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Crypto Markets Surge as SEC Announces Task Force, Trump's Presidency Fuels Optimism

New SEC crypto task force, pro-crypto regulators, and potential executive orders boost investor enthusiasm for digital assets, including crypto ETFs and memecoin TRUMP. Industry awaits further developments and clarity from the Trump administration.

Winter Storm Threatens Texas LNG Shipments, Shuts Airports, Highways

A historic winter storm brings record snowfall to Houston, New Orleans, and surrounding areas, leading to power outages, transportation disruptions, and school closures.

Private Equity's Lifeline: Dividend Recapitalizations in a Booming Credit Market

Private equity firms are increasingly turning to dividend recapitalizations to return cash to investors amid a booming credit market. This strategy allows them to pile portfolio companies with more debt and give themselves a payout, rather than relying on the IPO market.

US Stocks Rise on Trump's First Day, Tech Lags

US stocks climbed across the board on Tuesday as investors digested President Donald Trump's first wave of executive orders, including future tariffs on China and Mexico. The Dow Jones Industrial Average (^DJI) and the benchmark S&P 500 (^GSPC) rose around 0.5% and 0.4%, respectively, while the Nasdaq Composite (^IXIC) also climbed about 0.5%. The tech sector lagged as investors digested Trump's first policy moves, including future tariffs on Mexico and Canada. Netflix (NFLX) is expected to deliver strong results when it reports after the bell, while Charles Schwab (SCHW) reported a surge in earnings of nearly 50% due to increased trading activity. The US dollar (DX-Y.NYB) pulled back from a near two-year high on Monday following news that Trump held off from firing off a barrage of universal tariff hikes, with the currency recovering somewhat on Tuesday after Trump said he was considering 25% duties for Mexico and Canada starting Feb. 1.

Mark Zuckerberg's Metamorphosis: Pivoting to the Right Amidst Trump's Return

Meta CEO Mark Zuckerberg's Embrace of Trump Raises Concerns Among Employees; Meta's Reputation at Stake

Williams-Sonoma CEO: We're Not Waiting for the Next Wave of Tariffs

Williams-Sonoma CEO Laura Alber discusses the company's strategy to mitigate the impact of Trump's tariffs on China. The home goods retailer has reduced its sourcing from China by 50% and plans to continue moving production elsewhere.

Prologis Q4 Earnings Beat, Driven by Warehouse Demand

Prologis Tops Q4 Estimates as Warehouse Demand Heats Up, Forecasts Cautious Outlook

Trump Delays TikTok Ban With Executive Order

President Trump issues executive order delaying TikTok ban, citing national security concerns. The order opens a 75-day window for negotiations, but experts question its legality.

Goldman Names Global Leaders to Run Equities, Fixed Income, Banking

Goldman Sachs promotes a slate of star executives to run its biggest Wall Street business lines, including new global leaders for equities, fixed-income, and banking units.

MicroStrategy Buys $1.1 Billion More Bitcoin Ahead of Shareholder Vote

MicroStrategy purchases another $1.1 billion in Bitcoin, now owns 2% of all BTC in circulation. The software company has been buying Bitcoin since August 2020 and plans to raise $42 billion in capital to continue purchases. Shareholders will vote Tuesday on increasing the number of authorized shares to fund additional Bitcoin purchases.