Key Takeaways:

✔ S&P 500 hits record close at 6,129.32 📈
✔ Intel (NASDAQ: INTC) surges 16% on Broadcom & TSMC interest 💾
✔ Nike (NYSE: NKE) teams up with Kim Kardashian for new collaboration 👟
✔ Delta Air Lines (NYSE: DAL) plane accident in Toronto injures 18 ✈

1. Market Recap: S&P 500 at New Highs

The S&P 500 rose 0.2% to a record close of 6,129.32, extending its bull run as investors bought the dip following the Presidents Day holiday.

• Nasdaq Composite: +0.1% 📊
• Dow Jones Industrial Average: +10 points (+0.02%) 💹

💡 Why It Matters:
The market's resilience suggests strong investor sentiment, despite recent macro concerns like inflation and interest rates.

📊 Track Market Trends with FMP:
🔗 Sector P/E Ratio API - Analyze valuation shifts amid market highs.

2. Intel Surges on Broadcom & TSMC Deal Talks

🔺 Intel (NASDAQ: INTC) shares soared 16% following reports from the Wall Street Journal that Broadcom (NASDAQ: AVGO) and Taiwan Semiconductor Manufacturing Co. (TW: 2330) are exploring deals to split the company in two.

• Broadcom interested in Intel's chip design & marketing.
• TSMC considering a controlling stake in Intel's chip factories.

💬 Wedbush Commentary:

“TSMC's involvement in Intel's fabs would be the clearest way to resolve Intel's disadvantage on this front.”

📌 Intel's stock has surged 18% YTD, closing its best week in 25 years.

📊 Monitor Semiconductor Industry Trends with FMP:
🔗 Industry P/E Ratio API - See how chip industry valuations are shifting.

3. Nike x Kim Kardashian Collab

👟 Nike (NYSE: NKE) teams up with Kim Kardashian for a new sneaker and apparel line, aimed at boosting brand appeal among younger consumers.

💡 Why It Matters:
Nike faces increasing competition from Adidas and On Running. This partnership could boost sales and market share, similar to Adidas' past success with Yeezy.

📊 Track Nike's Financials with FMP:
🔗 Full Financials API - Get deep insights into Nike's performance.

4. Delta Air Lines Plane Incident in Toronto

🛬 A Delta (NYSE: DAL) regional jet flipped upside down upon landing at Toronto Pearson Airport, injuring 18 out of 80 passengers.

📌 The cause is under investigation, but initial reports suggest strong crosswinds and icy conditions may have contributed.

💡 Investor Impact:
The incident is unlikely to affect Delta's stock significantly, but regulatory scrutiny and passenger safety concerns may arise.

📊 Analyze Airline Industry Trends with FMP:
🔗 Key Metrics (TTM) API - See how airlines are performing post-pandemic.

Final Thoughts: What's Next for Investors?

🚀 Bullish Market Sentiment: The S&P 500's rally suggests investors are confident, but macro risks like tariffs and inflation remain.

🔍 Intel's Future: If Broadcom and TSMC finalize a deal, Intel's stock could see further upside.

📢 Watch Out For:

• Fed policy updates and interest rate decisions.
• Corporate earnings reports from key S&P 500 companies.
• Further developments in Intel's potential split.