📈 Stocks / Finance

Tariff Relief Sparks Market Rebound

CNN

U.S. stocks rallied after the Trump administration announced a one-month exemption on auto tariffs for Canada and Mexico. The Dow gained 486 points, while GM, Stellantis, and Ford surged 7.21%, 9.24%, and 5.81%, respectively. Despite the rebound, trade tensions and inflation risks continue to drive market volatility.

Palantir's Valuation Rebounds Amid Government Contracts Focus

TradingView

William Blair upgraded Palantir (PLTR) to Market Perform, citing improved valuation after a steep decline. The firm projects 31% sales growth in 2025 with 45% operating margins. Despite efficiency gains, reliance on government contracts poses risks, with analysts debating whether long-term growth justifies its premium valuation.

MongoDB Falls 16% as Guidance Misses Wall Street Targets

Investor’s Business Daily

MongoDB stock dropped over 16% despite surpassing Q4 earnings expectations, with adjusted EPS of $1.28 on $548.4M in revenue. Sales rose 20% YoY, but full-year guidance missed estimates, with EPS projected at $2.44-$2.62 vs. $3.38 expected. Shares, up 13.5% YTD, have slid 35% in 12 months.

🪙 Crypto

Senate Overturns Crypto Tax Reporting Rule

PYMNTS

The Senate voted 70-27 to repeal a rule requiring crypto platforms to report customer transactions to the IRS, a move expected to cost $3.9 billion in lost revenue over a decade. Supporters see it as a win for the industry, while critics warn it could drive digital assets into the shadows and hinder tax enforcement.

🌎 Global Economy

Capital Shifts: US Market Loses Its Edge

Reuters

A weakening US economy, escalating trade wars, and aggressive European and Chinese fiscal policies are driving investors away from US assets. European stocks are up nearly 9%, Hong Kong tech surged 30%, and the euro hit a four-month high. US tech megacaps fell 12% as China's AI and digital economy gain ground.

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