Mustafa Suleyman, CEO of Microsoft AI, made a bold prediction about the future of professional tasks, suggesting that “most, if not all, professional tasks” for lawyers, accountants, project managers, and marketing professionals “will be fully automated by AI within the next 12 to 18 months.”Software Engineers Already Experiencing Role TransformationIn a recent interview with the Financial Times, Suleyman pointed to software engineering as evidence that the shift is already underway.“Many software engineers ...

American businesses and consumers, rather than foreign exporters, shouldered nearly the entire financial weight of the 2025 tariffs, according to a report released Thursday by the Federal Reserve Bank of New York.Domestic BurdenOver the course of 2025, the average U.S. tariff rate surged from 2.6% to 13%, yet foreign prices failed to drop significantly to compensate for the hike.Economists Mary Amiti, Chris Flanagan, Sebastian Heise, and David E. Weinstein found that for the majority of the year, the “econo ...

Core Insights - The successful launch of Europe's Ariane 6 rocket, which deployed 32 Amazon Leo satellites, marks a significant step in Amazon's competition with SpaceX's Starlink [1][2][3] Group 1: Launch Details - The Ariane 6 rocket, launched by the European Space Agency from French Guiana, successfully carried 32 satellites for Amazon's low-Earth orbit internet constellation [2] - This mission was the debut of the Ariane 64 configuration, which can carry over 20 tons into low-Earth orbit, approximately double the capacity of the smaller Ariane 62 [3] - The launch is part of a series of 18 missions booked on Ariane 6 to support Amazon's planned network of over 3,200 satellites [3] Group 2: Amazon's Satellite Initiative - Amazon's low-Earth orbit (LEO) satellite project, previously known as Project Kuiper, aims to provide high-speed, low-latency broadband and has a budget of at least $10 billion [5] - The company has requested an extension from the FCC to July 2028 for the deployment of roughly half of its planned satellite constellation by 2026 [5] Group 3: Market Reaction - Following the launch, Amazon's stock experienced a decline of 2.25% on Thursday and an additional 0.63% in after-hours trading, indicating weak trends across various timeframes [6]

Core Insights - The Trump administration has officially terminated the 2009 "endangerment finding," dismantling the legal foundation for federal climate regulations, which eliminates greenhouse gas emission standards for vehicles and ends the push for mandatory electric vehicle transitions [1][2] Impact on Electric Vehicle Industry - The repeal removes the EPA's authority to enforce tailpipe standards that favored electric vehicles, which President Trump criticized as a damaging policy for the auto industry [2] - Tesla, which has relied on selling regulatory credits to legacy automakers, may face significant revenue loss as competitors no longer need to purchase these credits to comply with emissions targets [3] Benefits for Traditional Automakers - Traditional manufacturers like Ford and General Motors could save over $2,400 per vehicle, allowing them to redirect capital from electric vehicle mandates back to their profitable gas-powered SUV and truck lineups [4] - The policy shift is expected to provide a competitive advantage to these manufacturers in the market [4] Broader Industry Implications - The rollback is seen as a significant change for the freight sector, with the endangerment finding previously imposing consumer choice restrictions and hidden costs amounting to trillions of dollars [5] - The administration has also ended federal credits for certain technologies, such as automatic start-stop ignition features, which were previously incentivized under the Obama administration [6]

Group 1 - Solaris Energy Infrastructure Inc. experienced a significant stock surge of 12.26%, reaching $57.78 in after-hours trading, following a regular session close at $51.47, which was down 4.21% [1] - Solaris Power Solutions LLC, a subsidiary of Solaris Energy Infrastructure, entered into a Master Equipment Rental Agreement with Hatchbo LLC to provide over 500 megawatts of power generation equipment for AI computing needs [2] - The rental agreement has a 10-year term starting January 1, 2027, with provisions for early termination by Hatchbo, requiring 30 days' notice and payment of 50% of remaining rental fees [3] Group 2 - Voya Financial Inc. disclosed a 5.2% stake in Solaris Energy Infrastructure, holding 2.54 million shares [4] - Solaris Energy Infrastructure has a market capitalization of $3.52 billion, with a 52-week high of $59.80 and a low of $14.27, reflecting an 88.74% gain over the past 12 months [5] - The company is positioned approximately 81.7% above its 52-week low, indicating strong long-term trend and potential for continued upside [5]

Core Insights - Coinbase is exploring the possibility of launching its own prediction market venue while maintaining a partnership with Kalshi, keeping all options open for future developments [1] - The prediction market service launched by Coinbase saw significant engagement during Super Bowl LX, with Kalshi reporting a 2,700% year-over-year increase in volume, totaling over $1 billion wagered [2] Financial Performance - Coinbase reported fourth-quarter revenue of $1.78 billion, which was below analyst forecasts, but the earnings per share (EPS) of $0.66 exceeded expectations [4] - For the full fiscal year, Coinbase's total revenue reached $7.2 billion, reflecting a 9% increase year-over-year [4] Market Reaction - Following the earnings report, Coinbase shares rose by 0.87% in after-hours trading after a decline of 7.90% during regular trading hours, closing at $141.09 [5] - The stock is currently experiencing a weaker price trend across short, medium, and long-term periods, with an average value ranking according to Benzinga's Edge Stock Rankings [5] Marketing Efforts - Coinbase aired a karaoke-style advertisement during Super Bowl LX, which did not resonate well with viewers, resulting in it being the lowest-rated advertisement following the event [3]

Group 1 - Xiaomi Corp. outsold Tesla Inc. in China's electric vehicle market in January, with the YU7 SUV delivering 37,869 units compared to 16,845 units for the Model Y [1] - The Model Y, which was the top seller in December, dropped to 20th place in January and fell from first to seventh among new energy vehicles [2] - The YU7 was launched in 2025 and is priced 10,000 yuan ($1,450) lower than the Model Y, which analysts expected would help Xiaomi capture market share from Tesla [3] Group 2 - Tesla experienced a sales slump in China, marking its first annual sales decline in December 2025, while Xiaomi's electric vehicle division gained momentum with the YU7's success despite a rocky start with the SU7 Ultra EV [4] - Xiaomi plans to expand internationally, targeting Europe next year [3]

Core Viewpoint - The Federal Trade Commission (FTC) Chairman Andrew Ferguson has expressed concerns regarding alleged political bias in Apple News, suggesting that it may be promoting left-leaning content while suppressing conservative viewpoints [2][4]. Group 1: Allegations of Bias - Ferguson's letter to Apple CEO Tim Cook highlights allegations that Apple News has systematically favored news articles from left-wing outlets and suppressed content from conservative publications [2][4]. - Multiple studies have indicated that Apple News has not featured any articles from American conservative-leaning news sources in recent months, while promoting hundreds of articles from liberal publications [4]. Group 2: Regulatory Context - The FTC has previously sought public comment to investigate whether major tech companies, including Apple, are limiting consumer access to information based on political affiliations, which could violate the FTC Act [3]. - Ferguson clarified that the FTC's role is not to police speech but to protect consumers from material misrepresentations and omissions, including those related to speech [4]. Group 3: Company Performance - The concerns from the FTC arise as Apple celebrates its 50th anniversary and reports record-breaking financial results, with anticipation for new smartphone releases in 2026 [5]. - Apple currently has a market capitalization of $4.05 trillion, with a 52-week high of $288.61 and a low of $169.21, closing at $261.73, down 5% [6].

Market Sentiment - The CNN Money Fear and Greed index declined to a reading of 36.9, entering the "Fear" zone, down from 48.4 [3] - U.S. stocks experienced a downward trend, with the Nasdaq Composite falling by 2% during the session [1] Economic Data - Initial jobless claims in the U.S. decreased by 5,000 to 227,000, compared to market estimates of 222,000 [1] Sector Performance - Most sectors on the S&P 500 closed negatively, with information technology, energy, and financial stocks experiencing the largest losses [2] - Utilities and consumer staples stocks performed well, closing higher despite the overall market decline [2] Index Performance - The Dow Jones Industrial Average closed lower by approximately 669 points, settling at 49,451.98 [2] - The S&P 500 fell by 1.57% to 6,832.76, while the Nasdaq Composite dipped by 2.03% to 22,597.15 [2]

The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index moved to the “Fear” zone on Thursday.U.S. stocks settled lower on Thursday, with the Nasdaq Composite falling 2% during the session.On the economic data front, U.S. initial jobless claims fell by 5,000 from the previous week to 227,000 in the first week of February, compared to market estimates of 222,000.Most sectors on the S&P 500 closed on a negative note, with information technology, energy and fin ...