TSMC’s Surge vs. Market Dip | Business and Finance News episode artwork

EPISODE · Jul 16, 2026 · 1 MIN

TSMC’s Surge vs. Market Dip | Business and Finance News

from The Daily News Now! Business

TSMC just smashed earnings records for the fifth straight quarter, yet the market reacted with a Nasdaq plunge—driven mostly by a nosedive in the semiconductor sector, where stocks like Sandisk and Western Digital dragged the index down over four percent. Meanwhile, SpaceX’s post-IPO stock hit a new low, trading below its initial offering price for the first time since going public, even as giants like UnitedHealth soared on strong earnings. It’s a wild market—some tech sectors are tanking while others soar, proving volatility’s the name of the game. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c4fc1e002f4062d6

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TSMC’s Surge vs. Market Dip | Business and Finance News

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