Taiwan Semiconductor Manufacturing Company Limited (2330.TW)
- Yahoo Finance Video
TSMC stock slides on industry caution from management
Shares of Taiwan Semiconductor Manufacturing Company (TSM) are falling after the company posted its first quarter earnings. While the company posted a net profit of $6.97 billion, beating Wall Street expectations, company leadership cut its forecast for the overall market growth, excluding memory chips, in 2024 down to 10%. Yahoo Finance Anchors Julie Hyman and Myles Udland break down why TSMC's results are rattling the chip space. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Stocks digest rate outlook, TSMC earnings, Netflix: 3 Things
Stock futures (^DJI, ^IXIC, ^GSPC) are ticking up ahead of Thursday’s market open as Federal Reserve officials, including Cleveland Fed President Loretta Mester, indicate interest rates may stay higher for longer than expected in 2024. Taiwan Semiconductor Manufacturing Company (TSM) beats first-quarter revenue estimates, the semiconductor company's profit driven by the demand for its AI chips. Streaming platform Netflix (NFLX) is set to report earnings after the closing bell today. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Barrons.com
Microsoft, Meta, Alphabet Can Still Rally Markets After Tech Earnings Gloom, Here’s Why. And 5 Other Things to Know Before the Market Opens.
Stocks react after Israel launches Iran strike in retaliation, Netflix beats expectations as password-sharing crackdown boosts subscribers, and other news to start your day.
