Broadcom Surges 7% on Renewed AI Infrastructure Spending Optimism
Technology Sarah Chen

Broadcom Surges 7% on Renewed AI Infrastructure Spending Optimism

Broadcom shares rallied 7.2% to $332.92 Friday, lifted by Amazon and Alphabet's plans to boost AI infrastructure budgets. The stock remains nearly 20% below its December peak.

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China Life Insurance Shares Dip Ahead of Key Inflation Data Release
Markets Daniel Marsh

China Life Insurance Shares Dip Ahead of Key Inflation Data Release

China Life Insurance's A-shares fell 0.75% to 47.47 yuan as markets closed Friday, with investors awaiting January inflation figures due February 11. The broader Shanghai Composite declined 0.25%.

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TSMC Shares Surge on Renewed AI Infrastructure Spending Optimism
Technology Sarah Chen

TSMC Shares Surge on Renewed AI Infrastructure Spending Optimism

TSMC's U.S.-listed shares jumped 5.5% Friday as semiconductor stocks rallied, fueled by renewed investor confidence in AI-related capital expenditure. The chipmaker will report January sales figures on February 10.

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Deutsche Telekom Shares Dip Amid Buyback Activity Ahead of Key Earnings
Earnings James Calloway

Deutsche Telekom Shares Dip Amid Buyback Activity Ahead of Key Earnings

Deutsche Telekom shares declined 1.1% to €30.26 despite a €7.63 million share repurchase, with investors focused on upcoming 2025 financial results due February 26.

TMUS
Airbus Shares Edge Up Despite Slower January Deliveries, Supply Chain Concerns Persist
Markets Daniel Marsh

Airbus Shares Edge Up Despite Slower January Deliveries, Supply Chain Concerns Persist

Airbus shares gained 0.94% to €191.30 as the company reported 19 aircraft deliveries in January, down from 25 a year earlier. Supply chain bottlenecks remain a key challenge ahead of full-year results.

AIR
Santander Gains on Buyback and US Acquisition, Faces UK Provision
Markets Daniel Marsh

Santander Gains on Buyback and US Acquisition, Faces UK Provision

Banco Santander shares rose 1.85% Friday following a €5.03 billion share repurchase plan and a $12.2 billion deal for Webster Financial. The bank also increased its UK motor finance provision to £461 million.

SAN
Salesforce Recovers to $191 Amid AI Sector Rotation, Eyes Earnings
Earnings James Calloway

Salesforce Recovers to $191 Amid AI Sector Rotation, Eyes Earnings

Salesforce shares stabilized at $191.35 Friday, paring weekly losses after an AI-driven selloff hit software stocks. Investors await Q4 results due Feb. 25.

CRM
Schwab Nears 52-Week Peak Amid Insider Sale, Awaits Key Data
Markets Daniel Marsh

Schwab Nears 52-Week Peak Amid Insider Sale, Awaits Key Data

Charles Schwab shares advanced 3% to $105.08, approaching a yearly high as markets rallied. Co-chairman Walter Bettinger sold over 257,000 shares this week, filings show.

SCHW
NextEra Energy Approaches Record High Following $1.3 Billion Bond Offering
Markets Daniel Marsh

NextEra Energy Approaches Record High Following $1.3 Billion Bond Offering

NextEra Energy shares edged higher, nearing a new peak after a major debt issuance. Investors now await upcoming U.S. jobs and inflation data for direction on interest rates.

NEE
KLA Leads Chip Equipment Surge on Amazon Capex Boost
Technology Sarah Chen

KLA Leads Chip Equipment Surge on Amazon Capex Boost

KLA Corp shares rallied 8.4% to $1,442.95, leading chip-equipment stocks higher after Amazon announced a major increase in capital spending. The PHLX Semiconductor Index gained 5.7%.

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CBA Shares Hold Ground Ahead of Key Earnings Report
Earnings James Calloway

CBA Shares Hold Ground Ahead of Key Earnings Report

Commonwealth Bank shares showed relative resilience, declining only 0.23% versus the broader ASX 200's 2.03% drop. Investors await the bank's half-year results and commentary on margin pressures and credit trends.

CBAUF
Boeing Shares Climb on Major Order Prospects from India and Saudi Arabia
Markets Daniel Marsh

Boeing Shares Climb on Major Order Prospects from India and Saudi Arabia

Boeing stock rose 2.6% to $243.03 Friday, lifted by potential aircraft deals worth up to $80 billion from India and a 150-jet order discussion with Saudi Arabia. Supply chain and regulatory challenges remain key hurdles.

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