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Global markets were volatile while the dollar rebounded on Tuesday in choppy trading as Donald Trump's returned to the White House.
As investors seek assets that will shine under a Donald Trump presidency, one corner of the U.S. stock market expected to benefit from the Republican's policies has been stumbling.
Taiwan Semiconductor Manufacturing Company’s fourth-quarter revenue and profit beat expectations, as demand for advanced chips used in artificial intelligence applications continued to surge.
Synthesia, a video platform that uses artificial intelligence to generate clips featuring multilingual human avatars, has raised $180 million in an investment round valuing the startup at $2.1 billion.
The S&P 500 faces its largest implied move ahead of a CPI report in nearly a year, with a potential 1% move in either direction on January 15. Robust jobs data and soaring bond yields add to the tension.
Global stocks fell on Monday, while the dollar hit 26-month peaks following a bumper U.S. jobs report that prompted investors to question if interest rates will fall at all this year, just as earnings season is about to get underway.