Interstellar Capital

2025/02/10

India has 'enormously high' tariffs, White House economic adviser Hassett says

WASHINGTON, Feb 10 - India has "enormously high" tariffs that lock out imports, U.S. President Donald Trump's top economic adviser Kevin Hassett said on Monday, adding that Indian Prime Minister Narendra Modi had a lot to discuss with Trump when the two leaders meet soon.

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2025/02/07

VIEW Sluggish Jan payrolls growth unlikely to sway Fed

Feb 7 - U.S. job growth slowed more than expected in January, likely restrained by wildfires in California and cold weather across much of the country, but a 4.0% unemployment rate probably gives the Federal Reserve cover to hold off cutting interest rates at least until June.

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2025/02/06

Stocks rise, Treasury yields under pressure

Feb 6 - Global shares rose on Thursday in a modest relief rally as fears of an escalating trade war between the U.S. and its major trading partners ebbed, while U.S. Treasury yields came under pressure as traders pondered the country's rate outlook.

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2025/02/05

US futures knocked by Alphabet earnings; gold strikes record

Feb 5 - U.S. stock futures fell on Wednesday after disappointing earnings from Alphabet, while the dollar took a dive against the yen, which rallied sharply after Japanese wage data upped the chances of another rate hike.

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2025/02/04

Trump says in no hurry to talk to China's Xi amid new tariff war salvos

Feb 4 - U.S. President Donald Trump said on Tuesday he is in no hurry to speak to Chinese President Xi Jinping to try to defuse a new trade war between the world's two largest economies sparked by his sweeping 10% tariffs on all Chinese imports.

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2025/02/04

Palantir shares jump on upbeat revenue outlook as businesses adopt AI

Feb 4 - Palantir (PLTR.O), shares rallied over 18% in premarket trading after it forecast upbeat annual revenue fueled by strong demand for its software and data analytics services from businesses racing to adopt generative AI.

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2025/02/03

Wall St set for sharp losses as Trump's tariffs stoke trade war fears

Feb 3 - Wall Street was set to drop at the open on Monday as fears of a full-blown trade war and its impact on the global economy jolted markets around the world after President Donald Trump levied steep tariffs on Mexico, Canada and China.

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2025/02/03

Morning Bid: Markets unnerved by 'Tariff Man'

Feb 3 - A look at the day ahead in U.S. and global markets by Alun John, EMEA breaking news correspondent, finance and markets.

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2025/01/31

Financial conditions undercut Fed's 'restrictive' view

Jan 30 - U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy is. And right now, the picture is confusing.

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2025/01/30

Stocks cheer megacap earnings; euro dips after ECB rate cut

Jan 30 - Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta (META.O), , but shunned Microsoft (MSFT.O), , while the dollar was steady against most other currencies after the Federal Reserve left rates unchanged.

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2025/01/30

Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs

Jan 30 - Investors punished Microsoft with a 4% share drop on Thursday as hefty AI bets failed to drive a big increase in its cloud revenue, while Meta rose 2% after CEO Mark Zuckerberg assured Wall Street about growth with promises of a "really big year".

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2025/01/29

Tech reboot lifts European stocks to record high ahead of Fed meeting

Jan 29 - World markets were suddenly looking calmer on Wednesday as the week’s rollercoaster ride for stock markets morphed into wait-and-see ahead of the Federal Reserve’s first rate meeting of the year and results from Microsoft(MSFT.O), , Meta(META.O), and Tesla (TSLA.O), .

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2025/01/29

Chip stocks set to extend recovery after DeepSeek reckoning

Jan 29 - Semiconductor stocks in the U.S. and Europe climbed on Wednesday for a second day after China's low-cost DeepSeek AI tool triggered a punishing selloff in artificial intelligence-linked shares earlier this week.

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2025/01/28

S&P, Nasdaq futures steady after tech rout, earnings in focus

Jan 28 - S&P 500 and Nasdaq futures steadied on Tuesday after steep losses in the previous session driven by the popularity of a low-cost Chinese artificial intelligence model that rattled stocks of U.S. companies invested in the technology.

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2025/01/27

Hedge funds were pausing US AI bets as DeepSeek emerged, says Goldman

LONDON, Jan 27 - Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was emerging to challenge U.S. dominance in the sector, a Goldman Sachs note said.

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2025/01/24

Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved

The dollar (.DXY), fell to its lowest of the year as the Bank of Japan delivered a long-awaited interest rate rise on Friday, euro business unexpectedly returned to growth and President Donald Trump's latest comments gave China a lift.

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2025/01/23

Stocks steady, dollar dips as investors await Trump's next move

LONDON, Jan 23 - Global stocks steadied on Thursday, as a rally fuelled by Donald Trump's spending plans for artificial intelligence infrastructure fizzled out and caution set in over what the new U.S. president's next moves on trade might be.

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2025/01/22

'Golden age' here already, Trump just needs to protect it

LONDON, Jan 22 - In many respects, Donald Trump inherited the "golden age" he claims to be ushering in. All he really needs to do is not screw it up.

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2025/01/22

Oracle surges, chip stocks rise as Trump unveils $500 bln AI plan

Jan 22 - Oracle's (ORCL.N), shares jumped nearly 9% before the bell on Wednesday after U.S. President Donald Trump said the company would make a large investment in artificial intelligence infrastructure, alongside OpenAI and SoftBank (9984.T), .

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2025/01/21

Brokerages see uncertain 2025 on worries over potential Trump tariffs

Jan 21 - Uncertainties around U.S. policies could slow global economic growth modestly in 2025, according to major brokerages. They expect U.S. President Donald Trump's likely plan to raise tariffs to fuel volatility in global markets, raising inflationary pressures, which could limit major central from easing their monetary policy.

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