Episode Details

A cracking result and profit beat from AI bellwether stock TSMC overnight sent a buzz of confidence back through the US market, especially around the AI trade. Both the Nasdaq and SP500 were up, 0.18% and 0.26% respectively. The Dow climbed 293 points and the VIX fell back.  TSMC released its fourth quarter results, which handily beat expectations. Q4 profit was up 35% to a record high. TSMC is the main global producer of advanced AI chips. They expect 2026 revenue to rise nearly 30%. Its market cap is now around $1.4 trillion. It also plans to invest in the US. Capital spending in 2026 could be as high as $56 billion and increase again in 2028 and 2029.

SPI Futures down 13 points. ASX set to open modestly lower.  Oil drops. Gold steady. Silver recovers.

Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.

If you’re looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.
 
 Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.