Market Overview
The U.S. Federal Reserve left interest rates unchanged and raised the 2026 inflation outlook, causing the S&P 500, Nasdaq, and Dow to slip [3]. The hawkish tone from the Fed, with a potential rate hike in 2026, led to a decline in stocks and an increase in yields [2].
Tech News
Nvidia remains a Strong Buy, with accelerating growth, expanding margins, and valuation still at a discount to sector peers [1]. Apple is preparing a second-generation iPhone Air for spring 2027, with current prototypes featuring a second rear camera for ultrawide-angle photography [4].
Mergers And Acquisitions
Rumble announced the realignment into two core business units and renamed its newly acquired cloud and AI-infrastructure business 'Quake AI' [6]. The company also closed its acquisition of Northern Data, acquiring over 200 MW of unmonetized energy capacity [7]. SpaceX invested $60 billion in artificial intelligence coding startup Cursor [8].