To The Moon

2025 came to a close with global markets swinging between political shocks and technological breakthroughs.

Trump’s return reignited policy uncertainty, AI competition reshaped capital allocation, gold rewrote history, and megacaps expanded the limits of imagination.

Markets trembled under tariff threats — yet celebrated amid an unprecedented computing boom.

Let’s look back at the Top 10 Investment Topics of 2025.

1. Trump Returns: Global Tariff Turmoil & “TACO Trades”

Trump officially returned to the White House, pushing markets into a new phase of policy-driven repricing, with tariffs, fiscal stimulus, and geopolitical uncertainty back.

2. SPX Hits Record Highs for 39th Time

$S&P 500(.SPX)$ is on pace for a solid year of record closing highs. As of Thursday’s close, the benchmark index has scored 39 record closing highs in 2025, with the most recent being yesterday at 6,932.

3. Gemini 3 & the Rise of “Google Chain”

$Alphabet(GOOG)$’s Gemini 3 reignited competition in AI models and chips, challenging Nvidia’s dominance and giving rise to a new “Google ecosystem” trade.

4. Nvidia Crosses $5 Trillion 👑

Nvidida became the first company in history to surpass $5 trillion in market cap, cementing its role as the operating system of the AI era.

5. Gold Breaks $4,500 🏆

$XAU/USD(XAUUSD.FOREX)$ surged past $4,500/oz, driven by geopolitical risk, de-dollarization narratives, central bank buying, and hedging against AI-era uncertainty.

6. OpenAI Universe: AI Closed-Loop or Just a Bubble?

The Oracle–OpenAI mega contract marked the rise of AI closed-loop economics, where compute, capital, and models intertwined — raising both growth hopes and bubble concerns.

7. Rate Cuts Are Back

Powell’s dovish turn confirmed the easing cycle. By year-end, the Fed delivered its third rate cut, restoring liquidity expectations and lifting growth stocks.

8. Buffett Leaves the Investment Stage

Warren Buffett announced his impending retirement, marking the end of his legendary 60-year career leading Berkshire Hathaway.

Buffett confirmed that his successor, Greg Abel, would take over, while Buffett would remain involved in philanthropy through annual letters.

This year, $Berkshire Hathaway(BRK.B)$ also invests in $UnitedHealth(UNH)$

9. China Stock Repricing

China’s DeepSeek open-source breakthrough disrupted the AI narrative, triggering a sharp rethink of global AI leadership and sparking a rally in China tech assets. $Alibaba(BABA)$ $TENCENT(00700)$

10. Bitcoin Breaks $120K and Pulls back

$Bitcoin(BTC.USD.CC)$ surged to new all-time highs of $120K this year, fueled by renewed institutional interest and positive regulatory signals. However, after reaching these record levels, the cryptocurrency has experienced a notable pullback, prompting investors to reassess its short-term price action while long-term narratives around digital gold and blockchain adoption remain intact.

Beyond these ten themes, 2025 was packed with unforgettable moments: sector rotations, repeated short attacks on high-growth names, nonstop AI hype cycles, and markets constantly repricing “the future.”

Which event truly defines 2025 in your view?

What trade taught you the most this year?

Share your thoughts in the comments — and let’s step into a more uncertain, yet more imaginative 2026.

Leave your comments to win at least 10 tiger coins!