UBS noted that its proprietary viewership tracker shows a rebound in consumption following a slowdown linked to Netflix’s paid-sharing crackdown and delayed content releases.
U.S. stocks surge after Trump hints at trade progress, easing fears of disruption. S&P 500 up 3%, tech-heavy Nasdaq 100 outperforms. Semiconductors lead sector rally.
Technology and Communication Services stocks are outpacing the broader market on Monday amid a volatile session for U.S. equities related to tariff headlines.
The provision allowed products less than $800 to enter the U.S. without duties and inspection, and was widely used by e-commerce sites like Temu and Shein.
Meta is set to ramp up capital spending by 50% to $60 billion to $65 billion in 2025, with the bulk of the expenditure growth going into increased generative AI efforts and the core business.
Following the worst quarterly performance for U.S. stocks in over two years, caution dominated Wall Street as investors awaited details on the tariff plans expected from the Trump administration on Wednesday.
Risk sentiment remains under pressure at the start of the week on Wall Street, with tech-heavy indexes sliding while commodities advance, as traders fear a new wave of price pressures following the upcoming tariffs announcement.
