Cisco Restructures for AI Growth After Record Q3 Revenue 
SoftBank Shares Slide Despite Record Q4 Profit Fueled by OpenAI Investment 
CXMT Forecasts Record Revenue Growth as Global DRAM Prices Surge 
Anthropic Eyes $300M Stainless Acquisition Amid Enterprise AI Expansion 
Samsung Strike Talks Resume as South Korea Weighs Emergency Action 
Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates 
OpenAI Wins Elon Musk Lawsuit as Jury Rejects Claims Over AI Mission 
Elliott Targets Bio-Rad as Shares Continue to Struggle 
Berkshire Hathaway Reveals New Stakes in Delta Air Lines and Macy’s Under Greg Abel 
TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower 
Tencent Shares Jump 4% as AI Models Move Toward Paid Commercial Services 
Samsung Faces Major Strike Threat as Union Restarts Pay Talks 
Samsung Union Talks Enter Final Stage as Strike Threat Looms 
Stellantis CEO Antonio Filosa to Reveal Turnaround Strategy Focused on U.S. Sales and China Partnerships 
US-China Trade Talks Sideline Chip Export Controls as Nvidia China Sales Draw Attention 
Alphabet Raises Record $3.6 Billion in Yen Bonds to Support AI Expansion 
TrumpRx Expands Discount Drug Access With 600 Generic Medications 
NVIDIA (NVDA) stock climbed 1.6% after the company announced a multiyear, multigenerational strategic partnership with Meta Platforms (META), which also gained 2%. The expanded agreement focuses on strengthening AI infrastructure across on-premises systems, cloud platforms, and advanced data center solutions. Investors reacted positively to the collaboration, viewing it as a significant step in accelerating artificial intelligence innovation and reinforcing NVIDIA’s leadership in AI chips and high-performance computing. The partnership is expected to enhance Meta’s AI capabilities while driving long-term revenue opportunities for NVIDIA in the fast-growing AI infrastructure market.
In contrast, AMD (AMD) shares declined 4%, while Arista Networks (ANET) dropped 5%, reflecting broader volatility in the semiconductor and networking sectors. Palo Alto Networks (PANW) also fell 5%, despite reporting quarterly earnings that exceeded Wall Street expectations. The cybersecurity leader posted better-than-expected results, but softer forward guidance tempered investor enthusiasm, leading to selling pressure following the announcement.
Meanwhile, Caesars Entertainment (CZR) rose 3% after reporting in-line quarterly revenue. The casino and hospitality operator generated GAAP net revenues of $11.5 billion, up from $11.2 billion in the same period last year. The steady year-over-year growth reassured investors amid ongoing economic uncertainty and shifting consumer spending trends in the gaming and leisure industry.
Cadence Design Systems (CDNS) emerged as one of the session’s top performers, gaining 4% after delivering strong fourth-quarter earnings and upbeat guidance. The company reported Q4 earnings per share of $1.99, surpassing the consensus estimate of $1.91. Revenue reached $1.44 billion, slightly ahead of the projected $1.42 billion. Solid demand for electronic design automation software and semiconductor design tools contributed to the positive results.
The New York Times Co. (NYT) advanced 3% after Berkshire Hathaway disclosed a new stake in the media company, signaling renewed institutional confidence and boosting investor sentiment around the stock.
