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Trump Media Stock Surges After Expansion into Financial Services

Trump Media & Technology Group (DJT) stock surged Wednesday after the company announced it would expand into financial services, including cryptocurrency funds and other investment vehicles.

Trump Meme Coins Draw Skepticism From Prominent Investors

Trump and Melania's Meme Coins Draw Skepticism from Investors, Including Short Sellers

GM Stock Slumps After Earnings Miss, Policy Uncertainty

GM's stock price plunges after earnings report due to concerns about policy uncertainty, negative sales mix, and lack of new share buyback announcement.

EU Moves to Ban Russian Aluminum Imports

Aluminum rises as Europe set to ban Russian imports. EU plan would allow for a 275,000-ton quota over one year before a full ban.

Starbucks Q1 FY2025: Earnings Beat, Same-Store Sales Decline

Starbucks reports Q1 2025 results with mixed performance, aiming to improve margins and service. Same-store sales and foot traffic declined, but revenue and earnings beat expectations. The company focuses on core coffee, pricing, and staffing to drive a comeback.

Trump Floats Names for Potential TikTok Buyers

President Trump suggests TikTok bidders, including Microsoft, Oracle, Elon Musk, and Perplexity AI, as US national security concerns loom over the popular app.

Fed's Next Moves: Cuts vs. Hikes

The Federal Reserve enters 2025 facing critical decisions about interest rate cuts and navigating fiscal changes amid President Trump's policies. Despite market expectations of an uneventful meeting, economists explore scenarios that could prompt a more aggressive approach from the Fed or even a shift to rate hikes.

Stocks Muted Ahead of Big Tech Earnings, Fed Decision

Stocks closed mixed on Wednesday as earnings from Meta and Microsoft failed to impress investors and the Federal Reserve left interest rates unchanged. The tech-heavy Nasdaq Composite (^IXIC) fell 0.97%, the S&P 500 (^GSPC) was down 0.2%, while the Dow Jones Industrial Average (^DJI) rose 0.61%.

ASML Earnings Beat: Strong Demand for EUV Machines Drives Growth

ASML stock rose 5% after beating Q4 earnings estimates and dismissing concerns about AI chip demand. The Dutch semiconductor equipment company reported EPS of 6.85 euros and revenue of 9.2 billion euros, both ahead of expectations. Orders for EUV machines for AI chips doubled in Q4. ASML's 2025 first-quarter sales forecast also surpassed expectations.

Trump Media Expands Into Financial Services, Stock Soars

Trump Media & Technology Group (DJT) stock jumped 12% after announcing plans to expand into financial services, including cryptocurrency funds and exchange-traded funds.