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Apple, Oracle, Adobe and inflation: Stocks and economic data to watch this week
Investors should monitor key technology companies and upcoming economic reports this week, as recent market gains were influenced by notable political events and significant stock...
Read Full Article →Behind the tech layoffs, Nvidia CEO's fear, Microsoft stock's new high: Tech news roundup
Recent industry adjustments and executive concerns have influenced market trends, contributing to shifts in stock valuations and signaling changes in the financial landscape of lea...
Read Full Article →Tesla stock plunges, layoffs surge, and housing cracks: Markets news roundup
fluctuations in key industries and employment rates across various regions significantly impact overall market performance and investor confidence in the current economic landscape...
Read Full Article →Trump and Musk break up, a tariff truce teeters, and Disney layoffs: Business news roundup
The dissolution of the partnership between a prominent political figure and a leading technology CEO, coupled with fluctuating trade negotiations and major corporate workforce redu...
Read Full Article →The 5 most affordable states in America — and the 5 least affordable
Variations in living expenses across different states significantly impact household budgets, influencing where individuals choose to reside based on factors like housing prices, t...
Read Full Article →Trump says the U.S. and China will resume trade talks Monday in London
The planned discussions between U.S. and Chinese trade officials in London could influence global markets by potentially easing tariffs and improving economic relations between the...
Read Full Article →Construction on an EV battery plant was halted because of tariff fears
Envision AESC has temporarily stopped work on its electric-vehicle battery facility in South Carolina after investing $1 billion, due to concerns about changing trade policies and...
Read Full Article →Used car prices cool down following highs driven by tariff fears
In May, the cost of pre-owned vehicles declined slightly compared to the previous month, indicating a potential easing in market pressures despite remaining elevated relative to la...
Read Full Article →Tesla stock rebounds 5%. Wedbush says shares were 'way oversold' on the Trump-Musk breakup
Tesla’s recent share recovery restored a portion of the company’s market value following a sharp decline that significantly reduced investor confidence amid public disputes involvi...
Read Full Article →Walmart is about to fly delivery drones over more cities
Expanding its drone delivery service to 100 locations across five states, Walmart aims to enhance distribution efficiency and potentially reduce last-mile costs through collaborati...
Read Full Article →Trump calls Elon Musk 'the man who lost his mind'
The exchange between two high-profile business figures has potential implications for investor confidence and market dynamics involving companies associated with their leadership.
Read Full Article →Tesla stock short-sellers raked in $4 billion as Elon Musk and Trump broke up
Investors betting against Tesla shares profited significantly as the stock experienced its largest one-day decline in more than a year, resulting in approximately $4 billion earned...
Read Full Article →Lululemon delivers a solid quarter — and the stock still sinks 20% on tariff fears
Lululemon reported strong quarterly results, yet concerns over tariffs led to a significant drop in its share price, resulting in a substantial decrease in the company’s overall ma...
Read Full Article →Experts fear a big, ugly slowdown in today's jobs report
The anticipated decline in employment growth for May suggests potential caution among businesses, which could influence economic activity and investor confidence moving forward.
Read Full Article →Trump says he's 'disappointed' in Elon Musk as their feud explodes in public view
The public disagreement between the former president and Tesla's CEO could potentially influence investor confidence and affect the market performance of companies associated with...
Read Full Article →Tesla stock plunges 14% as Trump and Elon Musk break up. Here’s what the numbers show
The recent drop in Tesla’s share price reflects investor concerns following the public disagreement between Elon Musk and Donald Trump, resulting in a significant decline in the co...
Read Full Article →Microsoft stock just hit a record high as it cashes in on the AI boom
Microsoft’s shares reached an unprecedented peak amid strong investor confidence in its AI initiatives, reflecting market anticipation of sustained growth and leadership in the rap...
Read Full Article →Trade war backlash is now shutting down car factories in Europe
Disruptions in the supply of essential materials linked to international trade tensions have forced multiple European automobile manufacturers to halt production, potentially impac...
Read Full Article →Trump says he had a 'very good' call with China's Xi Jinping and that more trade talks are coming
The recent discussion between the two leaders signals potential progress in ongoing trade negotiations, which could influence market conditions and economic relations between the U...
Read Full Article →How stock-based pay minted millionaires and fueled America's wealth gap
Robyn Denholm's substantial earnings from Tesla stock sales since 2018 highlight how equity compensation can create significant personal wealth and contribute to increasing dispari...
Read Full Article →Elon Musk says Republicans should torch their megabill and start over
Elon Musk believes that revising the current major domestic policy legislation could significantly impact economic priorities and government spending, potentially influencing marke...
Read Full Article →FAA isn't considering removing the production cap of Boeing 737 MAX planes
The FAA’s decision to maintain the production limit on Boeing 737 MAX aircraft may impact Boeing’s revenue growth and supply chain planning in the near term.
Read Full Article →Fidelity says 401(k) balances are falling — but Americans don't seem to be flinching
Despite declines in 401(k) account values during a volatile financial period, many American employees continued contributing to their retirement savings without significantly alter...
Read Full Article →The ultimate workplace perk
Since assuming her part-time role in 2018, Tesla board chair Robyn Denholm has conducted stock transactions exceeding $530 million, highlighting a substantial financial involvement...
Read Full Article →Trump hiring freeze is hurting inflation data collection: Report
The suspension of new hires has impacted the ability to gather comprehensive inflation statistics, potentially affecting the accuracy of the reported modest increases in consumer p...
Read Full Article →Dan Ives' Wedbush ETF tracking AI stocks launches
The introduction of a new exchange-traded fund focused on artificial intelligence firms provides investors with direct exposure to the sector’s growth potential, reflecting increas...
Read Full Article →Nvidia CEO Jensen Huang is ‘motivated by fear and guilt,’ biographer says
Jensen Huang’s leadership at Nvidia plays a crucial role in the company’s substantial market value, reflecting how personal emotions can influence decision-making in high-stakes fi...
Read Full Article →Weak private sector jobs report has Trump fuming at Powell to lower interest rates
The disappointing private sector employment numbers suggest slowing economic growth, potentially influencing Federal Reserve decisions on interest rates to support market stability...
Read Full Article →Trump sons disavow Trump-linked memecoin wallet
The involvement of family members distancing themselves from a cryptocurrency wallet associated with a prominent political figure highlights potential uncertainties and risks impac...
Read Full Article →Wells Fargo's handcuffs are off as Fed lifts asset cap imposed in 2018
The removal of regulatory limits allows Wells Fargo to grow its assets again, potentially increasing revenue opportunities and improving financial flexibility following years of co...
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