Markets Close Volatile Week Higher: Bank Earnings and TSMC Rally Overcome Fed Jitters
Wall Street ended a turbulent week with gains as strong bank earnings and TSMC's AI-fueled outlook offset concerns about Fed independence and oil volatility.
TRENDING TOPICS
1317 articles found for "investing"
Wall Street ended a turbulent week with gains as strong bank earnings and TSMC's AI-fueled outlook offset concerns about Fed independence and oil volatility.
Senators Thom Tillis and Lisa Murkowski vow to block all Federal Reserve nominees after DOJ issues subpoenas to Fed Chair Jerome Powell, threatening Fed independence.
WTI crude plunged nearly 5% to $59 per barrel on January 16, the sharpest single-day drop since October, as Trump signals de-escalation with Iran.
China posted a historic $1.2 trillion trade surplus in 2025, up 20% from 2024, even as exports to the US fell 20%. How Beijing redirected global trade flows.
Amazon, Microsoft, Google, and Meta are projected to spend $602 billion on AI infrastructure in 2026, a 36% increase from 2025 levels.
Strategy (formerly MicroStrategy) acquires 13,627 BTC for $1.25 billion, bringing total holdings to 687,410 Bitcoin worth approximately $62 billion.
Chinese automaker BYD sold 2.25 million electric vehicles in 2025, surpassing Tesla's 1.63 million deliveries to become the world's largest EV maker.
The Federal Reserve reports December industrial production rose 0.1%, with manufacturing output edging higher. Here's what the data means for the economic outlook.
Bank of New York Mellon delivered record results in 2025, with $5.3 billion in net income and assets under custody reaching $59.3 trillion as the financial plumbing giant benefits from market gains.
The US and Taiwan have reached a landmark trade agreement that caps tariffs at 15% and commits $500 billion to expand American chip manufacturing capacity.
Bank of America CEO Brian Moynihan declares he's 'bullish on the U.S. economy in 2026' as trading revenue surges 10% and the bank projects 5-7% NII growth.
After finishing as the weakest Magnificent 7 stock for the seventh consecutive year, Amazon has surged to lead the tech giants in early 2026 as AWS accelerates.