Pack Your (Money) Bags. It’s Time to Hit the Road to Greener Markets.
Here’s why you should use this Vanguard ETF to move some of your money outside of the U.S.
Why I Bought Nvidia Into Monday’s AI Panic
The AI selloff has investors running. I’m doing the opposite.
Oil and Yields Drive Equity Losses for a Fourth Session
Another leg higher in oil, on top of a firm inflation backdrop, lifted Treasury yields to multi-year highs, hardening Fed rate-hike bets into next week’s meeting, and driving a fourth straight day of equity losses.
Equity Slide Enters Fourth Day
Oil climbs and treasury yields hit fresh multi-year highs, pressuring stocks for a fourth consecutive day.
Taiwan Semi’s August Revenue Surges: 8 Key Items Shaping the Pro Portfolio Today
Bullish AI chip comments, Palantir’s AIPCon event, Costco warehouse openings, and other headlines are moving the Pro Portfolio’s holdings.
Bessent’s Big ‘Bazooka’ Not Big Enough, Trump’s $5G Promise, Debt Woes
Let’s see why the $6B repurchase plan let down investors and bond traders, check the math on Trump’s $5G ‘dividend’ promise, and … a Nvidia probe.
Taiwan Semi’s August Revenue Soars
Taiwan Semiconductor Manufacturing ($TSM) reported August consolidated revenue of NT$514.81 billion, up 53.3%, year over year, from NT$335.77 billion.
August revenue increased 10.1% sequentially from NT$467.58 billion in July.
Here’s the thing, that 53.3% August revenue growth is a reacceleration from the 44.7% year-over-year figure posted in July.
That follows the record August revenue reported a few days ago by Foxconn of ~$29.14 billion, up 52% year over year.
Our read-through on those data points are positive for the Portfolio’s chip holdings and support the view that chip capacity is poised to remain tight for some time, a strong positive for our position in Applied Materials ($AMAT).
Position: TheStreet Pro Portfolio is long AMAT shares.
Reading Through Comments From Applied Material’s Investor Conference
Signs point to tight chip capacity remaining in play for some time leading to favorable pricing.
New Intel Price Target After CPU Hike Report
A significant upgrade for the Big Tech firm turned heads on Wall Street.
Buying More of This Semi-Cap Play on Tightening Industry Capacity
Tight capacity levels bode well for orders and favorable pricing, bringing nice operating leverage.