Trump Faces Bond Market Pressure As Yields Near 5%, Challenging Economic Goals; Meta Plans 5% Staff Cuts In 2025 With Backfills; Nippon Steel Pushes To Revive $15B U.S. Deal Blocked Under Biden – Top Headlines While The US Slept

US Markets­­­­­­­­

• US Stocks To Open Higher Ahead Of December Inflation Data: All Eyes On Banking Stocks As JPMorgan, Goldman, Citi, Wells Fargo Report Quarterly Earnings
• Dow Rises Over 200 Points Ahead Of Inflation, Earnings Data: Greed Index Remains In ‘Fear’ Zone

Crypto

• Bitcoin Up 1%, Braces For Volatility Ahead Of Inflation Data Release
• XRP Price Surges Another 7.5%: What Is Going On?
• Bitcoin Adoption Still Early, BlackRock Says
• New Crypto Accounting Rules Could Accelerate Corporate Bitcoin Adoption, Says CEO Of Leading BTC Miner — Mark-To-Market Standards ‘Really Important’
• Italy’s Largest Bank Leaps Into Bitcoin Trading With $1 Million ‘Test’ Investment But CEO Says He Doesn’t Invest In BTC Personally
• Dogecoin To Hit New All-Time High After Trump Is Sworn In? Influencer Says Pattern ‘Nearly Identical’ To Last Inauguration
• Michael Saylor’s MicroStrategy Not Alone In Bitcoin Acquisition, Says Bitwise Chief Investment Officer: ‘It’s A Bona Fide Megatrend’
• Bitcoin, Ethereum, And Dogecoin Rebound Sharply On Lighter Inflation Data: Top Trader Says Despite Expectations For Bull Market To Be Over, It’s An Ideal Climate For Altcoins

US Politics

• Trump’s Crypto Legislation Will Be A ‘Frankenstein’ Bill Of Mishmash, Says Arthur Hayes — Bitcoin Doesn’t Need Government Support To Flourish
• Trump Inauguration: From Elon Musk, Jeff Bezos To Barack Obama, George Bush And Bill Clinton — Who All Will Attend?

World Politics

• South Korean President Yoon Suk Yeol Arrested — KOSPI Edges Higher Despite Political Upheaval, Won Stable

US Economy

• Trump Faces Bond Market Pressure As 10-Year Yields Near 5%, Challenging Economic Agenda
• Federal Reserve Policy Reversal? Buzz Around 2025 Rate Hikes Gains Momentum: ‘It’s A Paper Barrier…Will Break Through It Quickly If The Data Becomes Overwhelming’
• Trump 2.0 Could Be Thwarted By Inflation, Mohamed El-Erian Notes Ahead Of CPI Data Release

World Economy

• Dollar Cools Off Ahead Of Bank Earnings, Asia Markets Mixed, Europe Up – Global Markets Today While US Slept
• BOJ’s Kazuo Ueda Signals Rate Hikes, Japanese Bond Yields Rise To 14-Year High—What The Recent Past Tells Us About Impact On US Markets

Tech

• Jim Cramer Says SMCI Stock Is A ‘Sell’ Amid Accounting Irregularities: Super Micro Computer Stock Has Fallen 66% In 6 Months — Here’s What Technical Analysis Shows
• AMD Shares Hint At A Reversal As Charts Show Bullish Stick Sandwich Following A Double Downgrade From HSBC
• QUBT, QBTS Up 12%, RGTI Gains 3% In Wednesday Premarket: Quantum Computing Stocks Gain Momentum After Microsoft Says ‘We Are Right On The Cusp Of Seeing Quantum Computers Solve Meaningful Problems
• Meta Plans To Cut 5% Of Staff, Backfill Roles In 2025, Says Internal Memo
• After Nvidia, Semiconductor Trade Groups Oppose Biden’s Chip Export Measures: Rules Threaten To ‘Derail Innovation And Economic Growth Worldwide’
• Siri, Alexa And Google Assistant May Become A Thing Of The Past Thanks To ChatGPT Tasks — Here’s How To Use The New Feature

Electric Vehicle

• Tesla To Suspend Parts Of Refreshed Model Y Lines In Shanghai For 3 Weeks: Report
• Elon Musk’s Tesla Leads The Pack In Top-Selling EVs In US In 2024: Ford, GM Follow
• Rivian Joins Ford, Tesla In Supporting Relief Efforts Amid California Wildfires
• South Korea’s Hyundai, Kia Collectively Sold More EVs In US Than Ford In 2024

Communication

• TikTok Is Set To Be Banned In The US This Sunday Unless The Supreme Court Steps In: Here’s What Happens To Its Nearly 17,000 American Workforce
• MrBeast Discussing Buying TikTok With Billionaires To Prevent US Shutdown: ‘Let’s See If We Can Pull This Off
• Elon Musk Sued By SEC For Allegedly Hiding Twitter Stake That Allowed Him To Buy Stock At Artificially Low Prices

Industrial

• Wall Street’s Most Accurate Analysts Give Their Take On 3 Defensive Stocks Delivering High-Dividend Yields
• GXO Logistics Partners with The Perfume Shop For Sustainable Deliveries Across 200 UK Stores: Details
• Nippon Steel Eyes Trump Administration To Revive $15B US Steel Deal Blocked By Biden: ‘We’ll Do Whatever It Takes’

Financial

• Goldman Sachs Q4 Earnings: Underwriting Boosts Revenue, Assets Reach Record $3.14 Trillion
• BNY Q4 Earnings: Higher Revenue, Lower Costs, And 102% Payout Ratio To Shareholders
• BlackRock Q4 Earnings: Record Inflows Fuel Revenue And Earnings Beat, AUM Hits $11.6 Trillion Milestone
• Nordea, Parisi Gray, Graypoint Load Up On Marvell Technology Shares, IAIM Dilutes 98% In Q4: Here’s What MRVL’s Technical Analysis Says
• Jamie Dimon Oversees Major Leadership Shake-Up At JPMorgan Chase As President Daniel Pinto Prepares To Step Down

General

• Billionaire Investor Who Predicted The Dot-Com Crash 25 Years Ago Warns Of Another Market Storm Brewing In The US

Space

• Colossal Joins Ranks Of SpaceX, OpenAI With $10.2 Billion Valuation
• SpaceX Launches Two Lunar Landers As It Gears Up To Take Humans Back On Moon Surface
• Starship’s 7th Test Flight Will Depend On Weather, Says SpaceX CEO Elon Musk Ahead Of Expected Launch Date

Energy

• IAMGOLD Achieves 43% Increase In 2024 Production, Targets Domestic Growth In 2025

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