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Archer drops as much as 15% on $850 million share sale following Trump air taxi pilot program
Archer Aviation’s stock declined significantly after the company raised $850 million through a share offering, impacting its market value amid ongoing developments in its air taxi...
Read Full Article →Shares of scandal-plagued Brazilian meat giant JBS open at $13.65 in U.S. public debut
The initial trading of Brazilian meat producer JBS on the New York Stock Exchange reflects market investors' interest and marks a notable financial milestone for the company amidst...
Read Full Article →Why Iran won't block the Hormuz Strait oil artery even as war with Israel looms
Experts suggest that completely halting oil shipments through the Hormuz Strait would have severe economic consequences and logistical challenges, making such an action improbable...
Read Full Article →Israel-Iran strikes likely just the opening salvo as region and markets brace for what comes next
The recent escalation between Israel and Iran has the potential to disrupt regional stability and global markets, prompting investors and governments to closely monitor possible ec...
Read Full Article →Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal
Meta’s substantial $14.3 billion investment in Scale AI includes bringing its founder, Alexandr Wang, on board to support the expansion and advancement of Meta’s artificial intelli...
Read Full Article →Scale AI plans to promote strategy chief Droege to CEO as founder Wang heads for Meta
With the departure of its founder to a major tech company, Scale AI’s advancement of its strategy officer to CEO may impact its leadership-driven financial growth and investor conf...
Read Full Article →Shares of RH jump as luxury retailer takes steps to blunt tariff impact
RH's recent strategic actions to address increased import costs have positively influenced investor confidence, despite challenges posed by a difficult housing market and ongoing e...
Read Full Article →Prices for common baby items are rising due to Trump's tariffs, congressional analysis says
A recent congressional report indicates that tariffs implemented during Trump's administration have contributed to increased costs for several essential baby products, including ca...
Read Full Article →AMD reveals next-generation AI chips with OpenAI CEO Sam Altman
AMD's introduction of the MI400 AI processors, designed to integrate into the Helios server rack, represents a strategic development that could influence the company's market posit...
Read Full Article →The U.S. dollar hasn't been this weak in 3 years. What that means for stock investors
A declining U.S. dollar can impact international investments and corporate earnings, influencing stock market performance, though investors must also evaluate other economic factor...
Read Full Article →What a Trump, Powell showdown means for your money
The escalating conflict between political leadership and monetary policymakers could impact interest rates, inflation, and overall economic stability, potentially influencing perso...
Read Full Article →Yellen expects Trump's tariffs will hike inflation to 3% year over year
The recent tariffs implemented are anticipated to contribute to a higher annual inflation rate, impacting economic conditions and influencing public and political discourse around...
Read Full Article →Trump says U.S. will have 'golden share' in U.S. Steel after Nippon deal
The arrangement grants the U.S. government a controlling interest in U.S. Steel following the transaction with Nippon, potentially influencing major decisions within the company.
Read Full Article →Costco's $130 Executive Membership just got a brand-new perk
The upgraded option at Costco offers additional benefits for double the annual fee compared to the standard membership, potentially providing greater value for frequent shoppers.
Read Full Article →Senate confirms Billy Long as next IRS Commissioner. What taxpayers might expect amid agency cutback...
The appointment of Billy Long as IRS Commissioner may influence how the agency manages resources and processes taxpayer obligations during upcoming financial adjustments and budget...
Read Full Article →Trump calls Fed chief Powell 'numbskull' as he urges interest rate cut
President Trump's criticism of Federal Reserve Chairman Powell highlights growing political pressure that may influence future decisions on interest rates, potentially impacting fi...
Read Full Article →Jensen Huang’s charitable foundation balloons on Nvidia stock gains
The value of the foundation established by Jensen Huang and his wife has increased substantially due to the rise in Nvidia's stock, growing from an initial $13.2 million to an esti...
Read Full Article →Chime opens at $43 in Nasdaq debut after pricing IPO above expected range
Chime’s initial public offering received strong investor interest, resulting in a higher-than-anticipated price and a notable debut on the Nasdaq stock exchange under the CHYM tick...
Read Full Article →GameStop shares tank 20% as retailer reveals convertible debt offering, trading cards plan
The company’s decision to issue $1.75 billion in convertible notes aims to finance its bitcoin acquisition, impacting investor sentiment and contributing to a notable decline in it...
Read Full Article →Oracle shares pop 15% to record high on earnings beat, cloud optimism
Investors responded positively to Oracle’s stronger-than-anticipated financial results and optimistic future projections, resulting in a notable increase in the company’s stock val...
Read Full Article →Here are the three reasons why tariffs have yet to drive inflation higher
Despite the implementation of tariffs, key economic indicators have not demonstrated a noticeable increase in overall price levels, suggesting limited immediate impact on inflation...
Read Full Article →Oil prices fall as traders watch Israel-Iran conflict
The recent fluctuations in crude prices reflect market sensitivity to geopolitical tensions in the Middle East, highlighting the potential impact on global energy supply and econom...
Read Full Article →Mutual funds vs. ETFs — the difference and the role they can play in your portfolio
Both mutual funds and ETFs offer investors opportunities to diversify assets, impacting portfolio growth and risk management through different structures and cost considerations.
Read Full Article →India's headline inflation eases to cooler-than-expected 2.82% in May as food prices slide
The lower-than-anticipated inflation rate in May, driven by declining food costs, may provide the Reserve Bank of India with greater flexibility to reduce interest rates, potential...
Read Full Article →Nvidia CEO says this is the decade of robotics and autonomous vehicles
The growing development and adoption of robotics and self-driving technologies are expected to drive significant economic growth and investment opportunities throughout this decade...
Read Full Article →UK economy shrank sharply in April as Trump tariffs and tax rises kicked in
In April, the United Kingdom experienced a notable economic contraction influenced by increased international trade barriers and higher domestic taxation, according to recently rel...
Read Full Article →Huawei 'has got China covered' if the U.S. doesn't participate, Nvidia CEO tells CNBC
The Nvidia CEO indicated that Huawei’s strong presence in China could shape the market dynamics and investment opportunities if U.S. companies reduce their involvement there.
Read Full Article →BP takeover speculation heats up as UAE oil giant ADNOC enters the fray for gas assets
BP's ongoing challenges compared to competitors have increased investor interest, especially as ADNOC's involvement signals potential shifts in asset ownership and valuation within...
Read Full Article →Nvidia's first GPU was made in France — Macron wants the country to produce cutting edge chips again
French President Emmanuel Macron emphasized the importance of reviving domestic semiconductor manufacturing capabilities to boost the technology sector and reduce reliance on inter...
Read Full Article →Trade tensions aren't stopping Chinese companies from pushing into the U.S.
Despite ongoing political disagreements, Chinese firms continue to prioritize the U.S. market, with recent initial public offerings reflecting significant financial focus on Americ...
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