Trump Tariffs Rattle Markets, Dow Falls 650 Points

5 articles I'm watching carefully

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Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Google Faces AI Headwinds as Meta Pulls Ahead

Morgan Stanley projects Google's generative AI revenue to hit $59B by 2028 (49% CAGR), but Meta is expected to reach $101B (67% CAGR). Google stock is down 10% in 2025, pressured by DoJ scrutiny and AI competition from OpenAI. Institutional ownership has weakened, and its RS rating stands at 76.

Trump Tariffs Rattle Markets, Dow Falls 650 Points

U.S. stocks plunged as Trump's tariffs on Canada and Mexico take effect, with the Dow losing 650 points. The S&P 500 posted its worst drop of the year, while the VIX surged. Treasury yields slid to 4.16%, signaling economic uncertainty. Analysts warn of rising costs, trade retaliation, and continued volatility.

Housing Market Diverges as Florida Inventory Surges

U.S. housing supply rose to 3.7 months in January, the highest in six years, signaling a shift toward buyers. Florida's market is leading this trend, with 172,209 homes for sale—the most since 2012—while Northeast cities like Rochester still see tight supply. Rising mortgage rates, taxes, and insurance costs are pressuring sellers.

🪙 Crypto

Bitcoin Faces ETF Outflows Amid Recovery

Bitcoin traded near $92,000 after a weekend rally but faces institutional weakness as US spot ETFs saw $2.39B in net outflows. Trump's proposed 'Crypto Strategic Reserve' briefly boosted sentiment. QCP Capital notes BTC remains near its multi-month range low, with volatility elevated and put skew persisting into March.

🌎 Global Economy

Energy Markets in 2025: Volatility, Investment, and Policy Shifts

Energy markets face heightened volatility in 2025, driven by Trump's trade tariffs, geopolitical shifts, and OPEC+ production constraints. Global GDP growth is projected at 3%, with tariffs potentially cutting 50 bps. Energy investment is set to exceed $1.5T, but renewables growth remains stagnant at 50% of total spend. Brent crude is expected to average $70-$75/barrel.

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