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Latest reporting and analysis by Dr. Sydney Kertzmann.
TSMC reported a 20% year-over-year revenue jump in Q4, beating expectations. The surge is driven by booming AI chip demand from customers like Nvidia and Apple, fueling semiconductor stock gains.
JPMorgan analyst Gokul Hariharan increased TSMC's price target to NT$2,100 on January 7, maintaining an Overweight rating and forecasting robust revenue growth through 2026-2027 driven by AI demand.
Valero Energy's stock reached an all-time high on January 8 as investors see it benefiting from potential increased Venezuelan oil imports. Analyst price targets were raised, and investor Michael Burry expressed confidence in the company.
Evercore ISI upgraded SLB N.V. to 'Outperform' on January 6, raising its price target and EPS estimates, citing the ChampionX acquisition and reduced APS exposure.
Dependent first-year students face a $5,500 federal loan limit, covering under 25% of average $25,850 public college costs, leading many to private loans with different terms.
Bernstein lowered Diamondback Energy's price target to $190, while Piper Sandler maintained a buy rating with a $219 target, citing the company's strong performance and Permian position.
Oil prices hit a two-month high as traders factor in risks from Iran protests and U.S. threats. Brent and WTI rose over 10% in five sessions.
US stock futures fell Wednesday as investors monitored bank earnings, inflation data, and rising tensions with Iran. Oil and precious metals climbed.
Kroger confirms promotions for Victor Smith, Monica Garnes, Ken DeLuca, and Kendra Doyel, alongside retirements of Tom Schwilke and Colleen Juergensen.