1 day ago
Chipotle stock dropped 5% Tuesday with no confirmed news behind the move, but remains up 5% for the month, pointing to profit taking not panic.
The CDC confirmed no ongoing consumer risk from the summer salmonella outbreak, and Chipotle stock actually rose while that investigation was open.
Broad benchmarks and QSR peers fell only between 0.5 and 3% on Tuesday, isolating Chipotle's move as stock-specific, with the next real catalyst on October 28.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Chipotle Mexican Grill (NYSE:CMG) stock is down 5% to $35.32 in Tuesday morning trading, a sharp break from a stretch that had the shares grinding higher through the first half of September. The move stands out because it doesn't match a broad tape decline or a food and beverage sector rout of similar magnitude. That forces the question of what specifically is hitting Chipotle today when the peer group is barely giving ground.
#october
The CDC confirmed no ongoing consumer risk from the summer salmonella outbreak, and Chipotle stock actually rose while that investigation was open.
Broad benchmarks and QSR peers fell only between 0.5 and 3% on Tuesday, isolating Chipotle's move as stock-specific, with the next real catalyst on October 28.
Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor)
Chipotle Mexican Grill (NYSE:CMG) stock is down 5% to $35.32 in Tuesday morning trading, a sharp break from a stretch that had the shares grinding higher through the first half of September. The move stands out because it doesn't match a broad tape decline or a food and beverage sector rout of similar magnitude. That forces the question of what specifically is hitting Chipotle today when the peer group is barely giving ground.
#october
5 days ago
Back in the late 70s and early 1980s, my small town had a mom-and-pop convenience store, Paul's Market, as well as one location of a regional chain, Richdale's. It later added a store from a larger chain, White Hen Pantry.
7-Eleven and other large chains existed, but local stores, even one-offs, were common. Now, just over the past few years, a number of bigger players have swallowed up some smaller chains.
The banner retirements are real and named, according to data from NACS Magazine.
GetGo was sold to Circle K, Redwood Markets went to Jacksons (24 stores, California), and Maverick bought the ****** & Go Brand, which included about 400 locations. In all three cases, the name changes were gradual as stores got remodeled, but in the end, the classic names disappeared.
Now, the same thing has happened again as Casey's has begun the process of removing the CEFCO name from the 198 stores it added when it bought the rival chain in 2024.
#store
7-Eleven and other large chains existed, but local stores, even one-offs, were common. Now, just over the past few years, a number of bigger players have swallowed up some smaller chains.
The banner retirements are real and named, according to data from NACS Magazine.
GetGo was sold to Circle K, Redwood Markets went to Jacksons (24 stores, California), and Maverick bought the ****** & Go Brand, which included about 400 locations. In all three cases, the name changes were gradual as stores got remodeled, but in the end, the classic names disappeared.
Now, the same thing has happened again as Casey's has begun the process of removing the CEFCO name from the 198 stores it added when it bought the rival chain in 2024.
#store
14 days ago
Shares in rare-earth materials and magnets company MP Materials (NYSE: MP) rose by 32.3% in August, according to data from S&P Global Market Intelligence. The move comes in response to a positive second-quarter earnings report released early in the month and improving sentiment regarding the geostrategic importance of companies that can provide a domestic source of critical rare-earth materials.
A quick look at the stock's performance compared to its peer, USA Rare Earth (NASDAQ: USAR), reveals that they both outperformed last month. One reason comes down to a series of ***** -for-tat trade actions that took place during the month. While tariffs on polysilicon and pecans are unlikely to move markets, they represent a soft escalation ahead of a summit between Presidents Xi and Trump in late September.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Such developments underline the strategic importance of the support the U.S government is giving MP Materials as it executes its mine-to-magnet business plan that will provide non-China sourced and domestically produced rare-earth magnets,
As previously discussed, buying stock in MP Materials implies a belief in the company's ability to execute its plan to ramp magnet production, build out a major new production facility, "10X," and overcome any potential regulatory and environmental hurdles at Mountain Pass (a rare-earth mine operated by MP Materials).
#month #company
A quick look at the stock's performance compared to its peer, USA Rare Earth (NASDAQ: USAR), reveals that they both outperformed last month. One reason comes down to a series of ***** -for-tat trade actions that took place during the month. While tariffs on polysilicon and pecans are unlikely to move markets, they represent a soft escalation ahead of a summit between Presidents Xi and Trump in late September.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Such developments underline the strategic importance of the support the U.S government is giving MP Materials as it executes its mine-to-magnet business plan that will provide non-China sourced and domestically produced rare-earth magnets,
As previously discussed, buying stock in MP Materials implies a belief in the company's ability to execute its plan to ramp magnet production, build out a major new production facility, "10X," and overcome any potential regulatory and environmental hurdles at Mountain Pass (a rare-earth mine operated by MP Materials).
#month #company
21 days ago
Georgia Power has secured regulatory approval for a contract to supply OpenAI's planned project in Effingham County, Georgia, adding 3,200 megawatts of potential new electricity demand to one of the fastest-growing large-load markets in the United States.
The agreement, approved through the Georgia Public Service Commission's regulatory process, requires OpenAI to cover the full cost of infrastructure needed specifically to serve the project, according to Georgia Power.
OpenAI has also committed to make as much as 1,000 MW of its demand flexible. That would allow Georgia Power to curtail power deliveries to the facility during periods of high system demand, potentially reducing the amount of new generation capacity the utility needs to build solely to accommodate load growth.
The scale of the contract illustrates how artificial intelligence and data center development are reshaping US electricity demand. A 3.2-GW load is comparable to the output of several large conventional power plants and represents a substantial addition to Georgia Power's system.
Georgia Power said revenues from OpenAI and other large-load customers already announced, together with projected additional growth, are expected to generate approximately $950 million in annual savings for customers beginning in 2029.
#georgia #openai #regulatory
The agreement, approved through the Georgia Public Service Commission's regulatory process, requires OpenAI to cover the full cost of infrastructure needed specifically to serve the project, according to Georgia Power.
OpenAI has also committed to make as much as 1,000 MW of its demand flexible. That would allow Georgia Power to curtail power deliveries to the facility during periods of high system demand, potentially reducing the amount of new generation capacity the utility needs to build solely to accommodate load growth.
The scale of the contract illustrates how artificial intelligence and data center development are reshaping US electricity demand. A 3.2-GW load is comparable to the output of several large conventional power plants and represents a substantial addition to Georgia Power's system.
Georgia Power said revenues from OpenAI and other large-load customers already announced, together with projected additional growth, are expected to generate approximately $950 million in annual savings for customers beginning in 2029.
#georgia #openai #regulatory
28 days ago
On August 12, Tencent Music Entertainment Group (NYSE:TME) held its second-quarter 2026 earnings call, and the numbers told a story bigger than a music app. Total revenue reached RMB 8.9 billion, up 6% year over year, with the freshly consolidated audio platform Ximalaya adding roughly RMB 0.4 billion of that total. Music-related services revenue climbed 11%, and membership revenue rose 8% to RMB 4.8 billion. But the more interesting shift is happening beyond the subscription numbers, in concert stadiums, merchandise tables and a new audio business the company is only beginning to fold in.
Tencent Music is no longer content collecting streaming fees. Management pointed to live entertainment and artist merchandise as the fastest-growing part of the business, with both delivering strong double-digit year-over-year growth in the quarter. One collaborating rapper's stadium tour opener in Xi'an drew more than 30,000 fans, while another artist wrapped two consecutive sold-out arena shows in Hangzhou and a third sold-out debut arena show in Shenzhen quickly after tickets went on sale. The company's own concert franchise, TIMA, moved to a larger Hong Kong venue this year and more than tripled its audience capacity from last year's event. Fan meetings in Macau for an SM Entertainment trainee group drew tens of thousands of attendees and strong merchandise sales, and the company also invested in The Black Label to expand artist promotion and merchandise collaboration. None of this shows up cleanly in a subscriber count, but it is where TME is choosing to put its energy and capital.
The financial base underneath these bets held up too. Adjusted EBITDA rose 5% to RMB 3.3 billion, non-IFRS net profit attributable to equity holders rose to RMB 2.5 billion from RMB 2.4 billion a year earlier, and IFRS net profit climbed 4% to RMB 2.7 billion. Combined cash, deposits and short-term investments grew to RMB 44.2 billion from RMB 41 billion just three months earlier. The company also kept buying back stock, repurchasing 43.5 million shares for $400 million during the quarter under a program it expects to complete on schedule.
The acquisition that management is most excited about is also the one that muddies the picture. Ximalaya's consolidation contributed positively to both membership and advertising revenue this quarter, and after accounting for amortization of intangible ******* ets under purchase accounting, it had a favorable effect on gross margin as well. That is a lot of moving parts feeding into headline numbers that otherwise look straightforward. Strip out the roughly RMB 0.4 billion Ximalaya added, and the underlying growth rate looks noticeably softer than the 6% topline figure suggests.
#billion #music #revenue #rose
Tencent Music is no longer content collecting streaming fees. Management pointed to live entertainment and artist merchandise as the fastest-growing part of the business, with both delivering strong double-digit year-over-year growth in the quarter. One collaborating rapper's stadium tour opener in Xi'an drew more than 30,000 fans, while another artist wrapped two consecutive sold-out arena shows in Hangzhou and a third sold-out debut arena show in Shenzhen quickly after tickets went on sale. The company's own concert franchise, TIMA, moved to a larger Hong Kong venue this year and more than tripled its audience capacity from last year's event. Fan meetings in Macau for an SM Entertainment trainee group drew tens of thousands of attendees and strong merchandise sales, and the company also invested in The Black Label to expand artist promotion and merchandise collaboration. None of this shows up cleanly in a subscriber count, but it is where TME is choosing to put its energy and capital.
The financial base underneath these bets held up too. Adjusted EBITDA rose 5% to RMB 3.3 billion, non-IFRS net profit attributable to equity holders rose to RMB 2.5 billion from RMB 2.4 billion a year earlier, and IFRS net profit climbed 4% to RMB 2.7 billion. Combined cash, deposits and short-term investments grew to RMB 44.2 billion from RMB 41 billion just three months earlier. The company also kept buying back stock, repurchasing 43.5 million shares for $400 million during the quarter under a program it expects to complete on schedule.
The acquisition that management is most excited about is also the one that muddies the picture. Ximalaya's consolidation contributed positively to both membership and advertising revenue this quarter, and after accounting for amortization of intangible ******* ets under purchase accounting, it had a favorable effect on gross margin as well. That is a lot of moving parts feeding into headline numbers that otherwise look straightforward. Strip out the roughly RMB 0.4 billion Ximalaya added, and the underlying growth rate looks noticeably softer than the 6% topline figure suggests.
#billion #music #revenue #rose
1 month ago
Electronic Arts announced the completion of its acquisition by a consortium comprising Saudi Arabia's Public Investment Fund, private equity firm Silver Lake, and Affinity Partners, the investment firm led by Jared Kushner. The deal, valued at $55 billion, closed on Tuesday, according to CNBC.
EA shareholders received $210 in cash per share. The company's stock has ceased trading and has been delisted from Nasdaq, EA said.
The consortium's agreement to acquire the Redwood City, California-based video game maker was first announced on September 29, 2025, and EA stockholders approved the deal at a special meeting on December 22, 2025.
Andrew Wilson, chairman and CEO of Electronic Arts, said in a statement that the company would "invest boldly, accelerate innovation, and build the next generation of games and experiences" with its new partners.
Turqi Alnowaiser, deputy governor and head of international investments at PIF, noted that the fund had been a minority investor in EA for more than five years. "Entertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world," he said in a statement.
#electronic #arts #announced #deal
EA shareholders received $210 in cash per share. The company's stock has ceased trading and has been delisted from Nasdaq, EA said.
The consortium's agreement to acquire the Redwood City, California-based video game maker was first announced on September 29, 2025, and EA stockholders approved the deal at a special meeting on December 22, 2025.
Andrew Wilson, chairman and CEO of Electronic Arts, said in a statement that the company would "invest boldly, accelerate innovation, and build the next generation of games and experiences" with its new partners.
Turqi Alnowaiser, deputy governor and head of international investments at PIF, noted that the fund had been a minority investor in EA for more than five years. "Entertainment and sports are key areas of strategic focus for PIF, and are among the fastest growing and evolving sectors around the world," he said in a statement.
#electronic #arts #announced #deal
2 months ago
When it comes to building wealth, personal finance guru Dave Ramsey has never been a fan of car loans.
"If you want to be middle class, stay in car debt," Ramsey once said to a caller who was thinking about purchasing a car he couldn't quite afford. "You will never build wealth because it will suck the bone marrow out of your money."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#dave #never #jeff
"If you want to be middle class, stay in car debt," Ramsey once said to a caller who was thinking about purchasing a car he couldn't quite afford. "You will never build wealth because it will suck the bone marrow out of your money."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#dave #never #jeff
2 months ago
The AI buildout has resulted in an unanticipated casualty distant from Silicon Valley: telecom equipment manufacturers, who now compete with hyperscalers for the same memory chips. Three major companies, SK Hynix, Samsung, and Micron, control more than 95% of worldwide DRAM production, and as AI data centers use an increasing share of that output, memory chips used in telecom base stations become scarcer and more expensive as a direct result. That is the mechanism behind Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC)'s worst single-day stock reaction in nearly three years.
The company's shares plunged about 12% on July 14, reaching their lowest level since February, after Ericsson warned that growing component costs, particularly memory chips, will affect margins in the future. Looking into Ericsson's Q2 2026 results, the market's harsh reaction was more about forward guidance rather than a breakdown in existing operational execution. Adjusted EPS was SEK 1.22 (~$0.13), which was in line with market expectations. Adjusted gross margin increased to 48.4%, a two-percentage-point year-over-year rise after normalizing for a prior-period IPR licensing settlement. Meanwhile, reported net sales declined 6% to SEK 52.7 billion ($5.62 billion), missing the SEK 53.71 billion forecast, while organic sales excluding currency and one-offs remained essentially flat.
What worried investors was guidance and cash flow, not the print itself. Free cash flow before M&A fell to SEK 0.4 billion from SEK 2.6 billion a year ago, owing to increased inventories being accumulated ahead of scheduled third-quarter deliveries. Management forecasted Q3 Networks adjusted gross margin to a range of 48% to 50%, a slight decrease from Q2 levels, noting a higher share of lower-margin network rollout projects and component inflation developing "gradually" during the second half of 2026 and into 2027.
Jefferies, which rated the stock at a Hold with a target price of 98 Kronor, framed the sales miss as being centered primarily on delayed India deliveries within the Networks division as opposed to broad-based demand weakness, and noted Ericsson is forecasting a stronger-than-seasonal third quarter as those delayed deliveries arrive.
The sudden selloff has generated an attractive valuation gap for long-term investors. Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) is currently trading at a 14.45x forward P/E multiple, representing a significant discount to key infrastructure rivals such as Nokia, which trade on similar 5G-cycle and edge-connectivity theses. The market's knee-jerk reaction appears to regard temporary component inflation as a permanent weakening of Ericsson's earnings potential, resulting in a clear disparity between price and underlying value.
#billion #adjusted #memory
The company's shares plunged about 12% on July 14, reaching their lowest level since February, after Ericsson warned that growing component costs, particularly memory chips, will affect margins in the future. Looking into Ericsson's Q2 2026 results, the market's harsh reaction was more about forward guidance rather than a breakdown in existing operational execution. Adjusted EPS was SEK 1.22 (~$0.13), which was in line with market expectations. Adjusted gross margin increased to 48.4%, a two-percentage-point year-over-year rise after normalizing for a prior-period IPR licensing settlement. Meanwhile, reported net sales declined 6% to SEK 52.7 billion ($5.62 billion), missing the SEK 53.71 billion forecast, while organic sales excluding currency and one-offs remained essentially flat.
What worried investors was guidance and cash flow, not the print itself. Free cash flow before M&A fell to SEK 0.4 billion from SEK 2.6 billion a year ago, owing to increased inventories being accumulated ahead of scheduled third-quarter deliveries. Management forecasted Q3 Networks adjusted gross margin to a range of 48% to 50%, a slight decrease from Q2 levels, noting a higher share of lower-margin network rollout projects and component inflation developing "gradually" during the second half of 2026 and into 2027.
Jefferies, which rated the stock at a Hold with a target price of 98 Kronor, framed the sales miss as being centered primarily on delayed India deliveries within the Networks division as opposed to broad-based demand weakness, and noted Ericsson is forecasting a stronger-than-seasonal third quarter as those delayed deliveries arrive.
The sudden selloff has generated an attractive valuation gap for long-term investors. Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) is currently trading at a 14.45x forward P/E multiple, representing a significant discount to key infrastructure rivals such as Nokia, which trade on similar 5G-cycle and edge-connectivity theses. The market's knee-jerk reaction appears to regard temporary component inflation as a permanent weakening of Ericsson's earnings potential, resulting in a clear disparity between price and underlying value.
#billion #adjusted #memory
2 months ago
Interested in The Boston Beer Company, Inc.? Here are five stocks we like better.
The Russell 2000 small-cap index has risen about 18% in 2026, roughly double the S&P 500, as investors rotate away from pricey technology stocks.
Boston Beer remains a Hold after lowering its 2026 earnings guidance and trading at an eight-year low, though **** ysts see over 20% upside ahead of its July 23 earnings report.
Opera Limited is rated a Buy due to strong AI-driven revenue growth, undervalued financials, a dividend yield above 4%, and a $300 million buyback plan, while Lindblad Expeditions looks attractive long term but extended in the short term.
As of July 20, the Russell 2000 index, often referred to as the small-cap index, is up approximately 18% in 2026. That's about double the gains of the S&P 500 and evidence of the sector rotation in the market. The idea is that many investors who are looking for alternatives to technology stocks and their frothy valuations are turning to small-cap stocks that have sold off sharply.
#stocks #july
The Russell 2000 small-cap index has risen about 18% in 2026, roughly double the S&P 500, as investors rotate away from pricey technology stocks.
Boston Beer remains a Hold after lowering its 2026 earnings guidance and trading at an eight-year low, though **** ysts see over 20% upside ahead of its July 23 earnings report.
Opera Limited is rated a Buy due to strong AI-driven revenue growth, undervalued financials, a dividend yield above 4%, and a $300 million buyback plan, while Lindblad Expeditions looks attractive long term but extended in the short term.
As of July 20, the Russell 2000 index, often referred to as the small-cap index, is up approximately 18% in 2026. That's about double the gains of the S&P 500 and evidence of the sector rotation in the market. The idea is that many investors who are looking for alternatives to technology stocks and their frothy valuations are turning to small-cap stocks that have sold off sharply.
#stocks #july
2 months ago
Filing for Social Security at 62 instead of FRA permanently slashes monthly benefits by roughly 30%, cutting every future check for life.
Delaying Social Security past FRA delivers an 8% government-backed, inflation-adjusted raise each year you wait, beating CDs at 2% and 10-year Treasuries at 5%.
A bold career move only pays off at 63 if it extends earnings and preserves the ability to delay filing; failure forces early claiming against a median 401(k) of just $247,000.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
He is 63, sitting on a decent nest egg, and the phone keeps ringing. A former colleague wants him to join a startup. A competitor is dangling a senior role that pays more but demands a move across the country. His wife thinks he should coast to 65. He is thinking about going all in.
Delaying Social Security past FRA delivers an 8% government-backed, inflation-adjusted raise each year you wait, beating CDs at 2% and 10-year Treasuries at 5%.
A bold career move only pays off at 63 if it extends earnings and preserves the ability to delay filing; failure forces early claiming against a median 401(k) of just $247,000.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don't waste another minute; learn more here.
He is 63, sitting on a decent nest egg, and the phone keeps ringing. A former colleague wants him to join a startup. A competitor is dangling a senior role that pays more but demands a move across the country. His wife thinks he should coast to 65. He is thinking about going all in.
2 months ago
Wedgewood Partners, an investment management company, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here. Wedgewood Composite delivered a net return of 9.4% in the second quarter compared to 15.2% for the Standard & Poor's 500 Index, 16.7% for the Russell 1000 Growth Index, and 13.9% for the Russell 1000 Value Index. The firm is optimistic about the long-term growth of hyperscalers and has increased its investments in this sector, citing their significant earnings potential and crucial role in AI adoption. Capital has also been redirected towards technology hardware stocks, especially semiconductors, which now make up a larger share of the S&P 500 Index. Semiconductor stocks have benefited from hyperscalers' spending, but the firm expresses caution about cyclical risk and volatility. However, the momentum-driven market negatively affected the Wedgewood fund's high-quality stocks, leading to a 25% return over the past 15 months, significantly underperforming the 90% gain of the S&P 500 Momentum ETF (SPMO). In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, Wedgewood Partners highlighted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) as a top contributor to performance. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world's leading contract chip manufacturer, producing advanced semiconductors for major global technology companies. On July 16, 2026, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) closed at $409.74 per share. One-month return of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was -13.23%, and its shares gained 66.80% over the past 52 weeks. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has a market capitalization of $1.98 trillion.
Wedgewood Partners stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q2 2026 investor update:
"Top performance contributors for the second quarter include Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Alphabet, United Rentals, Apple, and Visa.
Another beneficiary of the AI spending boom has been Taiwan Semiconductor Manufacturing. Revenues grew by more than 40% (in USD), on top of 40% growth last year. Its leading-edge fabs and packaging capacity are fully booked, driving margins to all-time highs. Much of this capacity was put in place a few years ago, before generative AI was a household and business-wide term. More recent demand signals from customers - including Nvidia, Broadcom, and even Micron - indicate AI-related growth of over 50% per annum through 2029. Whereas the Company used to have demand visibility only a few quarters out, it now has visibility a few years out. As with long-held portfolio risk mitigation, we limit all positions to 10% weightings. We believe it is prudent to maintain this risk-management limit on the stock, especially
In its Q2 2026 investor letter, Wedgewood Partners highlighted Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) as a top contributor to performance. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is the world's leading contract chip manufacturer, producing advanced semiconductors for major global technology companies. On July 16, 2026, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) closed at $409.74 per share. One-month return of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) was -13.23%, and its shares gained 66.80% over the past 52 weeks. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) has a market capitalization of $1.98 trillion.
Wedgewood Partners stated the following regarding Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) in its Q2 2026 investor update:
"Top performance contributors for the second quarter include Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Alphabet, United Rentals, Apple, and Visa.
Another beneficiary of the AI spending boom has been Taiwan Semiconductor Manufacturing. Revenues grew by more than 40% (in USD), on top of 40% growth last year. Its leading-edge fabs and packaging capacity are fully booked, driving margins to all-time highs. Much of this capacity was put in place a few years ago, before generative AI was a household and business-wide term. More recent demand signals from customers - including Nvidia, Broadcom, and even Micron - indicate AI-related growth of over 50% per annum through 2029. Whereas the Company used to have demand visibility only a few quarters out, it now has visibility a few years out. As with long-held portfolio risk mitigation, we limit all positions to 10% weightings. We believe it is prudent to maintain this risk-management limit on the stock, especially
