White House economic adviser Hassett: Quarter 1 GDP growth is expected to be between 2% and 2.5%.
According to The Kobeissi Letter, since reaching a record high on December 16, 2024, the cryptocurrency market has lost $1.30 trillion in market capitalization, a drop of 33%, equivalent to an average daily loss of $15.50 billion for 84 consecutive days. The Kobeissi Letter notes that this marks the largest three-month market cap correction in cryptocurrency history, and the total value of the cryptocurrency market has now fallen to its lowest level since November 6, 2024.
U.S. stocks opened lower, with the Dow down 0.42 percent, the S & P 500 down 0.28 percent and the Nasdaq down 0.2 percent. Broadcom (AVGO. O) rose 4.8 percent as the company forecast second-quarter earnings to beat expectations. Popular Chinese stocks rose, with XPeng Motors (XPEV. N) up 3.3 percent, Bilibili (BILI. O) up 3.9 percent and Alibaba (BABA. N) up 2.0 percent.
Listed miner DMG Blockchain mined 97 bitcoins in Quarter 1 of 2025, a 49% increase from the fourth quarter of 2024.
The Atlanta Fed's GDPNow model projects U.S. Quarter 1 GDP growth of -2.8% in 2025, up from a previous estimate of -1.5%.
The Atlanta Fed's GDPNow model projects U.S. Quarter 1 GDP growth of -2.8% in 2025, up from a previous estimate of -1.5%.
The Atlanta Fed's GDPNow model projects U.S. Quarter 1 GDP growth of -1.5% in 2025, up from a previous estimate of 2.3%.
According to Jin Ten, the core PCE price index in the fourth quarter of the United States was revised at an annual rate of 2.8% and the previous value was 2.7%. The PCE price index in the fourth quarter of the United States was revised at an annual rate of 2.5% and the previous value was 2.4%.
NVIDIA (NVDA. O): Quarter 1 revenue is expected to be $43 billion in fiscal 2026; the market is expected to be around $42 billion.
Citi: According to its basic forecast, (the United States) will impose a 25% tariff on copper in the fourth quarter of 2025.
Germany's fourth-quarter unadjusted GDP at an annual rate of -0.4%, expected -0.40%, and previous -0.40%.
Berkshire Hathaway's fourth-quarter operating profit was $14.53 billion, compared with market expectations of $9.87 billion.
Berkshire Hathaway's fourth-quarter cash position rose to $334.2 billion, a record high.
The Hang Seng Index Company announced the quarterly inspection results, the constituent stocks of the Hang Seng Index did not change, and the Hang Seng Technology Index was transferred to Tencent Music (01698.HK) and Horizon Robotics (09660.HK), excluding Oriental Selection (01797.HK) and ZhongAn Online (06060.HK).