Trump's AI Plan Fuels Global Market Surge
Driven by Donald Trump's announced \$500 billion "Stargate" AI investment plan and strong Q4 2024 earnings from Netflix, global markets saw significant gains Wednesday, with major indices like the S&P 500, Dow Jones, and Nasdaq experiencing substantial increases.
Trump's AI Plan Fuels Global Market Surge
Driven by Donald Trump's announced \$500 billion "Stargate" AI investment plan and strong Q4 2024 earnings from Netflix, global markets saw significant gains Wednesday, with major indices like the S&P 500, Dow Jones, and Nasdaq experiencing substantial increases.
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60% Bias Score
Trump's $500 Billion AI Investment Spurs Global Market Surge
US President Trump announced a $500 billion investment in AI infrastructure, led by tech companies including OpenAI and Oracle, creating a joint venture called Stargate; this announcement caused significant stock market gains in Asia and the US.
Trump's $500 Billion AI Investment Spurs Global Market Surge
US President Trump announced a $500 billion investment in AI infrastructure, led by tech companies including OpenAI and Oracle, creating a joint venture called Stargate; this announcement caused significant stock market gains in Asia and the US.
Progress
36% Bias Score
Ruble Strengthens Amidst Diverging Expert Opinions on Contributing Factors
The Russian ruble is strengthening due to a confluence of factors, including upcoming tax payments, high interest rates, and potential US-Russia agreements to resolve the Ukrainian conflict; however, experts disagree on the relative importance of internal vs. external factors, with forecasts ranging...
Ruble Strengthens Amidst Diverging Expert Opinions on Contributing Factors
The Russian ruble is strengthening due to a confluence of factors, including upcoming tax payments, high interest rates, and potential US-Russia agreements to resolve the Ukrainian conflict; however, experts disagree on the relative importance of internal vs. external factors, with forecasts ranging...
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36% Bias Score
Record Hedge Fund Borrowing Reflects Bets on Trump Presidency and Rising Dollar
Ahead of Donald Trump's presidency, hedge funds reached their highest borrowing levels since 2010, betting on a rising dollar and potential gains in specific U.S. stock sectors, despite concerns about tariffs and increased market volatility.
Record Hedge Fund Borrowing Reflects Bets on Trump Presidency and Rising Dollar
Ahead of Donald Trump's presidency, hedge funds reached their highest borrowing levels since 2010, betting on a rising dollar and potential gains in specific U.S. stock sectors, despite concerns about tariffs and increased market volatility.
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44% Bias Score
China's 5% Growth Slowdown Impacts Asian Markets
China's economy grew 5% in 2024, meeting its target but slowing from the previous year, impacting Asian markets which saw mostly lower shares amid concerns about future economic deceleration and US-China trade tensions.
China's 5% Growth Slowdown Impacts Asian Markets
China's economy grew 5% in 2024, meeting its target but slowing from the previous year, impacting Asian markets which saw mostly lower shares amid concerns about future economic deceleration and US-China trade tensions.
Progress
48% Bias Score
China's 2024 GDP Growth Meets Target at 5%
China's economy expanded by 5% in 2024, exceeding the fourth-quarter forecast of 5.0% and meeting the government's target, driven by stimulus measures.
China's 2024 GDP Growth Meets Target at 5%
China's economy expanded by 5% in 2024, exceeding the fourth-quarter forecast of 5.0% and meeting the government's target, driven by stimulus measures.
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24% Bias Score
S&P 500 Hits Intraday High Amidst Mixed Global Market Signals
On Thursday, the S&P 500 reached a new intraday high of 6,100.81, driven by technology stocks, while South Korea's Q4 2024 GDP growth of 1.2% missed expectations, impacting the Kospi index; concerns remain about inflated asset valuations and future demand.
S&P 500 Hits Intraday High Amidst Mixed Global Market Signals
On Thursday, the S&P 500 reached a new intraday high of 6,100.81, driven by technology stocks, while South Korea's Q4 2024 GDP growth of 1.2% missed expectations, impacting the Kospi index; concerns remain about inflated asset valuations and future demand.
Progress
36% Bias Score
HMRC Criticized for Degraded Services and Rising Uncollectable Debt
The UK's Public Accounts Committee criticized HM Revenue and Customs (HMRC) for worsening its phone service to push digital channels, leading to only 66.4% of calls answered, average wait times exceeding 23 minutes, and £5bn in uncollectable debt written off in 2023-24.
HMRC Criticized for Degraded Services and Rising Uncollectable Debt
The UK's Public Accounts Committee criticized HM Revenue and Customs (HMRC) for worsening its phone service to push digital channels, leading to only 66.4% of calls answered, average wait times exceeding 23 minutes, and £5bn in uncollectable debt written off in 2023-24.
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48% Bias Score
Mixed Global Market Reaction to Trump Inauguration
Global markets displayed mixed reactions to President Trump's inauguration; some indices rose slightly, while others remained unchanged, with the delay of tariff increases easing immediate investor concerns, although a broader reassessment of U.S. trade policy is planned.
Mixed Global Market Reaction to Trump Inauguration
Global markets displayed mixed reactions to President Trump's inauguration; some indices rose slightly, while others remained unchanged, with the delay of tariff increases easing immediate investor concerns, although a broader reassessment of U.S. trade policy is planned.
Progress
44% Bias Score
TikTok Ban Delayed, Perplexity AI Bids for U.S. Operations
President-elect Trump's announcement to delay a TikTok ban via executive order has led to the platform's service restoration in the U.S., while a concurrent bid by Perplexity AI to merge with TikTok's U.S. division and ByteDance introduces a new player into the equation.
TikTok Ban Delayed, Perplexity AI Bids for U.S. Operations
President-elect Trump's announcement to delay a TikTok ban via executive order has led to the platform's service restoration in the U.S., while a concurrent bid by Perplexity AI to merge with TikTok's U.S. division and ByteDance introduces a new player into the equation.
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36% Bias Score
China's 2024 GDP Growth Meets Target Amidst Economic Imbalances
China's economy expanded by 5% in 2024, exceeding expectations in the fourth quarter (5.4%) due to government stimulus measures, despite persistent weaknesses in consumer spending and deflationary pressures.
China's 2024 GDP Growth Meets Target Amidst Economic Imbalances
China's economy expanded by 5% in 2024, exceeding expectations in the fourth quarter (5.4%) due to government stimulus measures, despite persistent weaknesses in consumer spending and deflationary pressures.
Progress
36% Bias Score
Core CPI Below Estimates, Stocks Surge
U.S. core inflation in December was lower than expected at 0.2% monthly and 3.2% annually, causing the U.S. 10-year Treasury yield to fall and stock markets to surge in their best day since November, while banks reported exceeding earnings estimates.
Core CPI Below Estimates, Stocks Surge
U.S. core inflation in December was lower than expected at 0.2% monthly and 3.2% annually, causing the U.S. 10-year Treasury yield to fall and stock markets to surge in their best day since November, while banks reported exceeding earnings estimates.
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40% Bias Score