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Jamie Dimon on Trump's tariff blitz: 'Too large, too big, and too aggressive'
JPMorgan Chase’s CEO expressed concerns that the recent broad and aggressive tariffs could impact economic stability, while acknowledging the government's aim to protect domestic i...
Read Full Article →Trump teases a new tariff rate for China
The possibility of implementing an 80% tariff on goods from China could significantly impact trade balances, supply chains, and costs for businesses involved in U.S.-China commerce...
Read Full Article →Krispy Kreme stock plunges 25% because the plan to sell donuts at McDonald's is on hold
Krispy Kreme experienced a significant decline in share value due to delays in its collaboration with McDonald’s, affecting investor confidence and market performance.
Read Full Article →Tariffs are already unleashing 'crony capitalism' and it’s 'terrifying,' Ken Griffin says
Ken Griffin warns that the current trade restrictions may increase opportunities for favoritism in business, potentially undermining fair market competition and affecting economic...
Read Full Article →Trump says tariffs won't go lower than 10% — and 'some will be much higher'
The announcement that tariffs will remain at a minimum of 10% and could increase further indicates sustained or heightened costs on imported goods, potentially impacting trade expe...
Read Full Article →Bitcoin rallies all the way back above $100,000
The recent rise of Bitcoin past the $100,000 level reflects increased investor confidence, influenced by international trade developments and a widespread market uptrend across var...
Read Full Article →Nvidia and other chipmakers are getting a big win as Trump kills the 'AI diffusion rule'
The U.S. government's decision to rescind export restrictions on advanced AI chips is expected to positively impact semiconductor manufacturers by easing limitations that previousl...
Read Full Article →The Dow soars 560 points as Trump announces a U.K. trade deal
U.S. financial markets experienced significant gains following the announcement of a trade agreement with the U.K., driven primarily by strong performances in the technology sector...
Read Full Article →Trump announces trade deal with the U.K.
The agreement between the U.S. and the United Kingdom is expected to influence economic relations and market conditions by establishing new terms for imports and exports between th...
Read Full Article →Coinbase buys Deribit for $2.9 billion
Coinbase’s acquisition of Deribit, a leading Bitcoin and Ether options platform based in Dubai, for about $2.9 billion in Bitcoin highlights a substantial investment aimed at expan...
Read Full Article →Toyota says tariffs will cost it $1.3 billion in 2 months
Toyota anticipates a substantial negative impact on its earnings this fiscal year, estimating a $1.3 billion expense over two months as a result of increased trade barriers and ass...
Read Full Article →Tesla keeps hitting robotaxi roadblocks
Tesla’s ongoing difficulties in securing exclusive rights to the term related to autonomous ride-hailing may impact its branding strategy and potentially influence future revenue g...
Read Full Article →Tom Brady, Stephen Curry and other big names are mostly off the hook from the FTX fallout
A federal judge's dismissal of many lawsuits against prominent figures linked to the collapsed cryptocurrency exchange FTX reduces their potential financial liabilities and legal e...
Read Full Article →An Apple executive sparked a Google stock selloff. Don’t panic, analyst says
The unexpected decrease in Safari search traffic highlighted during antitrust hearings led to a notable drop in Google’s market value, reflecting investor concerns about potential...
Read Full Article →Trump calls Fed Chair Jerome Powell a 'FOOL who doesn't have a clue'
The comments made by President Trump regarding the Federal Reserve Chair reflect ongoing tensions that may influence market perceptions and potentially affect future monetary polic...
Read Full Article →The Fed keeps interest rates steady as Powell warns that economic uncertainty is 'extremely elevated...
The Federal Reserve’s decision to maintain current interest rates reflects ongoing efforts to manage inflation while addressing potential risks linked to the unpredictable economic...
Read Full Article →Apple wants to move to AI-powered search — and Google stock sinks 8%
Apple's initiative to develop AI-driven search technology has raised concerns among investors, contributing to a notable decline in Google's market value as competition in the sear...
Read Full Article →Ford is hiking prices on some cars — and blaming tariffs
Ford Motor Company is raising the cost of certain vehicle models, citing increased expenses linked to recently imposed government tariffs affecting import and production fees.
Read Full Article →Cisco has joined the quantum computing race
Cisco Systems’ entry into quantum chip development highlights increasing industry investment that may accelerate the commercialization timeline and influence future technology mark...
Read Full Article →Trump's 'corrupt' billion-dollar crypto deal sparks outrage in Congress
The controversy surrounding the Trump family’s recent high-value cryptocurrency transaction highlights potential risks that could influence the progress and implementation of signi...
Read Full Article →Weight Watchers goes bankrupt even as it tries to ride the Ozempic boom
WeightWatchers has filed for bankruptcy due to over $1 billion in debt, aiming to restructure its finances while shifting focus toward weight loss medications such as GLP-1 treatme...
Read Full Article →Disney's blowout quarter proves it can still turn stories into empires. The stock soars 10%
Disney's recent quarterly results showed a notable increase in revenue and earnings per share, indicating continued strength in its business operations and positively impacting inv...
Read Full Article →China is cutting interest rates to boost its economy as tariffs take a toll
China’s decision to lower borrowing costs aims to stimulate economic growth by encouraging investment and consumption, addressing challenges posed by increased trade barriers with...
Read Full Article →Stocks move sideways as the U.S. and China are finally talking — with the Fed up next
Investors showed caution with little overall market change as discussions between the U.S. and China progressed, while attention focused on the upcoming Federal Reserve decision fo...
Read Full Article →Amazon's robotaxi company Zoox recalls driverless software after crash
The software recall issued by Amazon’s autonomous vehicle subsidiary Zoox may lead to increased operational costs and affect investor confidence in the company’s self-driving techn...
Read Full Article →Trump says pharmaceutical tariffs are coming. Here's what to expect
The introduction of new tariffs on pharmaceutical products could potentially impact medication prices and affect the costs faced by both manufacturers and consumers in the healthca...
Read Full Article →Trump talks tough on Canada — while importing more cars, lumber, and oil
Despite public criticism of trade relations with Canada, the United States continues to rely on significant imports of automobiles, timber, and energy resources from its northern n...
Read Full Article →The Dow drops 300 points as even more companies pull their forecasts and Wall Street eyes the Fed
Investors reacted to increasing market uncertainty and disappointing trade figures, leading to a notable decline in major stock indices and heightened attention on upcoming Federal...
Read Full Article →Nvidia CEO Jensen Huang says San Francisco is so back — thanks to AI
Nvidia's CEO highlighted how advancements in artificial intelligence have contributed to economic revitalization and increased business activity in San Francisco following pandemic...
Read Full Article →Palantir stock sinks 15% because the AI boom isn't enough for Wall Street
Despite robust first-quarter performance and accelerated growth in its U.S. market, Palantir’s stock experienced a significant decline, reflecting investor concerns about its long-...
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