TSMC Beats Q3 Estimates, Keeps 2026 Capex Plan; Anthropic Says It Is Profitable
TSMC beat third-quarter net income estimates and maintained its 2026 capital expenditure plan of $60 billion to $64 billion. Anthropic said it is now profitable, South Korea's Kospi trading was halted after an 8% drop, and hot US inflation pushed investors to price in more Fed rate hikes.
The brief did not provide the exact net income figure, the analyst estimate that was beaten, or fuller guidance.
Bloomberg also reported that Anthropic said it is now profitable. The brief did not provide additional financial details, including the measure of profitability or the period covered.
In South Korea, trading on the Kospi was halted after the index fell more than 8%, according to Bloomberg. The brief did not specify when the halt was imposed or how long it lasted.
Investors were pricing in more Federal Reserve rate hikes after US inflation came in hot, Bloomberg reported. The brief did not specify the size or timing of the expected moves.
TSMC's 2026 capital expenditure plan remained at $60 billion to $64 billion, the company said, according to Bloomberg. The third-quarter net income beat estimates, Bloomberg reported.
The items were presented as part of Bloomberg Daybreak Europe's overnight coverage from the US and Asia. The program said it sets the agenda for the day and provides insight before European trading begins. On Oct. 15, that agenda included the TSMC earnings beat, Anthropic's profitability claim, the Kospi trading halt and expectations of further Fed rate hikes after hot US inflation.