Futures pointed to a relatively steady open after an AI-driven rally pushed the Nasdaq to its first record close since June and brought the S&P 500 within 1% of its record. Oil extended its decline to five sessions on hopes that the Strait of Hormuz will fully reopen, helping bonds rally and yields fall. Jefferies raised Meta Platforms’ price target to $875 from $710, citing the popularity of Muse, while JPMorgan said the company’s personal AI agent could become the biggest consumer AI application since ChatGPT. CPU stocks Advanced Micro Devices, Arm Holdings and Intel were set to consolidate gains; AMD joined the $1 trillion club after a near-10% Monday rally, while Intel was up about 25% from its secondary offering price after gaining 12% Monday. Oppenheimer lifted Microsoft’s price target to $570 from $515, citing Azure and M365 Copilot acceleration alongside capital discipline. On Holding targeted high-teens revenue growth through 2029 while expanding into golf and soccer. Roche reported that an experimental obesity injection reduced body weight by 15.5% at 48 weeks in a phase 2 trial, though commercialization remains years away. Citi placed KeyCorp on its 30-day positive catalyst watch list and upgraded Fifth Third to buy from neutral ahead of next month’s earnings. AutoZone reported fourth-quarter comparable sales growth of 2.7%, below the 3.8% estimate, while earnings per share beat and revenue missed; the stock nevertheless rallied. Jefferies downgraded Valero and Marathon Petroleum to hold from buy after both stocks tripled over 24 months. The newsletter also included CNBC Investing Club subscription terms, trade-alert timing rules and disclaimers stating that no fiduciary obligation or specific profit outcome is created or guaranteed.