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TSMC Shares Surge 4% Premarket as AI Chip Demand Drives Record Earnings

TSMC's US-based stocks rose 4% premarket after the semiconductor giant reported a 60.3% jump in net profit to $11.1 billion, beating forecasts, driven by strong AI chip demand. The...

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UnitedHealth Stocks Crash 20% in Premarket Following Bleak Earnings Forecast and Rising Costs

UnitedHealth Group Inc. shares plummeted over 20% in premarket trading after revising its earnings forecast downward, citing rising medical costs. The company's leadership vows cor...

Market

Eli Lilly's Breakthrough Weight-Loss Pill Soars Stock by 13% in Premarket Trading

Eli Lilly and Co. sees a 13% stock surge after announcing positive phase 3 results for its orforglipron weight-loss and diabetes pill, marking a significant milestone in medical tr...

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Dow Jones Dips as UnitedHealth Forecast Disappoints, Nasdaq and S&P 500 Show Resilience

US markets opened mixed with Dow Jones down due to UnitedHealth's weak forecast, while Nasdaq and S&P 500 showed gains. Key earnings reports and economic data released, highlightin...

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Oil Prices Jump 2% Amid Rising Middle East Tensions and Global Sanctions

Oil prices surged by 2% as Middle East tensions escalated, with Israel threatening Iran over nuclear weapons and the US sanctioning a Chinese refinery for using Iranian oil. WTI an...

Market

European Markets React: ECB's Seventh Rate Cut Sparks Mostly Lower Closures

European markets closed mostly lower after the ECB's seventh rate cut in a year, with investors also reacting to Germany's lower producer prices and Switzerland's trade surplus. Ke...

Market

TSMC Surges 4% Premarket: A Stellar Earnings Beat Fueled by AI Chip Demand

TSMC's stocks rose 4% premarket after surpassing Q1 earnings forecasts with a net profit of $11.1 billion, driven by AI chip demand. The company maintains its growth forecast despi...

Market

UnitedHealth Shares Crash 20% in Premarket Amid Rising Costs and Medicare Scrutiny

UnitedHealth Group Inc. sees a 20% premarket drop after revising its 2025 forecast due to rising healthcare costs. The company faces Senate scrutiny over Medicare billing practices...