Taiwan Semiconductor Secures $6.6 Billion from CHIPS Act for Major U.S. Expansion

Image source: Wikimedia Commons

Taiwan Semiconductor Secures $6.6 Billion from CHIPS Act for Major U.S. Expansion. 🏗️ The company will receive up to $6.6 billion in CHIPS Act funding to support its $65 billion investment in three advanced fabs in Arizona. The facilities mark the largest greenfield foreign investment in U.S. history, with the first set to open next year. MarketWatch reports.

✂️ RateDec: Traders keep bets on December rate cut after latest US economic data. Reuters reports.

📈 DizStream: Disney stock surges on streaming growth, guidance. CNBC reports.

🚦 FordFine: Ford agrees to pay up to $165 million penalty to US government for moving too slowly on recall. Yahoo Finance reports.

👁️ AlphabetWatch: US regulator looks to put Google under federal supervision. Reuters reports.

🩺 PrimeCare: Amazon's push into telehealth knocks shares of Hims & Hers. Yahoo Finance reports.

👔 Burburst: Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high. CNBC reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $AREN: Arena Group Holdings
Total gain: 164.03%

2. $BENF: Beneficient
Total gain: 101.6%

3. $GREE: Greenidge Generation
Total gain: 54.65%

4. $IBG: Innovation Beverage Group
Total gain: 44.59%

5. $GANX: Gain Therapeutics
Total gain: 37.53%

What Are Tariffs And How Can They Affect Your Finances?

Tariffs play a crucial role in shaping trade policies, influencing prices, and ultimately impacting household finances. Understanding tariffs can help consumers, investors, and workers make better financial decisions. This article explores what tariffs are, examines their effects, and provides strategies for navigating such effects on personal finances.

What Are Tariffs?
A tariff is a tax imposed by a government on imported goods or services. Typically, tariffs serve two purposes: they protect domestic industries from foreign competition and generate government revenue. By making foreign goods more expensive, tariffs encourage consumers to buy domestically produced products, which can help support the local economy. However, tariffs also tend to increase prices for consumers and create economic ripple effects.

Source: Forbes

The closing price of the top three market percent gainers trading near or above $3 on November 14.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

1. $UAVS: AgEagle Aerial Systems
Total gain: +122.36%
The company has announced securing 17 new purchase orders for its eBee TAC drones from U.S. defense and security customers. Renowned for its robust tactical mapping capabilities, the eBee TAC platform delivers unmatched advantages in surveillance, mapping, and 3D visualization. These features are critical for defense operations and other industries requiring precision and operational reliability. Benzinga reports.

2. $OMER: Omeros Corporation
Total gain: +65.87%
The company announced its recent highlights, developments, and financial results for the third quarter ended September 30, 2024. The net loss for the quarter was $32.2 million, or $0.56 per share, compared to $37.8 million, or $0.60 per share, for the same period in 2023. For the nine months ended September 30, 2024, the net loss totaled $125.5 million, or $2.15 per share, compared to $108.8 million, or $1.73 per share, during the prior-year period. As of September 30, 2024, the company had $123.2 million in cash and short-term investments available for operations and debt servicing, reflecting a $48.7 million decrease from December 31, 2023. Benzinga reports.

3. $QUBT: Quantum Computing
Total gain: +65.41%
The company announced securing its first order for its thin-film lithium niobate (TFLN) photonic chip foundry, placed by a leading research and technology institute in Asia. This achievement underscores the growing global demand for QCi’s advanced TFLN fabrication technology and its capability to produce high-performance photonic integrated circuits (PICs) and nanophotonic devices. The milestone reflects QCi’s dedication to driving the adoption of TFLN as a critical component in the evolving telecom, datacom, and quantum technology sectors. Benzinga reports.

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

BABA: Alibaba Group Holding
2Q 2025
Before Market Open
Estimate: 2.100
Actual: N/A

RLX: RLX Technology
3Q 2024
Before Market Open
Estimate: 0.030
Actual: N/A

SPB: Spectrum Brands Holdings
4Q 2024
Before Market Open
Estimate: 1.020
Actual: N/A

Time (ET) / Report / Period

8:30 am - Import price index - October
8:30 am - Import price index minus fuel - October
10:00 am - Empire State manufacturing survey - November

"Investing in stocks is an art, not a science, and people who've been trained to rigidly quantify everything have a big disadvantage."

― Peter LynchSourced in:
"One Up On Wall Street: How To Use What You Already Know To Make Money In
the Market", by Peter Lynch, published in 1989.