Stocks bounced back Thursday led by tech and financials. TSMC reported strong Q4 numbers with a 35% profit jump, reassuring investors that AI spending isn't slowing down. This pushed Nvidia up 3% and triggered a rally in chip equipment stocks like ASML and Lam Research. Bank earnings were also solid. Goldman Sachs and Morgan Stanley both beat expectations thanks to a rebound in dealmaking. BlackRock assets hit a record $14 trillion. Oil prices dropped about 4% with WTI falling under $60. Trump mentioned that the situation in Iran is de-escalating, which removed some geopolitical risk from the market. In other news, Boston Scientific is buying Penumbra for $14.5 billion, and State Street is preparing to launch crypto and tokenized products.