Business
LARRY KUDLOW: The Dow 50,000 Prosperity Rocket Ship
FOX Business host Larry Kudlow unpacks U.S. market performance under the Trump administration on ‘Kudlow.’
To quote President Trump’s Truth Social post, “Congratulations America” on Dow 50,000.
And the widely known index didn’t just crawl above 50,000, it rocketed by 1,100 plus.
And all those techie moaners and groaners have had their day in court, but they lost because they were up almost 2 percent and the broad based S&P is up almost 2 percent.
There’s always a frothy selling period, kind of a cleansing. And it’s healthy. Yet as I’ve believed for so many decades, you buy stocks for the long run. You buy the indexes or the ETFs and you hold them for the long run. And right now we have a market which is backed by very strong fundamentals.
National Economic Council Director Kevin Hassett breaks down President Donald Trump’s economic agenda as the Dow hits 50,000 and explains how growth policies aim to increase Americans’ take-home pay on ‘Kudlow.’
Yes, that’s right, profits are the mothers’ milk of stocks. And profits are strong. Future earnings estimates continue to show double digit profit gains. And this is a productivity-driven profitability,
where unit labor costs are barely above one percent, that is wages minus productivity.
It’s a decent proxy for low inflation and for that matter, for the whole Trump economic boom.
The success of the One, Big, Beautiful Bill of tax cuts, deregulation, “drill, baby, drill,” and reciprocal fair trade, is backing up the stock market.
There’s a business investment boom, called capital deepening, which is driving up productivity and real wages for middle class working folks.
And please remember there’s something like 135 million Americans invested in stocks, through 401ks or IRAs, or brokerage accounts, or even union pension funds.
And hopefully the success of the Trump savings accounts for newborns will create a generation of children who will come to appreciate not only the workings of the stock market, but also business and the entire economy and for that matter free-market capitalism.
From poverty to millionaire status, it’s all very possible. Treasury Man Scott Bessent spoke about it earlier today, noting that “Trump accounts are a generational down payment on the American dream.” He added that “each eligible American child will receive a $1,000 seed contribution invested in the U.S. stock market, giving them a tangible stake in the most powerful economy in the world.”
Mr. Bessent concluded: “As children see their the accounts grow, they learn how markets work, how patience pays off, and how financial stability builds independence”
Part of today’s stock market rally could be traced to the third straight increase for consumer confidence and a six month high.
I’m not crazy about that survey because it’s heavily weighted to Democrats. Yet maybe some of them have seen the light and will stop bellyaching about tariff inflation, and other economic evils that have not come to pass.
And even more, a good piece by Kim Strassel at the Wall Street Journal notes a sizable reduction on the outlook for a federal budget deficit.
Truist Wealth CIO and chief market strategist Keith Lerner discusses U.S. exceptionalism, investment and economic upticks on ‘Making Money.’
The Office of Management and Budget director, Russell Vought, is re-estimating a near $12 trillion reduction in the deficit outlook.
That includes $2 trillion from the One, Big, Beautiful Bill, and $5.6 trillion attributable to 3 percent or better economic growth. There is also $290 billion from tariff revenues in 2025, which comes to $4 trillion over 10 years. And all of that reduces interest expense by $1.8 trillion.
So anyway the spending curve is starting to come down for a change.
It’s all good and it’s all captured by a roaring stock market.
Congratulations, America. Enjoy it.
Business
Airport screenings resume at Asian airports following Nipah virus cases in India
Thermal screenings have been reinstated at airports in Indonesia and Asia following Nipah virus cases in India’s West Bengal, prompting quarantine measures. The WHO warns the virus’s high fatality rate (40-75%) with no current cure or vaccine. Experts note that border screenings may be ineffective due to the virus’s incubation period of up to 45 days.
Increased Airport Screenings and Concerns
Passengers arriving in Bali and other Asian countries are experiencing thermal screenings at airports again, a precautionary measure to detect the Nipah virus. This virus, carried by fruit bats and other animals, has recently prompted health alerts, especially after cases were confirmed in eastern India. Awareness of such zoonotic diseases has heightened post-pandemic, emphasizing the need for vigilance. The recent detection of two cases in West Bengal has led to quarantine measures, affecting nearly 200 people to prevent further transmission.
Dangers of the Neper Virus
The Nipah virus is highly dangerous with a high mortality rate, estimated between 40% to 75%, according to the World Health Organization. It has no current cure, vaccine, or specific treatment, making management challenging. The virus was first identified in Malaysia in 1998, with sporadic outbreaks mostly contained in Bangladesh. Its ability to spread between humans, combined with a long incubation period that can reach up to 45 days, complicates efforts to control outbreaks.
Ongoing Public Health Challenges
While the Nipah virus has not shown signs of becoming more transmissible or spreading widely, it remains a significant health threat. Experts warn that traditional airport screenings may not be entirely effective due to the lengthy incubation period, underscoring the importance of ongoing vigilance and research. Public health organizations continue to monitor the situation closely, emphasizing preventive measures and the importance of awareness to curb potential outbreaks.
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Business
Europe’s STOXX 600 rebounds in broad based gains; Stellantis plunge drags auto stocks
The pan-European STOXX 600 was up 0.9% at 617.12 points, also bouncing back from a drop earlier in the session.
Stellantis tanked 25.2%, its biggest single-day drop on record and sent the broader auto sector index down 3%.
The Franco-Italian company booked charges of around 22.2 billion euros ($26.5 billion) in the second half of last year as it scaled down electric-vehicle development plans.
Meanwhile, defence stocks were among top gainers with a 1.6% rise.
Norway’s Kongsberg jumped 15.6% after reporting a bigger-than-expected rise in operating profit for the fourth quarter. It also won a $165 million order from Germany and Sweden for remote weapon stations.
The STOXX 600 closed the week with a 1% gain, as markets navigated ups and downs driven by the corporate updates and the European Central Bank’s interest rate decision. A surprising sell-off in technology and media stocks also weighed on sentiment earlier this week. Global investors have been weighing the repercussions of newer artificial intelligence tools that are likely to intensify competition for traditional software businesses.
On the other hand, AI majors such as U.S.-based Amazon.com and Alphabet have unveiled plans to boost their spending on the technology that analysts say could benefit hardware makers.
“In the U.S., they are seeing a dislocation between software and hardware, driven by an AI theme that is boosting demand for memory, while creating challenges for software companies, and that’s the dislocation currently being priced by the market,” said Sophie Huynh, portfolio manager & strategist at BNP Paribas Asset Management, adding that much of this uncertainty was spilling over to the rest of the world.
Tech and media stocks gained 1.2% and 0.5%, respectively, on the day, but both have been the biggest laggards on the benchmark index this week. The tech sector posted its biggest weekly drop in 11 weeks.
Banks, which had rallied for much of last year, were up 1.4% on the day.
Societe Generale edged 2.2% lower after the French lender reported a sharp drop in investment banking trading revenue that underperformed rivals and overshadowed an overall forecast-beating fourth quarter.
Among individual movers, weight-loss drugmaker Novo Nordisk gained 5.3% after the U.S. Food and Drug Administration threatened action on “illegal copycat drugs”.
Norwegian telecom operator Telenor climbed 7.2% after reporting fourth-quarter earnings above analysts’ expectations.
On the economic front, German production fell more than expected in December, tempering industrial recovery hopes.
Business
Tesla Stock Falls. Play the Odds of Musk Merging It With SpaceX.
Tesla Stock Falls. Play the Odds of Musk Merging It With SpaceX.
Business
Jahnke, director at Zurn Elkay, sells $902,876 in stock

Jahnke, director at Zurn Elkay, sells $902,876 in stock
Business
Apple Is Reportedly Working on CarPlay Support for ChatGPT, Claude, and Gemini

Apple is reportedly working on allowing AI chatbots like ChatGPT, Claude, and Gemini in its CarPlay system.
Should this become a reality, what happens to Siri?
Apple Reportedly Works on AI Chatbot Integration
According to Bloomberg’s Mark Gurman, the support for third-party AI apps is expected to arrive in the coming months.
The support will reportedly allow CarPlay users to ask these AI apps questions hands-free. However, it should be noted that users may need to open an app in order to access their preferred chatbot.
MacRumors notes in its report that app developers will be given the opportunity to design in-car experiences that will be the ones to launch the voice-based chat mode upon opening of the app.
What Happens to Siri?
There’s no need to worry about Siri as this change is not meant to replace the AI assistant.
The support for third-party AI chatbots will have limitations. MacRumors reports that the support will not have a wake word, which makes opening the app of their chosen AI chatbot necessary in order to use the function.
As of press time, Apple has not confirmed if it is indeed working on support for third-party AI chatbots in CarPlay.
However, Apple Insider points out that the slow rollout of the new Siri may have been a contributing factor to the reported decision to provide support for such apps.
Originally published on Tech Times
Business
Ilan Ganot, Solid Biosciences director, sells $46k in shares

Ilan Ganot, Solid Biosciences director, sells $46k in shares
Business
US appeals court upholds Trump’s immigration detention policy

US appeals court upholds Trump’s immigration detention policy
Business
Cathie Wood’s ARK Funds Buy the AMD Stock Drop
Cathie Wood’s ARK Funds Buy the AMD Stock Drop
Business
Smith, Rhythm Pharmaceuticals CFO, sells $702k in RYTM stock

Smith, Rhythm Pharmaceuticals CFO, sells $702k in RYTM stock
Business
innoscripta SE 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:INNTF) 2026-02-06
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
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