"AI Megatrend" Fuels TSMC’s Record Quarter; Shares Dip on Capex Jump
TSMC boosted its 2026 capital expenditure to $60–64 billion and announced an extra $100 billion investment in Arizona fabs amid record AI-driven Q2 results.
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United Airlines Beats Q2 Estimates Despite $2.3B Fuel Cost Surge, Raises Full-Year Outlook
United Airlines reported a solid Q2 2026 beat but issued Q3 adjusted EPS guidance of $2.50–$3.50, below consensus. Strong demand helps offset surging fuel costs.
Uber Offers €41 Per Share for Delivery Hero in €12.5 Billion Deal
The move would boost Uber Eats globally but faces antitrust scrutiny.
D.C. Passes Historic RESALE Act: Capping Ticket Resale at 10% Above Face Value
The new law targets StubHub, SeatGeek, Vivid Seats and speculative scalping to protect fans.
Apple Intelligence Finally Gets Green Light in China, Boosting Upgrade Hopes
Powered by Alibaba’s Qwen model, the AI features — including upgraded Siri — are set to launch this fall with iOS 27 for Chinese users.
Novo’s Wegovy Pill Crushes Lilly’s Foundayo in Early Weight-Loss Battle
Novo Nordisk’s Wegovy pill is dominating early sales with 8x more prescriptions than Eli Lilly’s Foundayo.