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Chip Weakness Takes Hold, Nasdaq Stumbles
Barrons.com30d agobearish
Chip Weakness Takes Hold, Nasdaq Stumbles

Chip stock weakness was taking its toll on Thursday, and tech stocks were losing steam. The Nasdaq was down 0.6%, while the S&P fell 0.1%. The Dow looked for direction near the flatline. Memory chip stocks, like Western Digital and Micron, were some of the worst performers premarket though the chip space struggled broadly.

Taiwan Semiconductor Manufacturing Company Limited (TSM) Continued Its Rally as a Key Foundry for AI Semiconductors
Insider Monkey30d agobullish
Taiwan Semiconductor Manufacturing Company Limited (TSM) Continued Its Rally as a Key Foundry for AI Semiconductors

Janus Henderson Investors, an investment management company, released its second-quarter 2026 investor letter for the “Global Sustainable Equity Fund”. A copy of the letter can be downloaded here. Global equities experienced a robust quarter, with the Fund returning 16.17%, outperforming the Index’s 13.16% gain and the Peer Group’s 12.98% return. An overweight in information technology, particularly […]

Is the chip stock sell-off becoming a 'chicken or the egg' situation?
Yahoo Finance Video30d agobearishVIDEO
Is the chip stock sell-off becoming a 'chicken or the egg' situation?

It's a mixed bag for US equity futures (ES=F, NQ=F, YM=F) in Thursday's pre-market trading as chip stocks continue to sell-off, catalyzed by Taiwan Semiconductor Manufacturing Company's (TSM) failure to impress Wall Street investors with its robust earnings results. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Business Insider Today executive editor Dan DeFrancesco to address the turmoil occurring in the AI and memory chip space, coming after SK Hynix's (SKHY, 000660.KS) US debut last week.

Taiwan Semiconductor Manufacturing Company Limited’s (TSM) Improved Long-Term Gross Margin Guidance Signals Confidence
Insider Monkey30d agoneutral
Taiwan Semiconductor Manufacturing Company Limited’s (TSM) Improved Long-Term Gross Margin Guidance Signals Confidence

Magellan Investment Partners, an Australian investment management company, released its second-quarter 2026 investor letter for “Magellan Global Opportunities Fund”. A copy of the letter can be downloaded here. The Fund invests in companies with sustainable competitive advantages that generate returns exceeding their cost of capital over time. In Q2, the global stock market rose 13.8%, […]

Morning Bid: Damp Squib
Reuters30d agoneutral
Morning Bid: Damp Squib

What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Another day, another test for chip stocks.

US markets steady as TSMC delivers record profit and investors await key economic data: Dow Jones, S&P, Nasdaq, Wall Street Futures
InvestorsHub31d agoneutral
US markets steady as TSMC delivers record profit and investors await key economic data: Dow Jones, S&P, Nasdaq, Wall Street Futures

US stock futures traded close to flat on Thursday as investors weighed encouraging inflation data, another strong round of corporate earnings and ongoing geopolitical tensions in the Middle East. Market attention also turned to a busy schedule of economic releases and earnings reports that could shape sentiment for the remainder of the week.