AI Chip Whiplash: TSMC's Record Profit Still Wasn't Enough
TSMC delivered huge AI-driven earnings and a larger US investment plan, but chip stocks sold off as investors questioned how much optimism was already priced in.
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TSMC delivered huge AI-driven earnings and a larger US investment plan, but chip stocks sold off as investors questioned how much optimism was already priced in.
SanDisk, Western Digital, Seagate, and other storage-linked names sold off as momentum came out of the data-center supply chain.
UnitedHealth beat second-quarter expectations, raised guidance, and gave managed-care investors a cleaner read on medical costs.
Lilly's planned acquisition of AtaiBeckley pushes big pharma deeper into neuroscience and psychedelic-derived mental-health therapies.
SpaceX's post-IPO pullback shows how quickly enthusiasm can cool when a high-valuation story meets execution delays and broader tech selling.
Netflix shares weakened as investors weighed Q2 guidance, engagement trends, and a less frequent cadence for viewing-data reports.
BlackRock rallied after earnings as Larry Fink highlighted that iShares assets doubled to more than $6 trillion in roughly three years.
Circle's reported national-trust-bank approval gives the USDC operator a stronger bridge between stablecoins and regulated US financial plumbing.
Abbott rallied after reporting stronger-than-expected quarterly profit and raising full-year earnings guidance.
Elevated crude prices and a sticky 10-year Treasury yield kept valuation pressure on equities even as company earnings drove big single-stock moves.
Adobe's rebound case is becoming a proxy for whether investors are ready to buy software again after a brutal SaaS multiple reset.