ASML Surpasses $500 Billion Market Cap on TSMC Spending Boost
ASML's market value exceeded $500 billion after TSMC announced higher-than-expected capital spending plans, driven by AI chip demand. Shares rose 5.4%.
Author
Breanna Herman
Latest reporting and analysis by Breanna Herman.
Page 1
44 stories total
More updates ahead
Fed's Bowman Calls for Readiness to Cut Rates Amid Job Market Fragility
Federal Reserve Vice Chair Michelle Bowman said the central bank should be prepared to cut interest rates further, citing signs of fragility in the labor market and warning that layoffs could rise quickly.
Analysts Highlight Amazon's AI Shopping Assistant as Growth Driver
Evercore ISI reiterated an outperform rating for Amazon with a $335 price target, citing AI shopping assistant Rufus's impact on sales and a new cloud partnership with Infosys.
Five Stocks Identified as Potential Bargains for 2026
Five stocks, including Amazon, Meta Platforms, The Trade Desk, Adobe, and PayPal, are highlighted as potential bargains based on recent performance metrics and valuations, with expectations for returns in 2026.
SMH ETF Emerges as Key AI Investment Amid Semiconductor Surge
The VanEck Semiconductor ETF (SMH) is positioned as a core AI investment for 2026, offering concentrated exposure to leading semiconductor companies benefiting from AI infrastructure spending. The ETF has delivered strong returns, with inference workloads expected to drive sustained demand.
Ryder System Downgraded by Analyst Following Recent Acquisition
Wolfe Research downgraded Ryder System to Peer Perform on January 8, shortly after the company completed its acquisition of Truck Service Depot on January 5.
Coca-Cola Extends Dividend Streak Amid Strong Financial Performance
Coca-Cola is set to increase its dividend for a 64th consecutive year, supported by robust profits and pricing power, though its long-term market performance may lag.
RenaissanceRe Holdings Sees Price Target Adjustments from Analysts
TD Cowen and Barclays updated price targets for RenaissanceRe Holdings Ltd. on January 8, with the company recently reporting strong Q3 2025 profitability and significant shareholder returns.
SK Hynix Invests $13 Billion in New AI Memory Plant Amid Industry Expansion
SK Hynix announced a $13 billion investment for a new AI memory packaging facility in Cheongju, South Korea, as competitors like Samsung and Micron also ramp up production amid surging demand.