Broadcom upgraded to buy after Q4 earnings, reveals $73B AI backlog
- Broadcom upgraded to buy rating following Q4 earnings report
- Company reveals $73 billion AI-related backlog and 5th XPU customer with $1 billion order
- Analysts flag AI-driven supply crunch and custom silicon upside for semiconductor sector
Tesla shifts Full Self-Driving to subscription-only model
- Tesla will make FSD available only as monthly subscription after Feb 14, removing $8,000 one-time purchase option
- Move aims to boost adoption of assisted driving tech amid struggles to get owners to pay for it
- Model Y remains top-selling US EV despite 15% Q4 sales drop; Cybertruck sales fall short of targets
JPMorgan stock falls 3% despite Q4 earnings beat
- JPMorgan reported Q4 earnings that beat expectations but investment banking fees missed forecasts
- Stock dropped 3% as investors focused on weak advisory/deal activity and cautious economic outlook
- Market also weighed Trump's proposed 10% credit card rate cap that could impact bank revenues
US approves Nvidia H200 chip exports to China, Beijing restricts purchases
- Trump administration gave green light for Nvidia's H200 AI chip exports to China with strict security requirements
- Chinese customs told agents H200 chips are not permitted except for special cases like university research
- Creates uncertainty for Nvidia's China business amid US-China tech tensions
Micron added to Zacks Strong Buy list, shares surged 200% in 2025
- Micron made Zacks Rank #1 Strong Buy growth stocks list on Jan. 14
- Stock tripled in 2025 on booming HBM demand and record revenues
- Analysts cite AI data center memory demand and shift to inferencing
Apple partners with Google to integrate Gemini AI into iPhones
- Apple and Google formalized multiyear deal to integrate Google's Gemini AI models into Apple ecosystem
- Partnership gives Google access to Apple's 2B active devices and data, boosting Gemini's capabilities
- Analysts see potential for iPhone upgrade cycle as 750M older iPhones may need new hardware for AI features
Palantir sues ex-employees' AI startup over trade secrets
- Palantir sued Percepta AI, founded by former employees, alleging trade secret theft
- Percepta claims Palantir is trying to scare workers from leaving and prevent startup growth
- Legal battle centers on interpretation of employment agreements and talent poaching
Apple partners with Google's Gemini AI to power Siri in multiyear deal
- Apple formalized strategic partnership with Alphabet to integrate Google's Gemini AI models into Apple ecosystem
- Deal aims to significantly upgrade Siri's capabilities and could drive iPhone upgrade cycle from older models
- Analysts see partnership as Apple's serious AI push while maintaining software advantage in foldable market
Amazon appeals Italian antitrust fine, seeks supplier price cuts amid tariff uncertainty
- Amazon will appeal Italian court's reduced antitrust fine, believing it shouldn't be charged at all
- Company pushing suppliers for price cuts as U.S. tariff reductions lower costs on Chinese goods
- Expanding retail footprint with big-box concept and Just Walk Out tech for pop-up stores
Meta cuts 1,000+ VR jobs, shifts focus to AI wearables
- Meta is cutting over 1,000 jobs from its Reality Labs division
- Company shifting resources from metaverse VR projects to AI wearables and phone features
- Meta and EssilorLuxottica considering doubling Ray-Ban smart glasses production capacity
Uber sets Q4 2025 earnings call date for February 4
- Uber announced it will report Q4 and full-year 2025 results on February 4
- Investors will get financial performance update and management commentary
- Conference call scheduled for 8:00 AM Eastern Time with webcast available
Microsoft pledges to absorb data center energy costs to prevent utility price hikes
- Microsoft commits to paying higher electricity rates for its US AI data centers
- Company aims to prevent rising power demand from being passed on to consumers
- Announces "Community-First AI Infrastructure" plan amid public backlash over data center impacts
AMD stock jumps 6.4% after analyst upgrade citing AI chip demand
- KeyBanc upgraded AMD to Overweight with $270 price target, citing server CPU supply constraints
- Analyst sees up to $15B AI chip revenue potential as AMD competes with Nvidia in AI accelerators
- Stock surged to $221 amid broader market weakness, with TCS partnership announcement also boosting sentiment
Bank of America positioned for potential earnings beat
- Bank of America has strong history of beating earnings estimates
- Analysts see right combination of factors for another potential beat
- Zacks Research highlights BAC's positive earnings surprise track record
UnitedHealth reaffirms 2026 guidance after turbulent 2025
- Company reaffirmed full-year 2026 earnings guidance implying significant growth
- Stock fell 34% in 2025 due to management changes, mispriced costs, and high medical cost ratio
- Senate approved ACA subsidy extensions, removing uncertainty that previously pressured shares
Eli Lilly presents at J.P. Morgan conference, stock rallied 41% in late 2025
- Eli Lilly presented at 44th Annual J.P. Morgan Healthcare Conference
- Stock surged 41% from August to December 2025 amid Wegovy concerns easing
- Ventyx deal helped calm investor worries about competition with Novo Nordisk
Netflix considers changing Warner Bros. bid to all-cash offer
- Netflix is revising its $72 billion Warner Bros. Discovery acquisition terms
- Company may switch from cash-and-stock deal to all-cash offer
- Move comes as Paramount makes competing $30/share all-cash bid for Warner
Oracle stock falls 1.17% amid broader market decline
- Oracle shares closed at $202.29, down 1.17% from previous close
- Stock underperformed broader market indices during the trading session
- Decline noted by Zacks Investment Research in market analysis report
Senate unveils crypto regulatory framework draft
- Senate releases draft legislation for comprehensive U.S. cryptocurrency regulation
- Clear regulatory framework could boost crypto industry legitimacy and adoption
- Coinbase shares rise as market anticipates regulatory clarity
Intel stock jumps 7.3% after KeyBanc upgrade citing strong AI server CPU demand
- KeyBanc upgraded Intel, highlighting strong demand for AI server CPUs
- Upgrade comes as competition heats up in AI chip market against Nvidia and AMD
- Intel shares surged 7.3% to $47.29, among top performers in S&P 500 and Nasdaq
Merck raises long-term revenue target to $70 billion by mid-2030s
- Company sees up to $70 billion in new revenue opportunities by mid-2030s
- Aims to offset expected loss of exclusivity for key drugs
- Shows confidence in pipeline growth despite patent expirations
Disney stock up 4.4% over past year
- DIS shares gained 4.4% in the last 12 months
- Company testing AI-driven ad tools and vertical video formats
- Streaming advertising growth seen as potential catalyst for further gains
Delaware court orders recalculation of J&J Auris case damages
- Delaware Supreme Court overturned part of $1 billion damages award against Johnson & Johnson
- Court ordered recalculation of damages in Auris Health merger case, potentially lowering payouts
- Decision could reduce J&J's financial liability from the original billion-dollar award
Pfizer CEO sees obesity drug market rivaling Viagra's success
- CEO Albert Bourla compares obesity drug potential to Viagra's 1998 launch
- Analysts maintain "Hold" rating with 13 holds, 4 buys, 1 sell among 20 firms
- Company presented at J.P. Morgan Healthcare Conference this week