On Tuesday, U.S. President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over the next four years to help the United States stay ahead of China and other rivals in the global AI race. https://yhoo.it/4hlECkt
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Updates
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Stock buybacks surged 22.1% year-over-year in the third quarter of 2024, according to new data from S&P Dow Jones Indices. What exactly is a stock buyback? Yahoo Finance's Brad Smith breaks it down. More: https://lnkd.in/gT_RW_ma
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Eurasia Group founder and president Ian Bremmer sat down with Yahoo Finance at the World Economic Forum in Davos to talk about the US economy, Donald Trump, and the Department of Government Efficiency — also known as DOGE. Referring to Elon Musk, Bremmer shared his thoughts on why "nobody buys" the globalist promise. "We're moving into what I call a G-Zero world order," Bremmer said. "The law of the jungle — where the powerful, the apex predators get to do what they want, and everyone else has to suffer what they must." More: https://lnkd.in/gipvXqFV
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The transition into the President Trump's second term has brought along a significant amount of economic uncertainties. On his first day in office, Trump signed nearly 200 executive orders and proclamations, stirring market reactions. Here are five policy areas to watch in Trump's first 100 days, from Allianz Chief Economic Advisor Mohamed El-Erian. More: https://lnkd.in/gtNywBK4
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Netflix stock closed at an all-time high on Wednesday, finishing the day up nearly 10% as Wall Street analysts praised the company's fourth quarter earnings results. https://yhoo.it/3PJrfhN
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Nvidia stock jumped more than 4% Wednesday to help lead the tech sector and some chip stocks higher following Trump’s announcement of a massive, $500 billion AI infrastructure project. https://yhoo.it/4jvPMVd
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Yahoo Finance reposted this
Netflix is raising prices ... and Wall Street thinks it's the right call. Full story on Yahoo Finance https://lnkd.in/e56b5uWa
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Netflix reported a whopping 18.9 million users in its fourth quarter while revenue and earnings also handily beat expectations. It was the biggest quarterly subscriber gain in the company's history. https://yhoo.it/3Wttcm8
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JPMorgan Chase CEO Jamie Dimon downplayed concerns about new tariffs from the Trump administration. Tariffs "are an economic tool. That's it. They're an economic weapon, depending how you use it, and why [you] use it," Dimon said. https://yhoo.it/3E4cWlc
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Options are a growing part of the US market. If you are thinking about starting to dip your toes into the world of options trading, Mapsignals Co-Founder Lucas Downey has some terms you should know — like "call" and "put." More: https://lnkd.in/eBGR3NXC

