Tag: programming

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U.S. Stock Futures Pare Gains Before Inflation Data, Trump Tariffs

U.S. stock futures trade mixed on Wednesday ahead of key inflation data, with investors weighing the path of interest rates amid President Trump's tariff overhaul and the latest earnings reports.

Muted Premarket as Investors Await Inflation Data and Powell Testimony

U.S. stock index futures remain muted as investors await crucial inflation data, core inflation expected to ease to 3.1% year-on-year and Fed Chair Jerome Powell's testimony.

Gold Gives Back Gains on Fed's Patient Stance

Gold falls for a second day after Fed signals no imminent rate cuts, with investors eyeing US inflation data due Wednesday.

EU Gas Producers Warn Against Price Cap

Europe's energy producers and traders warn against gas price cap amid industry concerns, as EU prepares to unveil a plan to boost industrial competitiveness and secure affordable energy.

SoftBank Posts $2.4 Billion Loss Amid OpenAI Investment Uncertainty

Japanese tech investor SoftBank Group reported a $2.4 billion quarterly loss due to Vision Fund investment arm valuation declines, raising questions about its planned $25-40 billion investment in OpenAI, the creator of ChatGPT.

Japan Oil Refiner Eneos Plans Record-Breaking $2.61 Billion IPO

Japan's Eneos aims to raise at least $2.61 billion in the nation's biggest IPO in seven years by listing its metals unit JX Advanced Metals (JXAM) on the Tokyo Stock Exchange.

January CPI Report: Inflation Eases, but Trump's Policies Pose Risks

January's Consumer Price Index (CPI) report is expected to show headline inflation at 2.9%, matching December's annual gain and a slight deceleration in monthly increases. Core inflation, excluding food and gas, is seen at 3.1%, the lowest since April 2021, but core services are forecast to tick higher. The report will be closely watched for any impact from Donald Trump's presidency and his protectionist trade policies on inflation expectations.

Wall Street Strategists See China's AI-Fueled Rally Continuing

China's AI-fueled stock rally draws support from Wall Street strategists, who cite the country's newfound tech prowess and predict continued gains.

US Stock Futures Edge Higher Ahead of Inflation Report

US Stock Futures Flat Ahead of January Inflation Report, Reddit Earnings

Trump Picks Pro-Crypto Lawyer to Run Commodity Regulator

President Trump is nominating Brian Quintenz, the head of policy at Andreessen Horowitz's a16z crypto arm, to lead the Commodity Futures Trading Commission. Quintenz served as a Republican commissioner at the CFTC during the first Trump administration before joining the venture capital firm.