1. We are seeing rotation into European stocks.

2. European stocks are breaking out of the sideways channel.

The newfound tailwinds may last longer as traders are back buying stocks after selling heavily in the weeks before the inauguration.

For now, the market is relieved that the trade-war is not launched with the US.

3. GE Vernova saw orders for natural gas turbines more than double to 20 gigawatts last year and “we expect 2025 to be even stronger,” CEO Scott Strazik says in interview.

“The company has been holding conversations with the Trump administration, and there is an understanding that there’s a need to build transmission and gas generation.”

GE Vernova designs, manufactures, delivers, and services technologies to create a sustainable electric power system, enabling electrification and decarbonization. Its segments include Power, Wind, and Electrification.

It has approximately 55,000 wind turbines and 7,000 gas turbines.

GE Vernova is GE’s power spinoff and shares have tripled since their debut about nine months ago, and are up nearly 30% in January alone.

4. Netflix has won the streaming war.

5. President Trump promised to fill America's Strategic Petroleum Reserve "right to the top."

At market prices, buying all that oil would cost nearly $23 billion, a hefty bill for an administration that says it is bent on cutting the federal budget.

Source: WSJ

6. India’s answer to Trump’s “Stargate” announcement.

Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand.

The facility would dwarf the current largest data center, Microsoft’s 600-megawatt site in Virginia, Bloomberg reported Friday. The project could cost between $20 billion to $30 billion, the report added.

Also, Microsoft is investing $3 billion in India’s cloud and AI infrastructure over the next two years. The tech company plans to not only build new data centers but also to train and upskill some 10 million people in India in the field of artificial intelligence by 2030.

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