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TSMC Profit Surges 77%, SpaceX Falls Below IPO Price

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

The skinny

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