📈 Stocks / Finance

Supermicro stock sinks amid AI demand doubts and analyst downgrade

Investors Business Daily

SMCI fell 8.9% to $37.04 after Goldman downgraded it to sell, citing margin pressure and fierce AI server competition. Alibaba’s Tsai called the AI data center market a bubble. Despite cleared SEC filings, analysts remain wary of Supermicro's demand outlook and pricing risks.

Markets drop as Trump announces 25% tariff on auto imports

CBS News

The S&P 500 fell 1.1%, Nasdaq 2%, and Dow 0.3% after Trump imposed a 25% tariff on imported cars. GM dropped 3.2%, Stellantis 3.5%, and Tesla nearly 6%. Analysts warn the move may drive car prices up by $2K–$12.2K and trigger inflation and multi-quarter economic disruption.

S&P 500 reclaims 200-day average, but history flags caution

Yahoo Finance

The S&P 500 bounced above its 200-day moving average after a 10-day dip, but history shows weak follow-through: average returns of -2.9% in 3 months. Tariff fears, weak retail data, and lowered earnings guidance from DAL, NKE, and FDX cloud near-term outlook despite recent rebound.

🪙 Crypto

GameStop adds Bitcoin to treasury as stock jumps 10%

Fast Company

GameStop's board voted unanimously to invest corporate cash, equity, and future debt into Bitcoin with no cap. The move follows a Q4 net income rise to $131.3M and aligns with Trump’s pro-crypto stance. Shares rose 15% intraday before settling up 10% despite BTC dropping 1.6%.

🌎 Global Economy

UK slashes welfare amid growth downgrade and rising debt

The Guardian

Chancellor Rachel Reeves announced deeper welfare and public sector cuts to offset a £4.1B fiscal gap after 2025 UK growth was halved to 1%. Despite backlash, Reeves upheld fiscal rules and pledged £2B/year for infrastructure, while OBR credited planning reforms with a £15.1B GDP boost.

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