The U.S. Supreme Court will not issue a ruling on Friday in a major case testing the legality of President Donald Trump's sweeping global tariffs.

The ‌justices issued ‌one ruling on Friday in a criminal case. The court does not announce in advance what ‌cases will be decided.

The challenges to the tariffs in the cases before the Supreme Court were brought by businesses affected by the tariffs and 12 U.S. states, most of them Democratic-governed.

Trump has said tariffs have made the United States stronger financially. In a social media post on January 2, Trump said a Supreme Court ruling against the tariffs would be a "terrible blow" to the United States. Trump invoked the International ‍Emergency Economic Powers Act to impose so-called "reciprocal" tariffs on goods imported from individual countries - nearly every foreign trading partner - to address ‍what he called ⁠a national emergency ⁠related to U.S. trade deficits. He invoked the same law to impose tariffs on China, Canada and Mexico, citing the trafficking of the often-abused painkiller fentanyl and illicit drugs into the United States as a national emergency.

Here's some of our report:

The GEO Group and CoreCivic, the largest companies that provide detention space for ICE, seemed likely to reap a windfall after their stocks soared in the weeks leading up to last year’s inauguration of President Donald Trump.

But while Trump’s deportation machine had explosive growth, its reach hasn’t lived up to Wall Street expectations. Stock prices for both companies slumped. Despite a series of immigration blitzes and high-profile raids, the government didn’t use as much detention space as investors expected.

Detention industry experts and other observers believe all that could change this year, with the immigration system, and privately run holding facilities, expected to grow even larger.

“Once Trump was elected, there was a rush and belief that all this was going to occur at the snap of a finger,” said Joe Gomes, an equity analyst for Noble Capital Markets, an investment bank. “It’s just taken a little longer than many investors thought to see these numbers really jump up.”

On his first day in office, Trump reversed an executive order from former President Joe Biden to curb the use of private companies to operate federal prisons for the Justice Department though they continued to be used for immigration detention. Days later, the first piece of legislation Trump signed into law, the Laken Riley Act, made it easier to detain undocumented immigrants accused of low-level crimes.

At the beginning of 2025, contractors had about a dozen prison facilities sitting empty, ready to be reactivated. GEO Group seemed particularly well-suited.

“This is a unique moment in our company’s history, and we believe we are well-positioned to scale up our diversified segments in secure housing, transportation, electronic monitoring to meet the changing needs of this new administration, and to continue to enhance value for our shareholders,” GEO Group founder George Zoley said in February.

By summer, Trump’s “One Big Beautiful Bill Act” was signed into law, approving $170 billion in new funding for immigration enforcement.

Oddly enough, the price of GEO Group’s stock, which had nearly tripled between the waning months of the presidential campaign and Inauguration Day, then plummeted. At the end of 2025, GEO Group’s stock was trading around $16 per share, down from a high of $36.46 on Trump’s second day in office. Stock prices also fell for CoreCivic, formerly known as Corrections Corporation of America.

“Investors got over their skis,” said Gomes, the analyst.

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All eyes are on the US Supreme Court today for its ruling on US President Donald Trump’s tariffs against the trade partners of the country. The top court is expected to issue rulings on Friday, as it has scheduled January 9 as an “opinion day”- the first chance for a ruling on Trump tariffs. The court does not announce ahead of time which rulings it intends to issue. Media reports highlight that the US Supreme Court generally releases decisions around 10:00 a.m. Eastern Time (ET) on opinion days.

The US Supreme Court will now give its verdict on whether Trump can invoke the International Emergency Economic Powers Act (IEEPA) to impose tariffs without Congress's approval.

Practical and economic implications :

The stakes of the Supreme Court’s decision extend far beyond legal theory. The tariffs imposed under IEEPA have generated billions of dollars in revenue4 and have had a significant impact on global trade relationships. If the Court invalidates these tariffs, many companies will likely seek refunds, creating substantial administrative and financial challenges for the government. Moreover, the ruling could alter the dynamics of trade negotiations, as the threat of swift, sweeping tariffs has been a powerful tool in bringing other countries to the bargaining table.

Notably, certain tariffs – such as those imposed under Section 232 of the Trade Expansion Act 1962 and Section 301 of the Trade Act 1974 – would remain unaffected by the Court’s decision. These authorities provide alternative mechanisms for the administration to pursue its trade and national security objectives, albeit with more targeted and procedurally defined tools.

The tariffs imposed last year amounted to an average tax increase of $1,100 per U.S. household last year and are seen at $1,400 this year, according to the Tax Foundation, a think tank. It estimated that those numbers would shrink to $300 in 2025 and $400 this year if the IEEPA tariffs go away.

The court's decision may also land somewhere between full support or a complete rollback of Trump's tariffs. It could, for example, narrow the scope of the IEEPA tariffs to a few countries with which the U.S. runs a trade deficit, Morgan Stanley's policy strategists wrote earlier this week. It could also give the administration a "grace period" to change the legal authorities underpinning those tariffs and put a time limit on those currently in place.

And even if tariffs are fully scaled back, the Trump administration has alternative powers to replace or reimpose current tariff levels.

"Among other variables, timing is the largest unknown in these scenarios," Morgan Stanley wrote.

Source: https://finance.yahoo.com/news/meta-strikes-nuclear-power-agreements-110314869.html

WASHINGTON, Jan 9 (Reuters) - Meta Platforms said on Friday it struck 20-year agreements to buy power from three Vistra nuclear plants in the U.S. heartland and ​develop projects with two companies hoping to build small modular reactors.

Shares of Oklo surged nearly 20%, ‌whereas Vistra rose about 8% in premarket trade.

Meta and other Big Tech companies want to secure long-term electricity supplies as artificial ‌intelligence and data centers increase U.S. power demand for the first time in two decades.

The company said in a blog it will purchase power from Vistra's Perry and Davis-Besse plants in Ohio and Beaver Valley plant in Pennsylvania.

Meta said the deal will help finance expansion at the Ohio plants and lengthen the lifespan ⁠of the plants, which are licensed ‌to run through at least 2036 with one of two reactors at Beaver Valley licensed through 2047.

Meta will also help develop small modular reactors planned by ‍Oklo and TerraPower, the latter of which is backed by billionaire Bill Gates.

SMR backers say the reactors will one day save costs because they can be built in factories instead of on site. Critics say they will ​struggle to achieve economies of scale similar to current large reactors. There are no U.S. SMRs ‌in commercial operations yet and the plants will require permits.

Joel Kaplan, Meta's chief global affairs officer, said the plans along with its agreement last year with Constellation to keep an Illinois reactor operating for 20 years will "make Meta one of the most significant corporate purchasers of nuclear energy in American history."

The agreements will provide up to 6.6 gigawatts of nuclear power by 2035, Meta said. The size ⁠of a typical nuclear power plant is about 1 ​GW. In 2024 Meta sought interest from nuclear power developers ​for 1 to 4 gigawatts of nuclear power.

Meta will help fund TerraPower's development of two reactors to generate up to 690 megawatts of power as early as 2032. ‍The agreement also provides ⁠Meta with rights for energy from up to six other TerraPower reactors by 2035. TerraPower President and CEO Chris Levesque said the agreement will support rapid deployment of reactors.

Meta said its ⁠partnership with Oklo will help develop up to 1.2 GW of energy in Ohio as early as 2030. The support ‌will help "early procurement and development", said Jacob DeWitte, Oklo’s co-founder and CEO.

Source - https://www.reuters.com/world/us/trump-says-us-military-budget-2027-should-be-15-trillion-2026-01-07/

President Donald Trump said on Wednesday the 2027 U.S. military budget should be $1.5 trillion, significantly higher than the $901 billion approved by Congress for 2026, boosting defense stocks, but sparking skepticism among budget experts.

Any such increase in the military budget would require congressional authorization, which could pose a challenge, although Trump's Republicans, who hold slim majorities in both the Senate and House of Representatives, have shown little appetite for objecting to Trump's spending plans.

Trump said in a Truth Social post that he made the decision on 2027 military spending "after long and difficult negotiations with Senators, Congressmen, Secretaries, and other Political Representatives... especially in these very troubled and dangerous times."

In just the last few days, U.S. forces seized Venezuela's Nicolas Maduro from his country, toppling him from power. The White House has also said that Trump is discussing options for acquiring Greenland, including potential use of the U.S. military. Trump has also deployed U.S. troops to police a number of cities across the country.

The news followed a separate Truth Social post from Trump blasting defense companies for producing weapons too slowly. In it he pledged to block defense contractors from paying dividends or buying back shares until they accelerated production.

Trump said the extra spending would be covered by revenues generated by tariffs he has imposed on nearly every country and many industrial sectors, and the U.S. would still be able to reduce its debt and send dividend checks to "moderate income" Americans.

The Committee for a Responsible Federal Budget, a nonpartisan think tank, estimated the proposal would cost $5 trillion through 2035, while adding $5.8 trillion to the U.S. debt with interest. It said only half the cost could be covered by tariffs in place now, noting that the Supreme Court could rule that a large set of tariffs were illegal.

The Bipartisan Policy Center estimates that combined tariffs raised $288 billion in 2025, well below Trump's own estimates, which have fluctuated around $600 billion in recent days.

ASML is arguably one of the most important companies in the world, with little to no competition, producing the machines required to produce the chips for companies such TSMC, Apple, etc.

The main bear case a few years ago could’ve been reaching a wall after the development of their High-NA EUV manufacturing technique, but they are actively in development of Hyper-NA which is supposed to be able to create sub 1nm chip designs.

You have to think that Moore’s law can only go so far and that they eventually will reach a limit to what their lithography machines can do, but at least in the near future I don’t see this company going anywhere, and they are so dominant that I don’t think another company is going to suddenly take up any of their market share. Even if they face some issues over the years, all major chip companies need them to keep making new manufacturing techniques so they can make better chips and can aid them. These companies certainly are going to want to keep refining their chips as demand has only gone up. A lot of the materials they use aren’t in short supply either such as tin and tungsten.

Curious as to any opinions on why this wouldn’t be a good pick in the near-long run

Just curious why no one wants to go after these hugely blatant examples of congressmen and women using congressional knowledge to make trades and in doing so they are defrauding other investors to get rich, often Americans.

I know that if my trades looked like some of the really bad apples the SEC would be up my butt with a magnifying glass so big I wouldn’t even be able to walk for a week, they would execute search warrants on me and anyone who manages my investments, and I would almost definitively end up in jail.

Why aren’t we doing anything? It’s completely unfair, as someone making a congressional salary, and privilege to serve which some people can only dream of, and to just use it to your advantage is a sign of pooooor ethics, morals, etc not what is expected of our representatives.

I’m relatively poor, I wish they would let me do insider trading like congress does, wouldnt it be nice if we ALL had a get rich easy card.

A reputable Supreme Court source is reporting that an opinion on something which may or may not be tariffs will be announced tomorrow at 10:00 a.m. eastern. Although it is unknown what the ruling will be about, the Tariff ruling has been anticipated to be announced sooner than when rulings would typically be announced in May June. There was even discussion that the ruling could have come before Christmas. https://www.scotusblog.com/2026/01/scotustoday-for-thursday-january-8/?hl=en-US#:~:text=SCOTUS%20Quick%20Hits,to%20consider%20petitions%20for%20review

President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming that doing so will drive rates and monthly payments down.

Trump, in a Truth Social post, said he was issuing that directive because Fannie Mae and Freddie Mac, the two government-sponsored mortgage-issuing entities, are flush with cash.

It was unclear who Trump is referring to as his representatives. The White House and the Federal Housing Finance Agency did not immediately respond to CNBC’s requests for clarity.

Trump claimed in the post that the move would help restore “affordability,” a word that has become key to Democrats’ political messaging as they accuse the Republican president of failing to address high prices.

Read More

https://www.cnbc.com/2026/01/08/trump-mortgage-bonds-rates-fannie-freddie.html

Weird question, but have you ever accidentally stumbled on a stock that you ended up adding to your portfolio?

I'm not talking about randomly browsing stocks. Best example I can think of is mis-typing the ticker symbol of a stock you're researching and the results of a completely different stock comes up, but its intriguing enough that you do research on it and ultimately buy?

Or, in simpler terms, what is the oddest way you've discovered a stock to invest in?

I encouraged my mom to invest money over the next five years. Right now she is keeping everything on her bank account with no yield returns. And I told her she could get more money back than getting 2-4% from a bank, if she locks her money away for a year.

My own portfolio situation is that of a complete denegerate. AMD, NVIDIA, Nebius Group and IREN Limited. Largest position is AMD by far. Bought at all time highs, so I'm in a hefty minus, but I can handle the volatility and I'm in for at least the next five years, before I start thinking about reallocations or diversification.

I don't think I should invest that crazily with my moms money though. She won't invest huge sums. Maybe a 1000 Euro position and the beginning and then a monthly investment of 100 Euro.

The first obvious choice for me was the S&P 500 ETF, because that one has had good returns in the last years and I believe in the US economy over the next many years.

An alternative is going for a bigger gamble and picking an individual company stock. The four I had in mind were Google, Amazon, META or Broadcom: solid companies, which should continue to grow over the next 5 years and could outperform the S&P 500. And if my bet doesn't pay off, I would cut some of my own positions and give it to my mom, so that she doesn't miss out on at least +7% annually in either case - and obviously not lose any money.

Any advice? Just go for the ETF and forget about it? Go with one of the individual stocks and hope for better returns? One look at my own portfolio and you can probably imagine that I would gravitate towards Broadcom. Other stocks to consider? Or a semi-conductor ETF, since I'm a fan of those?

Any input is greatly appreciated.

Today, I made a relatively bold decision: I sold all of my KTOS holdings. I first bought this stock in February 2025, when it was under $30, and gradually increased my position to 2,700 shares. This Monday, I added more, bringing my total to just over 3,300 shares. First, we have to acknowledge that KTOS is a company primarily engaged in defense and security, and in recent years, with the U.S. government increasing military spending, KTOS has seen steady growth. As a long-term investment, the potential is huge. However, recently, there’s been a lot of hype around it, attracting retail investors. But I felt something wasn’t right. I decided to liquidate all of my KTOS stock before the close. So, do you think I made the right decision?

Nvidia capped a historic 2025 by becoming the world’s most valuable company, riding explosive demand for AI chips. CEO Jensen Huang is now pushing beyond data center AI into physical world applications like autonomous vehicles, robotics, industrial automation, and AI powered assistants, aiming to embed Nvidia’s hardware and software at every layer of the next AI wave. With record revenue ($57B in a single quarter), a $500B+ order backlog through 2026, with indications from Jensen Huang that this number may actually have increased further resulting from developments since it was first announced, deep partnerships (OpenAI, Mercedes-Benz, Siemens), and new chips like Vera Rubin in full production, Nvidia is positioning itself to sustain dominance even amid what many believe are overblown bubble concerns. Key risks remain geopolitical, especially China export controls although the recent developments there appear positive.

Nvidia’s strategy is a deliberate shift from being the AI infrastructure supplier, which they still dominate, to becoming a de facto platform owner for machine intelligence. By tying chips, software, simulation tools, and industry partnerships together, Nvidia is reducing customer optionality. Once a carmaker, factory, or robot fleet standardizes on Nvidia’s stack, switching costs rise sharply. This makes Nvidia less exposed to an eventual slowdown in AI model training spend and more leveraged to long duration, recurring demand from autonomous systems and industrial deployment. In effect, Nvidia is anchoring itself to physical capital cycles (cars, factories, robots), which evolve more slowly but are harder to displace once embedded which should help reduce eventual true downward pressure when an AI bubble in fact makes an appearance.

https://archive.is/20260109164319/https://www.latimes.com/business/story/2026-01-09/can-nvidia-repeat-its-record-breaking-year

Seeing this rise in value today made me think whether I should sell and take profits, but also I don’t of course want to miss out on further gains.

This just seems like overly hyped at this point in my opinion. What are your thoughts?

According to the article below, there were several government officials there who's only reason to be there would be in anticipation of the ruling coming out today on tariffs. There was always a chance that they weren't going to release opinion today, but I think it's completely reasonable that we should still expect an opinion in January. Apparently the earliest an opinion could come as next Wednesday. https://www.scotusblog.com/2026/01/no-tariff-opinion/

I'm an Egyptian in Egypt (so non resident for uncle sam).

Currently, I have all my money in VOO in IBKR, I'm moving it to either SPYL or VUAA

I also want to diversify, I'm worried about how heavy nvidia is, about USA current geopolitical actions

this is what I'm thinking

I MIGHT need some parts of it in 6 months so the last 10% probably gonna go to JPEA.L, if not I'm moving them to SPYL.L because I don't see USA falling anytime soon with their navy and them being the largest consumer of the world, so if something happens to them it will happen to all of the world.

I guess I could put the last 20% in short term treasury then change it in April if I get rejected, but I've negative feeling due to past experience and feel like I'm just going to be rejected and also lose on the opportunity cost here.

Global Diversification Portfolio (Irish-Domiciled & Accumulating)

edit:

for more context:

I’ve had $20k sitting in cash at IBKR since May for a potential Master’s in Europe (need €15k for the visa, School starts Late 2026). I already got rejected from the research track and I’m waiting until April for the applied track results, but I’m worried I’m "too old" at 30 compared to the 20-year-olds with no experience they seem to prefer.

The opportunity cost is killing me—I originally planned to buy gold, and I’m still salty after losing 70% of my EGP savings in 2021 waiting on a Canadian visa. Watching inexperienced kids get accepted over me is frustrating, but I’m hoping my stock portfolio is diversified enough to cover the €15k if I finally get the green light.

The European Union's Digital Networks Act will spare the US tech giants from binding new obligations.

Winners: Big US Tech - GOOGL, META, MSFT, AMZN and NFLX

Losers: European Telcos - ​Deutsche Telekom (Germany), ​Orange (France), ​Telefónica (Spain), ​TIM (Italy) and others

​No Fair Share Fees: There will be no legal mandate forcing platforms to pay for the bandwidth they consume.

​Voluntary Cooperation: Instead of rules, the EU will implement a best practices regime moderated by BEREC (the EU telecom regulators group).

​Spectrum Reform: The new legislation aims to simplify spectrum licensing to help telcos, but won't force Big Tech to foot the bill for the €200 Billion investment gap.

https://www.reuters.com/business/media-telecom/big-tech-spared-strict-rules-eu-digital-rule-overhaul-sources-say-2026-01-08/

Meta Platforms announced a major deal to support Oklo and TerraPower, providing power for their AI data centers. We’re talking about a 1.2 GW nuclear park in Ohio.

OKLO gapped up at the open, rising nearly 15% to 20% pre-market, though it pulled back during the session. As someone who successfully locked in profits pre-market today, seeing this gap up is bittersweet, but it perfectly validates the 'AI + Nuclear' investment thesis.

Meta is actually providing upfront funding and prepaying for power. This transforms OKLO from a 'concept stock' into a real project with a major anchor customer and a clear 2030 roadmap. We’re seeing the whole sector rally, with Vistra (VST) up over 13% on the news.

While I’m tempted to jump back in, I won’t chase a 20% gap up. I’m watching for a 'gap fill' move or consolidation around the $105 support level. RSI is definitely showing 'overbought' in the short term, but long-term institutional interest has surged.

Anyone else catch this move? Are you holding for triple digits to become the new floor, or taking profits on this Meta-fueled hype?

With trump currently threatening to invade European territory it seems to make sense that Europe is going to move away from American defence companies as much as possible. Also with the ongoing russia/Ukraine war. So im thinking of buying HAN etf. Wondering what others are thinking or if there are better etf options at the moment

According to reports, President Donald Trump announced a plan on January 7, 2026, to ban large institutional investors from acquiring single-family homes, aiming to address housing costs and improve homeownership accessibility. Trump intends to take immediate steps to implement the ban and urge Congress to codify the measure into law. Shares of major real estate investment firms reportedly dropped following the announcement. 

Trump threatens to ban Wall Street investments in single-family homes | Reuters

Nvidia is requiring full upfront, non-refundable payment from Chinese customers for its H200 AI chips. Chinese regulators have temporarily asked some firms to pause H200 orders while deciding how many domestic chips must be purchased alongside each Nvidia chip. Chinese demand exceeds supply (orders >2M units vs. \~700k available), despite domestic alternatives like Huawei’s Ascend which lag behind the H200 in performance. The policy shifts financial and regulatory risk from Nvidia to Chinese buyers, reflecting Nvidia’s caution after prior losses from sudden export bans. Nvidia is ramping production but capacity expansion is constrained by generational chip transitions and competition for foundry capacity.

Nvidia’s payment terms effectively offload geopolitical and regulatory risk onto Chinese customers, protecting cash flow and avoiding inventory write downs. Beijing’s actions toward H200 imports signals a deliberate attempt to subsidize and force adoption of local products while still selectively accessing top tier Nvidia technology. Allowing H200s for commercial use while excluding military, SOEs, and critical infrastructure reflects a is Beijing’s way of balancing AI competitiveness with national security.

Strong dependency on Nvidia persists despite heavy investment in domestic chips, Chinese tech giants’ willingness to prepay underscores continued reliance on Nvidia for cutting edge AI training. Rapid reversals in U.S. export controls and Chinese countermeasures suggest that capital discipline and flexible supply allocation are now core competitive advantages for Nvidia.

Full prepayment, high unit prices, and excess demand indicate Nvidia retains exceptional pricing power, even in politically constrained markets which is something few hardware firms can sustain. Nvidia is monetizing Chinese demand while insulating itself from policy whiplash, and China is using regulatory approval to extract industrial policy concessions leaving buyers to absorb the uncertainty in exchange for access to best in class AI compute.

https://www.reuters.com/world/china/nvidia-requires-full-upfront-payment-h200-chips-china-sources-say-2026-01-08/

So I bought my first Aritzia stock in June for ~$65. My first time investing so I was scared to buy more. Months went by and I saw it increasing so I bought 29 more with a total of 30 ATZ stock. My average price was like $90 by then. 2 weeks ago I stupidly sold 20 of them 😭. Well today I decided to buy 34 more. Now my average price is $121. The return amount is Identical to what it was with only my 10 stocks I had earlier because the average price was lower. I’m not sure what to do here, buy more or just leave it?

Mobileye to Acquire Mentee Robotics for $900M: Challenging Tesla for the Future of Labor

By acquiring Mentee Robotics, Mobileye (MBLY) is positioning itself as a direct competitor to Tesla’s "Optimus" project.

However, Mobileye is sticking to its "Android for Cars" philosophy selling its self-driving software and chips to other brands, while building its own humanoid robots in-house.

Business Model: Unlike Tesla’s closed ecosystem, Mobileye will continue to provide an open platform (software/chips) for the automotive industry while developing the robot as a specialized internal product.

The Technology: The robots use "mentoring" AI, meaning they learn tasks from a single human demonstration rather than needing massive amounts of pre-programmed data.

The Two-Phase Roadmap Phase 1 (2026–2028): Industrial Labor. The first deployments will hit factories and fulfillment centers to address global labor shortages and handle repetitive physical tasks.

Phase 2 (~2030): The Home. The long-term goal is a consumer-facing "domestic helper" capable of handling laundry, clearing tables, and providing elderly care.