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TSMC Q2 profit jumps 77% to record, far surpasses expectations
Reuters37d agobullish
TSMC Q2 profit jumps 77% to record, far surpasses expectations

TSMC, the world's largest ‌contract chipmaker, posted ‌a 77% jump in second-quarter ​net profit on Thursday, beating market forecasts and hitting a record, ‌riding ⁠the wave of surging global demand for ⁠its artificial intelligence processors. Taiwan Semiconductor Manufacturing ​Co, whose ​customers ​include Nvidia and ‌Apple, saw April-June net profit rise to T$706.6 billion ($21.99 billion). The profit handily beat a T$632.6 ‌billion LSEG ​SmartEstimate, which ​is ​weighted toward forecasts ‌from analysts who are ​more ​consistently accurate.

Okta (OKTA) Wins Partner Recognition For Identity Security Push In Cloud And AI
Simply Wall St.37d agobullish
Okta (OKTA) Wins Partner Recognition For Identity Security Push In Cloud And AI

Okta and Master Concept were recognized for their collaboration in identity security for complex cloud and AI environments. Master Concept received the Okta Catalyst Award for Strategic Excellence, highlighting joint work across Asia. The award points to concrete business development and market expansion activity that adds to Okta's global identity security footprint. For investors tracking Okta, ticker NasdaqGS:OKTA, this award highlights how the company is working with partners to address...

Aehr Test Systems (AEHR) Beat On Q4 Results, Is The Valuation Gap Too Wide?
Simply Wall St.37d agobullish
Aehr Test Systems (AEHR) Beat On Q4 Results, Is The Valuation Gap Too Wide?

Aehr Test Systems (AEHR) kicked off its latest earnings season with Q4 2026 results that drew fresh attention to the stock, as investors weighed a quarterly profit against a weaker full year. See our latest analysis for Aehr Test Systems. The earnings surprise has been reflected in Aehr Test Systems’ share price, with a 1-day share price return of 21.91% and 7-day share price return of 29.31%. However, the 30-day share price return is down 24.24%. Over the past year, total shareholder return...

How Investors May Respond To Charles Schwab (SCHW) Upbeat Earnings Revisions Ahead Of July 21 Report
Simply Wall St.37d agobullish
How Investors May Respond To Charles Schwab (SCHW) Upbeat Earnings Revisions Ahead Of July 21 Report

In the past week, analysts have become more optimistic about The Charles Schwab Corporation’s upcoming June-quarter earnings, with the Most Accurate Estimate now above the Zacks Consensus Estimate and results scheduled for release on July 21, 2026. This recent shift in analyst expectations highlights growing confidence in Schwab’s near-term earnings power and places extra focus on how the firm is converting its expanding client base and digital initiatives into profit growth. With analyst...

PayPal stock jumps as two unlikely buyers circle with billions
TheStreet37d agobullish
PayPal stock jumps as two unlikely buyers circle with billions

PayPal Holdings (PYPL) is fielding a joint takeover offer from Stripe and private equity firm Advent International worth more than $53 billion, according to Reuters. PayPal runs the checkout button behind millions of online stores and owns Venmo, making it one of the few consumer payment brands ...

Capital One Financial (COF) Is Up 8.8% After Cluster Of Upbeat Wall Street Analyst Calls
Simply Wall St.37d agobullish
Capital One Financial (COF) Is Up 8.8% After Cluster Of Upbeat Wall Street Analyst Calls

In recent days, several major Wall Street firms, including UBS, BTIG, HSBC and Piper Sandler, have issued upbeat analyst calls on Capital One Financial, adding fresh positive coverage to the stock. This cluster of supportive opinions from high-profile analysts appears to have shifted investor attention toward Capital One’s perceived quality and relative value. Next, we’ll examine how this wave of optimistic analyst coverage interacts with Capital One’s existing investment narrative and risk...

Bristol Myers Squibb (BMY) Wins FDA Review For Mezigdomide In Multiple Myeloma
Simply Wall St.37d agobullish
Bristol Myers Squibb (BMY) Wins FDA Review For Mezigdomide In Multiple Myeloma

FDA has accepted Bristol Myers Squibb's New Drug Application for mezigdomide in combination with carfilzomib and dexamethasone for relapsed or refractory multiple myeloma. The filing is supported by a Phase 3 trial that showed a meaningful improvement in progression free survival for this patient group. This decision marks a key regulatory milestone for NYSE:BMY's oncology pipeline and could influence how investors view its future revenue mix. Bristol-Myers Squibb enters this news cycle...

Oracle’s stock buybacks & how they boost Larry Ellison’s net worth
TheStreet37d agobullish
Oracle’s stock buybacks & how they boost Larry Ellison’s net worth

Oracle became a publicly traded company in 1986, and six years later in 1992, it announced its first stock buyback plan. Since then, Oracle has spent billions of dollars buying back shares. The buybacks also increased founder Larry Ellison’s stake in Oracle to nearly 41%, which has helped to ...

Global Investments In Nuclear Fusion Surge 69% To $4.5B
Oilprice.com37d agobullish
Global Investments In Nuclear Fusion Surge 69% To $4.5B

Major tech companies are backing fusion developers, with Microsoft signing a binding power purchase agreement with Helion, while Google, Nvidia, and other investors are funding companies such as Commonwealth Fusion Systems and Proxima Fusion.

TSMC's second-quarter profit seen hitting record on AI boom
Reuters37d agobullish
TSMC's second-quarter profit seen hitting record on AI boom

TSMC, the world's largest manufacturer of advanced AI chips, is expected to ‌notch a fifth consecutive quarter of record earnings on Thursday, with a ‌59% surge in net profit for April-June, driven by booming global demand for AI infrastructure. Analysts ​said demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as well as for its advanced chip packaging technology, CoWoS, remains strong. TSMC is ⁠expected to report net profit of T$632.6 billion ($19.65 billion) for the second quarter, according to an LSEG SmartEstimate compiled from 18 analysts.