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Stocks move higher, TSMC earnings, Steve Madden upgrade
  • Investing

Stocks move higher, TSMC earnings, Steve Madden upgrade

  • July 17, 2025
  • Roubens Andy King
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00:00 Speaker A

It's time for Yahoo! Finance's market minute. U.S. stocks looking to hold onto gains as Wall Street sifts through a fresh wave of earnings, but investors staying wary of the next move in President Trump's campaign to oust Fed chair Jerome Powell. Shares of Taiwan Semiconductor getting a lift following its second quarter results. Company reporting a 60% year-over-year increase in profits. Revenue rose roughly 44% year-over-year and increased 18% from the previous quarter. The Nvidia supplier also saying AI demand was growing, but did warn that tariffs could impact income in the fourth quarter. Steven Madden getting a lift at city. That firm upgrading the stock from neutral to buy. City seeing the footwear maker's second quarter earnings marking at the low point for its margins. Firm also noting that they believe the market is under appreciating the KG acquisition. And that's your Yahoo! Finance market minute for more of what's trending on Yahoo! Finance. Scan the QR below to track the best and worst performing stocks in the session.

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