Posts with tag: style
President Trump says he would approve a deal for Elon Musk or Larry Ellison to buy TikTok, with the US getting a 50% stake in return for a "permit." Experts say such a venture may face legal challenges.
Published on: January 22, 2025, 12:01 AM UTC
President Trump favors Elon Musk or Larry Ellison buying TikTok in order to save TikTok's US operations, despite the ban on the app. A 50-50 "joint venture" between the US and TikTok's Chinese parent company, ByteDance, is one proposed solution. However, legal experts question whether such a move would meet the demands of the law, as it would likely not sever ByteDance's operational relationship with TikTok.
Published on: January 22, 2025, 12:00 AM UTC
The SEC's new cryptocurrency task force, the Trump administration's pro-crypto stance, and industry anticipation for executive orders are driving investor enthusiasm in the crypto market. Bitcoin surpassed $106,000, while applications for crypto-related ETFs surge. The industry awaits potential executive orders and the repeal of Biden's crypto-related directive.
Published on: January 21, 2025, 09:01 PM UTC
US stocks climbed as President Donald Trump struck a better-than-feared tone on global trade and speculation grew that his policies will further boost Corporate America. Bonds continued to unwind the recent surge in yields that roiled markets.
Published on: January 21, 2025, 09:00 PM UTC
Stocks rise, dollar falls as investors react to Trump's first policy moves. Tesla, EV stocks fall on end of electric vehicle mandate.
Published on: January 21, 2025, 06:01 PM UTC
Meme coins launched by former US President Donald Trump and his wife Melania Trump raise concerns about potential risks for retail investors. Despite the Trump coin's initial rise, its market cap has since dropped significantly, while the Melania coin trades at a lower market valuation. Financial analyst Anthony Scaramucci warns of potential losses for investors and criticizes Trump's involvement, highlighting ethical and reputational concerns. The article explores the potential impact of these meme coins on the cryptocurrency market and discusses broader economic and political implications.
Published on: January 21, 2025, 04:02 PM UTC
US stocks climbed on Tuesday as investors assessed President Trump's first-day orders and the prospect of tariffs on Mexico and Canada. The Dow Jones Industrial Average and S&P 500 moved up, while the Nasdaq Composite rose slightly. Earnings reports from Netflix, Charles Schwab, and 3M Company are expected to provide more insights.
Published on: January 21, 2025, 04:00 PM UTC
Eurasia Group founder and president Ian Bremmer warns that the US is headed for a trade war with China this year as Donald Trump assumes the presidency for the second time.
Published on: January 21, 2025, 03:03 PM UTC
US stock futures rose on Tuesday after a quiet start to Trump's presidency, with investors eyeing tariffs and earnings.
Published on: January 21, 2025, 01:01 PM UTC
Tata Technologies reports better-than-expected Q3 profit on strong demand for services, technology; revenue rises 2% to 13.17 billion rupees.
Published on: January 21, 2025, 12:00 PM UTC