Chip Stocks Keep Falling Even as TSMC and ASML Crush Earnings — Here’s Why

Something unusual is happening in the semiconductor sector: the earnings are outstanding, and the stocks keep falling. Taiwan Semiconductor Manufacturing (TSM) reported a record-breaking Q2 with revenue up 36% year-over-year to $40.2 billion and net income surging 77%. ASML posted a blowout quarter. Samsung Electronics reported a colossal 15-fold surge in operating profit. Yet TSMC sold off 5% after its report, ASML dropped 5%, and Samsung tanked 8%. The iShares Semiconductor ETF (SOXX), which tracks the Philadelphia Semiconductor Index and ...
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Oil Surges Past $95 as Iran War Shuts Down Two Key Shipping Routes

Crude oil prices rocketed nearly 5% on Wednesday as U.S. officials dashed hopes of a near-term diplomatic resolution with Iran, pushing Brent crude above $95 per barrel for the first time in six weeks. West Texas Intermediate (WTI) closed up more than 3%, near $89 per barrel. The catalyst: an 11th consecutive night of U.S. strikes on Iran combined with fresh attacks on commercial vessels in the Strait of Hormuz, the waterway that funnels roughly 20% of the world’s energy ...
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Mark Cuban’s Brutal Take: Your Shiny New AI Data Center Might Become a Pickleball Court

Here's a thought that should keep Big Tech executives up at night: Mark Cuban thinks a lot of the massive data centers they're building right now will eventually become... pickleball courts. The billionaire investor dropped this gem on the latest "All-In" podcast, and honestly, it's the kind of joke that lands because there's real teeth to it. Cuban's point is simple but devastating: if AI models and data centers get more efficient—which they almost certainly will—then all the computing capacity being ...
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Peacock Just Won the Streaming World Cup — Why Comcast’s Earnings Thursday Matter

The 2026 FIFA World Cup was more than a soccer tournament — it was a pivotal stress test for the streaming industry, and Comcast's (NASDAQ: CMCSA) Peacock passed convincingly. NBCUniversal's Telemundo held the Spanish-language rights, and the results were historic. The World Cup final drew nearly 24 million viewers on Telemundo, Peacock, and other NBC properties — the most-watched Spanish broadcast of a soccer match in U.S. history. Across all 104 matches, the Telemundo/Peacock combination averaged 6.3 million viewers, while ...
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Samsung Launches $2,099 Foldable Ahead of Apple’s Entry — What Investors Need to Know

Samsung fired the opening shot in what could be the most competitive smartphone battle in years. At its Galaxy Unpacked event in London on Wednesday, the South Korean tech giant unveiled three new foldable devices: the Galaxy Z Fold8 Ultra ($2,099), Galaxy Z Fold8 ($1,899), and Galaxy Z Flip8 ($1,199). The launch carries significant implications for investors in Samsung, Apple (NASDAQ: AAPL), Meta Platforms (NASDAQ: META), and Qualcomm (NASDAQ: QCOM) — all of which have skin in the emerging foldable ...
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Mortgage Rates Hit 11-Month High at 6.69% — What It Means for Homebuyers Now

The U.S. housing market is feeling the squeeze again. The average 30-year fixed mortgage rate climbed to 6.69% last week — the highest level since August 2025 — as escalating tensions in the Middle East drove oil prices sharply higher and rattled bond markets. According to the Mortgage Bankers Association, the rate ticked up from 6.65% the prior week, a move that wiped out the gains homebuyers had celebrated just weeks earlier when cooler June inflation data briefly pushed rates ...
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Tesla’s Big Earnings Moment: The Real Question Isn’t About Cars Anymore

Tesla's dropping its Q2 earnings after the bell today, and honestly? The delivery numbers already told us the good news. The company crushed expectations with 480,000+ vehicles delivered—way more than Wall Street's 400k-410k guess. So if the headline numbers are already solid, what's actually going to move the needle? Here's the thing: Tesla stopped being just a car company a while ago. Sure, the EV business is humming along nicely. Model 3 and Model Y sales are strong, energy storage deployments ...
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The Market Never Sleeps (And Nasdaq Wants to Prove It)

Remember when the stock market had business hours? Those quaint 9:30 a.m. to 4 p.m. days are about to get a serious upgrade. Nasdaq just announced it's gunning for 24-hour trading, five days a week—basically turning the market into a 24/5 operation that would make a Las Vegas casino jealous. Here's the pitch: Nasdaq President Tal Cohen says the company's been chatting with regulators and market players about this whole "never close" concept. They're filing papers with the SEC soon, with ...
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