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TSMC, Lyft, Coinbase, Pinterest and IAG

TSMC, Lyft, Coinbase, Pinterest and IAG

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The Taiwan Semiconductor Manufacturing Company (2330.TW, TSM), the world's largest contract chip manufacturer, reported a sales increase for April, which can be attributed to a wave of inventory in front of the US tariffs for imports.

The company, which delivers important Tech players such as Nvidia (NVDA) and Apple (AAPL), generated sales of $ 349.6 billion (8.7 billion GBP/11.5 billion USD) and marked an increase of 48.1% compared to the same period and an increase of 22.2% compared to March.

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The top of April 2 was followed by the US President Donald Trump on April 2. Although the tariffs were temporarily made for 90 days, the move caused companies in the United States to accelerate imports in expectation of the tasks.

TSMC, an important supplier for global technologies, reported an increase in sales of 43.5% in the first four months of the year and reached $ 1.2 TN NT.

Lyft (Lyft )'s shares rose by more than 7% in retail on the retail on Friday, after the driving metal company defeated the winning expectations, recorded record volumes and presented a equity program for $ 750 million (GBP) in order to strengthen the trust of investors.

For the quarter ending on March 31, Lyft reported the adjusted result per share of 24 cents, compared to 7 cents in the previous year and before the 19 cents forecasted by analysts. Sales rose 14% to USD 1.45 billion compared to the previous year, somewhat below the expected USD 1.47 billion.

The company predicts the growth of driving behavior a year between the teenagers a year compared to the previous year and signals the continued strength of driver's demand. Lyft also announced an expansion of his share buyback program to $ 750 million, which is considered to be a supportive for the share price.

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“The surrender will help promote the range of shares and make the result more attractive per share,” said Andrew Rocco, Stock Strategist at Zack's Investment Research.

For the second quarter, Lyft gross bookings awaits between USD 4.41 billion and $ 4.57 billion, compared to $ 4.5 billion analysts. It predicts the adjusted EBITDA in the range of $ 115 million to $ 130 million, which largely corresponds to consensus.

Coinbase's shares had decreased by 2.6% before the United States opened after the company reported the yield in the first quarter that missed the expectations of Wall Street despite the growth of the income from StableCoin.

For the quarter ended on March 31, Coinbase achieved a net profit of $ 65.6 million or 24 cents per share, a decrease of USD 1.18 billion or $ 4.40 per share in the same period of the previous year. With the exception of the effects of cryptoinvestment, the cleaned profit of the company was $ 527 million or USD 1.94 per share.

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