UN eyes $1T climate tax on Big Oil; industry faces lawsuits, uncertain revenue for energy transition.
AMD beat Q4 earnings and revenue forecasts, but softer Q1 guidance disappointed investors, sending shares lower. AI demand remains strong, including China sales, though expectations for faster near-term AI upside were not met.
Peru's exports hit $90B, up 21% on mining & agri gains. China leads trade, up 30%, boosted by new megaport.
Bitcoin dumps to 10-month low near $73k, Ether follows. Traders bet billions on further drops as Trump war & Fed pick spook market.
Dow Transports +2% while Industrials -0.3%, Nasdaq dips 1.4%. Watch for sector rotation and valuation shifts.
Tax refunds surge $100B+ with new breaks, but complex rules risk delays. Watch for SALT cap changes & crypto reporting.
New Zealand’s Q4 unemployment rate rose to 5.4% as participation jumped, despite a solid 0.5% lift in employment. Wage growth remained subdued, leaving the RBNZ outlook unchanged and rate-hike expectations anchored in late 2026.
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