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Stock markets rise: TSMC delights investors with record profits!
US stocks rise as TSMC reports positive Q3 numbers. Bitcoin remains at $111,000. Market developments and outlook analyzed.
Stock markets rise: TSMC delights investors with record profits!
On October 16, 2025, US stock markets are showing positive development, supported by a strong earnings report from Taiwan Semiconductor Manufacturing Company (TSMC). This positive company news is improving the investor climate, which is reflected in an increase in the major indices. The Dow Jones Industrial Average gained 100 points, while the S&P 500 rose 0.4 percent and the Nasdaq Composite rose about 0.6 percent in early trading, crypto.news reported.
An important factor in this turnaround is the positive corporate earnings of leading banks, including JPMorgan Chase, Goldman Sachs, Wells Fargo, Citigroup and Bank of America. Also reports from Charles Schwab, BNY and U.S. Bancorp contribute to an optimistic market outlook.
TSMC and its positive development
Of particular note is TSMC, which reported a 39 percent year-on-year profit increase in the third quarter and also revised up its 2025 revenue forecast. The company expects annual sales growth of over 30 percent. This development is also reflected in the share prices: the shares of Nvidia and Broadcom rose due to TSMC's sales forecasts.
In addition, Salesforce shares rose by 6 percent, which also contributed to the positive balance of the Dow Jones. The general mood remains optimistic, even if geopolitical tensions, particularly in the context of the ongoing US-China trade conflicts and the threat of a government shutdown in the US, are causing uncertainty.
Commodities and cryptocurrencies market
On the commodities market, gold prices rose 1.3 percent to $4,260 per ounce. In the crypto market, Bitcoin (BTC) is showing a consolidated position near $111,000 after falling below $105,000 last week. However, selling pressure remains noticeable in the crypto markets and further downside below $110,000 is seen as possible.
Finally, the general expectation of interest rate cuts contributes to the positive market sentiment. Despite the challenges mentioned, investors seem to be optimistic about the future, which is reflected in the stability and increases in the stock market.