Stock market today: Nasdaq futures lead Dow, S&P 500 higher as TSMC's strong outlook buoys AI hopes

BlackRock (BLK) banal edged higher by astir 2% connected Thursday during premarket trading, aft the plus manager pulled successful $342 cardinal of full lawsuit currency successful Q4. This has present pushed the institution to a grounds $14 trillion of assets.

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Bloomberg reports:

The consciousness of calm that has pervaded the US banal marketplace for months is masking unprecedented bursts of volatility successful idiosyncratic shares, accidental Barclays Plc strategists.

Last twelvemonth was a lawsuit successful point, erstwhile immoderate of the biggest components successful the S&P 500 (^GSPC) Index saw abnormal swings arsenic the gauge registered an AI-led, 16% rally. Between the 100 largest scale members, determination were 47 instances of crisp selloffs — specifically, a driblet of 5 modular deviations oregon more, a determination truthful uncommon it’s often considered an anomaly, according to Barclays. That’s the astir successful the bank’s information going backmost to 1998.

More of the aforesaid is astir apt up this year, Barclays says, successful a telephone that underscores successful portion however babelike the benchmark gauge has go connected the trajectory of shares related to the artificial-intelligence theme. But according to Barclays, it besides shows however AI itself has sped up however traders process market-moving events.

“Single stocks person go wherever the halfway of gravity of volatility is,” Stefano Pascale, caput of US equity derivatives probe astatine Barclays, said successful a telephone interview. That situation has created a “lottery-ticket mentality” among retail traders, helium said.

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Applied Materials' (AMAT) banal roseate 8% earlier the doorbell connected Thursday aft receiving an OutPerform standing and $385 terms people from analysts astatine RBC Capital.

Spotify (SPOT) stock edged higher by 2% connected Thursday during premarket hours aft announcing it would ‌raise the terms of ‌its monthly premium subscription work by $1 to $12.99 for existing ⁠subscribers ‌in the United States, Estonia ‍and Latvia markets.

Entegris Inc. (ENTG) banal roseate 7% earlier the doorbell contiguous aft announcing connected Wednesday that its committee of directors had authorized a quarterly currency dividend of $0.10 per stock to beryllium paid connected February 18, 2026 to shareholders.

ASML (ASML, ASML.AS) shares soared implicit 7% to a grounds precocious successful Amsterdam, sending its marketplace worth beyond $500 billion, aft its cardinal lawsuit TSMC gave a stronger-than-anticipated outlook for 2026.

Meanwhile, the Dutch semiconductor instrumentality maker's US-listed banal besides popped aft the Taiwanese declaration chipmaking giant's beardown Q4 earnings, up implicit 4% successful premarket.

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Shares of TSMC (TSM, 2330.TW) roseate aboriginal Thursday aft the world's biggest declaration chipmaker posted a forecast-smashing 35% leap successful 4th fourth nett acknowledgment to the AI boom.

The institution besides predicted robust maturation successful 2026 and said it plans to summation investment, hinting that much US factories are successful the works.

Riding precocious connected what it calls the "AI mega trend", TSMC said its customers were "providing beardown signals" ‌and reaching retired straight to petition capacity, per Reuters.

AP reported:

Taiwan Semiconductor Manufacturing Corp., a large supplier to companies including Nvidia and Apple, reported a nett net of 506 cardinal caller Taiwan dollars ($16 billion) for the October-December quarter, a 35% surge from a twelvemonth earlier, amended than analysts’ estimates.

TSMC said Thursday that its gross successful the past 4th accrued 21% from a twelvemonth earlier to much than 1.046 trillion caller Taiwan dollars ($33 billion).

TSMC said it plans to boost its superior expenditure fund to $52 billion-$56 cardinal for 2026, up from astir $40 cardinal past year. The company’s shares person climbed much than 8% since the opening of the year, reflecting its beardown presumption successful the AI-driven market.

... “We expect our concern to beryllium supported by continuous beardown request for our starring borderline process technologies,” Wendell Huang, TSMC's main fiscal officer, said successful a league call. He said spending would beryllium “significantly higher” successful the adjacent 3 years.

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Oil fell for the archetypal clip successful six days aft US President Donald Trump signaled helium whitethorn clasp disconnected connected attacking Iran for now.

Brent (BZ=F) dropped arsenic overmuch arsenic 2.9% to commercialized beneath $65 a tube aft gaining astir 11% implicit the past week portion West Texas Intermediate (CL=F) was adjacent $60. Trump said he’d been assured that Iran would halt sidesplitting protesters, reducing the likelihood of an contiguous US subject effect to the demonstrations against the authorities of Supreme Leader Ayatollah Ali Khamenei and of disruptions to Iranian accumulation and cardinal shipping lanes.

Elsewhere, US authorities information showed nationwide crude stockpiles roseate 3.4 cardinal barrels past week — the largest physique since aboriginal November. The rising inventories, much Venezuelan lipid heading to the US, positive a disruption astatine a cardinal terminal successful the Black Sea has pushed WTI to adjacent the deepest discount successful 15 months comparative to Brent.

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