Trump tariff delay stimulates markets

This report is from today's CNBC Daily Open, the international markets newsletter. CNBC Daily Open keeps investors informed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

President Donald Trump on Tuesday Announce a joint venture – Stargate – with OpenAI, Oracle and Softbank pledging to invest an initial $100 billion and up to $500 billion over the next four years in US AI infrastructure.

Kevin O'Leary says the law prevents him from buying TikTok
Canadian investor Kevin O'Leary is still interested in a TikTok deal, however This is not possible under current lawHe told CNBC. Monday Trump 75-day delay to enforce the law This would effectively ban TikTok in the US, providing an “opportunity to determine the appropriate course of action.”

Netflix achieves excellent results and raises prices
Netflix shares rose sharply after the company Fourth quarter results announced Which exceeded revenue and profit expectations and exceeded 300 million paid memberships during this quarter. The company will Raising prices for most of its US plans. It will also raise prices in Canada, Portugal and Argentina.

Markets rise on Trump tariff delay
Stocks on Wall Street Interest rates advanced on Tuesday as investors assessed that Trump's first-day comments and actions on international trade were slightly weaker than initially thought. The president stopped short of authorizing new fees on his first day back in the Oval Office, so he sent the letter Dow Jones Industrial Average Up more than 500 points, or 1.24%. the Standard & Poor's 500 It rose by 0.88% Nasdaq Composite It increased by 0.64%. Asian markets were more mixed, with Japan and South Korea making gains, but Chinese markets were in negative territory.

(PRO) The stale stock market
The stock market is once again trading near record levels, but the investment landscape is full of contradictions that are difficult to balance. According to Henry Allen, a strategist at Deutsche Bank. He pointed to several parts of the market where investors appear to be betting on more optimistic potential outcomes, despite some evidence that more caution is needed.

Although he announced that he is “considering” imposing 25% tariffs on Canada and Mexico, in addition to imposing 25% tariffs on Canada and Mexico 10% customs duties on China. For reference, the 47th president threatened to impose global tariffs of between 10% and 20% and a massive 60% tariff on China during the election campaign.

Investors seem to have made good use of Trump's first day. With major US indices rising on Tuesday.

“President Trump’s policy announcements on his inauguration day on tariffs were more moderate than expected,” Alec Phillips, chief U.S. political economist at Goldman Sachs, said in a note to clients. “Right now, this is a lower priority than we expected.”

For its part, China tried to discourage Trump from imposing tariffs With the words of Vice Premier Ding Xuexiang At the World Economic Forum in Davos, he said: “Protectionist measures are going nowhere. (A) Trade war has no winners.”

Deng pointed to a speech by Chinese President Xi Jinping in 2017: “Pursuing protectionism is just like locking oneself in a dark room. The wind and rain may be kept outside, but so are the light and air.”

Tariffs could weaken Trump's idea of ​​a “golden age” for the United States last year, Morgan Stanley's chief economist warned that tariffs would “significantly” reduce US growth in 2026.

One might say that with Trump, tariffs would be like sowing the wind and reaping the hurricane.

— CNBC's Alex Haring, Brian Evans, Evelyn Cheng and Li Ying Shan contributed to this report.