TSMC Posts Record Profit, Pepsi’s Snack Business Bounces Back
Podcast: The RundownPublished On: Thu Apr 16 2026
Description: Market update for Thursday April 16, 2026Check out the Public app for incredible investing tools and to support the show (LINK)Follow us on Instagram (@TheRundownDaily) for bonus content and instant reactions.In today’s episode:Stocks hit all-time highs as the S&P 500 closes above 7,000 and the Nasdaq extends its winning streakTSMC posts record profits, raises its outlook, and says AI chip demand is still “extremely robust”PepsiCo beats earnings after cutting prices on Doritos, Lay’s, and other snacks to win back shoppersHims stock jumps after RFK Jr. signals looser peptide regulationsLive Nation drops after a major antitrust court loss that could put Ticketmaster’s future in questionAllbirds is trying to pivot from selling wool sneakers to becoming an AI infrastructure company
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