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Friday Futures: Trump Tariffs, Inflation, and Earnings in Focus

US futures wavered as President Donald Trump moved to fulfill his promise to impose reciprocal tariffs on US trading partners. Futures attached to the Dow (YM=F) hovered around the baseline. The S&P 500 (ES=F) e-mini futures fluttered 0.1%, while Nasdaq (NQ=F) futures slipped 0.1%.

Nissan-Honda Merger Deal Terminated

Honda and Nissan have mutually terminated their proposed merger, resulting in a strategic partnership for electric vehicles and technologies but leaving Nissan facing challenges in the auto market.

GameStop May Follow Crypto King's Playbook With Bitcoin

GameStop exploring cryptocurrency investments, sending shares up in after-hours trading

Banks Sell $4.74 Billion of Elon Musk's Twitter Debt

X Holdings Corp. debt sale completes as Morgan Stanley and other banks divest $4.74 billion, leaving only $1.3 billion remaining for sale. Strong investor demand led to face value pricing for 9.5% debt due 2029.

Asian Equities Set for Gains on Delay in US Tariffs

As markets react positively to a potential delay in US tariffs, Asian equities are headed for gains. Markets in Australia, Japan, and Hong Kong are up, and global stocks closed at a record high. US yields fell, and the dollar weakened. Investors are somewhat relieved by the timeline for considering reciprocal tariffs.

HASI Q4 Earnings Beat Street Estimates

Sustainable Infrastructure Company, Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI), posted a fourth quarter net income of $70.1 million, beating the average analyst estimate of $58 cents per share.

Mobile App Development Trends in 2023 and Beyond: A Comprehensive Guide

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Arm Moves to Sell Own Chips, Competing with Customers

Arm, a crucial intellectual property provider for chip companies, is expanding its business by selling its own chips and competing against its customers. The company has recruited executives from its customers and is competing against Qualcomm to sell CPUs to Meta Platforms. Arm's move could disrupt the industry, forcing companies reliant on Arm technology to consider competition from the company.

30-Year Mortgage Rates Dip Slightly Amid Volatile Bond Market

30-year mortgage rates dip slightly but remain near 6.9%, impacted by volatile bond markets and rising inflation.

Trump's Reciprocal Tariff Plan: Delayed Implementation, Negotiations to Follow

President Trump enacts reciprocal tariffs, sparking negotiations with impacted nations. India's Prime Minister Modi visits to discuss exemptions, while businesses plan for potential price effects and non-tariff barriers, including VAT, face scrutiny.