KEY TAKEAWAYS Taiwan Semiconductor Manufacturing Co. on Thursday boosted its full-year revenue growth projections, as strong AI demand continued to fuel results at the world’s largest contract chipmaker. CEO C.C. Wei said he saw full-year sales growth of around 30% in U.S. dollar terms, up from around mid-20% levels previously. TSMC’s second-quarter earnings per share and revenue came in higher than …
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Speech by Governor Waller on the economic outlook
Thank you, John, and thank you for the invitation to speak to you today. My purpose this evening is to explain why I believe that the Federal Open Market Committee (FOMC) should reduce our policy rate by 25 basis points at our next meeting.1 I used to tell my junior research colleagues that presentations are not murder mysteries—just tell the …
Read More »PepsiCo Stock Rises After Earnings. Why the Dollar Is Helping Its Outlook. – Barron's
PepsiCo Stock Rises After Earnings. Why the Dollar Is Helping Its Outlook. Barron’s PepsiCo earnings beat estimates even as U.S. demand falls CNBC PepsiCo expects smaller drop in annual profit on US soda demand, weaker dollar Yahoo Finance PepsiCo gains after strong international results; Coca-Cola and beverage peers also gain (PEP:NASDAQ) Seeking Alpha How Will PepsiCo Stock React To Its Upcoming Earnings? Nasdaq Source link
Read More »Trade Deadline Outlook: Arizona Diamondbacks
The Diamondbacks are hanging on the outskirts of the playoff race. They enter the All-Star Break three games below .500 and 5.5 back in a strong National League playoff field. They’d surely prefer to buy in a season where they’re running a franchise-record payroll and facing a number of potential free agent departures. With playoff odds hovering around 10% and …
Read More »ASML Hedges Growth Outlook for 2026 as Trade Wars Weigh on Sales
(Bloomberg) — ASML Holding NV Chief Executive Officer Christophe Fouquet walked back the company’s sales forecast for next year, blaming trade disputes and global tensions. Most Read from Bloomberg “We continue to see increasing uncertainty driven by macro-economic and geopolitical developments,” Fouquet said in a statement on ASML’s quarterly results Wednesday. “Therefore, while we still prepare for growth in 2026, …
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