Key News:
1. Austria plans to reduce its dependence on US liquefied natural gas.
2. US Energy Secretary: Main interest in Greenland is not rare earth elements.
3. US media: Trump is one step closer to a large-scale war with Iran.
4. Saudi Humain invests $3 billion in xAI.
5. US building permits totaled 1.448 million units in December, the highest since March 2025. The New York Fed's business activity index came in at -25.7, a five-year low.
6. White House National Economic Council Director Hassett: We believe the Fed has significant room for further rate cuts. The New York Fed's tariff research is arguably the worst in the Fed's history.
Stock News:
1. The 40-day correlation between Apple's stock price and the Nasdaq 100 index fell to 0.21 last week, the lowest level since 2006.
2. Apple (AAPL.O) is ramping up its R&D efforts for smart glasses, pendants, and camera-equipped AirPods for the AI era. 3. Mark Zuckerberg will testify in court regarding allegations of social media addiction.
4. Google plans to build a new fiber optic line between the US and India.
5. Alphabet CEO Sundar Pichai announced a partnership between the Indian government and Google's DeepMind.
6. Nvidia and Meta announced a multi-year strategic partnership. Under the agreement, Meta will deploy millions of Nvidia chips.
7. Tesla (TSLA.O) announced that the first Cybercab rolled off the production line at its Texas Gigafactory.
8. Uber: Invests over $100 million in developing new high-capacity electric vehicle charging hubs.
9. According to The Information: Anthropic expects to pay at least $80 billion to Amazon, Google, and Microsoft by 2029 to run Claude AI on cloud servers.
10. Qualcomm will invest up to $150 million in India's AI Strategy Fund. 11. According to the Financial Times, JPMorgan Chase plans to open more than 160 branches in more than 30 states by 2026.
