Speaking on Wednesday, Mr Powell said that the court battle “is perhaps the most important legal case in the Fed’s 113-year history”.The investigation into Mr Powell comes after Mr Trump tried to sack Fed governor Lisa Cook over unproven allegations of mortgage fraud, a move that she is contesting in the Supreme Court.“This is the route by which inflation creeps up gradually, and then you find yourself with a problem which only a deep recession can solve.”“I do think that the current situation is a challeng ...

>> "BLOOMBERG TECHNOLOGY" IS LIVE FROM COAST-TO-COAST COME UP WITH CAROLINE HYDE IN NEW YORK AND ED LUDLOW IN SAN FRANCISCO. ED: THIS IS "BLOOMBERG TECHNOLOGY." AMAZON CUT 16,000 OF CORPORATE JOBS TO INCREASE OWNERSHIP. CAROLINE: POSTING STRONG FOURTH-QUARTER EARNINGS.ED: SOFTBANK IS IN TALKS WITH INVESTORS AS MUCH AS 30 BILLION DOLLARS MORE INTO OPENAI. CAROLINE: LET'S CHECK IN ON THE MARKETS. AN INTERESTING WHIPSAW.AT ONE POINT, WE SAW THE S&P 500 ABOVE THAT $7,000 LEVEL. WE HAD NEVER SEEN THAT BEFORE. TH ...

The semiconductor rally really isn't slowing down right now. There's so many movers. Seagate up 15%.Texas Instruments up uh over oh 8% right now. We really got a trifecta of earnings from chip equipment makers and memory suppliers all saying the same thing. AI infrastructure demand is still running hot.ASML was the big one. Orders came in nearly double what analysts had expected. China revenue dropped to 20% of sales, which sounds bad from the low30s last year, but that's what the street wanted.They wanted ...

from an investor perspective what should they expect is that is that streamlining of headcount do we expect job losses as a result of that >> so I want to tell I won't tell you too much on that now we can ask a question a bit later today because we we are talking with our folks as we speak uh the one thing I can tell you is that you know we are doing great uh and we are very happy with that but even great company needs to improve and you know we got the feedback from our employee from our customer or a supp ...

>> TECH IS GOING TO CONTINUE TO BE THE MAIN EARNINGS GROWTH DRIVER. >> INVESTORS ARE FOCUSED AT WHO IS AT THE CENTER OF THE AI WORKLOAD. >> VALUATIONS ARE HIGH. >> THERE IS A HIGH BAR FOR EARNINGS TO JUMP OVER A. >> YOU WILL SEE SIGNIFICANT MULTIPLE COMPRESSION. >> BLOOMBERG SURVEILLANCE WITH JONATHAN FERRO, LISA ABRAMOWICZ, AND ANNMARIE HORDERN. JONATHAN: LIVE FROM NEW YORK CITY, GOOD MORNING, GOOD MORNING. BLOOMBERG SURVEILLANCE STARTS NOW. COMING INTO WEDNESDAY WITH LIMITED PUSHBACK. PRES. TRUMP: I WANT ...

Shares in ASML, Europe's most valuable company, soared to the highest ever after the chip equipment maker announced blowout sales — and a round of job cuts to boost efficiency@TomMackenzieTV looks at the numbers https://t.co/hLss89ZN7C https://t.co/6Aj7EpTbAa ...

Core Viewpoint - Jim Cramer has shifted his opinion on Alphabet Inc. (NASDAQ:GOOGL) from cautious to enthusiastic, highlighting its diverse business segments and strong performance in the AI sector [2]. Group 1: Stock Performance - Alphabet Inc. (GOOGL) shares have increased by 73% over the past year and by 5.8% year-to-date [2]. - Keybanc raised the firm's share price target to $360 from $330, maintaining an Overweight rating [2]. Group 2: Business Segments - The company has multiple business segments, including YouTube, Gemini, and Search, which contribute to its overall growth [2]. - AI capabilities are emphasized as a significant factor in Alphabet's competitive advantage, with the firm having the necessary computing capacity and scale [2]. Group 3: Investor Sentiment - Investor sentiment around AI had previously been pessimistic, but has since improved, contributing positively to Alphabet's stock performance [3]. - Bristlemoon Global Fund noted that Alphabet's performance has meaningfully contributed to the fund's returns, reflecting a shift in investor confidence [3].

Market Overview - Technology stocks have driven U.S. markets higher for the second consecutive day, with investors positioning ahead of major tech earnings and the Federal Reserve's interest rate decision [2][25] - As of the latest update, Dow futures rose 0.04%, S&P 500 futures increased by 0.37%, and Nasdaq futures climbed 0.95% [3][26] - The MSCI global stock index is hovering near record highs, with the Nasdaq 100 index futures approaching last October's record [3][26] - The overall optimistic market sentiment is attributed to expectations that the Federal Reserve will maintain its current interest rates, with pricing indicating potential rate cuts in 2026 [3][26][27] Sector Performance - The technology sector is expected to continue driving market gains, with UBS Wealth Management's Chief Investment Officer suggesting that the current rebound is not over yet [4][27] - Semiconductor equipment manufacturer ASML reported a significant increase in orders, leading to a 7.5% rise in its stock price [3][26] - Asian tech stocks also saw gains, influenced by SoftBank's discussions to invest $30 billion in OpenAI [3][26] Individual Stock Movements - Seagate Technology shares rose over 10%, Western Digital increased by 7.5%, SanDisk gained 5.2%, and Micron Technology saw a nearly 4% rise in pre-market trading [12][33] - Starbucks stock jumped 10% after reporting first-quarter net revenue exceeding expectations [34] - Texas Instruments shares rose over 7% with Q4 revenue and Q1 guidance surpassing forecasts [35] - AT&T's stock increased by 3.4% following a higher-than-expected annual earnings forecast [36] - Intel shares continued to rise by 4.8%, reportedly due to Nvidia's plans to shift some chip production to Intel [37] - C3.ai stock surged over 11% as it discusses a merger with Automation Anywhere [38] Economic Indicators - The U.S. dollar index rose 0.25% to 96.16 after previously hitting a four-year low [31] - Gold prices surged to over $5,280 per ounce, reflecting increased geopolitical and economic risks [10][32] - Brent crude oil futures reached a four-month high, slightly above $68 per barrel [32]

♪ ANNOUNCER: NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE" WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING, EVERYONE, WELCOME TO "THE PULSE," I’M FRANCINE LACQUA IN LONDON.ASML, THE TOP MAKER OF SEMICONDUCTOR SMASHED EXPECTATIONS BUT THE DOLLAR AT THE LOWEST LEVEL SINCE 2022 FUELED BY PRESIDENT TRUMP’S COMMENTS SAYING HE’S COMFORTABLE WITH ITS RECENT DECLINE. PRES. TRUMP: IT’S GREAT.LOOK AT THE VALUE OF THE DOLLAR, LOOK AT THE BUSINESS WE’RE DOING. I COULD HAVE IT GO UP OR GO DOWN LIKE A YOYO. FRANCINE: WE ...

Five things to know ahead of today's opening bell. The Fed will announce its latest interest rate decision. That's coming at 2 PM Eastern time.Investors expecting no change in the federal funds rate, but we will be paying close attention to Fed Chair J Pal's news conference for any clues about the future of rate paths. Elephants Health, formerly known as Anthem, out with its fourth quarter results. Those earnings beat expectations.revenue was a little bit light. Eleance shares though were down 14% yesterday ...