Market

US President Donald Trump to meet with Nvidia CEO Jensen Huang amid reports of potential AI chip sales restrictions to China and concerns over China's advancements in the field.

Published on: January 31, 2025, 05:02 PM UTC

Fresh data reinforces the Federal Reserve's wait-and-see approach to interest rates, as inflation stays sticky in December. The core Personal Consumption Expenditures (PCE) index remains at 2.8% year-over-year, while monthly PCE rises 0.2%.

Published on: January 31, 2025, 05:01 PM UTC

Gold prices rise as Goldman Sachs analysts predict a surge in demand due to potential US tariffs, reiterating their bullish outlook with a $3,000 per troy ounce forecast.

Published on: January 31, 2025, 05:01 PM UTC

German inflation remained elevated at 2.8% in January, prompting caution at the European Central Bank. Disinflation is "well on track" but concerns remain over high service prices and geopolitical risks.

Published on: January 31, 2025, 05:01 PM UTC

Despite the emergence of DeepSeek, investors believe the "Magnificent Seven" US tech giants will maintain their dominance. A Bloomberg survey shows 88% expect DeepSeek's latest AI model to have minimal impact on tech stocks. Investors view Trump's policies as the primary driver of equity volatility. Despite the Monday selloff, tech remains bullish on its AI競爭力. US value stocks are gaining traction as an alternative to tech, with 39% of survey respondents favoring them.

Published on: January 31, 2025, 05:01 PM UTC

Goldman Sachs analysts see gold prices rising on heightened US policy uncertainty and potential US tariffs against Mexico and Canada.

Published on: January 31, 2025, 05:00 PM UTC

Government plans to boost economy by offering cheap loans for EVs and solar panels will lead to another financial crash. Electric vehicles have poor resale values and solar panels are not cost-effective, so loans will default and taxpayers will be left with the bill.

Published on: January 31, 2025, 05:00 PM UTC

US stocks rose on Friday, boosted by strong earnings from Apple and data showing that inflation remains under control. Apple shares jumped after the company beat profit expectations in its first quarter, despite a decline in iPhone sales. The tech-heavy Nasdaq Composite climbed 1.44%, while the S&P 500 gained 0.78% and the Dow Jones Industrial Average was little changed. Investors also kept an eye on a looming tariff deadline, with President Donald Trump threatening to impose duties on Canada and Mexico.

Published on: January 31, 2025, 04:02 PM UTC

Uncertainty surrounds President Trump's proposed tariffs, with potential implications for markets, inflation, and Fed policy.

Published on: January 31, 2025, 04:01 PM UTC

Apple's (AAPL) Q1 earnings beat estimates, easing investor concerns about iPhone sales in China. Apple CEO Tim Cook attributed the decline to inventory adjustments, while analysts remain optimistic about iPhone upgrades and AI features contributing to future growth.

Published on: January 31, 2025, 04:01 PM UTC