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TSMC Profit Surges 77%, SpaceX Falls Below IPO Price

TSMC Profit Surges 77%, SpaceX Falls Below IPO Price

Published 3 weeks, 5 days ago
Description

Market update for Thursday July 16, 2026

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In today’s episode, Zaid covers:

  • SpaceX briefly falling below its $135 IPO price for the first time

  • TSMC’s 77% profit surge and its new $100 billion U.S. investment

  • UnitedHealth ripping higher after a major earnings beat and raised outlook

  • United Airlines falling as higher fuel costs pressure its forecast

  • T. rex fossil selling for a record-breaking $50.1 million

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