DB upgrades Albemarle, SQM and Lithium Argentina on tighter market

Investing.com – Poland stocks were lower after the close on Tuesday, as losses in the Banking, Oil & Gas and Energy sectors led shares lower.

At the close in Warsaw, the WIG30 fell 0.17%.

The best performers of the session on the WIG30 were CD PROJEKT SA (WA:CDR), which rose 5.19% or 12.50 points to trade at 253.50 at the close. Meanwhile, Jastrzebska Spotka Weglowa SA (WA:JSW) added 3.92% or 1.00 points to end at 26.50 and Cyfrowy Polsat SA (WA:CPS) was up 3.18% or 0.42 points to 13.64 in late trade.

The worst performers of the session were Zabka Group SA (WA:ZAB), which fell 4.00% or 0.93 points to trade at 22.31 at the close. Pepco Group Nv (WA:PCOP) declined 3.41% or 1.05 points to end at 29.77 and Powszechna Kasa Oszczednosci Bank Polski SA (WA:PKO) was down 1.96% or 1.74 points to 87.00.

Falling stocks outnumbered advancing ones on the Warsaw Stock Exchange by 306 to 251 and 97 ended unchanged.

Crude oil for February delivery was up 3.29% or 1.95 to $61.27 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.80% or 1.79 to hit $65.66 a barrel, while the February Gold Futures contract fell 0.03% or 1.26 to trade at $4,613.44 a troy ounce.

EUR/PLN was unchanged 0.07% to 4.21, while USD/PLN rose 0.27% to 3.62.

The US Dollar Index Futures was up 0.31% at 98.93.

Investing.com -- Boeing (NYSE:BA) stock rose 2.25% Tuesday after the aircraft manufacturer reported a 72% jump in deliveries for 2025, reaching 600 aircraft, its highest level since 2018.

The U.S. planemaker also outpaced European rival Airbus (EPA:AIR) in net orders for the first time in seven years, booking 1,075 net new orders after cancellations compared to Airbus’s 889. This marked Boeing’s sixth-highest annual total for adjusted net orders.

December proved particularly strong for Boeing, with 63 aircraft deliveries—the most in a monthly period since 2023. The December total included 44 of its best-selling 737 MAX jets and 14 787 Dreamliners.

For the full year 2025, Boeing delivered 440 737 MAX aircraft and 88 787 Dreamliners, the highest number of Dreamliner deliveries since 2019. Demand for the 787 has surged, with Boeing securing 368 Dreamliner orders after cancellations last year, nearly matching its record of 369 orders in 2007.

The company’s order momentum continued with Alaska Airlines finalizing orders for five 787s and 105 737-10s in December. Additionally, Delta Air Lines (NYSE:DAL) announced Tuesday it would purchase 30 Boeing 787-10 aircraft to strengthen its long-haul fleet.

Boeing has been working to rebuild its reputation under CEO Kelly Ortberg following challenges including two plane crashes, the COVID-19 pandemic, factory strikes, and a mid-air panel blowout that disrupted production and increased debt. The company expects to achieve positive cash flow in 2026, supported by higher commercial jet deliveries.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Cheniere Energy (NYSE:LNG) will process 10 billion cubic feet per day (bcf/d) of natural gas by the end of 2026, CEO Jack Fusco said on Tuesday at an American Petroleum Institute (API) event in Washington.

Fusco expressed optimism about the United States’ potential to expand its role as an exporter in the liquefied natural gas market.

The announcement comes as the energy sector faces potential challenges, with Marathon Oil’s CEO separately noting that oil prices dropping below $50 per barrel would be a "concern" for U.S. producers.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Investing.com -- Bank of America raised its price target on Micron to $400 from $300 per share in a note this week, citing stronger DRAM pricing and a favourable supply backdrop. 

Analyst Vivek Arya maintained a Buy rating and said BofA is responding to “continued increase in DRAM spot price and still disciplined Samsung capex spend in CY26.”

According to BofA, the memory market is benefiting from a combination of rising demand and constrained near-term expansion. 

The bank noted that while SK Hynix and Micron “have planned for substantial capex hikes this year,” the industry’s physical footprint remains a bottleneck. “

"Industry clean room space remains limited, with material equipment installation and volume production still likely 2-3 years away,” Arya wrote.

BofA stated that these constraints support a prolonged upcycle for memory, particularly as high-bandwidth memory (HBM) and data-center demand continue to build. 

The bank’s new $400 price target is based on “3.0x CY27E P/B, or at the high-end of historical 0.8x-3.1x range given the ongoing memory upcycle,” which BofA believes is reinforced by “earnings expansion (upcycle + HBM/DC ramp).”

Investing.com -- U.S. stocks traded in a mixed fashion Tuesday as investors digested fresh consumer inflation data as well as quarterly earnings from the banking sector.

At 09:35 ET (14:35 GMT), the Dow Jones Industrial Average fell 75 points, or 0.2%, the S&P 500 index traded 5 points, or 0.1%, and the NASDAQ Composite climbed 25 points, or 0.1%. 

Underlying inflation cools slightly

With investors eyeing the developments around the Fed, the publication of the December U.S. consumer price index, a closely-monitored gauge of inflation has generated additional attention.

U.S headline inflation in December matched both the preceding month, with consumer prices rising by 2.7% annually and by 0.3% on a month-on-month basis. Both equaled November’s rates, and were in line with economists’ expectations.

Stripping out volatile items like food and fuel, the so-called "core" consumer price index from the Labor Department came in at an annualized 2.6% and 0.2% month-on-month. These were also the same as November’s reading, and were slightly cooler than estimates.

Inflation and labor market strength are the Fed’s two biggest considerations for setting interest rates. Nonfarm payrolls data released last week showed some resilience in the labor sector.

"The chances of a rate cut in January are still slim - March looks more likely," said Jarek Sklodowki, head of trading at Financial Markets Online. "America’s recovery is still on track, even if job creation is disappointingly modest, so the Fed won’t be in a hurry to cut rates - but disinflation means it has the freedom to do so.”

JPMorgan starts quarterly earnings season 

Beyond tech and inflation, focus this week is also on the fourth-quarter earnings season, which begins in earnest with a host of major banks set to report in the coming days. 

JPMorgan Chase (NYSE:JPM) reported fourth-quarter earnings which surpassed estimates, as strength at its trading and markets unit countered a decline in investment banking fees. 

However, the country’s largest bank posted a fall in profit of 7% after it factored in a previously-disclosed $2.2 billion credit reserve linked to its acquisition of the Apple (NASDAQ:AAPL) credit-card program from Goldman Sachs (NYSE:GS).

Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC) and Citigroup (NYSE:C) are set to report earnings on Wednesday. 

Coupled with the inflation data, the outcome of the bank earnings could contribute to the tone for stock markets in the early weeks of 2026.

Robust bank earnings could help paint an upbeat picture of the state of Corporate America, and possibly alleviate some worries among more jittery investors in the process.

Elsewhere, Delta Air Lines (NYSE:DAL) reported fourth-quarter adjusted earnings that slightly exceeded analyst expectations, but shares fell after the airline’s revenue missed estimates and investors reacted to mixed guidance for 2026.

Crude rises on Iranian protests

Oil prices rose, climbing for a fourth consecutive session as intensifying anti-government protests in Iran have stoked concerns of disruption of supply from this key OPEC producer.

Brent futures gained 1.6% to $64.89 a barrel and U.S. West Texas Intermediate crude futures rose 1.9% to $60.43 a barrel.

The Brent contract reached a seven-week high in the previous session, while the WTI benchmark rose to a one-month high.

Ambar Warrick contributed to this article

Investing.com – Norway stocks were higher after the close on Tuesday, as gains in the Healthcare Equipment & Services, Pharma Biotech & Life Sciences and Utilities sectors led shares higher.

At the close in Oslo, the Oslo OBX gained 0.81% to hit a new all time high.

The best performers of the session on the Oslo OBX were Hafnia Ltd (OL:HAFNI), which rose 5.52% or 3.14 points to trade at 59.98 at the close. Meanwhile, Frontline Ltd (OL:FRO) added 4.64% or 11.70 points to end at 264.10 and Cmb.Tech NV (OL:CMBT) was up 4.51% or 5.00 points to 115.80 in late trade.

The worst performers of the session were Tomra Systems ASA (OL:TOM), which fell 3.22% or 4.40 points to trade at 132.10 at the close. Kongsberg Gruppen ASA (OL:KOG) declined 1.72% or 5.25 points to end at 299.20 and Telenor ASA (OL:TEL) was down 0.84% or 1.20 points to 142.00.

Rising stocks outnumbered declining ones on the Oslo Stock Exchange by 139 to 110 and 33 ended unchanged.

Shares in Frontline Ltd (OL:FRO) rose to 52-week highs; up 4.64% or 11.70 to 264.10. Shares in Cmb.Tech NV (OL:CMBT) rose to 52-week highs; rising 4.51% or 5.00 to 115.80.

Crude oil for February delivery was up 3.35% or 1.99 to $61.31 a barrel. Elsewhere in commodities trading, Brent oil for delivery in March rose 2.99% or 1.91 to hit $65.78 a barrel, while the February Gold Futures contract rose 0.28% or 13.14 to trade at $4,627.84 a troy ounce.

EUR/NOK was up 0.06% to 11.74, while USD/NOK rose 0.19% to 10.08.

The US Dollar Index Futures was up 0.22% at 98.84.