Finance News – U.S.
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Tesla stock sinks 6% as Trump says he'll 'take a look' at deporting Elon Musk
Tesla shares declined notably following the CEO's public disagreement with a prominent political figure, prompting concerns among investors about potential repercussions on the com...
Read Full Article →The dollar just had its worst start to the year in half a century
The sharp decline in the currency’s value during the opening months signals increased economic challenges, potentially affecting international trade balances, investment decisions,...
Read Full Article →Online shopping see biggest slowdown in over decade as tariffs disrupt e-commerce: Survey
The recent trade tensions have led to a marked decline in e-commerce growth, significantly impacting revenue streams and altering consumer spending patterns within the online retai...
Read Full Article →We're booking a 220% profit in a tech stock that has soared off its April lows
The substantial gain realized from this technology investment reflects a disciplined approach to capitalizing on market rebounds while avoiding excessive risk or overexposure.
Read Full Article →Tesla shares tumble after Trump says DOGE should look at Elon Musk's subsidies
Tesla's stock experienced a decline following comments by former President Trump suggesting that Dogecoin could benefit from subsidies associated with Elon Musk, highlighting poten...
Read Full Article →OppiWallet Unveils TravelâReady Crypto Card with Global Merchant Support
The introduction of OppiWallet’s new payment card enables users to conveniently utilize various cryptocurrencies for worldwide transactions, potentially increasing the adoption and...
Read Full Article →NIP Group Enters Bitcoin Mining Through Strategic Acquisition
By acquiring new assets and creating a dedicated digital computing division, NIP Group aims to enhance its digital infrastructure and generate substantial income through increased...
Read Full Article →Marex completes acquisition of FX specialist Hamilton Court Group
The acquisition is expected to enhance Marex’s capabilities in currency trading and broaden its market reach, potentially driving increased revenue and strengthening its competitiv...
Read Full Article →Prospect Capital Corporation Acquires QC Holdings, Inc.
Prospect Capital Corporation’s purchase of QC Holdings is expected to enhance its portfolio by increasing market presence and diversifying revenue streams within the consumer credi...
Read Full Article →Amalgamated Financial Corporation Welcomes Steven S. SaLoutos and Tony Wells to its Board of Directo...
The appointment of two new individuals to the company’s leadership team may influence future strategic decisions and potentially impact shareholder value and overall corporate gove...
Read Full Article →Why oil demand may outpace supply, despite best efforts from OPEC+
A portfolio manager highlighted an unusual market trend that might be contributing to reduced global crude stocks, potentially affecting the balance between consumption and product...
Read Full Article →BioXcel Therapeutics Receives Second Positive Recommendation from Data Safety Monitoring Board (DSMB...
The ongoing phase 3 study's progression, supported by positive safety evaluations, may enhance BioXcel Therapeutics' future revenue potential and investor confidence ahead of antic...
Read Full Article →Goldman Sachs now sees the next Fed rate cut coming months earlier
Goldman Sachs has adjusted its forecast, predicting that the Federal Reserve will lower interest rates sooner than previously expected, potentially impacting borrowing expenses sta...
Read Full Article →Why out-of-favor Apple holds the key to tech stocks in the coming weeks
Apple's upcoming performance is expected to play a crucial role in influencing the broader technology sector's market trends and investor confidence in the near future.
Read Full Article →Euro zone inflation edges higher, hitting ECB's 2% target in June
The Eurozone’s inflation reaching the ECB’s target in June indicates a stabilization in consumer prices, while the increase in services inflation may influence future monetary poli...
Read Full Article →How July 4th travel prices this year compare to 2024
Travel expenses for Independence Day this year show notable trends compared to the previous year, reflecting changes in consumer spending habits and overall demand during the holid...
Read Full Article →Elon Musk's xAI raises $10 billion in debt and equity as it steps up challenge to OpenAI
The recent $10 billion financing will support xAI's expansion of its artificial intelligence capabilities and advancement of its new chatbot technology, positioning it as a competi...
Read Full Article →This fund returned 21% in May alone buying ‘left-for-dead’ stocks — and it has a new target
Whetstone Capital’s strategic investments in undervalued stocks during last year’s market downturn yielded substantial gains in May, highlighting the potential benefits of a long-t...
Read Full Article →China's June factory activity unexpectedly expands, private survey shows
The contrasting survey results highlight potential uncertainty in China’s manufacturing sector, possibly influencing investor confidence and affecting market expectations for econo...
Read Full Article →Goldman’s stock surges to another record, as the ‘big winner’ of Fed’s stress tests
Goldman Sachs experienced substantial gains this year, reflecting strong investor confidence following positive regulatory evaluations, which also contributed to notable increases...
Read Full Article →Amazon CEO Jassy says AI will lead to 'fewer people doing some of the jobs' that get automated
The integration of artificial intelligence at Amazon is expected to optimize operations, potentially reducing the number of employees needed for certain automated tasks while suppo...
Read Full Article →Jim Cramer explains how younger buyers are driving market action
Younger investors are influencing financial trends by allocating capital toward emerging businesses that align with their interests, thereby impacting market dynamics and investmen...
Read Full Article →Despite tariffs, Andy Jassy says Amazon hasn't 'seen prices appreciably go up,' so far
Amazon's ability to maintain stable pricing despite international trade challenges highlights the company's resilience and potential to manage costs effectively amid fluctuating ec...
Read Full Article →Solar and wind industry faces up to $7 billion tax hike under Trump's big bill, trade group says
The proposed domestic spending legislation includes provisions that could significantly increase tax liabilities for renewable energy companies, potentially impacting their financi...
Read Full Article →How the GOP megabill’s cuts to SNAP and Medicaid could thin the social safety net
Reductions in funding for key assistance programs proposed in the large Republican tax and spending package may decrease support for vulnerable populations amid ongoing economic un...
Read Full Article →Stablecoin issuer Circle applies for a national bank charter
Circle Internet Group’s application for a national bank charter could enhance its regulatory standing and potentially impact its financial operations and market positioning within...
Read Full Article →Trump sends handwritten note to Powell pushing for dramatically lower interest rates
President Donald Trump has increased efforts to influence Federal Reserve policies by directly requesting significant reductions in interest rates, which could impact economic grow...
Read Full Article →Joby Aviation stock pops 12% after company delivers first flying taxi to UAE
The delivery of Joby Aviation’s inaugural electric vertical takeoff and landing aircraft to the UAE generated positive investor sentiment, resulting in a notable increase in the co...
Read Full Article →LGBTQ+ entrepreneurs starting businesses in record numbers
The growing number of LGBTQ+ entrepreneurs contributes significantly to the economy by creating jobs, fostering innovation, and generating substantial revenue despite challenges to...
Read Full Article →Why the Nasdaq-100 may not be dangerously overbought as it scores fresh record high
The recent sharp increase in the Nasdaq-100 has raised concerns about potential overvaluation, prompting investors to carefully assess risks associated with high prices in major te...
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