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Benzinga

Taiwan Semiconductor Earnings Reflects Problems with Supply Chain

Large financial companies are still monopolizing the earnings news. Bank of America (NYSE: BAC), Wells Fargo (NYSE: WFC), Morgan Stanley (NYSE: MS), Citigroup (NYSE: C), and U.S. Bancorp (NYSE: USB) all beat earnings and revenue expectations. The Financial sector has benefitted from rising interest rates. Despite the 10-year Treasury Yield (TNX) trading slightly lower before the open, rates may continue to rise as the Fed moves closer to tapering. Wells Fargo, Morgan Stanley, and Bank of America

Microsoft discloses pay boosts for CEO Satya Nadella, other top execs

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