Wallstreetcn Morning Briefing | July 14, 2026

Trump says a deal with Iran is still possible, and Middle East allies should pay for protection. The US military has resumed its blockade against Iran; Trump threatened a "heavy strike" tonight or tomorrow and intends to collect a 20% fee on cargo passing through the strait. US Republican Senator and foreign policy hawk Graham died suddenly due to illness; Trump proposed his sister to fill the vacant seat. Federal Reserve Governor Waller: If core inflation remains high, the Fed may need to raise interest rates. Korean regulators have tightened leverage on single-stock ETFs across the board; a "F4" senior meeting will study measures to curb volatility. Li Qiang: Promote smooth succession and transition between old and new drivers of growth, accelerate the digital and intelligent transformation of manufacturing, and promote large-scale commercialization of new technologies such as artificial intelligence. "Fifteenth Five-Year Plan to Expand Consumption": Deepen the advancement of "Artificial Intelligence + Consumption", and by 2030, the total retail sales of consumer goods will reach 60 trillion yuan. TSMC's June revenue was 442.68 billion New Taiwan dollars, up 67.9% year-on-year and set a record; in the first half of the year, it brought in over 2.4 trillion New Taiwan dollars. Report: TSMC has informed clients that mature process technologies will see a price increase starting January 2027, with the expected increase being a single-digit percentage. Hengtong Optic-Electric expects net profit for the first half to grow 87%-121% year-on-year, as AI drives a surge in optical communications demand. As demand for AI computing power surges, Shanghai Electric Co.'s net profit for the first half is projected to increase by up to 78%; its Thailand factory turned profitable in Q2. Reminder: China's June import and export data, and US June CPI will be released on Tuesday. Related articles: Wallstreet News Breakfast FM-Radio | July 14, 2026