Taiwan Semiconductor Manufacturing Co. (TSMC) shares surged by the most since April, extending a powerful rally as investor optimism around artificial intelligence demand carried into the new year. The world’s largest contract chipmaker climbed as much as 6.9% in Taipei trading to reach a fresh record high, underscoring its central role in the global AI
Elon Musk’s satellite internet service Starlink has begun offering free broadband access to users in Venezuela through Feb. 3, as the country deals with widespread disruption following US airstrikes and the arrest of former leader Nicolas Maduro. The move places a private technology provider at the centre of a fast-moving geopolitical crisis, where connectivity has
Escalating trade tensions, US President Donald Trump announced on Sunday that the US is considering raising tariffs on India unless New Delhi agrees to Washington’s demands to reduce its purchases of Russian oil, following the latest round of inconclusive trade talks. “(Prime Minister Narendra) Modi is a good guy. He knew I was not happy,
Foxconn, the world’s largest contract electronics manufacturer and a key partner to Nvidia, reported a sharp rise in revenue in the final quarter of 2025, underscoring the continued momentum behind global investment in artificial intelligence infrastructure. Also known as Hon Hai Precision Industry Co., the Taiwanese group said quarterly revenue rose 22% year on year
CoreWeave shares were rising early Monday after a known critic of the company upgraded the stock and raised its price target, citing an OpenAI fundraise would also benefit the cloud-tech company. DA Davidson analyst Gil Luria upgraded CoreWeave to Neutral from Underperform and raised his price target to $68 from $36, triggering a rise of
In his final interview as chief executive, Warren Buffett expressed profound confidence in Berkshire Hathaway’s future longevity, telling CNBC that the company “has a better chance of being here 100 years from now than any company I can think of.” The 95-year-old Oracle of Omaha formally stepped down on January 1, 2026, after six decades
Nvidia stock (NASDAQ: NVDA) surged roughly 3% on Friday as investors positioned ahead of the company’s pivotal CES keynote on January 5 and amid growing excitement about Chinese H200 demand. The broader Nasdaq composite also strengthened, with the tech sector leading the market as traders returned from the New Year break. The rally underscores how
Valuations and bubble concerns are top of mind for investors as they start the new year after what can only be described as a blockbuster 2025. Still, Andrew Slimmon – a senior expert at Morgan Stanley – believes US megacap tech stocks are actually more attractive to own “now” than they were a year ago.
SanDisk (NASDAQ: SNDK) was the “top-performing” S&P 500 stock last year, as index inclusion drove institutional capital to the flash memory firm – but Citi sees it pushing higher still in 2026. In her latest research note, senior analyst Asiya Merchant maintained a “buy” rating on SNDK shares, with a $280 price target, indicating potential
Global markets and geopolitics set a volatile tone for the start of 2026. US equities are flashing renewed bullish momentum as investors rotate back into risk assets ahead of key economic data and earnings season. Corporate developments underscore shifting sector dynamics, from mounting pressure in the electric vehicle space to consolidation in India’s fast-growing consumer