Headlines

• Powell Says Fed Doesn’t Need to Be in a Hurry to Lower Rates

Fed keeps rate. “The committee is very much in the mode of waiting to see what policies are enacted. Trump replied on Truth Social “Because Jay Powell and the Fed failed to stop the problem they created with Inflation, I will do it by unleashing American Energy production, slashing Regulation, rebalancing International Trade, and reigniting American Manufacturing”

• Tesla (TSLA) Q4 Earnings 2025: Live Results, Elon Musk Comments – Bloomberg

• Tesla fourth-quarter results miss estimates as automotive revenue drops 8%

Automotive revenue drops 8%. Unsupervised FSD to come June. Discussions to license FSD. Optimus to work at factories. Profit misses estimates. Hardware 3 customers will need an upgrade for FSD to work. Digital assets value surges to $1.1b from $184m

• Trump Media surges after expansion into financial services including crypto and ETFs

The finance division Truth.Fi will venture into ETFs and crypto

• Meta shares pop after company beats on revenue

24Q4 sales jumps 21%, while net income grew 49%. Meta AI chatbot surpasses 700m monthly active users. Zuckerberg estimates 1b this year. Virtual reality segment sees a record -$4.97b in losses.

• Meta to Pay $25 Million to End Trump Lawsuit Over Jan. 6 Ban

$22m will go to the presidential library. $3m will go to lawyers.

• Meta CEO Zuckerberg: too early to predict DeepSeek impact on infrastructure

Shift to inference does not mean a reduction in overall computing, Zuckerberg said.

• Microsoft shares slip on light quarterly Azure growth

Microsoft beat estimates but reported a softer forecast. Azure revenue grew 31% YoY, down from 33%.

• DeepSeek’s global success received by Chinese with pride and glee

• Sensitive DeepSeek data exposed to web, Israeli cyber firm says

Million line of data including digital keys and user prompts were left unsecured. DeepSeek quickly handled the situation.