Shares Are Rebounding After Chip Sector's Worst Drop Since 2020
TSMC's results highlighted that 'AI continues to be driving massive growth,' an analyst says
Small cap stocks experienced a 5-day unprecedented rebound, driven by profits rather than following the trend. How do we see the market in the future?
"The history after 2020 shows that in order for small technology stocks to outperform the large cap, either speculative technology bubbles need to appear or 'large cap technology stocks' need to fall out of favor."
European stocks rebounded and semiconductor stocks in pre-market trading on the US stock market rose across the board, Taiwan Semiconductor rose more than 3%.
Gold, bitcoin, and oil prices have risen slightly, while the US dollar remains stable and US bonds continue to show weakness.
These Stocks Are Moving the Most Today: TSMC, Nvidia, AMD, United, Chuy's, Beyond Meat, Netflix, and More
Stock futures were rising Thursday and tech shares posted a modest rebound after sharp declines in shares of chip companies on Wednesday pushed the Nasdaq Composite down 2.8%, the index's worst performance since December 2022.
TSMC Hikes Revenue Guidance on Smartphone and AI Hopes. The Stock's Rising. -- Barrons.com
Taiwan Semiconductor Manufacturing is thriving on rising demand for artificial-intelligence chips, but geopolitics may drive investor sentiment in the short term.
Trending Tickers: TSMC, Netflix, Anglo American and Premier Foods
Shares in Taiwan Semiconductor Manufacturing Co. were higher in pre-market trading after the semiconductor company reported a 36% rise in second-quarter profit amid surging demand for advanced chips.