A motorcycle is seen near a building of the Taiwan Semiconductor Manufacturing Company (TSMC), which is a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Ceng | Anadolu | Getty Images Semiconductor stocks declined Friday following a report that the U.S. is weighing measures that would terminate…
The Club’s 10 things to watch Friday, June 20 1. Wall Street is on pace for a higher open this morning as investors await President Donald Trump’s decision on direct U.S. involvement in the Israel-Iran conflict. Oil futures gave up earlier gains, while natural gas hit its highest level since early April. Fed Governor Christopher…
Tariff headwinds do not seem to be hurting Taiwan Semiconductor Manufacturing Company for now. The semiconductor company posted revenue of 839.25 billion New Taiwan dollars, beating the NT$835.13 billion analysts polled by LSEG had expected. The company’s net income of NT$361.56 billion also exceeded the NT$354.14 billion forecast. U.S.-listed shares of the semiconductor giant traded…
Nvidia ‘s China problem reared its head once again, underscoring why Jim Cramer said this week that the AI chipmaker’s stock has been difficult to own during the second Trump administration. In a securities filing Tuesday night, Nvidia said the U.S. government will require the company to obtain an export license to ship its H20…
You often hear the word “reset” when analysts come on television to describe what’s happening now. That’s genuine Wall Street gibberish and, as you know, I don’t like that language. I translate it on the spot. A reset really means something bad is happening that has caught us by surprise. We can no longer like…
My top 10 things to watch Friday, April 4 1. Get out now moment? There should never be one. Treasury yields say recession? Yes. But there are things that can help the economy such as lower interest rates. The market now sees five Fed rate cuts this year. 2. Futures tied to the Dow ,…
CNBC’s Jim Cramer dissected Monday’s market action, attributing stocks’ rebound to investors’ hopes that a clearer future for global trade could be starting to form. “What really matters is that there’s a course of action that will allow foreign countries, or even individual foreign companies, to ameliorate tariffs,” he said. “It’s a path, and once you…
The White House on Monday downplayed the weeks long stock market sell-off, insisting that recent moves by business leaders suggest a brighter outlook for the U.S. economy. “We’re seeing a strong divergence between animal spirits of the stock market and what we’re actually seeing unfold from businesses and business leaders,” a White House official told…
Our president, Donald Trump , tells us that “what we are doing is big,” so there might be economic consequences to come that we don’t like. But he can’t change the plan, whatever the heck the plan is. Our Treasury secretary, Scott Bessent, comes on CNBC and tells us that the economy has to detox…
My top 10 things to watch Tuesday, March 4 1. Tariffs lower the price we will pay for stocks. Remember, we are now in the era of “Every Day Lower Prices,” call it the Walmart-White House. This is from a president who used the market to measure success. 2. Wall Street was under pressure again…