Taiwan Semiconductor Manufacturing Company reported better-than-expected second-quarter results and raised its full-year revenue outlook. The report boosted shares of other semiconductor stocks such as Nvidia and Advanced Micro Devices, and lifted the Nasdaq slightly. Stocks have been trending higher in recent days as investors expect the Federal Reserve to start cutting interest rates in September. At 10 a.m. ET, Chicago Fed President Austan Goolsby will share his thoughts on interest rates and inflation on Yahoo Finance. Trending stocks on Yahoo Finance include Netflix, Intel and Nokia.
Today’s featured guests are:
9:00 AM ET – Brian Jacobsen, Chief Economist and Strategist at Annex Wealth Management
9:20am ET – Tom Fitzgerald, TD Cohen Vice President, Airlines and Related Industries
10:40 a.m. ET – Sharon Bell, senior equity strategist at Goldman Sachs, and Carsten Breszczek, global head of macro research at ING
11:00 AM ET – Sam Stovall, chief investment strategist at CFRA Research
11:25 a.m. ET – Jonathan Gray, President and COO of Blackstone