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Market News
Market history
Nvidia’s $589 bln DeepSeek rout is largest in market history, Trump says DeepSeek ‘should be a wake-up call’, Tom Lee: “this is the worst market overreaction since the pandemic”, consumer sentiment declines for first time in six months, and Senate confirms pro-crypto Scott Bessent as US Treasury Secretary...
Silicon Valley is freaking out
“Silicon Valley is freaking out” over this (so are their investors), Trump to hold off on Colombia tariffs after reaching deal, Trump seizes wartime powers in battle for fossil fuels, a TikTok purchase decision will be made within 30 days, and Musk exploring blockchain use in government efficiency effort...
US plans crypto stockpile
Trump to ‘demand’ interest rates drop immediately, Trump signs EO paving the way for crypto stockpile, Benioff predicts today’s CEOs will be the last with all-human workforces, UnitedHealthcare has a new CEO, and OpenAI unveils 'operator' agent to handle web tasks...
'External' Revenue Service?
Inflation data feeding fears of higher rates, US deficit for first three months of fiscal 2025 is 40% higher than it was last year, Cleveland-Cliffs eyeing all-cash bid for U.S. Steel, SEC sues Elon Musk, and Trump says he’ll create ‘External Revenue Service’ ...
Dead wrong
LA wildfire costs for insurers double to $20 billion overnight, BlackRock leaves major climate group, healthy December jobs report expected today, Google donates $1 million to Trump's inauguration fund, and D-Wave CEO says Jensen Huang is ‘dead wrong’ about quantum computers...