Morning Brief: Trump Hits Brake on Trade War, US Stocks ‘TACO Trade’ Reappears, Elon Musk Strives to Push SpaceX IPO by July (01/22/2026)

1. Trump canceled planned tariffs on eight European countries following a "framework agreement" on Greenland and the Arctic with NATO Secretary General Mark Rutte.2. U.S. stock markets rebounded sharply, with major indices rising over 1% after the tariff cancellation and Greenland agreement announcement.3. Trump indicated the Federal Reserve Chair candidate pool is down to one, seeking a "Greenspan-like" figure and suggesting Kevin Hassett will remain in his current role.4. At Davos, Trump criticized Europe and Canada, reiterated his interest in acquiring Greenland, and supported nuclear energy for AI.5. Supreme Court justices expressed caution regarding Trump's attempt to remove Fed Governor Lisa Cook, citing risks to Fed independence and market volatility.6. The European Commission confirmed EU leaders' emergency summit would proceed as planned despite Trump's statements, aiming to protect EU interests.7. Elon Musk is reportedly pushing for a SpaceX IPO by July to fund space data centers and aid his AI company xAI.8. OpenAI CEO Sam Altman is seeking at least $50 billion in financing from Middle Eastern investors at a potential valuation of $750-$830 billion.9. Intel surged nearly 12% after securing a significant U.S. Department of War contract for its SHIELD program, with an expected earnings report on January 22.10. Apple plans to transform Siri into a chatbot by the second half of 2026, potentially using Google's Gemini model and Google Cloud.11. Tesla's initial production of Cybercab and Optimus robots is expected to be very slow, with mass production planned for 2026.12. Kraft Heinz stock fell nearly 6% amid concerns Berkshire Hathaway may trim its 27.5% stake, reflecting the company's poor performance in the food sector.▶️ Download our app here:📌 Play Store: ⁠https://play.google.com/store/apps/details?id=com.tradingkey.mobile&hl=en⁠📌 App Store: ⁠https://apps.apple.com/us/app/tradingkey-stock-analysis/id6744304666📢 DISCLAIMERTradingKey provides general information on certain investment products. This information is not intended to constitute financial advice or a recommendation for any specific investment product.