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Why Chip Stocks Are Dipping This Morning

It turns out there’s more to chip stocks than just AI.Taiwan Semiconductor Manufacturing Co. said Thursday the company will likely post a low-...

Billionaire Seth Klarman Says the ‘Everything Bubble’ Might Pop Soon, but Stays Heavily Invested in These 2 Stocks

Unprecedented temperatures are a common theme this summer, making it very possible this year will be the hottest year ever recorded on Earth....

Regional Banks Mixed As Reports Roll In; Truist Delivers Rare Sector Miss

Bank stocks are generally having a solid week as the largest U.S. financial institutions wrap up quarterly results and regional firms begin releasing...

Taiwan Semiconductor Cuts 2023 Sales Outlook On Continued Weak Demand

Taiwan Semiconductor Manufacturing (TSM), the world's largest contract chipmaker, beat analyst expectations for the second quarter on Thursday but disappointed with its outlook....

Futures Split As Earnings Rush In; Tesla Falls On This ‘Silly’ Reason

Dow Jones futures rose slightly early Thursday, while S&P 500 futures and Nasdaq futures fell modestly. Meanwhile, Tesla (TSLA) and Netflix (NFLX) fell...

Netflix Stock Is Sinking. It’s Not About Passwords.

Netflix Stock Is Sinking. Forget Password Sharing and Subscribers, Here’s Why. Source link

Johnson & Johnson Stock Jumps on Earnings Beat. But Talc Worries Loom.

Johnson & Johnson Stock Jumps on Earnings Beat. But Talc Worries Loom. Source link

Insurer Travelers Q2 profit slumps 98% as storms push up catastrophe losses

Travelers Companies Inc on Thursday reported a 98% fall in quarterly profit, as severe wind and hail storms in parts of the United...

Truist misses profit estimates amid bigger credit-loss provisions

(Reuters) - Truist Financial missed estimates for second-quarter profit on Thursday, as the bank set aside more rainy-day funds to cover for potential...

Xi’s Big Private-Sector Push Runs Into Wall of Skepticism

(Bloomberg) -- China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years of crackdowns and...

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