UNH faces regulatory risks & margin squeeze; trades at 19x forward earnings vs. CI's 9x. Bullish targets see 18% upside.
US seizes 50M barrels of Venezuelan oil; global glut risks $60/b prices, hurting US shale rigs.
PBOC sets USD/ CNY reference rate for today at 7.0078 (vs. estimate at 6.9722)
TSMC surges 140% from low, beats Q4 earnings! AI demand fuels 40% revenue growth forecast. Stretched P/E at 34x, but 2nm expansion & AI chips drive upside.
San Francisco Fed Mary Daly said policy is in a “good place” to respond as the economy evolves, citing solid growth, a stabilising labour market and easing inflation, while warning the Fed must calibrate future moves deliberately amid ongoing risks.
A W. Virginia bill would allow up to 10% of state treasury assets to be invested in precious metals & select digital assets, including BTC. Supportive for long-term legitimacy, such moves may signal late-cycle adoption rather than fresh upside.
PBOC is expected to set the USD/CNY reference rate at 6.9722 – Reuters estimate
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