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Tencent's AI Cash Splash Meets WeChat Limits as Tech Sector Slips
Technology Sarah Chen

Tencent's AI Cash Splash Meets WeChat Limits as Tech Sector Slips

Tencent shares fell 1.97% to HK$547.50 Friday amid a 1-billion-yuan AI giveaway and WeChat promotion restrictions, with the Hang Seng TECH Index dropping 1.11%.

BABA TCEHY FXI MCHI
Berkshire Hathaway's 13F Filing Looms as BRK.B Gains Amid Market Rotation
Markets Daniel Marsh

Berkshire Hathaway's 13F Filing Looms as BRK.B Gains Amid Market Rotation

Berkshire Hathaway's Class B shares rose 0.83% to $508.09 as the Dow surpassed 50,000. Investors await the firm's delayed 13F holdings report due Feb. 17.

BRK.B AAPL AXP
Exxon Mobil Tests $149 as Geopolitical Tensions Fuel Energy Sector Rally
Commodities Rebecca Torres

Exxon Mobil Tests $149 as Geopolitical Tensions Fuel Energy Sector Rally

Exxon Mobil shares climbed 2% to $149.05 amid rising oil prices driven by U.S.-Iran tensions, with investors eyeing the upcoming dividend record date.

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JPMorgan Surges 4% as Dow Breaks 50,000 Milestone; Focus Turns to Economic Data
Markets Daniel Marsh

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.

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FDA Crackdown on Compounded Weight-Loss Drugs Boosts Eli Lilly Shares
Regulation James Calloway

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.

LLY NVO
Walmart Reaches Historic High, Eyes on Economic Data and Earnings
Markets Daniel Marsh

Walmart Reaches Historic High, Eyes on Economic Data and Earnings

Walmart shares closed at a record $131.18, buoyed by a Citi price target hike to $147. Investor focus now shifts to upcoming U.S. jobs and inflation reports, followed by the retailer's quarterly earnings.

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Tesla shares gain 3.5% on solar and AI developments, but weekly loss persists
Technology Sarah Chen

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.

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

Broadcom Surges 7% on AI Infrastructure Spending Optimism

Broadcom shares rallied over 7% Friday, closing at $332.92, fueled by renewed investor focus on AI data-center capital expenditure. The company's next earnings report is scheduled for March 4.

AVGO GOOGL AMZN META MSFT NVDA
TSMC Shares Surge on Renewed AI Optimism, Traders Await Key Sales Data
Markets Daniel Marsh

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.

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Amazon Shares Slide on $200B AI Spending Plan, Clouding Profit Outlook
Earnings James Calloway

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.

AMZN XLK
Alphabet Shares Extend Losses as AI Capex Concerns Weigh on Big Tech
Technology Sarah Chen

Alphabet Shares Extend Losses as AI Capex Concerns Weigh on Big Tech

Alphabet's Class C stock fell for a fourth consecutive session, closing at $323.10, as investor caution grows over escalating AI infrastructure spending plans for 2026.

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Aramco Shares Edge Lower as Oil Prices and Geopolitics Drive Market Sentiment
Commodities Rebecca Torres

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.

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