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The honeymoon is over for Wall Street as Trump's second term begins with a slowdown in dealmaking, threats to tax breaks, and scrutiny from antitrust regulators and Congress.
Published on: February 11, 2025, 12:01 PM UTC
Big Tech companies, including Microsoft, Alphabet, Amazon, and Meta, are expected to spend $325 billion on AI in the coming year. This investment is expected to drive stock market growth in the tech sector, but investors should monitor these companies' investment plans for signs of concern.
Published on: February 11, 2025, 12:01 PM UTC
Germany's gas market manager contemplates subsidies to refill storage sites as Europe faces another supply crunch. Learn about the discussions and the possible launch date of the subsidy.
Published on: February 11, 2025, 12:01 PM UTC
Despite a ceasefire, ship traffic in the Red Sea remains slow due to lingering tensions and the volatility of the Middle East, according to the Joint Maritime Information Center.
Published on: February 11, 2025, 12:00 PM UTC
US stocks rebounded as investors looked beyond President Trump's latest tariff threats. The Dow Jones Industrial Average added 0.4%, the S&P 500 rose 0.6%, and the Nasdaq Composite jumped nearly 1%. Investors weighed Trump's recent pledge to introduce additional 25% tariffs on steel and aluminum from all countries. The new metals tariffs are likely to benefit US steel companies, whose stocks jumped. Markets also expect Trump to announce reciprocal tariffs on all trading partners. However, Monday's gains suggest that investors are getting used to Trump's trade salvos. Some on Wall Street say many now see the announcements as a negotiation tactic only.
Published on: February 11, 2025, 11:03 AM UTC
US stock futures edged lower Tuesday as markets eye tariff policy shifts from President Trump and await inflation testimony from Federal Chair Jerome Powell.
Published on: February 11, 2025, 11:02 AM UTC
Reciprocal tariffs, a key focus for President Trump, could significantly impact global trading relationships. With some allies having high tariffs, Trump aims to balance trade imbalances. However, other nations may argue for lower US tariffs, as the US currently has average tariff levels compared to industrialized nations. Implementation challenges and potential delays at US ports of entry also raise concerns.
Published on: February 11, 2025, 11:01 AM UTC
Published on: February 11, 2025, 11:01 AM UTC
Gold fluctuates after hitting record highs amid global trade war fears, with investors monitoring Fed Chair Powell's testimony for clues on monetary policy.
Published on: February 11, 2025, 11:01 AM UTC
Canadian small-cap stocks outperform larger peers amid ongoing US-China trade war, driven by strength in sectors such as mining and gold.
Published on: February 11, 2025, 11:00 AM UTC