Senate Rejects Resolution To Bar Trump From Attacking Cuba The US Senate batted down a resolution on Tuesday that would bar President Trump from being able to attack Cuba without first obtaining Congressional approval. The U.S. Capitol building in Washington on April 22, 2026. Madalina Kilroy/The Epoch Times After Sens. Tim Kaine (D-Va.), Adam Schiff (D-Calif.), and Ruben Gallego (D-Ariz.) invoked...
Senate Rejects Resolution To Bar Trump From Attacking Cuba The US Senate batted down a resolution on Tuesday that would bar President Trump from being able to attack Cuba without first obtaining Congressional approval. The U.S. Capitol building in Washington on April 22, 2026. Madalina Kilroy/The Epoch Times After Sens. Tim Kaine (D-Va.), Adam Schiff (D-Calif.), and Ruben Gallego (D-Ariz.) invoked the 1973 War Powers Act to force the Senate vote on Tuesday (undoubtedly knowing it would fail) - citing the recent US combat operations in Venezuela and Iran, and Trump's March comments that "Cuba's next" - Senators voted 51-47 against advancing it to a final vote . Similar votes related to US military actions against Venezuela and Iran have also failed in the GOP-controlled Senate in recent weeks. As the Epoch Times notes further, U.S.–Cuba relations have remained contentious since Fidel Castro swept to power in Havana in 1959 at the head of a communist revolution. The U.S. government led efforts to overthrow Castro in the 1960s. CIA officers helped arm and train Cuban exiles who led a failed invasion to retake the country in April of 1961. After this failed invasion attempt, the CIA continued to develop covert methods to weaken Castro’s hold on power through an effort known as Operation Mongoose. Since the 1960s, the U.S. government has maintained pressure on Cuba through economic sanctions and trade restrictions. Under Castro’s leadership, Cuba aligned with the Soviet Union. Under the current leadership of Miguel Díaz-Canel Bermúdez, Cuba has continued to maintain ties with Russia, China, and Venezuela. Havana acknowledged 32 Cuban soldiers attached to Nicolás Maduro’s security detail were killed during the Jan. 3 U.S. military raid to capture the Venezuelan leader. Trump signed an executive order on Jan. 29 declaring Cuba “an unusual and extraordinary threat” to the national security and foreign policy of the United States . The order notes Cuba’s continued military c...
BING-JHEN HONG/iStock Editorial via Getty Images In late January, I upgraded Taiwan Semiconductor Manufacturing Company Limited ( TSM ) back to a buy rating since growth was set to reaccelerate and the valuation had corrected. I concluded that my downgrade back in November to a hold rating was premature, and as you can see in the chart below, the stock has since advanced by another 14%. In fact, i...
BING-JHEN HONG/iStock Editorial via Getty Images In late January, I upgraded Taiwan Semiconductor Manufacturing Company Limited ( TSM ) back to a buy rating since growth was set to reaccelerate and the valuation had corrected. I concluded that my downgrade back in November to a hold rating was premature, and as you can see in the chart below, the stock has since advanced by another 14%. In fact, it hit an all-time high just recently. The chip fab giant reported their latest round of financial results just in mid-April, and so today I have decided to take a close look and see if the bull thesis is still going strong now. Seeking Alpha Below, it is shown that Q1 was an impressive quarter for TSMC, all things considered. Both business momentum and profitability are in favorable positions. While guidance isn't perfect and there are risks like the Iran war, the company's long-term outlook continues to be solid as they push ahead with new processes and expand their U.S. supply chain. With the valuation only slightly above where it was in my previous article and still below levels seen in late 2025, I have decided to reiterate my buy rating on TSMC. An Inflection Point Is In Seeking Alpha When looking at TSMC's top-line results, it is clear that there is no shortage in demand right now as the AI revolution continues to unfold. CFO Wendell Huang stated that "[their] business in the first quarter was supported by strong demand for [their] leading-edge process technologies." In their local currency, the company saw revenues grow by 35.1% YoY to NT$1.1341 trillion , which is a steep acceleration from the previous quarter's 20.5% increase. In USD terms, they generated revenues of $35.9 billion, up 40.6% YoY. This is an equally impressive acceleration and shows that business activity is strengthening. Do note that back in Q4, there was a top-line growth slowdown both in terms of their local currency and USD, and so it seems that there has been a bit of an inflection point for th...