TSMC Signals More AI Spending, Tesla Makes Changes to FSD

Market update for January 15, 2026

In today’s episode:

Investors drop tech and rotate to small caps
TSMC delivers blowout quarter and signals even more AI-driven spending in 2026
Goldman Sachs and Morgan Stanley post strong earnings as trading and deal activity surge
Oil prices slide as geopolitical tensions around Iran ease, pulling energy stocks lower
Tesla moves Full Self-Driving to a subscription-only model as it leans harder into software revenue

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