Core Insights - The anticipated copper supply crunch is more related to downstream smelting and refining capacity rather than raw copper supply from mines [1][4] - The U.S. can meet 146% of its domestic copper demand through a combination of mine output, scrap, and overseas supply, contrasting with China's reliance on imports for 60% of its copper needs [2] - Rising copper prices, which have increased approximately 40% since October, are driven by supply disruptions and strong future demand linked to electrification and clean-energy technologies [3][5] Industry Analysis - Expanding refining and scrap-processing capacity is deemed more effective for improving supply security than acquiring new mines abroad, challenging current policy efforts focused on upstream supply [4] - The rising price of copper is becoming a significant profit driver for diversified mining companies, especially as iron-ore markets weaken [5]

Core Insights - The Federal Communications Commission (FCC) has granted Tesla Inc. a waiver to use Ultra Wideband (UWB) technology for wireless EV charging on the upcoming Cybercab [1][2]. Group 1: FCC Waiver Details - The FCC's waiver allows Tesla to bypass certain guidelines that typically restrict UWB devices, specifically sections 15.519(a) and 15.519(a)(2) [2][3]. - The FCC determined that Tesla's technology operates for a short duration and is low in power, ensuring it will not interfere with other systems [3][4]. Group 2: Wireless Charging Mechanism - Tesla's wireless charging system will utilize an induction charging method via a floor-mounted charging pad, similar to a wireless phone charger [5]. - UWB radios will assist in determining the vehicle's position, ensuring correct placement on the charging pad for effective power transfer [6]. Group 3: Cybercab Production and FSD Milestone - Tesla has introduced a production-ready version of the Cybercab, priced at $30,000, with production ramp-up targeted for April [7]. - The Supervised Full Self-Driving (FSD) system has accumulated over 8.2 billion miles, with more than 3 billion miles driven in urban conditions [7]. Group 4: Market Performance - Tesla's stock (TSLA) saw a slight increase of 0.17% to $411.32 at market close, followed by a further rise of 0.10% to $411.72 in overnight trading [8].

Market Overview - U.S. stock futures declined on Thursday after a higher close on Wednesday, with all major benchmark indices showing lower futures [1] - The Federal Reserve's January meeting minutes revealed significant disagreements among officials regarding future interest rates, with some discussing potential rate increases to address persistent inflation [1] - Market participants are still anticipating two rate reductions by the end of the year, with a 94% likelihood of the Federal Reserve maintaining current interest rates in March according to CME Group's FedWatch tool [2] Index Performance - Dow Jones decreased by 0.12% - S&P 500 fell by 0.08% - Nasdaq 100 dropped by 0.08% - Russell 2000 declined by 0.24% [2] Stocks in Focus - DoorDash (DASH) is experiencing a weaker price trend across all time frames, despite a solid growth ranking [2] - eBay (EBAY) shows a stronger price trend in the short and medium terms but a weak long-term trend, with a moderate quality ranking [3] - Lockheed Martin (LMT) maintains a stronger price trend across all time frames but has a poor value ranking [4] - Interactive Strength Inc. (TRNR) gained 12.47% after announcing an acquisition of Ergatta, Inc., although it maintains a weaker price trend overall [6] - Walmart Inc. (WMT) fell by 1.50% as analysts expect quarterly earnings of 73 cents per share on revenue of $190.43 billion, while it maintains a strong price trend across all time frames [6] Sector Insights - Consumer discretionary, energy, and information technology sectors led the S&P 500's gains on Wednesday, while real estate and utilities sectors declined [7] Analyst Insights - Jeremy Siegel has a positive outlook on the U.S. economy, suggesting recent data supports the expansion of the bull market rather than its derailment [8] - He notes a "sweet spot" in the labor market with resilient jobless claims and a near-2% annual gain in weekly pay, improving consumer purchasing power [9] - Siegel argues that cooling inflation and rising real income provide the Federal Reserve with room to lower interest rates further [9] - He views market volatility due to "AI-driven disruption fears" as a typical reaction to technological changes, which he believes will ultimately enhance productivity and real incomes [10] - Siegel sees valuation support in the ongoing healthy market rotation towards non-tech sectors trading at reasonable multiples [10]

Market Overview - U.S. stock futures declined on Thursday after a higher close on Wednesday, with all major benchmark indices showing lower futures [1] - Traders are analyzing the Federal Reserve's January meeting minutes, revealing significant disagreements among officials regarding future interest rates [1] - Despite discussions of potential rate increases to combat inflation, market participants expect two rate reductions by year-end [1][2] Economic Indicators - The 10-year Treasury bond yielded 4.10%, while the two-year bond was at 3.47% [2] - The CME Group's FedWatch tool indicates a 94% likelihood of the Federal Reserve maintaining current interest rates in March [2] Stock Performance - Dow Jones decreased by 0.12%, S&P 500 by 0.08%, Nasdaq 100 by 0.08%, and Russell 2000 by 0.24% [2] - DoorDash (DASH) shows a weaker price trend across all time frames despite a solid growth ranking [2] - eBay (EBAY) has a stronger price trend in the short and medium terms but a weak long-term trend with a moderate quality ranking [3] - Lockheed Martin (LMT) maintains a strong price trend across all time frames but has a poor value ranking [4] - Interactive Strength Inc. (TRNR) gained 12.47% after acquiring Ergatta, Inc., but maintains a weaker price trend overall [6] - Walmart (WMT) fell by 1.50% as analysts anticipate quarterly earnings of 73 cents per share on revenue of $190.43 billion [6] Sector Insights - Consumer discretionary, energy, and information technology stocks led gains in the S&P 500 on Wednesday, while real estate and utilities sectors declined [7] Analyst Insights - Jeremy Siegel expresses a positive outlook on the U.S. economy, suggesting recent data supports a bull market expansion rather than a derailment [8] - He identifies a "sweet spot" in the labor market, with jobless claims indicating resilience and a near-2% annual gain in weekly pay improving consumer purchasing power [8][9] - Siegel argues that cooling inflation and rising real income provide the Federal Reserve with room to lower interest rates [9] - He views market volatility due to "AI-driven disruption fears" as a typical reaction to technological changes, which he believes will ultimately enhance productivity and real incomes [9][10] - Siegel sees valuation support in the ongoing healthy market rotation towards non-tech sectors trading at reasonable multiples [10]

Shares of Etsy Inc (NYSE:ETSY) rose sharply in pre-market trading after the company entered into an agreement to sell Depop.Etsy and eBay (NASDAQ:EBAY) have entered into a definitive agreement under which eBay will acquire Etsy's fashion marketplace Depop for approximately $1.2 billion in cash.Etsy shares jumped 15.5% to $50.86 in the pre-market trading session.Here are some other stocks moving in pre-market trading.GainersLosersPhoto via Shutterstock ...

Coinbase Global Inc. (NASDAQ:COIN)  CEO Brian Armstrong downplayed concerns on Wednesday that quantum computing could crack the encryption of blockchains in the future.Coinbase ‘Front-Footed’ On Quantum Risks, Says ArmstrongDuring an interview with CNBC, Armstrong said that quantum computing is a very “solvable” issue and that Coinbase is already “front-footed” in addressing it.“We’re in regular contact with the major blockchains about a path to upgrade to a post-quantum cryptography world,” the cryptocurre ...

President Donald Trump's Department of Energy (DOE) has rescinded a rule that incentivized automakers to produce more EVs to comply with Fuel Economy norms.Fuel Content Factor On EVsThe rescinded provision, called the "fuel content factor," allowed automakers to calculate fleetwide fuel economy by assigning higher-than-usual efficiency figures to electric vehicles, which then helped bring down the fleetwide fuel consumption figures, Reuters reported on Wednesday.The agency, according to the report, cited an ...

Sen. Elizabeth Warren (D-Mass.) criticized the enormous tax break of $7.8 billion that Amazon.com Inc. (NASDAQ:AMZN) and its founder, Jeff Bezos, received last year under the new tax law implemented by President Donald Trump.According to Warren’s post on X on Wednesday, the tax relief Amazon enjoyed in 2025 is equivalent to the median U.S. household income for 100,000 years, approximately $78,000.The Senator’s post highlights her ongoing criticism of corporate tax breaks, emphasizing the need for a country ...

Economic Data - U.S. industrial production increased by 0.7% month-over-month in January, surpassing market estimates of a 0.4% gain [2] - U.S. durable goods orders fell by 1.4% month-over-month in December, following a revised 5.4% gain in November [2] Market Performance - U.S. stocks settled higher, with the Dow Jones index gaining around 129 points to close at 49,662.66 [3] - The S&P 500 rose by 0.56% to 6,881.31, while the Nasdaq Composite increased by 0.78% to 22,753.63 during the session [3] - Most sectors on the S&P 500 closed positively, with consumer discretionary, energy, and information technology stocks recording the largest gains [3] - Real estate and utilities stocks closed lower, bucking the overall market trend [3] Market Sentiment - The CNN Money Fear and Greed index showed a current reading of 40.3, indicating a slight easing in fear compared to a prior reading of 37.8, remaining in the "Fear" zone [4]

Core Viewpoint - Short seller James Chanos has criticized the tech industry's initiative to develop orbital datacenters, highlighting that these space-based facilities would incur higher costs compared to traditional datacenters [1][2]. Group 1: Cost Analysis - Chanos stated that the annual electricity cost per megawatt (MW) for AI datacenters is approximately $600,000 [2]. - He noted that this electricity cost represents about 5-7% of revenues from recently announced deals [3]. - Additional costs associated with orbital datacenters, such as launch, radiation, insurance, and redundancy, would be significantly higher [3]. Group 2: Power Supply Insights - Chanos mentioned that while grid power permitting is a concern, it is being addressed, and actual power is abundant in the US, especially when energy companies collaborate with private power producers [4]. - He cautioned stakeholders in the sector to provide actual cost figures and savings when discussing the advantages of AI compute in space, urging skepticism towards the hype surrounding orbital datacenters [4]. Group 3: Regulatory Developments - The Federal Communications Commission (FCC) has invited SpaceX to comment on its plans for orbital datacenters, which involve deploying over 1 million Non-Geostationary Satellites (NSGO) at altitudes between 500-2000 km above Earth [5].