24H｜Hertz Jumps Another 35% After Soaring 56%; TSMC Rallies 1% Ahead of Earnings; Alcoa Drops 3% After Earnings
Hertz Global shares jumped another 34.9% in overnight trading. The shares has soared 56.4% on Wednesday after CNBC reported that Pershing Square Capital Management had amassed a position of almost 20% in the beleaguered car rental company.
TSMC shares rallied 1% in overnight trading. The world's largest contract chipmaker will report Q1 earnings on Thursday. Analysts expect its Q1 profit set to jump, but Trump's policies cloud its future.
Alcoa shares dropped 2.9% in overnight trading. The company expected $90 million tariff hit in second quarter, saw duties on China raising annual costs.
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