US stock market premarket news roundup: TSMC’s Q2 net profit rose 77% year over year, beating expectations, yet still fell more than 4% in premarket trading; Morgan Stanley expects DRAM contract prices’ growth rate to peak in 2026 Q4.

BlockBeats message, July 16: the following are key pre-market news items in the US stock market:

1、In the week ending July 11, the number of initial jobless claims in the US was 208k, versus an expected 217k. The prior figure was revised from 215k to 216k. After today’s initial jobless claims data was released, the probability that the Federal Reserve will keep interest rates unchanged in July is 87.7%, while the probability of a 25-basis-point rate hike is 12.3%.

2、TSMC today released its 2026 second-quarter earnings report. Net profit increased 77% year over year to 706.6 billion New Taiwan dollars, setting a new all-time high and beating market expectations. Despite strong performance, TSMC is down 4.5% in US pre-market trading. The market reacted negatively to expectations of a significant increase in the company’s future capital expenditures. TSMC expects capital expenditures over the next three years to be significantly higher than in the past three years.

3、Nasdaq 100 index futures fell 1.08%, S&P 500 futures fell 0.43%, and Dow Jones index futures fell 0.02%. Storage stocks led the declines: Western Digital fell 7.83%, and SK Hynix ADR fell 7.61%.

4、Morgan Stanley expects the DRAM contract price growth rate to peak in the fourth quarter of 2026, after which the year-over-year growth rate may drop sharply—making it difficult to see another situation like the previous one where it rose fourfold in a single year. Valuations of storage companies (forward-looking price-to-book ratio for the next 12 months) need to be re-estimated.

5、BlackRock CEO Larry Fink said he is no longer worried about the issue of excessive leverage in the Bitcoin and cryptocurrency markets, adding that he is “very optimistic” about the market outlook over the next 12 months.

6、Over the past month, 320k leveraged retail accounts in South Korea were liquidated, with 62% being young people aged 20 to 30. Total losses were about 2.15 trillion Korean won.

7、ChangXin Technology released an announcement. According to data provided by the Shanghai Stock Exchange, the number of effective online subscription accounts for this offering is 9,428,778, with effective online subscription shares of 816,920,125,000 shares. After the reallocation mechanism was triggered, the final online bid-winning rate was about 0.47%.

8、On Wednesday, the US Senate unanimously passed a resolution stating that FTX founder Sam Bankman-Fried should “under no circumstances” receive a presidential pardon or sentence reduction.

9、Iran has asked Yemen’s Houthis to prepare. If the US attacks Iran’s power infrastructure, it will close the Strait of Hormuz, which would pose a new major threat to global energy supplies. It is understood that this idea has been discussed within Iran’s leadership and that the information has been conveyed to Iran’s Houthi allies.

10、South Korea tightened regulation, pausing the launch of new single-stock leveraged ETFs, and raising the minimum margin requirement for chip leveraged ETFs. The minimum margin was raised from 10 million Korean won to 30 million Korean won. Only cash is recognized as margin. For each order in a leveraged trade of a single stock, the maximum quantity is limited to 20 shares, previously 1 share.