Connect with us

Business

TSM Stock: TSMC Sales Jump 45% But Investors Shrug

Published

on

TSM Stock: TSMC Sales Jump 45% But Investors Shrug

Taiwan Semiconductor Manufacturing (TSM) on Monday reported that its sales in July rose nearly 6% from June and 45% year over year thanks to strong demand for AI chips. But TSM stock wavered. The world’s largest contract chipmaker, better known as TSMC, tallied the equivalent of $14.52 billion in sales in July. TSMC reports results in New Taiwan dollars. In…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Rubrik stock hits 52-week high at 99.76 USD

Published

on


Rubrik stock hits 52-week high at 99.76 USD

Continue Reading

Business

Hypoport H1 2026 slides: EBIT jumps 20% as margins expand

Published

on


Hypoport H1 2026 slides: EBIT jumps 20% as margins expand

Continue Reading

Business

If You Get in a Car Crash, the Risk Is Growing Your Insurance Won’t Pay

Published

on

If You Get in a Car Crash, the Risk Is Growing Your Insurance Won’t Pay

Americans got into more than six million traffic accidents last year. 

Depending on the type of crash, the chance of getting a payout from your insurer has become increasingly remote.

Auto insurers didn’t pay out on 45% of auto liability and medical claims they resolved last year, according to a Wall Street Journal analysis of thousands of company regulatory filings. That rate might change slightly as more claims are resolved, but it is up from around one in three, or 35%, of such claims a decade ago.

Americans are required to pay for car insurance as a condition of driving. Yet often, the insurance doesn’t provide the financial backstop that car owners were expecting.

Advertisement

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue Reading

Business

Taylor Farms recalls jalapeno products after salmonella outbreak

Published

on

A curved white sign with a black sideways oval on it containing the words Taylor Farms in white with a green leaf below. The sign is on a mown grass lawn with trees in the background and with a white car parked to the side.

The jalapeno recall came after Coast Citrus Distributors, which supplied the company with its peppers, recalled its own fresh jalapeno because of the salmonella concerns.

Taylor Farms said a grower in Sinaloa, Mexico, had been identified as the source of the outbreak and that it “is no longer sourcing products from this farmer and will be filling orders from alternative suppliers”.

“Consumers who have any recalled product should discard it immediately and not consume it. Refunds are available at the location of purchase,” it added.

Eating food contaminated with salmonella usually leads to illness within 12 to 72 hours, external. Symptoms include diarrhoea, fever and stomach pain, according to the US Food and Drug Administration.

Advertisement

The recall includes products such as pico de gallo salsa, several types of guacamole, burritos, spicy sandwiches and fresh sliced jalapenos.

Continue Reading

Business

Existing Home Sales among economic data due Tuesday

Published

on


Existing Home Sales among economic data due Tuesday

Continue Reading

Business

Next announces major Cribbs Causeway upgrade plus Bath and Body Works set to open

Published

on

Business Live

The retailer operates Bath & Body Works in the UK through its partnership model

Bath and Body Works is opening at Cribbs

Bath and Body Works is opening at Cribbs(Image: Next)

Next is planning a “major upgrade” of its store at Cribbs Causeway near Bristol and is also opening a standalone Bath and Body Works outlet at the shopping centre, it has announced.

The retailer, which operates Bath and Body Works in the UK through its partnership model, has confirmed it will be bringing the concept to the South West for the first time after agreeing to lease a 1,797 sq ft unit at The Mall.

It is also planning to upsize its own clothing store at Cribbs to a larger 47,000 sq ft space in a move it says will allow it to showcase more fashion and accessories.

Katie Searle, director of asset management at Sovereign Centros from CBRE, said: “Cribbs has become a hub for brands to test new store concepts and product ranges to help them stay ahead of the competition.

Advertisement

“The Next at Cribbs Mall is among the retailer’s best stores in the country so we are not surprised that they are bringing Bath and Body Works to Cribbs whilst committing to a major upgrade of their space to create new flagship concepts for the South West.

“These premium stores at Cribbs will act as showrooms, with shoppers of all ages from across the West Country, West Midlands, South West and South Wales travelling to explore the latest styles and trends.”

The investment by Next follows a run of brands opening or expanding at The Mall at Cribbs Causeway over the past few years.

M&S completed a full refit of its 103,000 sq ft store at the end of 2024, adding a market-style foodhall and café, while expanding its footwear department and upgrading its beauty section.

Advertisement

H&M also opened a new regional flagship at Cribbs Causeway that year, incorporating new tech features across the store, while Boots invested in a modernised beauty hall, which has more than 30 premium brands.

Other retailers to open within the shopping centre in recent months include Miniso, AllSaints, Animal, Levi’s, and Rodd & Gunn.

According to CBRE, Cribbs’ retailers have experienced a 26 per cent rise in domestic visitors over the past year as well as a 13 per cent growth in Gen Z shoppers.

Sovereign Centros from CBRE provides full asset management services across Cribbs on behalf of M&G Real Estate, while Time Retail Partners and Cushman & Wakefield are retained letting agents for the centre, with Green & Partners retained in the leasing advisory role.

Advertisement
Continue Reading

Business

Powerball jackpot hits $905M | Fox Business

Published

on

Powerball jackpot hits $905M | Fox Business

The Powerball jackpot surged to an estimated $905 million ahead of Monday night’s drawing, making it the eighth-largest prize in the game’s history.

The pot grew after no ticket matched all six numbers from Saturday night’s drawing.

Advertisement

The white balls were 5, 9, 35, 54 and 63. The red Powerball was 7 and the Power Play multiplier was three.

It now has an estimated cash value of $391.9 million, according to the lottery.

A lottery ticket is held over a counter.

The Powerball jackpot is now the eighth-largest in the game’s history. (Brandon Bell/Getty Images)

The odds of winning a prize are 1 in 24.9, while the odds of hitting the jackpot are 1 in 292.2 million.

Though there was no jackpot winner in the latest drawing, four tickets matched all five white balls and won $1 million each, the lottery said. Winning Match 5 tickets were sold in Arizona, Florida, Michigan and New York. A ticket matching all five white balls was sold in Texas and included the Power Play option, increasing the prize to $2 million. 

Advertisement

Monday’s drawing will mark the 43rd in the current jackpot run.

printed tickets for the Powerball Lottery

The odds of winning a prize are 1 in 24.9, while the odds of hitting the jackpot are 1 in 292.2 million. (CatLane/iStock)

The Powerball jackpot was last won on May 2, when two tickets in Florida and Texas split a $20 million prize.

The winner can choose between a lump sum payment or an annuitized prize – one immediate payment followed by 29 annual payments. Both options are before taxes.

A ticket for the Powerball lottery sits on a counter in a store

The Powerball jackpot now has an estimated cash value of $391.9 million, according to the lottery. (Reuters/Andrew Kelly)

Powerball tickets are sold in 45 states, Washington, D.C., Puerto Rico, the U.S. Virgin Islands and the United Kingdom. Drawings occur three nights a week, on Monday, Wednesday and Saturday.

Advertisement

The biggest Powerball jackpots:

  1. $2.04 billion – Nov. 7, 2022 – California
  2. $1.817 billion – Dec. 24, 2025 – Arkansas
  3. $1.787 billion – Sept. 6, 2025 – Missouri, Texas
  4. $1.765 billion – Oct. 11, 2023 – California
  5. $1.586 billion – Jan. 13, 2016 – California, Florida, Tennessee
  6. $1.326 billion – April 6, 2024 – Oregon
  7. $1.08 billion – July 19, 2023 – California
  8. $905 million – Aug. 10, 2026 (current prize, estimated jackpot)
  9. $842.4 million – Jan. 1, 2024 – Michigan
  10. $768.4 million – March 27, 2019 – Wisconsin
Continue Reading

Business

Jumex launches reduced-sugar beverages

Published

on

Jumex launches reduced-sugar beverages

The Jumex Reduced line features half the sugar content of its traditional beverages. 

Continue Reading

Business

B&G Foods hires board member as new CEO

Published

on

B&G Foods hires board member as new CEO

Rob Mills has been on the company’s board for eight years.

Continue Reading

Business

Google Stock Sputters, But These Catalysts Could Spark A Rebound

Published

on

Google Stock Sputters, But These Catalysts Could Spark A Rebound

After surging to an all-time high in May, Alphabet (GOOGL) stumbled, eventually retreating below its 10-week moving average. Big changes at Google’s DeepMind artificial intelligence unit rattled shares as Wall Street wondered if the search and cloud giant was falling behind OpenAI and Anthropic. While Google stock maintains its spot on the Investor’s Business Daily Leaderboard, investors are looking for…

Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue Reading

Trending

Copyright © 2025