Fri, Jan 2, 2026

Wall Street opened 2026 reaching for chips. The S&P 500 rose 0.4%, the Nasdaq 1%, Nvidia and Alphabet both up more than 2%.

Tesla surrendered its EV crown to BYD after a 15.6% sales drop in Q4, marking its second year of decline. The market looked at the data, punished the carmaker, and pivoted to the hardware with pricing power.

While Austin stumbled, the rest of the world b ...