📅 Economic Releases
| Time (ET) | Event | Impact |
|---|---|---|
| 8:30 AM | Core PPI m/m | High |
| 8:30 AM | PPI m/m | High |
| 8:30 AM | Unemployment Claims | Medium |
📊 Earnings Today
📈 Premarket Gainers & Losers
🎯 Gamma Flip Point — $SPX (S&P 500 Index)
$SPX gamma flip point is 7329.93 |
🔥 Hot Market News
| Oracle Posts Strong Q4 Results with OpenAI Deal, Yet Stock Drops 8% Oracle reported $19.2 billion in Q4 revenue, surpassing expectations, and secured a $300 billion contract with OpenAI, but its stock fell 8% due to flat guidance and a $70 billion AI infrastructure investment not yet yielding returns.
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| OpenAI Considering Significant Price Cuts Amidst Intensifying Competition OpenAI is contemplating sharp price reductions for its AI services to compete with rival Anthropic, which is expected to make similar adjustments. This move comes as both companies gear up for initial public offerings while competing vigorously in the AI market.
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| China is Propping Up the World Economy by Importing a Lot Less Oil China has reduced its oil imports, which plays a significant role in stabilizing the global economy by balancing supply and demand dynamics in the international market.
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| Trump said he loves inflation. Why that should be music to Kevin Warsh's ears President Donald Trump has shifted his stance on inflation, expressing no immediate concern about a recent 4.2% inflation spike, which could provide new Federal Reserve Chair Kevin Warsh with more flexibility on interest rate decisions. Trump's comments suggest he may refrain from pressuring Warsh to cut rates, marking a departure from his previous intense criticism of Warsh's predecessor, Jerome Powell.
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| Inflation likely to subside, growth likely to improve Real interest rates have increased significantly more than nominal rates, contributing to lower inflation expectations. Falling gold and non-energy commodity prices suggest easing Middle East tensions and decreasing inflation, as evidenced by strengthening manufacturing indices and improving job statistics supporting a stronger economic outlook.
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| SpaceX tells investors it has lined up blue-chip credit ratings: Bloomberg SpaceX has informed investors that it has secured robust credit ratings from major financial institutions, positioning the company favorably for future funding and investment opportunities.
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| Medical Tourism in China Offers Hope for Myeloma Patient from New Zealand Stuart Lye, a myeloma patient from New Zealand with limited treatment options, learned about CAR-T immunotherapy and considered traveling to China for the procedure due to its unavailability in New Zealand and high costs in Australia.
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💱 Forex & Commodities
| Australian Dollar Outlook: AUD/USD cracks 70c, options signal more pain The Australian Dollar has dropped below 70 cents against the US Dollar, with options markets indicating potential for further depreciation.
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| Gold Plunges Beyond Seasonal Expectations, Yet Bearish Bets Are Falling Gold prices have unexpectedly fallen more than typical seasonal patterns would predict, although there is a decrease in bearish betting on the metal's future performance.
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| Iraq to Boost Oil Exports via Northern Route to 650,000 Barrels Per Day Iraq is enhancing its oil export capacity through the northern route to reach 650,000 barrels per day by expanding its export lines linked to Turkey and Syria, aiming to diversify export outlets and reduce reliance on maritime routes. The Iraqi government plans to increase pipeline and truck exports, with infrastructure developments to strengthen and sustain oil export operations.
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🪙 Crypto News
| Japan's Parliament Set to Bring Cryptocurrencies Under Same Regulatory Framework as Stocks Japan's parliament is on the brink of passing a bill that will classify cryptocurrencies as financial instruments subject to lower taxes and stricter trading rules, akin to stocks. The legislation, prompted by increasing crypto demand, aims to foster innovation and clarity within the industry, impacting taxation, trading regulations, and the viability of crypto ETFs in the market.
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| Bitcoin Selloff Leaves Half of All Supply Trading at a Loss A significant selloff in Bitcoin has resulted in approximately half of the total Bitcoin supply being traded at a loss, highlighting the current challenges faced by investors in the cryptocurrency market.
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| Mastercard Launches Agent Pay for Machines Mastercard has introduced a new service called Agent Pay, designed to facilitate financial transactions for machines, expanding its capabilities in the realm of automated payment solutions.
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🛠️ Free Market Tools
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