Post-Bell | Dow Hits Record; Tesla, Amazon Rally 3%; Chevron Jumps 5%; ASML Climbs 6%; Coinbase up 8%; SLB Soars 9%

Tiger Newspress01-06 07:55

01 Stock Market

Wall Street ended higher on Monday, with surging financial shares helping lift the Dow Jones Industrial Average to an all-time peak, while energy firms jumped after a U.S. military strike captured Venezuelan President Nicolas Maduro.

The Dow Jones Industrial Average rose 1.23% to 48,977.18; the S&P 500 gained 0.64% to 6,902.05; and the Nasdaq Composite added 0.69% to 23,395.82. Gains were broad-based across mega caps and cyclicals, with several high-beta names delivering outsized moves into the close.

Unusual-move stocks: Strength in select growth and crypto-linked names contrasted with weakness in parts of megacap tech. Tesla (TSLA) rose 3.10% at $451.67; Coinbase (COIN) jumped 7.77% at $254.92; Amazon (AMZN) climbed 2.90% at $233.06; Meta (META) gained 1.29% at $658.79; Alphabet (GOOG) added 0.63% at $317.32. On the downside, Apple (AAPL) fell 1.38% at $267.26; Advanced Micro Devices (AMD) declined 1.07% at $221.08; Nvidia (NVDA) dipped 0.39% at $188.12; Micron (MU) decreased 1.04% at $312.15; Broadcom (AVGO) slipped 1.21% at $343.42; Oracle (ORCL) fell 1.59% at $192.59; ASML up 6%.

Momentum pockets were pronounced in nuclear, space, and AI-adjacent names. Oklo (OKLO) surged 14.83% at $89.34; Ondas (ONDS) jumped 13.70% at $12.53; Rocket Lab (RKLB) gained 2.83% at $78.14. Crypto and metals proxies firmed: MicroStrategy (MSTR) rose 4.81% at $164.72; iShares Silver Trust (SLV) advanced 5.06% at $69.08. Among semis and platforms: Microsoft (MSFT) edged down 0.02% at $472.85; Intel (INTC) was nearly flat, down 0.03% at $39.37; NIO (NIO) fell 5.45% at $4.86; Palantir (PLTR) climbed 3.68% at $174.04; Taiwan Semiconductor (TSM) rose 0.83% at $322.25; SLB up 9%; Halliburton up 8%; Chevron up 5%.

02 Other Markets

The U.S. 10-year Treasury yield rose by 0.24%, latest at 4.17.

USD/CNH rose 0.00%, at 6.99; USD/HKD fell 0.0051%, at 7.79.

U.S. Dollar Index rose 0.0102%, at 98.36.

WTI crude futures fell 0.24%, at 58.18 USD/bbl; COMEX gold futures rose 0.09%, at 4,455.30 USD/oz.

03 Top News

Nvidia CEO Huang Says Next Generation of Chips Is in Full Production

NVIDIA CEO Jensen Huang said on Monday that the company’s next generation of chips is in “full production,” saying they can deliver five times the artificial-intelligence computing of the company’s previous chips when serving up chatbots and other AI apps.

In a speech at the Consumer Electronics Show in Las Vegas, the leader of the world's most valuable company revealed new details about its chips, which will arrive later this year and which Nvidia executives told Reuters are already in the company's labs being tested by AI firms, as Nvidia faces increasing competition from rivals as well as its own customers.

Novo Launches Wegovy Weight-Loss Pill for Sale in US

Danish drugmaker Novo-Nordisk A/S is launching its once-daily Wegovy pill in the United States on Monday, offering doses of 1.5 milligrams and 4 mg at $149 per month for self-paying patients in an intensely competitive weight-loss drug market.

The pill was approved by the U.S. Food and Drug Administration last month, a boon to Novo Nordisk as it looks to regain ground lost to U.S. rival Eli Lilly. Lilly has previously said it expects a decision in March for its own weight-loss pill.

Intel Launches Next-Gen PC Chip at CES in Las Vegas

Intel launched Panther Lake, its new AI chip for laptops, on Monday at the CES trade show in Las Vegas, as the company seeks to reassure investors about the first product made using its next-generation manufacturing process called 18A.

Jim Johnson, senior vice president and general manager of Intel's PC group, offered technical details about the company's first line of Panther Lake chips known as Intel Core Ultra Series 3. The chips feature a new transistor design and a way to deliver power to the chip due to the company's 18A manufacturing process.

Sources: Reuters, Dow Jones, Tiger Newspress, public market data

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