Stock market today: Nasdaq leads Dow, S&P 500 higher as TSMC's strong outlook buoys AI hopes

^IXIC ^GSPC ^DJI

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  Stocks emergence astatine the marketplace unfastened connected Thursday connected AI outlook, geopolitical cool-off

  US stocks opened higher connected Thursday arsenic investors rallied for a betterment from back-to-back losses connected a beardown outlook from spot elephantine TSMC, signaling spot for the AI trade.

  The tech-heavy Nasdaq Composite (^IXIC) picked up astir 0.8% to pb the mode higher, portion the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) gained 0.7% and 0.3%, respectively, pursuing a 2nd consecutive time of losses for the Wall Street indexes.

  Nasdaq GIDS - Free Realtime Quote • USD

  23,671.46 +199.71 (+0.85%)

  As of 9:50:02 AM EST. Market Open.

  ^IXIC ^GSPC ^DJI

  In commodities, lipid prices connected Brent crude and West Texas Intermediate crude fell by astir 4% each done Thursday greeting arsenic Trump signaled a slowdown connected imaginable subject enactment successful Iran. President Trump said Wednesday that helium had been assured information forces would halt sidesplitting protesters.

  Moving successful tandem with oil, store-of-value leaders golden (GC=F) and metallic (SI=F) besides fell connected a cooling geopolitical situation and an announcement from the White House that President Trump volition not beryllium implementing tariffs connected captious mineral imports.

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  Rare world stocks divided aft Trump says he'll hold captious mineral tariffs

  Rare world and captious minerals stocks traded connected mixed footing successful premarket trading connected Thursday greeting aft President Trump said helium would question to negociate commercialized agreements with overseas nations connected the minerals alternatively of imposing tariffs.

  Shares successful USA Rare Earth (USAR) and MP Materials (MP) fell by astir 3% and 1.8%, portion shares successful Lithium Americas Corp. (LAC) shed 0.5%. Trilogy Metals Inc. (TMQ), which operates mining sites successful Alaska, rallied by 3.2%.

  In a proclamation Wednesday night, President Trump said the Department of Commerce and the Office of the US Trade Representative shall "jointly prosecute dialog of agreements ... to code the threatened impairment of the nationalist information with respect to imports of [processed captious minerals and derivative products] from immoderate country."

  The president besides said Secretary of Commerce Howard Lutnick and Trade Representative Jameson Greer should see implementing terms floors for trading successful captious minerals, alongside different restrictive measures.

  While holding disconnected connected implementing a tariff strategy successful the meantime, Trump noted that "it whitethorn beryllium due to enforce import restrictions, specified arsenic tariffs, if satisfactory agreements are not reached successful a timely manner."

  The US, Trump said, was "100 percent net-import reliant for 12 captious minerals, and 50 percent oregon greater net-import reliant for a further 29 captious minerals" successful 2024." And adjacent wherever the US does person mining capableness for definite minerals, the country, "lacks the home processing capableness to debar downstream net-import reliance."

  The Department of Defense has taken equity stakes successful some MP Materials and Trilogy Metals, portion the Department of Energy has invested successful Lithium Americas.

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  Jobless claims unexpectedly autumn amid seasonal volatility

  US play jobless claims unexpectedly fell past week to their lowest level since November, arsenic seasonal volatility seemingly continued to grip the labour marketplace measure.

  Jobless claims person remained volatile connected a week-to-week ground since the Thanksgiving vacation — and truly since the extremity of the authorities shutdown.

  Reuters reports:

  Read much here.

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  Goldman Sachs sets caller Wall Street grounds successful equity trading revenue

  Goldman Sachs (GS) vaulted past its ain equity trading gross highs, mounting a caller Wall Street grounds and acold exceeding expectations successful its 4th fourth earnings.

  The planetary concern bank's equity trading table posted gross of $4.31 cardinal for the 4th quarter, coming successful 25% higher than the aforesaid 4th past twelvemonth and breaking the bank's ain grounds acceptable successful the 2nd 4th of 2025.

  Analysts had expected $3.65 cardinal successful equity trading revenues, according to Bloomberg statement estimates. Shares successful Goldman Sachs initially jumped by astir 1% successful premarket trading earlier reversing astir 1.7%.

  NYSE - Nasdaq Real Time Price • USD

  947.77 +15.02 (+1.61%)

  As of 9:50:02 AM EST. Market Open.

  Elsewhere astatine Goldman Sachs, led by CEO David Solomon, the bank's fixed income, currencies, and commodities trading table posted gross of $3.11 billion, up 12.5% from a twelvemonth agone and exceeding expert expectations.

  Investment banking fees roseate 25% from a twelvemonth agone to $2.58 cardinal but missed expert expectations of $2.66 billion, according to Reuters.

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  Intel upgraded by Citi, acknowledged arsenic a 'formidable competitor' by TSMC

  Intel (INTC) got its 2nd upgrade this week connected Thursday arsenic Citi (C) analysts raised their standing connected the banal to Neutral from Sell.

  Analyst Atif Malik said that proviso tightness successful TSMC's (TSM) packaging concern would beryllium a tailwind for the US chipmaker.

  Packaging refers to erstwhile a finished spot is wired up and placed into a protective ammunition truthful it tin beryllium utilized successful computers and electronics. Intel's precocious packaging concern has precocious attracted involvement from Big Tech hyperscalers for their customized AI chips, KeyBanc expert John Vinh said this week successful his ain enactment upgrading Intel shares.

  Citi's Malik besides said helium believes Intel volition get front-end foundry customers arsenic yields connected its 18A-P and 14A manufacturing processes improve. In different words, helium thinks companies volition eventually, really wage Intel to manufacture their chips alternatively than conscionable bundle them, which is acold much lucrative.

  Meanwhile, Intel got a motion from its revered competitor, TSMC, which leads the spot manufacturing manufacture and produces starring borderline chips for Nvidia.

  Asked whether the US authorities concern successful Intel and the chipmaker's concern with Nvidia was a competitory interest for TSMC, CEO C.C. Wei said helium wasn't disquieted during a telephone with analysts aboriginal Thursday morning.

  But, helium said: "We person a rival — nary uncertainty astir it — that's a formidable competitor."

  "But first, it takes time; two, we don't underestimate their progress."

  Such acknowledgement from manufacture person TSMC indicates however acold Intel's struggling manufacturing concern has come, arsenic the company's turnaround is inactive questioned by galore connected Wall Street. The banal roseate fractionally Thursday and is up 154% implicit the past year.

• Chip gearmaking stocks emergence aft TSMC's upbeat outlook

  Shares of spot instrumentality makers rallied earlier the doorbell connected the heels of a assurance boost from AI bellwether TSMC (TSM).

  The Taiwanese declaration chipmaker's outlook and grounds Q4 nett lifted optimism that the AI-fueled Big Tech buildout volition support connected stoking demand.

  US-listed shares of ASML (ASML), a large supplier to TSMC, roseate implicit 6% aft the Dutch cogwheel maker's marketplace worth topped $500 cardinal for the archetypal clip successful Amsterdam.

  Lam Research (LRCX) surged astir 9%, portion chap US instrumentality supplier Applied Materials (AMAT) roseate astir 8%.

  Meanwhile, shares of TSMC lawsuit Nvidia (NVDA) besides moved up, but their beforehand was much muted astatine astir 1%.

• Delta's premium compartment occurrence is simply a metaphor

  Yahoo Finance's Hamza Shaban writes:

  Read much here successful the takeaway from today's Morning Brief.

• Crypto firms buoyed by Trump get rocks arsenic important measure is delayed

  Bloomberg reports:

  Stablecoins are a cardinal pillar of the cryptoasset universe, and usage is booming aft the US passed authorities governing them successful July. After their occurrence helping get Trump elected and the stablecoin measure passed, crypto executives present fearfulness the impasse implicit tokens pegged to the dollar could forestall the US regulatory model from catching up with different markets.

  “This hold is concerning arsenic it creates a probability for the US to beryllium 1 of the lone large integer assets hubs without a wide superior markets rulebook successful 2026,” said Dea Markova, manager of argumentation astatine Fireblocks, a crypto custody services provider.

  Read much here.

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  Penumbra banal jumps connected $14.5B Boston Scientific deal

  Penumbra (PEN) banal roseate 13% earlier the doorbell pursuing the quality that Boston Scientific (BSX) would acquisition the aesculapian instrumentality institution for $14.5 cardinal successful bid to grow its vascular pipeline.

  Boston Scientific (BSX) shares fell 2% pursuing the announcement.

  Reuters reports:

  Read much here.

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  BlackRock full assets deed grounds $14T arsenic ETFs surge

  BlackRock (BLK) banal edged higher by astir 2% connected Thursday during premarket trading, aft the plus manager pulled successful $342 cardinal of full lawsuit currency successful Q4. This has present pushed the institution to a grounds $14 trillion of assets.

  NYSE - Nasdaq Real Time Price • USD

  1,136.35 +43.33 (+3.96%)

  As of 9:50:02 AM EST. Market Open.

  Bloomberg News reports:

  Read much here.

• Stock market’s calm belies utmost swings successful idiosyncratic shares

  Bloomberg reports:

  The consciousness of calm that has pervaded the US banal marketplace for months is masking unprecedented bursts of volatility successful idiosyncratic shares, accidental Barclays Plc strategists.

  Last twelvemonth was a lawsuit successful point, erstwhile immoderate of the biggest components successful the S&P 500 (^GSPC) Index saw abnormal swings arsenic the gauge registered an AI-led, 16% rally. Between the 100 largest scale members, determination were 47 instances of crisp selloffs — specifically, a driblet of 5 modular deviations oregon more, a determination truthful uncommon it’s often considered an anomaly, according to Barclays. That’s the astir successful the bank’s information going backmost to 1998.

  More of the aforesaid is astir apt up this year, Barclays says, successful a telephone that underscores successful portion however babelike the benchmark gauge has go connected the trajectory of shares related to the artificial-intelligence theme. But according to Barclays, it besides shows however AI itself has sped up however traders process market-moving events.

  “Single stocks person go wherever the halfway of gravity of volatility is,” Stefano Pascale, caput of US equity derivatives probe astatine Barclays, said successful a telephone interview. That situation has created a “lottery-ticket mentality” among retail traders, helium said.

  Read much here.

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  Premarket trending tickers Applied Materials, Spotify, and Entegris

  Applied Materials' (AMAT) banal roseate 8% earlier the doorbell connected Thursday aft receiving an OutPerform standing and $385 terms people from analysts astatine RBC Capital.

  Spotify (SPOT) stock edged higher by 2% connected Thursday during premarket hours aft announcing it would ‌raise the terms of ‌its monthly premium subscription work by $1 to $12.99 for existing ⁠subscribers ‌in the United States, Estonia ‍and Latvia markets.

  Entegris Inc. (ENTG) banal roseate 7% earlier the doorbell contiguous aft announcing connected Wednesday that its committee of directors had authorized a quarterly currency dividend of $0.10 per stock to beryllium paid connected February 18, 2026 to shareholders.

• ASML's marketplace headdress soars supra $500 cardinal connected TSMC's upbeat outlook

  ASML (ASML, ASML.AS) shares soared implicit 7% to a grounds precocious successful Amsterdam, sending its marketplace worth beyond $500 billion, aft its cardinal lawsuit TSMC gave a stronger-than-anticipated outlook for 2026.

  Meanwhile, the Dutch semiconductor instrumentality maker's US-listed banal besides popped aft the Taiwanese declaration chipmaking giant's beardown Q4 earnings, up implicit 4% successful premarket.

  Bloomberg reports:

  Read much here.

• TSMC to ramp up spending arsenic nett jumps 35% connected AI boost

  Shares of TSMC (TSM, 2330.TW) roseate aboriginal Thursday aft the world's biggest declaration chipmaker posted a forecast-smashing 35% leap successful 4th fourth nett acknowledgment to the AI boom.

  The institution besides predicted robust maturation successful 2026 and said it plans to summation investment, hinting that much US factories are successful the works.

  Riding precocious connected what it calls the "AI mega trend", TSMC said its customers were "providing beardown signals" ‌and reaching retired straight to petition capacity, per Reuters.

  NYSE - Nasdaq Real Time Price • USD

  344.03 +16.92 (+5.17%)

  As of 9:50:02 AM EST. Market Open.

  AP reported:

  Taiwan Semiconductor Manufacturing Corp., a large supplier to companies including Nvidia and Apple, reported a nett net of 506 cardinal caller Taiwan dollars ($16 billion) for the October-December quarter, a 35% surge from a twelvemonth earlier, amended than analysts’ estimates.

  TSMC said Thursday that its gross successful the past 4th accrued 21% from a twelvemonth earlier to much than 1.046 trillion caller Taiwan dollars ($33 billion).

  TSMC said it plans to boost its superior expenditure fund to $52 billion-$56 cardinal for 2026, up from astir $40 cardinal past year. The company’s shares person climbed much than 8% since the opening of the year, reflecting its beardown presumption successful the AI-driven market.

  ... “We expect our concern to beryllium supported by continuous beardown request for our starring borderline process technologies,” Wendell Huang, TSMC's main fiscal officer, said successful a league call. He said spending would beryllium “significantly higher” successful the adjacent 3 years.

  Read much here.

• Microsoft to acceptable grounds with ungraded recognition acquisition to offset information centers

  Reuters reports:

  Read much here.

• Oil prices driblet aft Trump indicates the US volition not intervene successful Iran's onslaught connected civilians

  Bloomberg reports:

  Oil fell for the archetypal clip successful six days aft US President Donald Trump signaled helium whitethorn clasp disconnected connected attacking Iran for now.

  Brent (BZ=F) dropped arsenic overmuch arsenic 2.9% to commercialized beneath $65 a tube aft gaining astir 11% implicit the past week portion West Texas Intermediate (CL=F) was adjacent $60. Trump said he’d been assured that Iran would halt sidesplitting protesters, reducing the likelihood of an contiguous US subject effect to the demonstrations against the authorities of Supreme Leader Ayatollah Ali Khamenei and of disruptions to Iranian accumulation and cardinal shipping lanes.

  Elsewhere, US authorities information showed nationwide crude stockpiles roseate 3.4 cardinal barrels past week — the largest physique since aboriginal November. The rising inventories, much Venezuelan lipid heading to the US, positive a disruption astatine a cardinal terminal successful the Black Sea has pushed WTI to adjacent the deepest discount successful 15 months comparative to Brent.

  Read much here.