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AI Rally Stalls Despite TSMC Earnings Beat | The Pulse 7/16/2026

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July 16, 2026

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TSMC has raised its spending and revenue projections for the year, reflecting its confidence that growth in demand for chips and data centers will extend into 2027 and beyond.

The US has launched more airstrikes on Iran after President Donald Trump pledged to intensify the bombardment until Tehran stops attacking ships in the Strait of Hormuz and agrees to open the waterway.

The pound hit its strongest level in a year on speculation incoming Prime Minister Andy Burnham will name a markets-friendly Chancellor of the Exchequer.

Today's guests: Claudia Panseri, UBS Wealth Management France CIO; Sanam Vakil, Chatham House Middle East and North Africa Programme Director

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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

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The USPresident Donald TrumpPrime Minister Andy BurnhamExchequer Today'sNorth Africa Programme DirectorThe PulseFrancine LacquaShabana Mahmood

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AI Rally Stalls Despite TSMC Earnings Beat | The Pulse 7/16/2026 · Bloomberg Television · Sentinel