Finance News – U.S.
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JD Vance tells bitcoin conference that stablecoins don't threaten the dollar
U.S. Vice President J.D. Vance emphasized at a major cryptocurrency event that digital assets designed for price stability are unlikely to disrupt the dominance of the U.S. dollar...
Read Full Article →Matador Technologies Inc. Announces Closing of Final Tranche of Non-Brokered Private Placement to Su...
Matador Technologies has secured additional capital through a private funding round, enabling the company to enhance its digital asset portfolio and potentially strengthen its mark...
Read Full Article →Trump's control over Truth Social could weaken as new shares are issued
The issuance of additional shares by Trump Media & Technology Group may reduce Donald Trump's ownership percentage, potentially impacting his influence over the company's future fi...
Read Full Article →Class Action Alert: Levi & Korsinsky Reminds Zenas BioPharma, Inc. (ZBIO) Investors of June 16, 2025...
Investors in Zenas BioPharma, Inc. who experienced financial losses may have an opportunity to seek compensation if they take action before the approaching mid-June 2025 deadline.
Read Full Article →XRP News: XpFinance Fills 30% Of Its Presale Softcap, Set To Release Demo Of Lending & Borrowing Pla...
XpFinance has secured nearly one-third of its initial funding goal and is preparing to launch a demonstration of its new financial services platform designed for lending and borrow...
Read Full Article →Trump nuclear power orders could open small reactors in the U.S. by 2030, GE Vernova CEO says
The development of compact nuclear reactors is expected to contribute significantly to GE Vernova’s revenue streams beginning in the 2030s, according to CEO Scott Strazik.
Read Full Article →Ongoing Schrdinger, Inc. (SDGR) Investigation: Protect Your Rights - Contact Levi & Korsinsky
Investors in Schrdinger, Inc. should be aware that potential breaches of securities regulations are under review, which could impact the company's market valuation and shareholder...
Read Full Article →Levi & Korsinsky Launches Fraud Investigation on Behalf of Savara Inc. (SVRA) Shareholders
The initiation of a probe into potential legal breaches related to Savara Inc.'s recent regulatory setback may impact investor confidence and influence the company’s stock market p...
Read Full Article →Abercrombie’s stock back in rally mode as outlook shows tariffs won’t hurt sales
Abercrombie’s shares surged significantly following strong quarterly results, driven by increased sales at Hollister and a more positive forecast indicating minimal impact from tra...
Read Full Article →Joby Aviation shares pop 28% as electric air taxi maker closes $250 million Toyota investment
Joby's recent funding milestone, marked by a significant capital infusion from Toyota, is expected to enhance the company's financial position and accelerate development of its ele...
Read Full Article →Trump says he's not 'chickening out' on trade: 'It's called negotiation'
The market’s fluctuating response to announced and subsequently delayed tariffs illustrates the economic impact of unpredictable trade policies on investor confidence and global fi...
Read Full Article →The ‘Trump always chickens out’ trade is the talk of Wall Street. Here’s one way to play it.
Investors are closely monitoring market fluctuations influenced by recent tariff announcements and reversals, seeking strategies to capitalize on the resulting volatility and uncer...
Read Full Article →America's trade war could mean 7 million fewer jobs across the world, U.N. says
According to a recent United Nations report, escalating trade disputes initiated by U.S. policies are expected to slow international economic expansion, reduce employment opportuni...
Read Full Article →Trump administration axes Biden-era barrier for crypto in 401(k) plans
The recent policy change may influence how retirement plans incorporate digital assets, potentially affecting investment options and risk management practices within 401(k) portfol...
Read Full Article →Homeowners and buyers are the most uncertain they've been since 2023, Bank of America says
Recent data from Bank of America indicates that financial unpredictability is notably increased for individuals involved in the housing market, impacting decision-making for both c...
Read Full Article →Our only oil and natural gas stock stands to win big if a key pipeline project is revived
The potential restart of a halted pipeline initiative could substantially impact the value of the sole company involved in oil and natural gas operations, depending on political de...
Read Full Article →GameStop drops 9% despite initiating bitcoin buying plan with $500 million purchase
GameStop's recent acquisition of over $500 million in bitcoin marks a significant financial move, although the company's stock declined approximately 9% following the announcement.
Read Full Article →Macy’s says it’s being ‘surgical’ with price hikes amid tariffs, will eat some costs
Macy’s reported better-than-expected quarterly results and maintained its sales forecast, but lowered profit projections due to selective price increases and absorbing certain tari...
Read Full Article →GameStop makes its first bitcoin buy. Here’s why the stock is pulling back.
GameStop's acquisition of a significant amount of bitcoin reflects its new strategy to diversify assets, which has influenced recent investor behavior and contributed to fluctuatio...
Read Full Article →Investors who followed ‘sell in May and go away’ are missing what could be the best May for the S&P...
This year’s strong performance in May suggests that adhering to traditional seasonal investment strategies may result in missed opportunities for significant gains in the S&P 500.
Read Full Article →Stellantis has a new CEO
Antonio Filosa's appointment as Stellantis CEO marks a strategic leadership change amid challenges including decreased earnings, falling sales in the U.S., and uncertainties in the...
Read Full Article →Abercrombie & Fitch soars more than 15% even as retailer slashes profit outlook due to tariffs
Despite anticipating a $50 million earnings hit from tariffs and slower growth in its flagship brand, Abercrombie & Fitch's stock increased by over 15%, reflecting investor optimis...
Read Full Article →China's BYD is sued over 'slave-like' labor conditions
The lawsuit against BYD and its contractors may impact the company’s financial outlook as it faces legal challenges and potential reputational damage following allegations of sever...
Read Full Article →Abercrombie & Fitch stock soars 25% as sales beat estimates
Shares of Abercrombie & Fitch experienced a notable increase following the release of their quarterly financial report, which revealed stronger sales performance than analysts had...
Read Full Article →Instacart names Chris Rogers as CEO after Fidji Simo's exit for OpenAI
The appointment of Chris Rogers as Instacart’s CEO following Fidji Simo’s departure to OpenAI may influence the company’s strategic direction and impact its financial performance i...
Read Full Article →Macy's beats on earnings but cuts 2025 guidance because of tariffs
Despite surpassing first-quarter profit estimates, Macy’s lowered its annual earnings outlook due to increased costs from trade tariffs and reduced consumer confidence amid ongoing...
Read Full Article →Elon Musk disses Trump's 'big, beautiful bill' for growing the national debt
Elon Musk expressed concerns about the substantial fiscal impact of the recent Republican domestic policy legislation, highlighting potential challenges related to the increasing n...
Read Full Article →GameStop just bought $500 million worth of Bitcoin
GameStop’s recent acquisition of a substantial amount of Bitcoin marks a notable development in corporate investment strategies, potentially influencing market perceptions of digit...
Read Full Article →Japan's bond selloff is a warning to the world
The sharp decline in demand for Japan’s long-term government bonds highlights growing investor concerns and may indicate shifting confidence in the stability of extended debt instr...
Read Full Article →Dick’s Sporting Goods extends streak of strong same-store sales growth, and stock gains
Dick’s Sporting Goods demonstrated consistent revenue increases at existing locations and maintained its earnings forecast despite ongoing economic uncertainties such as tariffs an...
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