Andrew Ross SorkinFollowing a strong U.S. equity rally in 2024, global markets are now attracting investor attention, particularly in Europe and China. U.S. stocks lag behind, with modest gains compared to surging overseas indices. Investors are increasingly seeking opportunities in emerging markets, noting that diversification beyond the U.S. is becoming strategically important once more.
Andrew Ross SorkinPresident Trump defended his tariff-driven strategy in his State of the Union address, despite a Supreme Court ruling limiting his authority under the International Emergency Economic Powers Act. The administration adapted by implementing a new 10% universal tariff. This shift has created uncertainty in global markets and affected ongoing trade negotiations.
Andrew Ross SorkinCoreWeave shares fell 8% post-revenue guidance below analyst expectations despite a 110% year-over-year revenue increase. The company reported a wider-than-expected fourth-quarter loss but anticipates strong growth for 2026. Supply issues persist, notably with Nvidia chips. CoreWeave aims aggressive capacity expansions and increased capital expenditure, reflecting rising AI demand.
Andrew Ross SorkinIn recent years, ultra-wealthy family offices have increasingly favored direct investments in private companies over traditional private equity funds. Many now adopt a hybrid approach, co-investing alongside funds to balance independence with practicality. While this strategy offers reduced fees and quicker capital deployment, families face limitations in governance and decision-making, necessitating careful management of opportunities.
Andrew Ross SorkinAlphabet’s fourth-quarter results surpassed Wall Street expectations, driven by a 48% increase in cloud sales. However, plans for significant capital expenditures led to a 3% drop in shares. The AI sector faced challenges, with AMD’s stock falling 17.3%. Mixed market performance continued, while geopolitical tensions and economic strategies unfolded globally.
Andrew Ross SorkinJenny Just, a successful options trader and fintech entrepreneur, reflects on her career’s setbacks due to a late introduction to poker. She advocates teaching the game to young women to enhance decision-making and risk assessment skills. Just believes early poker training can reshape women’s career paths and boost confidence in high-stakes environments.
Andrew Ross SorkinBitcoin experienced a significant decline, nearing $72,000, reflecting a 5% drop within two days. Analysts cite geopolitical uncertainties and evolving economic expectations as key factors. Institutional sell-offs have exacerbated the situation, leading to over $12 billion in outflows from exchange-traded funds. This downturn affects the broader cryptocurrency market.
Andrew Ross SorkinOver the past decade, U.S. investors faced disappointing returns from international equities. However, since late 2024, international stocks have begun outperforming U.S. markets, prompting a reevaluation of investment strategies. Factors like currency changes, improving fundamentals in global markets, and the performance of emerging economies are encouraging a shift towards diversified global portfolios.
Andrew Ross SorkinThe U.S. Bureau of Labor Statistics has rescheduled the January employment report to February 11, following a government shutdown. The Job Openings and Labor Turnover Survey will now be released on February 9. Other economic indicators, including the consumer price index, are also delayed. Economists expect a rise in nonfarm payrolls by 60,000 jobs.
Andrew Ross SorkinE.l.f. Beauty exceeded third-quarter expectations, reporting adjusted earnings of $1.24 per share and revenues of $490 million, leading to a 15% surge in shares. The acquisition of Rhode significantly boosted sales, prompting an increase in the full-year revenue forecast by $42-50 million, reflecting strong international growth and market share gains.
