Stock Movers: TSMC, Salesforce Rise; Hewlett Packard, United Airlines Fall

Taiwan Semiconductor Manufacturing (TSM)

• 🚀 TSMC shares rose as much as 2% following a better-than-expected 39% jump in profit.
• 💡 The company hiked its 2025 revenue growth projection for the second time this year and raised its capital spending forecast.
• 📈 This performance reinforces hopes for the longevity of the global AI boom spending and positions chipmakers as key beneficiaries.
• 📊 TSMC suppliers like Applied Materials, KLA, and Lamb Research also saw their shares increase by about 1%.

Hewlett Packard Enterprise (HPE)

• 📉 HPE shares fell as much as 9% after issuing a full-year forecast for profit and cash flow that missed analyst estimates.
• ⚠️ The company is facing tighter margins due to the cost of building servers with expensive AI chips, making machines less profitable.
• 🧩 HPE announced an unspecified number of job cuts as part of its integration with Juniper Networks.

Salesforce (CRM)

• ✨ Salesforce shares were up more than 5% on a forecast that revenue growth will accelerate to double digits in the coming years.
• 🎯 This forecast eased investor concerns about customers shifting budgets to AI startups instead of traditional vendors.
• 💰 The company expects $60 billion in annual revenue by fiscal year ending January 2030 and plans to buy back an additional $7 billion of shares.

United Airlines (UAL)

• ✈️ United Airlines shares slipped down more than 1% as analysts note signs of market saturation, even in premium seats.
• 📉 Despite beating fourth-quarter earnings estimates, the airline's results indicate a potential slowdown in demand.