Abbott Laboratories (ABT) reported Q2 2026 earnings of $12.6 billion, a 13% year-over-year increase, marking an all-time high. The company also raised its adjusted EPS guidance, resulting in a 15% stock rebound over the past month.
Taiwan Semiconductor Manufacturing Company (TSM) posted record sales of $40.2 billion in its latest quarterly earnings, a 33% increase from the previous year, and adjusted its full-year revenue growth forecast to approximately 40%. Despite this success, TSM stock has seen a 14% decline recently, impacted by a broader downturn among AI-related stocks.
Johnson & Johnson (JNJ) reported $25.3 billion in sales, a 6.6% increase year-over-year, resulting in a nearly 30% stock gain for 2026. The company increased its fiscal year sales and EPS guidance, aiming to exceed $100 billion in annual revenue for the first time.
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