Costco Shares Surpass $1,000 Milestone as Investors Eye Upcoming Earnings
Markets Daniel Marsh

Costco Shares Surpass $1,000 Milestone as Investors Eye Upcoming Earnings

Costco stock closed above $1,000 after a 1.2% gain, with January sales rising 9.3%. The retailer's fiscal Q2 results and February sales figures are due March 5.

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Samsung Eyes HBM4 Production Start for Nvidia Amid Market Scrutiny
Technology Sarah Chen

Samsung Eyes HBM4 Production Start for Nvidia Amid Market Scrutiny

Samsung Electronics is reportedly preparing to begin mass production of HBM4 memory chips for Nvidia later this month, with shipments expected after the Lunar New Year holiday.

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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%.

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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.

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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.

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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.

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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.

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