About this episode

The episode discusses SpaceX's stock performance, TSMC's profit increase, and the British pound's rise against the euro.

SpaceX has fallen back below its $135 listing price and sits more than 30% off its post-listing peak, with insiders expected to begin selling as lockup periods expire over the coming months. The company has yet to confirm a date for its first earnings report. TSMC's record 77% profit jump offers some relief to chip investors after a rocky week. Plus, the British pound climbs to a one-year high against the euro on UK finance minister speculation. Today’s recommended read: Fed flip-flops make case for less talk, Mike Dolan Read more from Amanda Cooper and Anna Szymanski Produced by Eliza Davis Beard and Abisoye Adelusi Sound engineering and music by Sebastian and Josh Sommer Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

More episodes of Reuters Morning Bid

• Canada's tariff surprise · July 21, 2026 · 9 min
• Oil above $90 · July 20, 2026 · 9 min
• Chip dip · July 17, 2026 · 8 min
• Bank on it · July 15, 2026 · 9 min
• Blockade and a hard place · July 14, 2026 · 9 min
• Iran's trump card · July 13, 2026 · 8 min

Explore listener stats, chart rankings, contacts and more on the Reuters Morning Bid podcast page.