Dow Hits Fresh Record as Strong Start to 2026 Continues; Ventyx Biosciences Rockets 51%; Mobileye Surges 16%; UMC Jumps 9%-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Dow Hits Fresh Record as Strong Start to 2026 Continues; Ventyx Biosciences Rockets 51%; Mobileye Surges 16%; UMC Jumps 9%

Tiger Newspress01-07

The Dow Jones Industrial Average advanced to a fresh record high on Wednesday, building on its strong start to 2026.

Crude oil prices dropped on the heels of President Donald Trump saying that interim authorities in Venezuela will be turning over as much as 50 million barrels of oil to the U.S., spurring concerns over increasing oil supply.

Ventyx Biosciences surged 51%. Eli Lillyis in advanced talks to acquire the developer of pills to treat inflammatory diseases for more than $1 billion,The Wall Street Journalreported, citing people familiar with the matter. Lilly shares were flat.

Mobileye Global jumped 16% after the autonomous driving company reached an agreement to acquire artificial-intelligence robotics start-up Mentee Robotics for $900 million in cash and stock.

United Microelectronics Corporation $(UMC)$ reported its unaudited net sales for December 2025. The company recorded revenues of NT$19,280,724 thousand for December 2025, representing a 1.66% year-over-year increase compared to NT$18,965,818 thousand in December 2024. Shares of UMC jumped 9% on Wednesday.

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