Category Archives: Syndicated

S&P 500 futures rise after Tuesday’s post-inaugural rally:

(CNBC) S&P 500 futures rose Tuesday night after the first trading session post Inauguration Day ended with strong gains. S&P 500 futures rose 0.2%, while Nasdaq 100 futures gained 0.5%. Dow Jones Industrial Average futures were near the flatline. To read this article:

Netflix shares soar as company reports surging revenue, tops 300 million subscribers

(CNBC) The company surpassed 300 million paid memberships during the quarter, adding a record 19 million subscribers. Netflix said the growth was driven by its content slate, improved product and typical fourth-quarter seasonality. The company also shared that including “extra […]

China stocks fall after Trump suggests tariffs on Beijing could come into effect by next month

(CNBC) Asia-Pacific markets traded mixed Wednesday, with China stocks declining after President Donald Trump’s comments on imposing a 10% tariff on China. Australia’s S&P/ASX 200 rose 0.26%. Japan’s Nikkei 225 added 1.36%, and the Topix rose 0.87%. South Korea’s Kospi added 3.67% while the Kosdaq traded […]

Trump says he’s considering a 10% tariff on China beginning as soon as Feb. 1

(CNBC) President Donald Trump said that his team was discussing a 10% tariff on China and that the duty could take effect as early as Feb. 1. “We’re talking about a tariff of 10% on China based on the fact that they’re […]

Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank

(CNBC) President Donald Trump announced a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in artificial intelligence infrastructure in the United States. The project, dubbed Stargate, was unveiled at the White House by Trump, Softbank CEO Masayoshi Son, OpenAI CEO Sam Altman and Oracle co-founder Larry Ellison. […]

Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry

(CNBC) The Trump administration took its first steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency. In a long-awaited move from the digital assets industry, the Securities and Exchange Commission announced that acting Chair Mark Uyeda has launched a “crypto […]

S&P 500 futures edge up as Trump says he’s considering tariffs on Canada and Mexico

(CNBC) Stock futures were under some pressure on Tuesday morning after President Donald Trump said he was considering tariffs on Canada and Mexico. Futures tied to the S&P 500 were up 0.11%, while Dow Jones Industrial Average futures were up 0.24%. Meanwhile, Nasdaq 100 futures were […]

Trump’s crypto-frenzied inauguration makes first family billions

(CNBC) Crypto A-listers rubbed elbows with political elites and members of Trump’s inner circle at the Crypto Ball, held at the opulent Mellon Auditorium, just down the street from the White House. Meanwhile, Trump’s net worth was about to explode […]

Stanley Druckenmiller says ‘animal spirits’ are back in markets because of Trump

(CNBC) Billionaire investor Stanley Druckenmiller believes Donald Trump’s re-election renewed a jolt of speculative enthusiasm in the markets and surging optimism within businesses. “I’ve been doing this for 49 years, and we’re probably going from the most anti-business administration to the opposite,” Druckenmiller […]

Bitcoin touches new high of $109,000, then reverses in volatile session on Trump inauguration day

(CNBC) Bitcoin spiked to a new all-time high early Monday but pulled back following the inauguration of President Donald Trump. The flagship cryptocurrency was last lower by more than 2% at $103,558.38, according to Coin Metrics, in what appeared to be a […]

TikTok restoring U.S. service after Trump provided ‘assurance’

(CNBC) “In agreement with our service providers, TikTok is in the process of restoring service,” TikTok wrote. “We thank President Trump for providing the necessary clarity and assurance to our service providers that they will face no penalties providing TikTok […]

Hedge funds and private equity firms pour more money into Lloyd’s ILS vehicle

(CNBC) International hedge funds and private equity firms are increasingly investing in Lloyd’s of London’s tax-exempt investment vehicle, as the 300-year-old UK institution expands its efforts to attract global investors, according to a report by the Financial Times. To read […]