TSMC CEO Pledges 30% AI Profit Incentive as Industry Booms

Excerpt from Bloomberg: “India’s oil imports from Russia have jumped by 70% since February”

Excerpt from Bloomberg: “India’s oil imports from Russia have jumped by 70% since February”

Excerpt from Bloomberg: “The sudden firing of the oil giant’s chairman raises questions about the board’s personnel decisions.”

Excerpt from Bloomberg: “Canada has entered into negotiations to buy Saab AB’s GlobalEye airborne early warning and control aircraft, Prime Minister Mark Carney said.”

Excerpt from TheStreet: “You’d expect a bank to have a strong balance sheet and offer its investors a reliable dividend payout. But you might not expect to find that its shares have more than doubled over the past 5 years, and that its dividend yield is significantly above the S&P average. Enter…”

Excerpt from Bloomberg: “Robinhood Markets Inc. customers will soon be able to direct artificial intelligence agents to trade equities and make purchases on their credit cards for them.”

Excerpt from TheStreet: “Its IP68 waterproof rating is well-suited for workouts and outdoor adventures.”

Excerpt from TheStreet: “Big box retailers are wooing return customers.”

Excerpt from Bloomberg: “Data center operator PolarDC sold €800 million ($930 million) of high-yield bonds in the biggest deal of its kind in the Nordic market.”

Excerpt from Bloomberg: “Data center operator PolarDC sold €800 million ($930 million) of high-yield bonds in the biggest deal of its kind in the Nordic market.”

Excerpt from Bloomberg: “Copper startup Quilla Resources Inc. is in discussions with prospective advisers about listing shares in Toronto as it weighs expansion plans in Peru.”

Excerpt from TheStreet: “The Centers for Medicare & Medicaid Services has issued final rules that could significantly reshape Affordable Care Act health insurance plans beginning in 2027. In an interview, Jae Oh, author of Maximize Your Medicare, explained how the changes may create more plan…”

Excerpt from Bloomberg: “President Petr Pavel chided the government for halting financial support for a Czech-led multinational ammunition program for Ukraine, saying the move weakened other allies’ willingness to contribute, Seznamzpravy.cz reported.”

Excerpt from Bloomberg: “S&P 500 Index futures rise 0.3% as of 7:35 a.m. in New York as optimism around artificial intelligence, lower oil prices and easing bond yields drives bullishness.”

Excerpt from Bloomberg: “"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's…”

Excerpt from Bloomberg: “AI optimism drives US stocks to another record high. Market capitalization of SK Hynix and Micron hit $1 trillion. Texas Attorney General Ken Paxton defeated incumbent John Cornyn winning the state's GOP Senate runoff after securing an endorsement from President Trump. Ella Gude…”

Excerpt from TheStreet: “Financial expert Suze Orman and the AARP are both sounding the alarm about retirement expenses that keep outpacing savings. Health care sits at the center of that warning, but insurance, vehicle, and relocation costs are accelerating too. A 65-year-old couple retiring in 2025…”

Excerpt from Bloomberg: “Republican hardliner Bo French defeated incumbent Texas Railroad Commissioner Jim Wright in a runoff election for the GOP nomination to sit on the Lone Star State’s chief oil regulator.”

Excerpt from Bloomberg: “Shares of billionaire Gautam Adani’s group companies have erased all losses triggered by a scathing short-seller report in 2023, as the conglomerate overcomes regulatory challenges.”

Excerpt from Bloomberg: “The European Central Bank is intent to get inflation back to its goal, Governing Council member Gabriel Makhlouf said, refusing to say if that will require an interest-rate increase next month.”

Excerpt from TheStreet: “In this interview, Will Hicks, Head of Global Retirement at FIS, explains how AI is transforming retirement and wealth management — not by replacing experts, but by amplifying their capacity. Learn how real-time, event-driven platforms, AI-assisted automation, and…”

Excerpt from Bloomberg: “The Texas Senate hopeful will face his biggest test in November”

Excerpt from Bloomberg: “Investec became the latest South African bank to issue loss-absorbing debt as local lenders work to comply with the new central bank framework.”

Excerpt from Bloomberg: “National Bank of Canada beat analyst expectations in its fiscal second quarter on strength across its major segments while also setting aside less than anticipated for bad loans.”

Excerpt from Bloomberg: “European Central Bank Vice President Luis de Guindos discusses the impact of the energy supply shock on inflation and euro-area growth. “If you look at soft indicators, sentiment indicators, these indicators clearly point at an important impact on growth,” Guindos says during an…”

Excerpt from Bloomberg: “Neither company appears content to lead just one category”

Excerpt from Bloomberg: “The European Central Bank should take a close look at how badly the Iran war is weighing on the economy when it decides whether to raise interest rates next month, according to Vice President Luis de Guindos.”

Excerpt from Bloomberg: “US mortgage rates increased last week to the highest since August, restraining home-purchase activity and prompting a sharp pullback in refinancing.”

Excerpt from Bloomberg: “It began as a concession in private conversations to assuage wary credit analysts looking at Paramount Skydance Corp.’s blockbuster takeover of Warner Bros. Discovery Inc.: a verbal pledge by the Ellison family to do whatever it takes to slash debt at the combined company.”

Excerpt from Bloomberg: “President Donald Trump finished off the political career of four-term Texas Republican US Senator John Cornyn, the latest purge in a score-settling revenge tour that burnishes his grip on the GOP base even as it threatens to undercut his near-term agenda for months to come.”

Excerpt from Bloomberg: “Former US Centcom Commander General Joseph Votel (Ret.), discusses the challenges faced by the US military in the Strait of Hormuz and in finding a peaceful solution to the war in Iran. (Source: Bloomberg)”

Excerpt from Bloomberg: “Taiwan Semiconductor Manufacturing Co. chief C.C. Wei told staff they’ll see more than a 30% bump in their profit-sharing payouts this year on average, responding after some voiced concerns over their incentive plans online.”

Excerpt from Bloomberg: “Taiwan Semiconductor Manufacturing Co. chief C.C. Wei told staff they’ll see more than a 30% bump in their profit-sharing payouts this year on average, responding after some voiced concerns over their incentive plans online.”

Excerpt from Bloomberg: “Mark Haefele, CIO of global wealth management at UBS, discusses the impact of AI on global equities as he raises his year-end target on the S&P 500 to 7,900. (Source: Bloomberg)”

Excerpt from Bloomberg: “India’s richest civic authority is planning to raise as much as 95 billion rupees ($992 million) through municipal debt in one or more tranches, marking its foray into the local-currency bond market.”

Excerpt from Bloomberg: “PDD Holding Inc.’s quarterly revenue growth missed expectations after fierce domestic competition offset an improving overseas Temu business.”

Excerpt from Bloomberg: “Finland uncovered a decade-long cartel among companies buying wild berries from people picking them in the forests and swamps across the Nordic country.”

Excerpt from Bloomberg: “SK Hynix’s value tops $1 trillion and the Kospi has doubled.”

Excerpt from Bloomberg: “Crypto exchange OKX joins KPMG and other firms changing performance evaluations”

Excerpt from Bloomberg: “South Korea said an investigation into an attack earlier this month on a cargo vessel near the Strait of Hormuz found the projectiles were likely Iranian-made anti-ship missiles.”

Excerpt from Bloomberg: “Taiwan prosecutors suspect three individuals successfully smuggled at least one shipment of Nvidia AI chips to China after first exporting them to Japan, people familiar with the matter said. The trio was detained for allegedly falsifying documents related to exports of Super…”

Excerpt from Bloomberg: “Germany’s far-right party is vetting public workers ahead of a planned purge of civil servants if it takes control in an eastern region holding an election later this year, according to people familiar with the matter.”

Excerpt from Bloomberg: “Ex-Prime Minister Tony Blair has weighed in on the state of the UK with a 5,600-word essay.”

Excerpt from Bloomberg: “Hungary withdrew its decision to exit the International Criminal Court, reversing a process initiated by the country’s previous leader, Viktor Orban.”

Excerpt from Bloomberg: “Russian airlines are circumventing US, European Union and UK sanctions by procuring aviation equipment via India, Turkey, the United Arab Emirates and Kazakhstan, among others, a Bloomberg investigation shows. Some spare parts were tracked by serial numbers as they journeyed…”

Excerpt from Bloomberg: “While software stocks rebound from the artificial intelligence-driven wipeout earlier this year, Salesforce Inc. hasn’t really benefited. But its earnings after the close Wednesday could pull the company’s shares out of their malaise.”

Excerpt from Bloomberg: “The son of a slain communist leader is rattling markets ahead of Colombia’s presidential election, as investors weigh whether he can win — and how radically he would govern if he does.”

Excerpt from Bloomberg: “Germany and Spain are leading opposition to European Commission plans to ban Chinese technology suppliers from telecom networks as part of new cybersecurity rules, according to people familiar with the negotiations.”

Excerpt from Bloomberg: “Chinese companies will pour an additional €940 million ($1.1 billion) to expand their footprint in Serbia, in a major boost to the Balkan country’s economy, President Aleksandar Vucic said.”

Excerpt from Bloomberg: “Israel stepped up attacks on Lebanon and said its ground forces would move further into the country, potentially complicating US-Iran talks on an interim peace deal.”

Excerpt from Bloomberg: “Memory chip maker ChangXin Memory Technologies Inc. has received approval from the Shanghai Stock Exchange for an initial public offering that’s on track to be the biggest in mainland China since 2022, in a milestone for one of the key technologies of the artificial intelligence…”

Excerpt from Bloomberg: “Spanish police seized information from the ruling Socialist Party’s headquarters, as part of a broad criminal investigation that’s gripping the country and roiling the government of Prime Minister Pedro Sánchez.”

Excerpt from Bloomberg: “German Economy Minister Katherina Reiche said the European Union should ensure that any measures it applies on Chinese trade don’t harm the bloc’s exports to the country.”

Excerpt from Bloomberg: “Mientras Washington intensifica la presión sobre Cuba al restringir el suministro de combustible y endurecer las sanciones económicas, también ha aumentado el cerco sobre los migrantes cubanos que viven en Estados Unidos.”

Excerpt from Bloomberg: “As Washington continues to crush the Cuban economy by cutting off its fuel and hammering it with sanctions, it’s also squeezing Cuban migrants in the US.”

Excerpt from Bloomberg: “Powerlaw Corp., a closed-end fund that owns stakes in Elon Musk’s SpaceX and artificial intelligence firm OpenAI, is going public without raising any capital in the latest public vehicle to cater to retail investors’ clamor for exposure to the hottest private tech companies.”

Excerpt from Bloomberg: “Prediction markets, where users can place bets on real-world outcomes in anything from sports and award shows to elections, interest rate decisions, and even military operations, have become a multi-billion-dollar industry in just a few years. Along the way, they have also…”

Excerpt from Bloomberg: “Sharon Bell, equity strategist at Goldman Sachs, discusses the artificial intelligence trade and why she thinks European stocks, and not just tech firms, can benefit. She speaks on Bloomberg Television. (Source: Bloomberg)”

Excerpt from Bloomberg: “Swiss voters will decide in September if the country should strengthen its commitment to neutrality, a measure that would limit the government’s ability to impose economic sanctions.”

Excerpt from Bloomberg: “As global banking executives weigh the potential impact of artificial intelligence on their industry, research by Bloomberg Intelligence finds that AI will likely impact 27% of workers across all sectors in advanced economies — more than 120 million in the 31 countries…”

Excerpt from Bloomberg: “Concerns are growing that artificial intelligence could accelerate job losses as automation spreads across industries. This segment examines whether AI will ultimately displace workers or create new forms of employment by complementing human expertise. The discussion focuses on…”

Excerpt from Bloomberg: “Strategists at Goldman Sachs Group Inc. joined peers at Morgan Stanley and Deutsche Bank AG in seeing a 17% return for the S&P 500 Index this year.”

Excerpt from Bloomberg: “Strategists at Goldman Sachs Group Inc. joined peers at Morgan Stanley and Deutsche Bank AG in seeing a 17% return for the S&P 500 Index this year.”

Excerpt from TheStreet: “Chipotle built its brand on the idea that better ingredients justify a higher price. A burrito bowl that costs twice as much as a fast-food combo is a reasonable trade if the quality gap is visible. Now Chipotle is testing something that looks very different from that playbook…”

Excerpt from Bloomberg: “Clean energy makers around the world now have double the production capacity needed to meet global renewable energy demand as factory output surges in Asia while the US and Europe lag behind.”

Excerpt from TheStreet: “"These are simple and effective."”

Excerpt from Bloomberg: “ByteDance Ltd., the developer of TikTok and a leading force in artificial intelligence, is considering increasing its capital spending to more than double last year’s in a bid to lead the Chinese AI market and challenge the top US players abroad.”

Excerpt from Bloomberg: “Thailand imposed a mandatory 21-day quarantine on people traveling from the Democratic Republic of Congo and Uganda, as the Southeast Asian travel hotspot becomes the first country in the world to implement such strict measures.”

Excerpt from Bloomberg: “Hong Kong banks are ramping up scrutiny of mainland Chinese clients opening savings and investment accounts, part of a broader push to stem capital flight after Beijing launched an unprecedented crackdown on illegal cross-border trading.”

Excerpt from Bloomberg: “European stocks gained, edging closer to their pre-war record high, as a global rally in tech boosted sentiment and easing geopolitical tensions sent oil prices lower.”

Excerpt from TheStreet: “AST SpaceMobile (ASTS) added nearly $10 billion in market value with the stock up over 17% on May 26. The jump came as space stocks soared following SpaceX’s public IPO filing, which could reportedly value Elon Musk’s company at as much as $2 trillion. The filing triggered a…”

Excerpt from Bloomberg: “Mozambique is disputing $2 billion in costs that TotalEnergies SE and its partners say they incurred during a years-long stoppage of their liquefied natural gas project that’s under construction in the southeast Africa nation, according to a person with knowledge of the matter.”

Excerpt from Bloomberg: “Industrial metals wavered as investors weighed the prospects for a US-Iran peace deal to end the conflict that has dented the outlook for global economic growth.”

Excerpt from TheStreet: “"I always get compliments when I wear it."”

Excerpt from Bloomberg: “Samsung Electronics Co. union members voted in favor of a compensation deal that will hand chip workers an average bonus of about $340,000, staving off a strike that threatened to disrupt global chip supply.”

Excerpt from Bloomberg: “The breakneck surge in memory-chip stocks is intensifying, sending the market capitalizations of SK Hynix Inc. and Micron Technology Inc. above $1 trillion for the first time, as investors bet the AI boom will lead to a sustained revaluation of the industry.”

Excerpt from TheStreet: “Rocket Lab (RKLB) added roughly $5 billion in market value, with the stock up nearly 6% on May 26 as space stocks rallied. This came following reports that SpaceX had publicly filed for what could become the largest IPO in history, with a valuation approaching $2 trillion…”

Excerpt from TheStreet: “A growing share of Gen Z consumers are opening new credit card accounts to cover everyday expenses they otherwise cannot afford. Fresh FICO data show their credit profiles are taking more damage than those of any other generation, according to U.S. News. More than 25% of Gen Z…”

Excerpt from TheStreet: “Working out at home can save money and time.”

Excerpt from TheStreet: “Americans working toward their retirement dreams are steadfastly focused on maximizing the income that will support their post‑career lives. After years of reporting on retirement and other personal finance topics, I’ve seen how consistently people look for sound advice from…”

Excerpt from TheStreet: “BP p.l.c (BP) just did the one thing oil investors didn't want to see right now. The British supermajor unanimously removed Chair Albert Manifold on Tuesday, May 26, less than eight months into the job, citing "serious concerns" about governance standards, oversight, and…”

Excerpt from Bloomberg: “The rally in US stocks is set to stretch into a fifth day as optimism around artificial intelligence, lower oil prices and easing bond yields combined to drive an increasingly bullish mood.”

Excerpt from Bloomberg: “Oil tumbled after Iranian media said it obtained an unofficial copy of a draft for a deal to end the Iran war as traders look for clues that talks might soon lead to the reopening of the Strait of Hormuz.”

Excerpt from TheStreet: “Seafood restaurants had a difficult year in 2024, and even today, some of the biggest names in the category are still finding their footing. Sales across seafood chains fell by more than $500 million in 2024, according to Nation’s Restaurant News, citing Technomic data. Red…”

Excerpt from TheStreet: “These versatile pieces can minimize clutter and maximize efficiency.”

Excerpt from TheStreet: “Nvidia (NVDA) Chief Executive Officer Jensen Huang has publicly called on Super Micro Computer (SMCI) to strengthen its compliance efforts after Taiwanese authorities detained three people accused of making fraudulent declarations tied to AI servers containing Nvidia chips…”

Excerpt from Bloomberg: “Former Labour Prime Minister Tony Blair criticized the party he once led for “playing with fire” in its attempt to oust current premier Keir Starmer, while also slamming the government for lacking a clear agenda.”

Excerpt from TheStreet: “There's a joke that Costco members don't just shop there, they belong there. They pay for the privilege, renew year after year, and somehow always leave with more than they planned. That loyalty is the entire business model. And right now, it's working almost too well. Costco…”

Excerpt from TheStreet: “A surge of college borrowers is expected to flood the private student loan market this summer. Each private loan applicant must choose between a fixed interest rate that remains constant and a variable rate that fluctuates with market conditions. Private lenders say the response…”

Excerpt from TheStreet: “It's a reliable way to generate your own electricity, and it might be more affordable than you think.”

Excerpt from Bloomberg: “Almost two-thirds of fund managers permit some level of “nuclear exposure,” with 34% allowing investments in nuclear weaponry, according to Jefferies Financial Group Inc.’s fourth-annual ESG and defense survey.”

Excerpt from TheStreet: “Transcript: Caroline WoodsJoining me now, Ross Gerber, CEO of Gerber Kawasaki. Ross, great to have you back. Thanks so much for being here. Yeah. Ross GerberGreat to be back. Thanks for having me. Caroline WoodsSo we're kicking off this holiday shortened week with the S&P…”

Excerpt from TheStreet: “Markets are very good at panicking quickly and very bad at calming down slowly. A crisis hits, prices jump in a day, and the unwinding takes months of small, boring evidence that the worst case is not actually playing out. For roughly three months now, the Strait of Hormuz has…”

Excerpt from TheStreet: “The craft beer industry has faced declining sales that have contributed to brewery closures over the last three years. U.S. beer production and imports declined by 1% in 2024, and craft brewer volume sales dropped by 4% in 2024 and about 5% in 2025, according to a Brewers…”

Excerpt from TheStreet: “Micron (MU) stock has gained about 209.61% year to date, at the time of writing, Tuesday morning, May 26, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about 10% in the same period. The company is part of the semiconductor rally driven by the AI…”

Excerpt from Bloomberg: “The Trump administration reached an agreement with Volvo Car AB that will allow the automaker to avoid a US ban on connected vehicles tied to China.”

Excerpt from Bloomberg: “Canada has reached a deal to supply Germany with liquefied natural gas from a planned facility on the west coast, a boost for Prime Minister Mark Carney, who wants to double the country’s exports to non-US markets.”

Excerpt from Bloomberg: “Brazil’s federal police carried out search-and-seizure warrants against former Rio de Janeiro Governor Cláudio Castro as part of a new phase of the investigation into failed lender Banco Master SA.”

Excerpt from Bloomberg: “Audemars Piguet's recent collaboration with Swatch led to scuffles outside stores from New York to Paris to Milan, as crowds queued for hours to get their hands on the Royal Pop pocket watch collection. Despite criticism that the collaboration could 'cheapen' the brand, CEO…”