Copper Crashes, Microsoft Hits $4 Trillion, and Meta’s AI Bet Pays Off Big

President Trump’s surprise 50% copper tariff sent prices plunging and shocked global markets, while Microsoft became the second company to cross a $4 trillion market cap, thanks to booming AI and cloud growth. Meta also crushed expectations, soaring 12% as its massive AI infrastructure investments paid off. In other news, ChatGPT launched a new “Study Mode” to combat classroom cheating, and private companies added 104,000 jobs, showing labor market resilience. The Fed kept rates unchanged, but rare internal dissent hints at growing tension. Meanwhile, investors are watching Apple and Amazon closely after Microsoft and Meta’s big tech beats—and High Noon recalled seltzers after a packaging mix-up led to cans labeled as energy drinks.
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