Today: 12 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

TSMC’s $1.5 Trillion AI Chip Move Pressures Samsung, Intel

TSMC Is Where Traders Are Looking After Nvidia’s $150 Billion Taiwan Pledge

TSMC's role in the AI supply chain is back in focus after Nvidia CEO Jensen Huang said Wednesday that the company could spend up to $150 billion a year in Taiwan. Nvidia's annual spending there was about $10 billion to $15 billion some four or five years back, and now stands near $100 billion, Huang said. "Going to 150 billion dollars" each year, Huang told reporters, tying Nvidia even more closely to Taiwanese manufacturers.
27 May 2026
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U.S. Stocks Hit Records This Week — Why the S&P 500 and Nasdaq Rally Survived the Oil Shock

Futures Edge Up With AI Still in Focus Ahead of the Open

Stock index futures pushed higher early Wednesday, driven by continued AI enthusiasm and gains in chip names ahead of the open. At 04:42 a.m. ET, Dow e-minis had added 195 points, or 0.39%. S&P 500 e-minis were up 21 points, or 0.28%. Nasdaq 100 e-minis rose 134 points, or 0.45%. The moves followed fresh record closes for both the S&P 500 and Nasdaq on Tuesday.
27 May 2026
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S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

S&P 500, Nasdaq post record closes as AI stocks drive after-hours action

Stock-index funds in the U.S. moved up late Tuesday after both the S&P 500 and Nasdaq Composite ended at fresh records. The S&P 500 was up 0.61% to 7,519.12, the Nasdaq climbed 1.19% to 26,656.18, and the Dow Jones Industrial Average slipped 0.23% to 50,461.68. Chris Zaccarelli, chief investment officer at Northlight Asset Management, called this year’s tech gains “reminiscent of the boom at the end of the 1990s.” Adam Sarhan at 50 Park Investments said Middle East tensions still seemed likely to “resolve itself in a peaceful fashion sooner rather than later.”
27 May 2026
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Stock Market Today

  • Ascendis Pharma (ASND) rallies 24%; valuation premium clouds outlook
    July 12, 2026, 2:35 AM EDT. Ascendis Pharma (ASND) has surged 24% for the month as investors pile in. Still, shares trade at a P/E of 29.7x, not as high as some rivals, but more than the biotech sector's 17.4x average-so there's a valuation premium. The value score is 3 out of 6, leaving it unclear if the stock is cheap or expensive. Market focus is still on whether Ascendis can turn its pipeline into steady revenues. Delays in cash flow or the need for more capital could hit the stock. After a flat year, investors are trying to judge if shares now reflect the company's growth outlook in this sector.
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