Why Taiwan Semiconductor Stock Popped Today
Shares of Taiwan Semiconductor Manufacturing Company (NYSE: TSM) jumped 3% through 2:35 p.m. ET after CEO C.C. Wei told shareholders at the company’s annual general meeting that TSMC expects to earn “record profit” in 2025. Of particular interest to investors, Wei said he’s “not afraid” that President Donald Trump’s tariffs turmoil will keep TSMC from…
Why AppLovin Stock Jumped 46% in May
Shares of AppLovin (NASDAQ: APP), the app-based adtech platform, were soaring last month as the company reported strong first-quarter earnings report, and benefited from a broader recovery in the market and a risk-on mentality as investors downplayed the threat from tariffs and of a slowdown in the economy. According to data from S&P Global Market…