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Meta's Record Run Faces a Test
5 articles I'm watching carefully
Tyler Dupont
February 11, 2025
Tyler Dupont  Good morning 👋 Here's the latest news I'm tracking today. |
📈 Stocks / Finance
Meta's Record Run Faces a Test
Meta (META) stock’s 15-day winning streak, the longest among the Magnificent Seven, is at risk as shares flattened despite a broader tech rally. Unlike Nvidia, Meta dodged the DeepSeek-driven sell-off, benefiting from its AI consumer focus. Investors remain bullish despite upcoming layoffs and a 50% AI spending increase.
Tech Rebounds, Tariffs Boost Steel
Wall Street rose as tech stocks rebounded from last week's decline, with Nvidia up 3.2% and Microsoft and Alphabet gaining over 1%. Trump's 25% tariffs on steel and aluminum lifted Cleveland-Cliffs (+11.7%) and U.S. Steel (+4%). Markets await Powell's testimony and CPI data, with rate cut expectations unchanged.
Gold Surges Past $2,900 Amid Tariff Uncertainty
Gold hit a record $2,911.30 per ounce as Trump's 25% tariffs on steel and aluminum stoked trade war fears. Analysts cite inflation risks, with CPI and PPI data due this week. Fed Chair Powell's testimony may shape market direction. Bullion's rally since December could push forecasts to $3,250–$3,500.
🪙 Crypto
Crypto Market Dips as Tariff Fears Weigh on Sentiment
Bitcoin fell 1.66% to $95,000, Ethereum dropped 3.6% to $2,550, and Solana memecoins plunged 10% as Trump's new tariffs on Canada, Mexico, and China fueled uncertainty. The total crypto market cap stands at $2.25T, with investors shifting away from speculative assets. Analysts expect more volatility as trade tensions escalate.
🌎 Global Economy
Taiwan’s Semiconductor Dominance and Geopolitical Risks
Taiwan produces nearly 90% of the world’s most advanced chips, with TSMC supplying Apple and Nvidia. The industry is projected to reach £142B in 2025, fueled by AI demand. However, China's territorial claims pose a risk, as any disruption to Taiwan’s semiconductor supply could destabilize global tech markets.
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