WS #12988
Vertiv, Cheesecake Factory, PayPal, Avantor beat estimates; Fiverr tumbled 21.6% on AI headwinds; Peabody Energy plunged on wider loss. South Korea's Finance Ministry will restrict leveraged ETF trading to stabilize the market after SK Hynix earnings sank KOSPI. TSMC raised long-term revenue CAGR to 25% through 2029, with AI accelerators at 50%+ growth, bullish for semiconductors.
Earnings beats and misses
Vertiv, Cheesecake Factory, PayPal, Avantor beat estimates; Fiverr tumbled 21.6% on AI headwinds; Peabody Energy plunged on wider loss.
South Korea's Finance Ministry will restrict leveraged ETF trading to stabilize the market after SK Hynix earnings sank KOSPI.
TSMC raised long-term revenue CAGR to 25% through 2029, with AI accelerators at 50%+ growth, bullish for semiconductors.