TSMC Gets U.S. Approval to Keep China Factory Running
Taiwan's TSMC receives annual U.S. license to import chip equipment to China facility, ensuring continued operations at Nanjing plant making older-generation semiconductors.
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Tesla Sales Drop 8.6% as BYD Takes Global EV Lead
Tesla's 2025 vehicle deliveries fell to 1.64M units, losing ground to BYD's 2.26M EVs. Fourth-quarter sales dropped 16% amid tax credit loss and rising competition.
Rivian's 2025 EV Deliveries Drop 18% Amid Slowing Demand for Premium Electric Vehicles
Rivian delivered 42,247 EVs in 2025, down 18% year-over-year, missing analyst expectations as the company prepares to launch its affordable R2 SUV in 2026.
Sable Offshore Nears Oil Restart After Court Decision
Sable Offshore (SOC) shares jump 18% after a federal court allows progress toward restarting its Santa Ynez oil operations, despite ongoing legal challenges.
Trump Delays Furniture Tariff Hikes: Relief for Wayfair and Home Retailers
Trump administration delays furniture tariff increases until 2027. Wayfair, Williams-Sonoma, and RH shares rise as upholstered furniture stays at 25% instead of 30%, cabinets at 25% vs. 50%.
UBS Says Under Armour Is Undervalued and Set for a Comeback
UBS believes Under Armour is undervalued, sees strong brand power, and expects 25% annual earnings growth over the next five years.