Bernstein initiated coverage of X-Fab Silicon with a Market Perform rating and a EUR 5.50 price target, citing its attractive legacy-node foundry position but concerns over high capex and cyclical volatility.
Wells Fargo raised BNY Mellon's price target to $122 from $119, maintaining an Equal Weight rating, citing the company's Q4 2025 top-line beat and 2026 guidance of 5% revenue growth.
Mitsubishi Electric is soliciting bids for its automotive equipment business, with first-round proposals due by Jan. 26 and a potential sale value exceeding $1.3 billion.
CD rates remain high despite recent Federal Reserve rate cuts, with Marcus by Goldman Sachs offering 4% APY on a 1-year CD. Rates are expected to decline further in 2026.
Lithium Ionic outlines 2026 priorities for Bandeira Project construction and reports termination of a mineral claims option agreement in Brazil.
AI video generation startup Higgsfield raised $80 million, valuing it over $1.3 billion. The funding round included Accel, GFT Ventures, and Menlo Ventures.
Major US banks reported Q4 2025 earnings this week, with stocks falling over policy risks like a proposed credit card rate cap. Executives warned the cap would harm consumers and the economy.
US stock futures rose Thursday as TSMC's strong Q4 results boosted AI hopes. Oil and silver prices fell amid geopolitical developments. Investors await major bank earnings.
Farmmi's US subsidiary Suppchains Group has obtained FDA Food Facility Registration for its Chino, California warehouse, enabling legal food-related logistics services.
Nvidia has seen revenue and stock surge due to AI leadership. It partners with Nokia for 6G and launches AI models for autonomous vehicles, aiming to become an AI backbone across industries.
Scorpio Tankers Inc. has signed five-year time charter agreements for two LR2 product tankers, STI Rose and STI Alexis, at $29,000 daily each, starting Q1 2026.
Barclays and Roth MKM reaffirm Hold ratings on Range Resources stock. The company plans to redeem $600 million in senior notes on January 15, 2026.
Barclays and Bernstein maintained ratings on Devon Energy stock with price targets around $40-$42, while Roth Capital provided a 2026 production forecast.
Bitcoin miners are adjusting strategies post-halving, moving from speculative mining to infrastructure roles, with a growing emphasis on block space as a valuable resource, according to Abundant Mines CEO Beau Turner.
Wells Fargo added Antero Resources to its Q1 2026 Tactical Ideas list on January 5, maintaining a Buy rating with a $49 price target, citing strategic benefits from a recent acquisition.