TSMC Profit Surge Fuels AI Optimism and Market Rebound
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 Warehouse Secures FDA Registration
Farmmi's US subsidiary Suppchains Group has obtained FDA Food Facility Registration for its Chino, California warehouse, enabling legal food-related logistics services.
Nvidia Expands AI Ecosystem Beyond GPUs with New Partnerships and Products
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 Secures Long-Term Charters for Two LR2 Tankers
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.
Range Resources Maintains Analyst Ratings and Announces Debt Redemption
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.
Analysts Issue Mixed Outlooks on Devon Energy Stock
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 Shift Focus to Infrastructure and Block Space
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.
Analysts Highlight Antero Resources as a Top Value Pick Amid Market Moves
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.
Sunoco LP Issues 2026 Financial Outlook and Receives Analyst Upgrade
Sunoco LP released its 2026 guidance on January 6, forecasting adjusted EBITDA of $3.1-3.3 billion. The company also received a stock upgrade from Raymond James on January 5.
Crescent Energy Receives Market Perform Rating Amid Debt Restructuring
BMO Capital Markets initiated coverage on Crescent Energy with a Market Perform rating and $10 price target, citing improved margins but caution on 2026 outlook. The company recently issued senior unsecured notes to restructure debt.
Civitas Resources Receives Antitrust Clearance for Merger as Analyst Maintains Hold Rating
Civitas Resources secured key antitrust approval for its merger with SM Energy on Dec 18. Analyst Gabriele Sorbara reaffirmed a Hold rating and $29 price target on Dec 26, indicating potential upside.
MicroStrategy Director Buys Shares After MSCI Delisting Threat
MicroStrategy director Carl Rickertsen purchased 5,000 shares worth $779,395, his first buy since 2022, following MSCI's delayed delisting decision.
Trump's Credit Card Rate Remarks Rattle Bank Stocks and ETFs
President Trump's call for a 10% cap on credit card interest rates caused bank stocks and financial ETFs to fall, adding uncertainty after a strong 2025.
Vanguard Splits Into Two Investment Units After Months of Planning
Vanguard completed its division into two separate investment management teams this week, a move announced six months ago. The split aims to clarify accountability and create leadership roles but raises questions about maintaining performance and low costs.
BNY Mellon Earnings Report Offers a Window into Financial Market Health
BNY Mellon reported quarterly earnings showing $59.3 trillion in assets under custody, a 14% annual increase. The bank's results reflect broader market trends, with CEO Robin Vince defending Federal Reserve independence.