Daily high-profit, low-loss assets: the news that moves markets, and the tickers it moves.
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The Federal Reserve raised rates 25bp and the Bank of Japan followed to 1.25% — a 31-year high. Wall Street ended the week mixed, bitcoin lurched higher, and the yen’s slide forced a reported rate check.
Warren Buffett, 96, stepped down as Berkshire Hathaway chairman and became chairman emeritus, with son Howard taking the chair. Greg Abel runs the company — and Buffett framed the split as culture versus operations.
UBS now models AI capex at $998bn this year, up from $506bn in 2025, and $1.447tn in 2027. Memory spending alone is forecast to go from $71bn to $923bn — about 60% of this year’s entire increase.
Bitcoin jumped above $81,000 after trading near $76,400 a day earlier, up 5.6% and back above $80,000 for the first time since Sept 7 — even as the Fed and BOJ both hiked and a US crypto bill stalled.
Goldman kept its $5,400/oz gold forecast for end-2027 despite this week’s Fed hike, as Saudi Arabia issued air-raid alerts with Bab el-Mandeb traffic falling to 26-35 vessels a day.
The State Department approved a $2.7bn military sale to Ukraine covering S-300 clone missiles, GAM-67 missiles, laser-guided rockets, launcher modification kits and counter-drone radars — financed by European contributions plus US Foreign …