Key TakeawaysOracle shares surged Tuesday after reports that President Trump could soon announce an artificial intelligence initiative involving the software maker.Trump is expected to announce a joint venture involving Oracle, OpenAI and SoftBank, called Stargate, to build AI infrastructure in the U.S., CBS News reported.The companies reportedly could commit $100 billion to start, and as much as $500 billion over the next four years toward the initiative.  Oracle (ORCL) shares surged Tuesday following repo ...

Key TakeawaysGeneral Motors shares rose Tuesday after Deutsche Bank analysts upgraded the automaker's stock ahead of its fourth-quarter earnings report.Deutsche Bank cited GM's recent "strategic moves" like ending the Cruise robotaxi program and restructuring its struggling China business as positives.The analysts also said they believe GM's stock can continue to outperform rival Ford's in 2025. Shares of General Motors (GM) rose Tuesday after Deutsche Bank analysts upgraded the automaker's stock ahead of i ...

Company Performance and Market Sentiment - Intel shares rose 2 5% to around $22 in early-afternoon trading Tuesday following a 12% surge last week [2][3] - The stock has lost more than half its value over the past 12 months due to investor skepticism about its ability to capture a greater share of the AI chip market [3] - A bullish engulfing pattern formed on the chart near the early-September low, signaling a potential double bottom [4][10] Strategic Updates and Deal Rumors - Intel plans to spin off its venture fund as a standalone entity while remaining an investor to improve business efficiency [2] - Sentiment was further boosted by rumors that Intel might be a takeover target [2] Technical Analysis and Key Price Levels - Follow-through buying could push Intel shares to around $25, near resistance levels from October 2022 and February 2023 troughs [6] - A decisive close above $25 may see the stock climb to $30, near a trendline connecting highs and lows from September 2022 to June 2023 [7] - More bullish price action could propel the stock to around $37, near the 200-day moving average and a horizontal line linking trading levels from June 2022 to July 2023 [8] - A key support level to track is around $19, near significant lows from September and January [9][10] Market Activity and Investor Behavior - Last week's rally occurred on the highest weekly volume since early December, indicating strong buying conviction from institutional investors and hedge funds [5]

KEY TAKEAWAYS Apple shares fell Tuesday after Jefferies downgraded the stock to an “underperform” from “hold” on Monday.Jefferies noted that flagging iPhone sales and weak demand for its artificial intelligence (AI) features in newer models would lead the tech giant to undershoot quarterly revenue forecasts.JPMorgan analysts on Tuesday stuck with an overweight call on Apple but downgraded their price target to $260 from $265, citing wariness about the company's outlook. Apple (AAPL) shares fell Tuesday afte ...

Group 1 - 3M shares surged after the company exceeded fourth-quarter profit and sales estimates, driven by higher demand across various product lines [1][4] - Adjusted earnings per share reached $1.68, surpassing analyst expectations, while revenue increased by 0.1% year-over-year to $6 billion, or $5.8 billion excluding "forever chemicals" [1][2] - The company attributed sales growth to broad-based demand in industrial sectors, strength in electronics and aerospace, and a strong holiday season, despite softer auto builds [2][4] Group 2 - Revenue in the Transportation & Electronics unit rose by 3.4% to $7.5 billion, supported by new product launches and market share gains [2] - The Safety & Industrial segment saw a revenue increase of 0.7% to $11 billion, driven by higher demand for roofing and industrial adhesive products [2] - The Consumer division experienced a revenue decline of 1.2% to $4.9 billion [2] Group 3 - 3M's restructuring program initiated in 2023, aimed at simplifying operations and improving margins, is reported to be largely complete [3][4] - Following the earnings release, 3M shares rose over 4% to $146.99, marking their highest level in three years [3]

Key TakeawaysCharles Schwab shares rose Tuesday after the financial services firm's earnings for the fourth quarter topped estimates.Revenue and profits surged from the same time a year ago as asset management fees set a quarterly record.Trading activity also rose, as the company said "client engagement surged" after the election. Shares of Charles Schwab (SCHW) rose Tuesday morning after the financial services company's fourth-quarter results beat analysts' expectations as trading activity rose and asset m ...

Core Insights - D.R. Horton reported better-than-expected fiscal 2025 first-quarter earnings, with EPS of $2.61 and revenue of $7.61 billion, despite a 1.5% year-over-year decline [1][4] - The company attributed increased buyer activity to incentives like mortgage rate buydowns, which helped address affordability challenges [2][4] - D.R. Horton plans to increase its stock buyback program to between $2.6 billion and $2.8 billion, up from a previous estimate of $2.4 billion [2][4] Financial Performance - Fiscal 2025 Q1 EPS was $2.61, exceeding analysts' expectations [1] - Revenue for the quarter was $7.61 billion, reflecting a 1.5% decline year-over-year [1] - The company's shares gained nearly 2% on the reporting day but remain slightly lower over the past year [3] Market Conditions - Executive Chair David Auld noted that demographics supporting housing demand remain favorable despite buyer affordability challenges [2] - The company is responding to high home prices by starting and selling more homes with smaller floor plans to meet demand [2]

Key TakeawaysGE Aerospace is set to report fourth-quarter results before markets open Thursday, and analysts are bullish on the maker of airplane engines and other parts.This will be the company's third full quarter since conglomerate General Electric split into three companies.GE Aerospace's stock fell following its last report. GE Aerospace (GE) is slated to report fourth-quarter results Thursday morning, and analysts are bullish on the maker of airplane engines and other parts. All nine analysts tracked ...

Investment Banking Performance - The largest US banks reported significant revenue and profit gains in Q4, driven by a resurgence in Wall Street dealmaking [2] - Investment banking revenue surged, with the largest banks reporting increases of 25% or more compared to the same quarter a year ago [2] - JPMorgan Chase and Bank of America led with investment banking revenue gains of 49% and 44% respectively [2] Market Reaction - Investors responded positively, with the SPDR S&P Bank ETF gaining over 8% last week [3] - Shares of major banks like JPMorgan, Wells Fargo, and Citigroup surged, recovering most of the decline since early December [3] Deals Driving Growth - Increased activity in securities underwriting and mergers and acquisitions fueled investment banking growth in Q4 [4] - US corporations issued $67.8 billion in bonds in December, nearly double the $35.7 billion issued in the same month a year earlier [6] - Global M&A deals totaled $3.4 trillion in 2024, up 15% from 2023 [6] Private Equity and Venture Capital - Private equity and venture capital firms hold approximately $3 trillion in uncommitted capital, which could further fuel an M&A rebound in 2025 [7] Net Interest Income and Investment Banking - Banks had enjoyed net interest income expansion due to the Fed's rate hikes over the past two years, but gains halted once the Fed started cutting rates [8][10] - Investment banking helped offset the decline in net interest income, contributing to overall revenue growth [8][10] JPMorgan's Performance - JPMorgan's net interest income fell marginally from Q3 and dropped 3% from Q4 2023 [9] - Overall revenue rose 10%, driven by a surge in investment banking and a 21% increase in asset management fees [9] - Quarterly profit increased 50% year over year, supported by revenue gains and a 7% decline in non-interest expenses [9] Industry Trends - Other large banks also saw similar trends, with investment banking business being the common driver of growth [11]

Core Insights - More than 18,000 Costco employees represented by the International Brotherhood of Teamsters union have voted to authorize a nationwide strike if a new labor agreement is not reached by the end of the month [2][5] - The union's vote passed with an overwhelming 85 percent margin, citing Costco's failure to negotiate constructively and provide a fair contract offer despite record-breaking profits [3][4] - Costco reported a profit of $7.4 billion for its fiscal year 2024, a 17% increase year-over-year, with revenues exceeding $254 billion [3][5] - Costco shares have surged over 35% in the past year, closing at $943.19, with potential catalysts for further growth including a possible stock split [5]