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Fed's Powell calls Cook case 'most important' in 113-yr history. Market watches for potential policy shifts & economic impact.
Meta jumps 15% on earnings, Microsoft dips 5%. Tesla's CapEx to soar, S&P 500 pauses at record highs.
MUFG, CBA see February RBA rate hike as inflation lifts and AUD finds support Firming RBA hike expectations are supporting the Australian dollar and front-end rates
Energy stocks surge YTD (+11.2%) on quality, yield, and AI data center demand. BE +87.2%, UEC +64.9%. High risk/reward.
Bitcoin miners pivot to AI, IREN +47% YTD, CIFR +17% YTD. AI hype fuels crypto miners' diversification beyond bitcoin.
WLD token moons 27% on OpenAI bot fight rumors; privacy concerns & regulatory risks loom.
Musk said Tesla will phase out Model S and X production next quarter and retool its Fremont plant to make humanoid robots. The move marks a strategic shift toward robotaxis and AI, as Tesla reported a Q4 earnings beat but softer full-year revenue.
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