US trading partners trying to navigate the final weeks of negotiations before President Donald Trump’s so-called reciprocal tariffs hit are facing a leader who has made clear he’s lost patience with talks. Even as negotiators from Brussels to New Delhi are racing to find a way out of the punishing levies he’s floated, Trump continued […]
This year has been a wild ride for the stock market. After sinking by nearly 20% between February and April, the S&P 500 (SNPINDEX: ^GSPC) has since soared by just around 26% from its low point — officially reaching a new peak in July. However, the market can change on a dime, especially with a […]
ODP Corp. (ODP) ended the recent trading session at $18.16, demonstrating a -2.21% change from the preceding day’s closing price. This change lagged the S&P 500’s 0.33% loss on the day. At the same time, the Dow lost 0.63%, and the tech-heavy Nasdaq lost 0.22%. The stock of office supply retailer has risen by 2.54% […]
Amplify Energy Corp. (NYSE:AMPY) is among the fundamentally strong penny stocks to invest in. Benchmark has reaffirmed its Buy rating on Amplify Energy Corp. (NYSE:AMPY), with an unchanged price target of $11.00, citing the optimism surrounding the sale of Eagle Ford non-operated production. This potential surge of over 200% from the current levels means that […]
Bitcoin (BTC-USD) vaulted to a fresh all-time high Friday, breaking above $118,000 amid a wave of bullish momentum across risk assets. The token’s price action coincides with AI giant Nvidia’s (NVDA) surge to a $4 trillion valuation, highlighting crypto’s tie with tech. The tech-heavy Nasdaq Composite (^IXIC) hit a fresh record on Wednesday, and the […]
Nvidia co-founder and CEO Jensen Huang is now nearly as rich as longtime billionaire Warren Buffett — and could even soon surpass the Oracle of Omaha, in terms of net worth. Huang, 63, has a $142 billion net worth — including a $27.6 billion increase since January 1 — according to a Bloomberg estimate on […]
Nvidia stock rose on Wednesday lifting the company’s market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that’s building the bulk of the hardware for the generative artificial intelligence boom. However, Nvidia stock ended finishing the day only up 1.8%, giving the company a market […]
TAIPEI (Reuters) -TSMC(TSM), the world’s largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company’s products leaps on surging interest in artificial intelligence applications. Revenue for April-June came in at T$933.8 billion ($31.9 billion), according to Reuters calculations, rising 38.6% from T$673.51 billion in […]
Oil steadied as traders weighed signs of swelling US crude stockpiles and the fallout from President Donald Trump’s tariff regime. Brent held near $70 a barrel after a two-day gain, and West Texas Intermediate was around $68. US inventories rose by 7.1 million barrels last week, according to the American Petroleum Institute. That would be […]
The yen took a hit on Tuesday after U.S. President Donald Trump reiterated his plan to impose 25% tariffs on goods from Japan and South Korea in the latest twist of his unpredictable trade war. The Australian dollar charged higher after the country’s central bank defied market expectations and left its cash rate steady at […]
US stocks fell on Monday as President Trump threatened tariffs on a handful of US trading partners, including moving forward with 25% levies on imports from Japan and South Korea starting in August. The Dow Jones Industrial Average (^DJI) slipped more than 400 points, or almost 1%. The S&P 500 (^GSPC) also backed off 0.8%. […]
Copper and other industrial metals extended losses after US President Donald Trump injected fresh uncertainty into his trade agenda with a pledge to impose a 10% tariff on countries aligned with the BRICS bloc of nations. The duty would be charged on top of any other tariffs and there would be no exceptions to the […]
