Core Viewpoint - The Trusted Tech Alliance (TTA) has been launched by 15 leading global technology companies from 10 countries to promote a reliable technology ecosystem based on shared principles of transparency, security, and data protection, addressing the growing skepticism towards digital technologies and their societal impacts [1][2]. Group 1: Alliance Formation - The TTA was announced at the Munich Security Conference, with members including Anthropic, AWS, Google Cloud, Microsoft, and others, aiming to collaborate across borders [1]. - The alliance is formed in response to unprecedented technological changes and increasing demands for reliability and resilience in technology services [1]. Group 2: Principles of the Alliance - The TTA members have agreed on five specific principles: 1. Respect for the rule of law and data protection 2. Open, cooperative, inclusive, and resilient digital ecosystem 3. Strong supply chain and security oversight 4. Operational transparency, secure development, and independent assessment 5. Transparent corporate governance and ethical conduct [1][2]. - These principles emphasize the need for robust corporate governance and ethical behavior, ensuring technology is developed and managed responsibly throughout its lifecycle [1]. Group 3: Commitment to Collaboration - The alliance aims to work with governments and clients to enhance public trust in emerging technologies, thereby fostering job creation and economic growth [1]. - Members are committed to adhering to strict global security standards and supporting an open and cooperative digital environment that encourages innovation [1][2]. Group 4: Industry Perspectives - Leaders from various member companies expressed their commitment to the alliance, highlighting the importance of collaboration in building a secure and reliable digital infrastructure [2]. - Statements from executives emphasize that no single company or country can build a secure digital infrastructure alone, and that trust and security must be achieved collectively [2].

Technologies."Kein einzelnes Unternehmen oder ein Land kann allein einen sicheren und vertrauenswürdigen digitalen Stack aufbauen. Vielmehr können Vertrauen und Sicherheit nur gemeinsam erreicht werden. Deshalb haben wir gemeinsam mit gleichgesinnten Branchenkollegen die Trusted Tech Alliance ins Leben gerufen – eine Initiative, die sich für überprüfbare Vertrauenspraktiken im gesamten digitalen Bereich einsetzt", sagte Börje Ekholm, Präsident und Geschäftsführer von Ericsson."Google Cloud verpflichtet sich ...

Economic Overview - The U.S. economy shows strength with tame consumer inflation and stronger-than-expected job growth, leading traders to adjust their expectations for rate cuts, resulting in lower two-year yields [1][3][4] - The labor market's strength is questioned, with suggestions that job growth numbers may be overstated by approximately 60,000 per month, indicating caution regarding future rate cuts [3][12] Inflation and Federal Reserve Policy - Recent inflation data is viewed as encouraging, with both headline and core inflation moderating, although core services continue to exert upward pressure on inflation [8][9] - Federal Reserve officials, including Governor Stephen Myron, advocate for lower interest rates, citing supply-driven changes in the economy that could support growth [5][6] - The market is pricing in a 50% chance of a third rate cut by December, but some analysts believe this is an overreaction to recent data [11][12] Bond Market Dynamics - The two-year yield has reached its lowest level since September 2022, reflecting the market's sensitivity to Federal Reserve policy [4][8] - A significant rally in the two-year note has been observed, although it remains within a tight range [4][8] - The dollar has been declining, with investors diversifying into other markets, particularly emerging markets, as the Fed eases and global economic growth continues [17][18] Corporate Debt Issuance - A surge in reverse Yankee bond sales has been noted, with U.S. companies like Alphabet and Goldman Sachs raising funds in non-dollar markets, indicating a trend towards diversifying funding sources [72][76] - The scale of recent bond sales includes Alphabet's £5.5 billion deal and Goldman Sachs' €7 billion financial bond, both experiencing strong demand [73][74] - Companies are seeking to diversify their funding to avoid pushing up borrowing costs in their home markets [76] Market Sentiment and Future Outlook - The current market environment is characterized by a mix of strong issuance and cautious investor sentiment, with credit spreads beginning to widen slightly [91][92] - Analysts suggest that while issuance may continue, there is a growing dispersion in performance among different sectors, particularly in tech and financials [93][94] - The structural increase in supply from tech companies is expected to impact spreads, with a potential regime change in how tech bonds are perceived by investors [96][115]

Key TakeawaysAmazon (AMZN) shares fell for a ninth straight session, the longest losing streak since 2006, erasing $470 billion in market value.Spot gold prices surged nearly 2% to hit a historic milestone of $5,019.69/oz as investors seek safety amid tech volatility and trade uncertainty.The US Supreme Court has designated February 20, 24, and 25 as opinion days, with a high-stakes ruling on President Trump’s signature tariffs looming.Former President Donald Trump issued a full endorsement for Hungarian Pr ...

Stock Market Reels From 'Sell First, Ask AI Questions Later' Tech Slump - Barron'sSkip to Main ContentThis copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.# Stock Market Reels From 'Sell First, Ask AI Questions Later' Tech SlumpBy [Martin Baccardax]ShareResize---ReprintsIn thi ...

Core Viewpoint - Zelos is leveraging Alibaba's artificial intelligence capabilities and logistics network to enhance its technology and gain a competitive edge in the industry [1] Group 1 - The industry focus is primarily on achieving profitability, while Zelos is adopting a different strategy by utilizing advanced technologies [1]

The Even so, some signs emerged in early Asian trading that markets may be able to find a foothold after the recent volatility with US equity-index futures edging up. Gold steadied on Friday after slumping 3% in its previous session with algorithmic traders appearing to amplify the precious metal’s sudden drop. Bitcoin edged higher after four days of losses.The cross-asset weakness sent investors to the perceived safety of US Treasuries, which rallied across the curve on Thursday. That pushed the US two-ye ...

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and b ...

Core Viewpoint - The combination of the expansion of artificial intelligence data centers and favorable tax provisions from recent legislation is expected to result in significantly lower tax bills for major tech companies in 2025, enhancing their profitability [1][2]. Tax Bill Reductions - Amazon's tax bill is projected to decrease from approximately $9 billion in 2024 to $1.2 billion in 2025 [3]. - Meta Platforms anticipates a reduction in its tax bill from about $9.6 billion in 2024 to $2.8 billion in 2025 [3]. - Alphabet's combined federal and state tax obligations are expected to drop from around $21.1 billion in 2024 to $13.8 billion in 2025 [3]. Profit Increases - Amazon's domestic profits are expected to rise to nearly $90 billion in 2025, reflecting an over 40% increase from 2024 [4]. - Alphabet's domestic profits are projected to increase by over 32% to $143.6 billion [4]. - Meta's profits are anticipated to reach $79.6 billion, marking a 20% increase [4]. Investment and Tax Strategy - Amazon reported investments exceeding $340 billion in the US last year, including significant allocations towards AI innovation [8]. - Meta's CFO indicated that the company is experiencing substantial cash tax savings due to the new US tax laws, which are beneficial given their investments in infrastructure and R&D [8].

Group 1: AI and Gold Market Trends - There has been a significant increase in interest surrounding artificial intelligence (AI) stocks, with companies like Vertiv benefiting from this trend [1] - Gold prices have surged by 72.5% over the past year and 156% over the last five years, indicating a strong market for the precious metal [1] - Concerns about a potential tech bubble in AI, similar to the dotcom crash, may drive more investors towards gold as a safer asset [3] Group 2: Wheaton Precious Metals Overview - Wheaton Precious Metals operates as a streaming company, providing upfront payments to mines in exchange for future gold and silver production [5][7] - The company currently has contracts with 23 mines and is involved in 25 development projects globally, forecasting a 40% increase in production over the next two years [8] - Wheaton's net earnings for the first nine months of 2025 reached $913.4 million, more than double the $440.9 million generated during the same period in 2024, highlighting the benefits of the rising gold market [9]