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The S&P 500 closes at a record high as trade hopes and soft inflation fuel a summer rally
Improved trade prospects, lower inflation rates, and supportive Federal Reserve policies have contributed to a significant upward movement in the stock market, reflecting increased...
Read Full Article →Trump abruptly ends trade talks with Canada over tax on U.S. tech
The sudden halt in negotiations and potential additional tariffs could disrupt cross-border commerce and affect economic stability between the United States and Canada.
Read Full Article →The U.S. and China have reached a trade deal that eases tech and rare earth restrictions
The recent agreement between the U.S. and China to loosen technology and rare earth limitations may improve trade relations and positively influence market stability and investment...
Read Full Article →🌎 Summer stock rally
The recent increase in equity markets during the warm months contributed to notable gains for investors, reflecting widespread optimism despite ongoing changes in medical technolog...
Read Full Article →The weight loss drug boom has barely begun. How big can it get?
The rising popularity of GLP-1 medications, including Ozempic, positions them to generate substantial revenue, potentially surpassing established blockbuster drugs like statins in...
Read Full Article →Nvidia vs. Microsoft: Who will hit a $4 trillion market cap first?
Nvidia and Microsoft are competing closely in market value, with both companies advancing rapidly toward a potential valuation milestone that could significantly impact the technol...
Read Full Article →July 4th travel is set to break records with 72 million Americans on the move
The increased number of travelers during the holiday is expected to boost spending in various sectors, while relatively lower fuel costs may help reduce overall travel expenses for...
Read Full Article →Nike stock soars 16% as the CEO says its big turnaround 'can only go up from here'
Nike’s shares rose sharply by 16% following the CEO’s optimistic outlook, as the company reported its largest sales decline in five years that was still better than analysts antici...
Read Full Article →The Trump administration moves to strip 'revenge tax' from GOP megabill
The administration’s decision to remove the controversial provision aims to alleviate investor concerns and potentially encourage greater foreign capital inflows into the American...
Read Full Article →Nike just took its worst earnings hit yet from its big turnaround plan
Nike’s recent financial performance highlights significant challenges in its ongoing restructuring efforts, demonstrating that the company has yet to achieve its desired improvemen...
Read Full Article →Car production craters to historic lows in the U.K. as tariffs take a toll
The sustained decline in vehicle manufacturing has led to reduced export revenues, significantly impacting the automotive sector's contribution to the U.K.'s overall economic perfo...
Read Full Article →A top Elon Musk lieutenant has left Tesla
The exit of a key executive at Tesla occurs during a period of declining revenue and challenges to the company's reputation, highlighting ongoing financial and operational difficul...
Read Full Article →Marc Benioff says AI might even replace him one day. And he’s fine with that
The integration of AI into various departments at Salesforce, managing nearly half of the company’s operations, could significantly impact productivity and cost efficiency across t...
Read Full Article →The White House suggests a major trade deadline could be extended
The potential extension of the trade deadline may impact economic relationships, as efforts to finalize agreements with multiple nations have so far yielded only modest results.
Read Full Article →Xiaomi’s $35,000 electric SUV ramps up the price war with Tesla
Xiaomi’s new $35,000 electric SUV introduces advanced features at a competitive price point, potentially intensifying competition in the electric vehicle market by undercutting Tes...
Read Full Article →Top Trump adviser floats stripping 'revenge tax' from GOP megabill if more trade deals are signed
The potential removal of the controversial tariff could influence international investment flows and impact the overall economic dynamics associated with the proposed legislation.
Read Full Article →Most CFOs expect Trump's big bill to become law despite GOP turmoil
A majority of chief financial officers anticipate that, despite ongoing challenges within the Republican Party, legislative efforts will progress and the proposed financial measure...
Read Full Article →Palantir stock is up over 90% this year – and short-sellers are accepting defeat
Palantir Technologies has experienced substantial stock growth this year, causing investors who previously bet against the company to reconsider their positions amid changing marke...
Read Full Article →The U.S. economy contracted sharply to start 2025 — worse than previously thought
The latest GDP data for the first quarter of 2025 reveals a more pronounced economic slowdown, indicating that trade policies are contributing significantly to reduced growth rates...
Read Full Article →A tax code time bomb fueled mass tech layoffs. A GOP senator says fixing it now is 'critical'
Changes in tax regulations related to research and development expenses have had a substantial impact on technology sector employment, prompting lawmakers to consider permanent adj...
Read Full Article →Micron stock climbs on blowout earnings and strong AI-fueled guidance
Micron's impressive quarterly results and optimistic future outlook highlight its growing role in the expanding AI-driven memory market, indicating potential continued growth for s...
Read Full Article →Nvidia stock hits a record. The AI chipmaker has the biggest market cap on Earth again
Nvidia's recent surge in share value reflects its regained position as the world's most valuable company, demonstrating resilience despite geopolitical challenges, competitive pres...
Read Full Article →Nvidia's CEO sees a future with 'billions of robots'
Nvidia's leadership emphasizes the company's evolving role in advanced technology, highlighting substantial growth opportunities in robotics that could significantly impact its lon...
Read Full Article →Gas is cheap this summer despite war in the Middle East
Despite ongoing tensions in the Middle East, the cost of gas this summer remains notably reduced compared to the period when the conflict first emerged, reflecting a decline in oil...
Read Full Article →FedEx, Micron, Nike, and inflation: Stocks and data to watch this week
Market participants are closely monitoring key corporate earnings, economic indicators, and geopolitical developments this week to assess their potential impact on financial market...
Read Full Article →IBM’s AI-fueled comeback is just getting started
Wedbush analysts increased their valuation of IBM stock, highlighting the company's growth potential in software driven by advancements in artificial intelligence technologies.
Read Full Article →Weight loss drugs are blowing up the U.S. trade deficit. Trump is blaming Ireland
Recent substantial increases in pharmaceutical orders by companies like Eli Lilly have contributed to the widening U.S. trade deficit, reflecting efforts to navigate anticipated di...
Read Full Article →Telegram's CEO will leave his multi-billion-dollar fortune to his 100-plus children
Pavel Durov plans to transfer his vast wealth to his numerous offspring while restructuring Telegram as a nonprofit to maintain the platform’s autonomy and commitment to free expre...
Read Full Article →A Fed governor says it's almost time to cut interest rates
Federal Reserve Governor Christopher Waller indicated that a reduction in interest rates may soon occur, reflecting expectations that recent trade-related price increases will not...
Read Full Article →The 10 states where Americans are most delinquent on debt
The study highlights variations in debt repayment challenges across different states by examining the proportion of overdue accounts and outstanding balances during early 2025.
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