It’s an AI world and the Fed lives in it

Investors barely pulled back on Wednesday, despite the release of Federal Reserve meeting minutes and the ongoing US government shutdown.

It seems that discussions about interest rate cuts and bank closures were just background noise compared to the real force moving the markets now, which is artificial intelligence.

AI stocks like Nvidia have now mastered the market narrative, hitting record highs across the S&P 500 and Nasdaq.

On the other hand, Oracle became the straw that broke the S&P 500’s seven-day winning streak on Tuesday in the United States.

But, to paraphrase Spider-Man, with great power comes great scrutiny. the The Bank of England warned Valuations appear to be “stretched,” especially for AI companies, he said, adding that stock markets could be particularly vulnerable if expectations around the impact of AI become less optimistic.

For now, Wall Street remains in a state of hyperactivity, fueled by the promise of artificial intelligence and the hope that the Fed will continue to cut interest rates.

Investors may soon need to consider whether this AI-fueled rally is built on solid ground or is teetering toward the abyss.

Israel and Hamas reach a “first phase” plan. US President Donald Trump said this Both parties He “signed” the first phase of his peace plan. Under the plan, Trump said all hostages would be released and Israel would withdraw its forces to the “agreed upon line.”

HSBC intends to transform Hang Seng Bank into a private bank HSBC has announced plans to acquire its Hang Seng Bank, valuing the lender at more than HK$290 billion (over $37 billion). shares Hang Seng Bank Shares jumped 29.5% on Thursday.

Nvidia CEO surprised by ‘smart’ AMD deal CEO Jensen Huang He said Wednesday He’s surprised Advanced micro devices 10% of it was offered to OpenAI as part of A multi-billion dollar partnership Announced earlier this week. “I’m surprised they would give away 10% of the company before they built it,” he said. “Anyway, I think that’s smart.”

The S&P 500 and Nasdaq rebound to record highs. He achieved both indicators New all-time highs for the day and close Wednesday in the United States. The broad index was supported by the IT, utilities and industrial sectors. Markets were mixed In Asia. SoftBank Group shares jumped 13% After it announced a $5.4 billion deal to buy the robotics division of the Swiss engineering company ABB.

(PRO) The best ways to gain exposure to gold. As bullion After gold reached new highs, industry experts say there is still room to rise, with one analyst saying gold could reach $5,000 an ounce by 2026. Best ways to get exposure To the yellow metal.

Will Takaishi’s “Abenomics” policies weaken Yen and incite Trump’s ire?

For years, US President Donald Trump has accused Japan of engaging in “unfair trade practices” – a criticism dating back to his days as a real estate mogul.

In March, Trump again pointed at Japan, claiming that Tokyo had weakened its currency to gain an unfair trade advantage.

Now, as Abby’s stepson, Sanae Takaishiwhich is poised to lead the world’s fourth-largest economy, the same concern could rear its ugly head again.

– Lim Hui Ji