📈 Stocks / Finance

Chip Earnings Lift Stocks as AI Trade Returns

Sherwood

Stocks climbed after strong earnings from TSMC reignited interest in AI-related shares. The S&P 500 and Nasdaq rose, small caps extended a long winning streak, banks jumped on solid results, while energy stocks fell as oil prices dropped.

Intel Jumps After Bullish Upgrade and AI Momentum

Barchart

Intel shares jumped over 7% after a major analyst upgrade and a new $60 price target. Optimism is driven by strong demand for data center chips, progress in manufacturing, and reports of a possible Apple partnership, though many analysts still rate the stock a hold.

Reddit Shares Slide on Ad Growth Worries

Yahoo Finance

Reddit stock fell about 9% after an analyst flagged weak ad demand from small businesses, raising concerns about revenue growth. Pressure also grew as Digg relaunched as a new competitor, adding uncertainty despite recent optimistic coverage from Wall Street.

🪙 Crypto

Crypto Bill Vote Delayed After Coinbase Pushback

CNBC

A key crypto bill was pulled at the last minute after Coinbase raised concerns. CEO Brian Armstrong says talks are ongoing and a new vote could happen in the coming weeks, though lawmakers say major issues still need compromise.

🌎 Global Economy

Wells Fargo Boosts 2026 Global Growth Outlook

Investing

Wells Fargo raised its 2026 global growth forecast to 3.0%, citing resilient economies and easing trade uncertainty. Stronger outlooks for the U.S., China, and India help, though China may still slow overall growth next year.

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