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Trump's tariff caution slams dollar, lifts stocks

  • President Donald Trump announced a joint venture named Stargate, pledging to invest an initial $100 billion and up to $500 billion over the next four years in artificial intelligence infrastructure in the United States.
  • The Securities and Exchange Commission launched a 'crypto task force' to develop a regulatory framework for crypto assets, leading to a 2.4% rise in Bitcoin to over $106,000.
  • Shares of Netflix surged after the company reported fourth-quarter results that exceeded revenue and profit expectations, surpassing 300 million paid memberships during the quarter.
  • Stocks on Wall Street rose as investors reacted to Trump's softer-than-expected comments on tariffs, with the Dow Jones Industrial Average gaining over 500 points.
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