Learning archive

Morning Bid: 'Giddy' Wall Street hits new highs, BOJ looms into view
  • January 22, 2025

Morning Bid: 'Giddy' Wall Street hits new highs, BOJ looms into view

Whatever doubts investors may have surrounding the longer-term economic damage of U.S. President Donald Trump's proposed tariff agenda, they are giving his deregulation, tech-friendly and AI-supportive policies a huge thumbs up. With strong earnings from streaming giant Netflix providing an extra tailwind, Wall Street's sizzling performance on Wednesday should fuel a strong rise in risk appetite across Asia on Thursday. The tech and artificial intelligence fervor is intensifying again after Trump announced a private sector investment of up to $500 billion to fund infrastructure for AI.

Read More
Saudi Bond Spree Continues as Wealth Fund Taps Dollar Market
  • January 22, 2025

Saudi Bond Spree Continues as Wealth Fund Taps Dollar Market

(Bloomberg) -- Saudi Arabia’s bond spree continued Wednesday as its sovereign wealth fund sold $4 billion of dollar debt.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsThe Public Investment Fund priced notes wit

Read More
Bond Traders Trim Two-Year Futures Bets as Tariff Talk Picks Up
  • January 22, 2025

Bond Traders Trim Two-Year Futures Bets as Tariff Talk Picks Up

(Bloomberg) -- Bond traders are unwinding bets on two-year Treasury futures as lingering questions around President Donald Trump’s tariff plans cloud the outlook for inflation.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls for Law Banning Cell Phone Us

Read More
Stock market today: Netflix and AI excitement send Wall Street to the brink of an all-time high
  • January 22, 2025

Stock market today: Netflix and AI excitement send Wall Street to the brink of an all-time high

Netflix, Oracle and other big technology stocks lifted Wall Street Wednesday as their profits pile higher and excitement builds around the moneymaking prospects of artificial intelligence. The Dow Jones Industrial Average added 130 points, or 0.3%, and the Nasdaq composite climbed 1.3%. The gains came even though most U.S. stocks fell under the weight of another crank higher for Treasury yields in the bond market.

Read More
Why Microsoft (MSFT) Stock Is Trading Up Today
  • January 22, 2025

Why Microsoft (MSFT) Stock Is Trading Up Today

Shares of tech giant Microsoft (NASDAQ:MSFT) jumped 4% in the afternoon session after President Trump announced a $500 billion Stargate project (Joint Venture with OpenAI, Oracle and SoftBank) to develop artificial intelligence infrastructure in the United States. UBS analyst Timothy Arcuri thinks players such as Nvidia would significantly benefit, likely as the supplier of critical semiconductor chips powering some of the anticipated infrastructure requirements, including data centers. As a res

Read More
Dollar flat as market awaits tariff direction, central bank decisions
  • January 22, 2025

Dollar flat as market awaits tariff direction, central bank decisions

NEW YORK (Reuters) -The dollar was little changed on Wednesday after earlier dipping to a new two-week low, as investors continued to await concrete announcements about U.S. President Donald Trump's tariff plans. Trump said late on Tuesday his administration was weighing imposing a 10% tariff on goods imported from China on Feb. 1, after he earlier said Mexico and Canada could face levies of around 25% by Feb. 1. After hitting a more than two-year high of 110.17 yen last week largely on anticipation of tariffs, the greenback has shown signs of an overcrowded trade reversing on the lack of firm plans from Trump.

Read More