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In today's big history, a trade agreement with the United Kingdom has excited Wall Street, but not everyone is convinced Things are directed in the right direction.
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What's on deck
Markets: In Milken, billionaire and the concerns of CEOs concerning the economy did not stop the party.
Technology: Google rejects the assertions that it is Losing research against AI.
Business: Panasonic cuts 10,000 jobs In order to stimulate efficiency.
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The great story
The art of the trade agreement
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President Donald Trump seems to be entering the next stage of his high -range trade war, and investors love it.
Trump announced a trade agreement on Thursday with the United Kingdom which, according to its administration, would bring Opportunities worth $ 5 billion to American exporters.
The first agreement concluded since the day of the Liberation of Trump – when the prices have been largely implemented – was a sufficient reason for investors to celebrate, Sending major indexes.
But it was not only the British agreement that had excited Wall Street. By announcing the Truth Social Agreement, Trump clearly indicated that he had not finished resolving commercial disputes.
“This agreement shows that if you respect America and provide serious proposals to the table, America is open to business. Many others to come – stay attentive!” Trump said about the social media.
Trump's message seemed to confirm what many believed for a long time: the threat of prices was simply Trump negotiation tactics To obtain better commercial conditions.
(Alice Tecotzky of Bi previously read Trump's “The Art of the Deal” to see how they compared her approach to prices. There were a lot of dishes to take away.)
Michael Nagle / Bloomberg via Getty Images
A trade agreement is still far from resolving the whole trade war.
Investors are eager to find signs of suspended prices, certain prices Win for the United States before the United Kingdom announced.
However, there is no guarantee that other countries will also be willing to come to the table. Relations with one of the largest business partners – China – are always tense. The discussions between the two parties arrive this weekend.
Meanwhile, the risk of recession is looming. Despite solid recent economic data, some experts warn that the worst has not yet come thanks to continuous uncertainty, Writes Catherine Boudreau de Bi.
Unknowns are also Stressful anyone involved in world tradeWhich is already a fairly complex industry to start, writes Madeline Stone de Bi.
Even the president of the Fed, Jerome Powell, has recognized that the real impact of prices on the economy is still not clear when the interest rate of interest on Wednesday, to Trump dissatisfaction.
But for the moment, Wall Street is happy to win the victory. A trade agreement with the United Kingdom is better than a commercial agreement with no one.
3 things on the markets
Chesnot / Getty images
1. Bitcoin reached $ 100,000 for the first time in three months. The largest crypto in the world has seen gains after the White House trade agreement with the United Kingdom. Bitcoin is Move in accordance with other risk assets As the markets settle down.
2. A kneegish of the Trump bump goes bankrupt. The secondary market had a record number of transactions last year, and the uncertainty concerning the policies of President Trump means that demand for the former niche market should increase again. Here is what it is work as a secondary investor.
3. Has with large caps and billionaires in Milken. On stage at the Beverly Hills conference, the concerns concerning the economy were almost as omnipresent as the Viral Saratoga water bottle. Recession misfortunes did not prevent the rich of Party in privateHowever.
3 things in technology
Google AI mode Smith Collection / Gado / Getty Images
1. Things don't seem good for Google. Google challenged an Apple Exec declaration according to which the AI ​​cuts in its research. Both may Companies are right – But a recent file reveals that there is Another reason to worry on the domination of Google's search.
2. The prices have triggered a wave of iPhone upgrades, not on AI. Wall Street thought that Apple generating Apple would launch an upgrade cycle, but consumer intelligence research partners found concerns about higher prices did the trick.
3. The millennials had the shopping center; Gen Z a Pinterest. It is according to the CEO of Pinterest Bill Ready, who said that the platform was the place “Gen Z will shop” When he calls for winnings in the first quarter. Pinterest's stock jumped up to 18% after working hours on Thursday.
3 things in business
Tomohiro Ohsumi / Getty Images
1. Panasonic plans to reduce 10,000 jobs. The Japanese company, which provides batteries in Tesla through a subsidiary, plans to reduce 5,000 roles in Japan and 5,000 abroad by March 2026, which is equivalent to About 4% of his world workforce.
2. Bill Gates reproduces by giving his billions. The co -founder of Microsoft told the New York Times that he planned to Stop its foundation In 2045 – decades earlier than initially planned. He too Criticized Elon MuskSaying that he was “involved in the death of the poorest children in the world” by cutting USAID as part of his DOGE initiative.
3. Shopify wants to help sellers sail on prices. The company has just launched new tools to help traders calculate tasks and consider other price impacts, including a new website that uses AI to give advice. See how it helps sellers.
In other news
What's going on today
The Business Insider Today team: Dan Defrancesco, editor -in -chief and anchor, in New York. Hallam Bullock, editor -in -chief, in London. Grace Lett, publisher, in Chicago. Amanda Yen, assistant editor, in New York. Lisa Ryan, editor -in -chief, in New York. Ella Hopkins, assistant editor, in London. Elizabeth Casolo, stock market, in Chicago.
