Amidst stock market turbulence, the "strongest alpha" emerges! Tariffs cannot suppress the explosive expansion of AI computing power.
Taiwan Semiconductor stated that no changes in customer behavior due to USA tariffs have been observed, and its optimistic expectations contrast sharply with the uncertainties in the global market.
'It's Just Not Done': Why Trump Firing Powell Could Rock U.S. Financial Markets
Support Powell? The "third-in-command" of the Federal Reserve stated that there is no necessity to adjust interest rates in the short term!
① The President of the New York Federal Reserve, Williams, believes that there is no need to change the Federal Reserve's interest rate policy in the short term, although Trump's tariffs may increase inflation, weaken economic growth, and raise unemployment rates. ② Williams emphasized that the Federal Reserve needs to ensure that inflation does not continue to rise and to bring inflation back to the target level of 2%.
Options Market Statistics: Hertz Shares Surge After Ackman Confirms 20% Stake, Hints at Uber Collaboration; Options Pop
The Trump administration has also suspended the eligibility for international students at Harvard University.
The Trump administration has notified Harvard University that it would revoke its eligibility to accept foreign students if it does not comply with the administration's demands. This marks an increase in pressure on the university. Department of Homeland Security (DHS) Secretary Kristi Noem issued this notification in a letter dated the 16th. Prior to this, Harvard refused to comply with the administration's demand to 'audit' the opinions of faculty, students, and staff under federal government oversight on the 14th. President Alan Garber stated that such demands undermine the independence of the university.
S&P 500 Opens Higher; Trump Renews Attack on Fed Chair Powell -- WSJ
