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Tesla's stock tumbles as investors focus on fundamentals, with concerns over China sales and tariffs. The stock is down 28% since hitting a record high in December 2024, and analysts have downgraded earnings estimates for 2025 and 2026.
Published on: February 11, 2025, 04:04 PM UTC
Trump's focus on reciprocal tariffs could drastically alter global trading relationships. Allies with high tariffs could face significant consequences, including India, Brazil, and China. Trump's plans, to be announced this week, raise questions about how reciprocity will be measured and whether the US will consider lowering duties in response.
Published on: February 11, 2025, 04:03 PM UTC
Slowdown in M&A deals, antitrust concerns, and political scrutiny impacting Wall Street in early days of Trump 2.0
Published on: February 11, 2025, 04:03 PM UTC
Big Tech companies' hefty AI spending — a collective $325 billion — is driving the stock market's AI trade. Tracking these investment plans offers a tangible way to monitor AI's impact on the market.
Published on: February 11, 2025, 04:03 PM UTC
The Fed may hike rates, led by healthy economic growth and the impact of Trump's tariffs, which could surprise markets expecting no rate changes this year.
Published on: February 11, 2025, 04:03 PM UTC
Fed Chair Powell says interest rates likely not going up anytime soon, citing strong economy, inflation pressures
Published on: February 11, 2025, 04:02 PM UTC
Tesla stock has tumbled 28% since hitting a record high in December 2024, as investors focus more on the company's fundamentals than Elon Musk's close proximity to President Trump.
Published on: February 11, 2025, 04:01 PM UTC
US stocks edged lower as investors braced for more tariff policy shifts amidst Federal Reserve Chair Jerome Powell's testimony on inflation. Investors gauge the impact of trade war and inflation, as gold hit a fresh record, while markets await Powell's remarks on pricing pressures.
Published on: February 11, 2025, 04:01 PM UTC
US stocks dipped Tuesday as investors brace for President Donald Trump's tariff announcements. The Dow Jones Industrial Average (^DJI) slipped 0.2%, while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) both fell around 0.1%. Investors await Federal Chair Jerome Powell's testimony for insights on inflation and tariff impacts. Coca-Cola (KO) rose on strong quarterly results, while Shopify (SHOP) rebounded after pre-market losses. Meta (META) initiated layoffs as part of its AI talent pivot. Gold (GC=F) reached a fresh record amid uncertainty.
Published on: February 11, 2025, 04:01 PM UTC
Schwazze, a marijuana company, faces challenges in restructuring debt due to federal prohibition and industry downturn. The company has hired advisors to explore options, including obtaining incremental capital or a below-par exchange. Despite industry growth, cannabis companies struggle with high debt costs, unlicensed competition, and legal barriers.
Published on: February 11, 2025, 04:00 PM UTC