According to Dealroom's 2024 European Tech report, mentions of "AI" in European startup pitch decks increased by over 200% between 2022 and 2024. VC funding for AI-adjacent startups surged, even as overall funding in Europe contracted. The signal was unmistakable: if you want capital, you need to speak the language of artificial intelligence.
Dutta tells Axios: "I don't think people should change their investment plans around Warsh. The Fed is bigger than any one person. At the margin, Warsh represents a bit of uncertainty." One concern is that Warsh will cut interest rates now to appease Trump even if lower rates aren't warranted, which could result in the need for increases later on.
Unless Congress passes a new continuing resolution by the end of the day, the government will "shut down" at midnight, causing turmoil in the economy. Not the smallest threat, President Trump has threatened to fire a certain number of federal workers if a shutdown happened, adding to unemployment. Investors are holding their breath waiting to see what happens, and the Vanguard S&P 500 ETF ( NYSEMKT: VOO) is retreating 0.1% premarket.
During an onstage interview at the European Central Bank Forum, Jerome Powell stated, "I do think that [the tariffs have led us to hold off on cutting interest rates]." He noted that the Fed paused its decision-making as tariffs increased uncertainty and inflation forecasts."
Despite the ongoing uncertainties in the market, including geopolitical tensions and tariffs, U.S. equities are bouncing back, showing signs of resilience under current conditions.
Greystar has highlighted that recent policy changes in Ireland have led to uncertainty in the market, prompting investors to look to other countries for housing opportunities.
Intel's warning of 'elevated uncertainty across the industry' impacted its stock, decreasing 6.8% after it provided a disappointing profit forecast despite beating early year earnings expectations.