Stocks pop on cool inflation, hot bank earnings — plus, new rules on biotech exports to China

• Bitcoin touches $100,000 again as a cool inflation reading fuels risk appetite

  Bitcoin extended its rebound on Wednesday, touching $100,000 after another encouraging inflation report stirred risk-on appetite.
  
  CNBC - 1h

• UK inflation unexpectedly cools to 2.5%, core price print slows further

  U.K. inflation fell to a lower-than-expected 2.5% in December, with core price growth slowing further, according to data released by the Office for National Statistics.
  
  CNBC - 14h

• US imposes export controls on chips for AI to counter China

  American semiconductor industry warns move will aid competitors while EU has also protested against the new rules
  
  Financial Times - 2d

• How to assess Broadcom's China risk — plus, an economic-proof stock gets Wall Street love

  The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
  
  CNBC - 2d

• JPMorgan, Citi, Wells Fargo and Goldman’s earnings results may boost banks stocks further

  The largest banks in the U.S. may justify further gains in stock prices if their earnings updates in the coming days include any upside surprises around loan growth or a boost from lighter ...
  
  MarketWatch - 2d
• 

  Export-Import Bank launches initiative to counter China's mineral dominance

  The federal government is launching an initiative to support foreign minerals projects that exclude China as part of an effort to bolster U.S. supply chains. The Export-Import Bank (EXIM), a ...
  
  The Hill - Jan. 8

• Bank of England to relax rules for banks and insurers

  PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulation
  
  Financial Times - Jan. 8

• Nvidia, chip stocks pop after Foxconn reports record revenue

  Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.
  
  CNBC - Jan. 6

• US investors in China venture funds race to comply with new tech rules

  Financial institutions rush to secure assurances their money is not being used to develop Chinese technology
  
  Financial Times - Jan. 1

More from CNBC

• TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell

  Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.
  
  CNBC - 17m

• Israel and Hamas reach Gaza ceasefire and hostage deal

  A ceasefire and hostage deal between Israel and Hamas has been reached in the bloody war in Gaza.
  
  CNBC - 1h

• Hindenburg Research founder says he's closing short-seller research shop

  Hindenburg took on companies including Nikola and Carvana and financial titan Carl Icahn as a short-seller.
  
  CNBC - 38m

• JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive

  Fresh off a record year for profit and revenue, JPMorgan is facing questions over what CFO Jeremy Barnum admitted was excess capital.
  
  CNBC - 1h

• Here's the inflation breakdown for December 2024 — in one chart

  The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
  
  CNBC - 3h

More in Business

• Here’s how many red gummy bears you’d have to eat to get too much Red No. 3 dye

  Nutritionists discuss which foods contain the red dye now banned by the FDA — and how much could be safe to consume.
  
  MarketWatch - 8m

• Here’s how many red gummy bears you’d have to eat to get too much Red No. 3 dye

  Nutritionists discuss which foods contain the red dye now banned by the FDA — and how much could be safe to consume.
  
  MarketWatch - 8m

• TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell

  Business moguls should be prepared to spend tens of billions of dollars for TikTok's U.S. operations should parent company ByteDance decide to sell.
  
  CNBC - 17m

• Influential activist short-seller firm Hindenburg Research says it is shutting down

  Founder Nathan Anderson says he and his team are ready to move on to the next chapter in their lives after just eight years.
  
  MarketWatch - 17m
• 

  Badenoch to call Labour policies ‘vandalism’ in firebrand speech

  Conservative leader will single out chancellor Rachel Reeves in criticism of government
  
  Financial Times - 26m