Wall Street Stabilizes as AI Stocks Rebound and Oil Prices Drop
U.S. stocks steadied Thursday with AI shares recovering after TSMC's strong report and oil prices falling sharply, while earnings season continued.
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Latest reporting and analysis tagged with Artificial Intelligence.
U.S. stocks steadied Thursday with AI shares recovering after TSMC's strong report and oil prices falling sharply, while earnings season continued.
LightHouse Data Centers, led by former AWS executives, partners with Wharton Digital to launch a hyperscale data center platform in North America, aiming to deliver over 2 GW of capacity for AI and cloud demand.
TSMC announced a record quarterly profit, forecast strong growth, and detailed plans to expand its US manufacturing capacity, including a fourth Arizona factory.
SK Hynix will open a new Yongin factory three months early in February 2027 and start operating another plant next month to produce HBM chips for AI, as CEO Sungsoo Ryu cites 'tremendous' demand.
Alphabet and Apple signed a multi-year AI deal on Jan. 12, 2026, integrating Google's Gemini into Apple devices, sparking immediate market reactions and analysis from a recent livestream.
The Alta Group has published its 2026 Insights report, identifying AI and capital expenditure shifts as key factors shaping equipment finance strategies, with new features like Alta Pulsepoint mapping market risks and opportunities.
Walmart's AI acceleration executive Daniel Danker says 2026 will mark a shift from experimentation to transformation, with smarter recommendations and chatbot purchases in development.
Palantir Technologies' stock has more than doubled annually for three years, with Citigroup analysts forecasting further gains in 2026 driven by accelerating commercial and government revenue.
US stocks opened higher Thursday, recovering from losses after TSMC's strong profit and outlook lifted AI-related shares. Major indexes rose, with the Nasdaq leading gains. Oil and silver prices fell amid geopolitical developments.