00:00 Speaker A
Starting with the metals trade, silver and gold retreating once again. The move lower comes as exchange operator CME Group once again hiked margins on precious metal futures, but looking at 2025, gold had a monster year.
00:13 Speaker A
The yellow yellow metal enjoyed its best year in two generations. The rally has been driven in part by rate cuts and tariff tensions. Meanwhile, the price of silver has more than doubled.
00:23 Speaker A
And strategy, the company best known as the world’s largest corporate holder of Bitcoin is trading lower as crypto is capping a year defined by record highs and a dramatic crash.
00:32 Speaker A
Strategy recently bought up more Bitcoin after hitting the pause button.
00:36 Speaker A
Bitcoin logging its third straight month of losses, a rare instance. However, there’s been some talk that a bounce could be in the cards as early as next month.
00:43 Speaker A
Lastly, Brookfield Corporation has reportedly looking to start its own cloud business, that’s according to a report from the information.
00:50 Speaker A
Brookfield would lease chips inside data centers directly to artificial intelligence developers. The cloud business will be tied to a new $10 billion AI fund that the firm plans to begin.
