Articles in this Cluster
19-12-2025
Trump Media & Technology Group (TMTG), the company behind Donald Trump's Truth Social platform, is merging with TAE Technologies, a Google-backed energy company, in a deal valued at over $6 billion. The merger aims to create one of the world's first publicly traded fusion companies, with plans to construct the world's first utility-scale fusion power plant next year. Fusion power is a method of generating energy from nuclear fusion reactions, releasing vast amounts of energy with little radioactivity. The combined company will have a nine-member board, with Trump Media's CEO Devin Nunes as co-CEO. TAE Technologies has raised over $1.3 billion in funding from investors like Google and Goldman Sachs. The deal marks a significant shift for Trump Media from social media to the energy sector.
Entities: Donald Trump, Trump Media & Technology Group (TMTG), TAE Technologies, Google, Devin Nunes • Tone: neutral • Sentiment: positive • Intent: inform
19-12-2025
The Bank of Japan raised its benchmark interest rate to 0.75%, the highest level since 1995, in line with economists' expectations. Japan's Nikkei 225 rose 1.03% following the rate hike, while the yen weakened 0.33% against the US dollar. Other Asian markets also saw gains, with South Korea's Kospi and Australia's S&P/ASX 200 rising 0.65% and 0.39%, respectively. The rate hike comes as inflation has remained above target levels for nearly four years. Analysts believe the government's acceptance of interest rate hikes is centered on the Ministry of Finance's concerns about yen depreciation. The US S&P 500 also rose 0.79% overnight, driven by lighter-than-expected inflation data and strong guidance from Micron Technology.
Entities: Bank of Japan, Japan, Nikkei 225, Ministry of Finance, Ken Matsumoto • Tone: neutral • Sentiment: positive • Intent: inform
19-12-2025
The article discusses the U.S. Consumer Price Index (CPI) report for November, which showed a lower-than-expected inflation rate of 2.7%. However, the report's accuracy is questioned due to the U.S. government shutdown affecting data collection. Despite this, U.S. stocks rebounded on Thursday, with the S&P 500 and Dow Jones Industrial Average snapping four-day losing streaks. Other news includes TikTok's plan to create a U.S. joint venture and Nvidia and Alphabet's investment in a coding startup. European central banks' interest rate decisions were also reported.
Entities: U.S., CPI, Bureau of Labor Statistics, Jerome Powell, Evercore ISI • Tone: neutral • Sentiment: positive • Intent: inform
19-12-2025
The U.S. inflation numbers for November 2025 were released, showing a lower-than-expected annual headline rate. However, experts caution that the report may not be entirely reliable due to the government shutdown affecting data collection. The Bureau of Labor Statistics (BLS) noted that certain data were 'carried forward' from previous months, and some categories had 'zero inflation' imputed. Despite these concerns, investors reacted positively to the report, with major indexes rising. Other global market news included Japan's Nikkei 225 jump, the Bank of Japan's interest rate hike, India's ICICI Prudential shares surging in their trading debut, and the European Union approving a $105 billion aid package for Ukraine.
Entities: United States, Bureau of Labor Statistics, Federal Reserve, Jerome Powell, Evercore ISI • Tone: neutral • Sentiment: negative • Intent: inform
19-12-2025
The article provides updates on US-China trade and business relations, including the US launching a review of Nvidia's H200 chip sales to China, China cutting US Treasury holdings, and the US signing a defence bill restricting investment in Chinese tech and military firms. Other topics include the US-China trade war, TikTok's deal with an American investor group, and China's soybean imports. The article also touches on the US Federal Reserve's rate cut and China's sovereign fund opening a London office.
Entities: US, China, Nvidia, Donald Trump, Taiwan • Tone: neutral • Sentiment: negative • Intent: inform