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TSMC Sees December Sales Dip but Delivers Strong Quarterly and Full-Year Growth
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) said on Friday that revenue eased month on month in December, while still recording solid year-on-year growth and rounding out a strong fourth quarter and full year as demand driven by artificial intelligence remained robust. The world’s largest foundry reported consolidated December revenue of NT$335.0 billion (about $10.6 billion), representing…
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Johnson & Johnson Reaches Agreement With Trump Administration on Drug Pricing
Johnson & Johnson (NYSE:JNJ) said on Thursday it has entered into an agreement with the administration of President Donald Trump to reduce the prices of certain medicines for U.S. consumers, in return for relief from U.S. import tariffs. “The joint agreement meets the requests laid out by President Trump to the industry and provides the…
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Oil climbs as supply worries in Venezuela and Iran linger
Oil prices climbed for a second session on Friday, rising over 1% and positioning the market for a third straight weekly advance as investors weighed uncertainties over crude supply from Venezuela and rising concerns about output in Iran. Brent futures rose about 1.3% to around $62.8 a barrel, while U.S. West Texas Intermediate (WTI) crude…
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Gold prices little changed as markets await US jobs data; bullion set for weekly gain
Gold held near recent levels in Asian trade on Friday as investors remained cautious ahead of key US employment figures due later in the session, while the metal continued to track for a weekly advance supported by geopolitical risk, particularly tensions between the US and Venezuela. Spot gold was largely flat around $4,474 an ounce…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Brace for Jobs Report and Possible Supreme Court Tariff Decision
US equity futures were largely unchanged as investors positioned cautiously ahead of key monthly employment data and a potential Supreme Court ruling on the White House’s far-reaching import tariffs. Attention is also on Washington, where President Donald Trump is expected to meet oil industry leaders amid renewed focus on Venezuela’s energy assets, while mining heavyweights…
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U.S. Stocks Close Mixed For Second Consecutive Session
After ending yesterday’s lackluster session on opposite sides of the unchanged line, the major U.S. stock indexes turned in another mixed performance during trading on Thursday. While the Dow moved back to the upside after Wednesday’s pullback, the tech-heavy Nasdaq closed lower for the first time in four sessions. The Dow climbed 270.03 points or…
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Archer Aviation shares rally after unveiling NVIDIA AI collaboration
Archer Aviation Inc. (NYSE:ACHR) shares rose 6.3% on Thursday after the company revealed a new partnership with NVIDIA (NASDAQ:NVDA) to embed advanced artificial intelligence computing into its aircraft systems. The electric vertical takeoff and landing (eVTOL) developer announced at CES 2026 that it plans to adopt NVIDIA’s IGX Thor platform as the foundation for next-generation…
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Off the Hook shares jump after unveiling $1 million share repurchase plan
Off the Hook YS Inc. (AMEX:OTH) shares climbed 14.1% on Thursday after the pre-owned boat retailer announced a new $1 million share buyback, a move seen as a vote of confidence from management in the company’s long-term outlook. Under the authorization, the company can repurchase its common shares at management’s discretion. Any buybacks would be…
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Direct Digital Holdings shares slide after unveiling 55-for-1 reverse stock split
Direct Digital Holdings Inc (NASDAQ:DRCT) shares sank 14.7% on Thursday after the advertising technology group revealed plans to carry out a 55-to-1 reverse stock split as part of efforts to restore compliance with Nasdaq listing rules. The company said its Class A common shares will start trading on a split-adjusted basis on January 12, 2026.…
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Largo shares slide after unveiling potential $60m at-the-market equity raise
Largo Inc (NASDAQ:LGO) shares dropped 8% on Thursday after the vanadium producer announced a new at-the-market (ATM) share offering that could lead to dilution for existing investors. Under the program, Largo can issue and sell up to $60 million of common stock on The Nasdaq Stock Market, with H.C. Wainwright & Co., LLC acting as…