Major Averages Rise Amid Trump Comments

The major averages were broadly higher near noon once again amid easing geopolitical fears. The optimism follows comments from President Donald Trump signaling a retreat from his prior tariff threats and outlining a framework agreement involving Greenland with NATO partners. A new spate of corporate earnings reports is influencing the major indexes, with major industrial and consumer product companies sharing their quarterly results.Looking to commodities, gold prices were trading higher and inching towards the $4,900 mark, while oil prices plunged following gas and crude data from API and EIA.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:GE Aerospacereportedand revenue and provided its outlook for FY26Procter & Gamblereportedand reiterated its FY26 guidanceAbbottreportedand provided its outlook for Q1 and FY26Freeport-McMoRanreportedMcCormickreportedand provided a conservative outlook for FY262. WALL STREET CALLS:Alphabetto Strong Buy from Outperform at Raymond JamesStifelDatadogto Buy with checks pointing to large Q4 beatRigetti Computingto Buy from Neutral at B. RileyCrocsto Sector Weight from Overweight at KeyBancPalantirwith a Buy at Phillip Securities3. AROUND THE WEB:Alibabais laying the groundwork for a potential listing of its chipmaking division, seeking to capitalize on strong investor interest in the limited group of companies aiming to challenge Nvidiain the market for AI accelerators, Bloomberg saysUnder Armouris investigating a data breach after millions of customer records were posted to a hacker forum, allegedly linked to a November attack claimed by the Everest ransomware gang, TechCrunch reportsJPMorganhas agreed to acquire British wealth management software business WealthOS, Sky saysAppLovinpushed back against a short-seller report that alleged the company has ties to a multibillion-dollar money-laundering network, Investing.com reportsAI startup SambaNova Systems is now seeking to raise $300M to $500M from other tech companies and semiconductor makers after talks to sell to Intelstalled, Bloomberg says4. MOVERS:USA Rare Earthhigher after selectingas its Engineering, Procurement and Construction ManagementTerrestrial Energyincreases afterfor Project TEFLACorcept Therapeuticsgains after reporting its ROSELLA trialOld Republicfalls afterPoet Technologieslower in New York after announcing a5. EARNINGS/GUIDANCETexas Capital, with EPS and revenue beating consensusACM Researchfor FY25 and provided its outlook for FY26Life Time Groupfor FY25 and provided its outlook for FY26Mobileye, with EPS in-line with consensusNorwood Financial, with CEO Jim Donnelly commenting, ""We finished the year on a positive note in the fourth quarter, as we continued to maintain solid growth"INDEXES:Near midday, the Dow was up 0.82%, or 401.10, to 49,478.33, the Nasdaq was up 0.98%, or 226.57, to 23,451.40, and the S&P 500 was up 0.66%, or 45.45, to 6,921.07.