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JPMorgan Surges 4% as Dow Breaks 50,000 Milestone; Focus Turns to Economic Data
JPMorgan Chase shares climbed nearly 4% on Friday, closing at $322.40, as the Dow Jones Industrial Average surpassed 50,000 for the first time. Investors now await key U.S. employment and inflation reports this week.
FDA Crackdown on Compounded Weight-Loss Drugs Boosts Eli Lilly Shares
Eli Lilly's stock rose 3.7% after the FDA warned Hims & Hers to halt sales of a non-approved compounded GLP-1 weight-loss pill, signaling a regulatory clampdown that may support pricing for branded obesity drugs.
Tesla shares gain 3.5% on solar and AI developments, but weekly loss persists
Tesla stock closed at $411.11 Friday, rising 3.5% but still down 4.5% for the week. The company announced a 100GW U.S. solar manufacturing target and is operating an AI training center in China for assisted driving.
TSMC Shares Surge on Renewed AI Optimism, Traders Await Key Sales Data
TSMC's U.S.-listed shares jumped 5.5% Friday as chip stocks rallied on AI data-center spending bets. Investors now await the company's January sales report due Tuesday.
Amazon Shares Slide on $200B AI Spending Plan, Clouding Profit Outlook
Amazon stock fell 5.6% after projecting $200 billion in 2026 capital expenditures, raising investor concerns over AI investment returns. Broader markets rose, with the Dow surpassing 50,000.
Aramco Shares Edge Lower as Oil Prices and Geopolitics Drive Market Sentiment
Saudi Aramco shares closed slightly lower amid mixed signals from crude markets and ongoing geopolitical tensions, while the broader Saudi market posted modest gains.
Meta Shares Dip Amid AI Spending Concerns and European Regulatory Pressure
Meta Platforms stock declined 1.3% as investors weigh the impact of massive AI capital expenditures and potential new European restrictions on youth social media access.
Bitcoin Stabilizes Above $70K After Volatile Week as Regulatory Shifts Unfold
Bitcoin held above $71,000 after a turbulent week that saw prices briefly dip below $60,000. The market faces reduced liquidity and leverage unwinds amid new stablecoin legislation and a shifting U.S. regulatory landscape.