Taiwan Semiconductor and BlackRock Earnings Boost Markets

Financial markets rallied after Taiwan Semiconductor and BlackRock reported record quarterly earnings and optimistic growth projections for 2026.Taiwan Semiconductor expects capital expenditures to reach $56 billion following a 35% profit surge driven by artificial intelligence demand, while BlackRock saw revenue hit $7 billion amid record inflows.Eli Lilly shares declined after the FDA extended its review of a new obesity pill in the USA as health insurance stocks rose following a healthcare announcement by Trump.