{"id":342335,"date":"2024-10-17T17:28:45","date_gmt":"2024-10-17T21:28:45","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=342335"},"modified":"2024-10-17T17:30:02","modified_gmt":"2024-10-17T21:30:02","slug":"taiwan-semis-sparks-rally","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/taiwan-semis-sparks-rally\/","title":{"rendered":"Taiwan Semis sparks rally"},"content":{"rendered":"\n

On the heels of Super Micro Computer reporting a disappointing quarter and outlook, Taiwan Semiconductor<\/a> delivered a beat and raised guidance to spur markets higher Thursday. The chipmaker finished 9.79% higher, but the Nasdaq ended up only a handful of points, while the S&P was flat, and the Dow edged up 0.37% to make a new high of 43,239. SMCI<\/a>, by the way, closed -2.39% as Travelers soared 9.0%, and Expedia<\/a> jumped 4.75% after a report that Uber<\/a> -2.44% was interested in the company. The U.S. 10-year yield inched up to 4.096% while Bitcoin<\/a> declined 0.9% to US$67,000.<\/p>\n\n\n\n

In Toronto, the TSX also hit new highs after rallying 0.52%. Only two sectors, including energy, showed mild weakness, while all others gained. Consumer Staples, materials and financials led. TD<\/a> traded the most hands and rose 0.53% as Royal Bank<\/a> gained 0.69% to make a new high, CHW<\/a> advanced 1.59%, GFL Environmental<\/a> 2.88% and Onex<\/a> 3.57%. WTI added 0.44% to US$70.70 while gold added US$17 to a high of US$2,691.<\/p>\n\n\n\n

💾 Taiwan Semiconductor MFG.\u00a0(TSM-N)<\/a> +9.79%<\/p>\n\n\n\n

💾 Super Micro Computer\u00a0(SMCI-Q)<\/a> -2.39%<\/p>\n\n\n\n

✈ Expedia\u00a0(EXPE-Q)<\/a> +4.75%<\/p>\n\n\n\n

🚖 Uber\u00a0(UBER-N)<\/a> -2.44%<\/p>\n\n\n\n

🅱 Bitcoin (BTCUSD)\u00a0(CRYPTO:BTC)<\/a> -0.9%<\/p>\n\n\n\n

🏛 Toronto Dominion\u00a0(TD-T)<\/a> +0.53%<\/p>\n\n\n\n

🏛 Royal Bank\u00a0(RY-T)<\/a> +0.69%<\/p>\n\n\n\n

🏛 Chesswood Group\u00a0(CHW-T)<\/a> +1.59%<\/p>\n\n\n\n

♻ GFL Environmental Inc.\u00a0(GFL-T)<\/a> +2.88%<\/p>\n\n\n\n

🏛 Onex Corp\u00a0(ONEX-T)<\/a> +3.57%<\/p>\n","protected":false},"excerpt":{"rendered":"

On the heels of Super Micro Computer reporting a disappointing quarter and outlook, Taiwan Semiconductor delivered a beat and raised guidance to spur markets higher Thursday. The chipmaker finished 9.79% higher, but the Nasdaq ended up only a handful of […]<\/p>\n","protected":false},"author":12,"featured_media":174836,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[178],"tags":[],"class_list":["post-342335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=342335"}],"version-history":[{"count":2,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342335\/revisions"}],"predecessor-version":[{"id":342338,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/342335\/revisions\/342338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/174836"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=342335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=342335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=342335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}