Core Insights - Taiwan Semiconductor Manufacturing Company Limited (TSM) reported fourth-quarter 2025 earnings per share (EPS) of $3.14, reflecting a 40.2% year-over-year increase and surpassing Zacks Consensus Estimates by 11.4% [1] - TSM's net revenues for the fourth quarter reached $33.73 billion, a 25.5% increase year-over-year, also exceeding Zacks Consensus Estimates by 1.4% [1] Financial Performance - Revenue distribution by platform in Q4 2025: high-performance computing (55%), smartphone (32%), Internet of Things (5%), automotive (5%), digital consumer electronics (1%), and other segments (2%) [2] - Wafer revenues by technology: 5nm technology contributed 35%, 3nm contributed 28%, and 7nm contributed 14% to total wafer revenues [3][4] - Geographical revenue contributions: North America (74%), China (9%), Asia Pacific (9%), Japan (4%), and EMEA (4%) [5] - Gross margin was 62.3%, an increase of 330 basis points year-over-year; operating margin was 54%, expanding 500 basis points; net profit margin was 48.3%, up 520 basis points [5] Balance Sheet & Cash Flow - As of December 31, 2025, cash and cash equivalents were $97.59 billion, up from $90.11 billion as of September 30, 2025; inventories were $9.16 billion, down from $9.46 billion; accounts receivable decreased to $8.96 billion from $10.08 billion [6] - Long-term debt decreased to $32.25 billion from $34.15 billion in the previous quarter; free cash flow was NT$368.60 billion [7] Guidance - For Q1 2026, TSM expects revenues between $34.6 billion and $35.8 billion, with a Zacks Consensus Estimate of $32.52 billion; gross profit margin is anticipated to be between 63% and 65%, and operating profit margin between 54% and 56% [8]

Group 1 - Verizon Communications Inc. is recognized as one of the best telecom stocks to invest in, with Raymond James reaffirming its Outperform rating and setting a price target of $47, highlighting the company's strong dividend yield and potential for subscriber growth [1] - The company is analyzing legacy expenditures that are overdue for reduction, with plans to significantly cut or cancel ineffective initiatives such as Mobile Edge Compute, Internet of Things emphasis, and Private Networks, expecting benefits from these changes to appear between late 2026 and early 2027 [2] - Verizon has established a new 100G specialized optical ring for Monumental Sports & Entertainment, enhancing the network infrastructure of the Monumental Sports Network, and has successfully completed the sale of €2.25 billion and £1 billion in subordinated notes due in 2056, involving major financial institutions like BNP Paribas and Goldman Sachs [3]

Core Viewpoint - BlackBerry's stock experienced a decline of over 5% following a neutral analyst note from Daniel Chan of TD Cowen, who set a price target of $5 per share, indicating the stock is fairly valued after a significant increase of 61% since last December [1][2][3]. Group 1: Analyst Insights - Daniel Chan resumed coverage of BlackBerry with a neutral recommendation, setting a price target of $5 per share [2]. - Chan acknowledged BlackBerry's efforts to pivot from its past as a smartphone manufacturer, suggesting potential for business growth and improved profit margins [3]. - The analyst expressed concern over the stock's recent price increase, deeming it fairly valued after a substantial rise [3]. Group 2: Company Performance - BlackBerry is currently focusing on assisted driving solutions, Internet of Things, and cybersecurity, while also generating revenue from technology licensing [4]. - The company's performance has been mixed, with recent revenue declines and inconsistent net profits [4].