The S&P 500 had a good day, climbing 0. 6% on May 1. This marked the eighth day in a row of gains. The boost came from strong earnings reports from big tech companies, Microsoft and Meta. These reports helped ease worries about tariffs affecting tech giants. Microsoft's stock shot up after it beat
The U. S. and China are the two biggest players in the global economy. They have been in a trade war for a while. Now, China is considering if it wants to start talking to the U. S. again. This could be a big deal for the world's economy. The U. S. has been trying to start talks with China. They wan
Amazon recently shared its financial results, and it's a bit of a mixed bag. The company's sales were higher than what experts predicted. They made $155. 67 billion, which is more than the expected $155. 1 billion. This is a significant amount of money, showing that Amazon is still a major player in
The CEO of General Motors, Mary Barra, started her quarterly letter to investors with a nod to President Trump. She thanked him for his backing of the U. S. auto industry. However, she later revealed a significant issue: the company expects to face a financial hit of $4 billion to $5 billion due to
Trump Media and Technology Group has just received the green light from its shareholders to make a significant change. The company is set to leave Delaware and reincorporate in Florida. This decision was backed by a overwhelming majority, with 136 million votes in favor and only around 270, 000 vote
People in the US are feeling less sure about the economy. This feeling has been getting worse for five months straight. Now, it is at its lowest point since the COVID-19 pandemic started. The Conference Board, which tracks how people feel about the economy, said its confidence index dropped by 7. 9
Temu, a popular online shopping platform, has started adding import charges to its products. This means that items you buy might end up costing more than twice their original price. For instance, a summer dress that was $18. 47 now comes with an extra $26. 21 in import charges, making it $44. 68. Th
The stock market has been on a wild ride in April. It started with President Trump's big tariff announcement. Then, he took back some of the toughest parts. This back and forth caused stocks to swing up and down like a rollercoaster. The S&P 500 even briefly entered a bear market. That's when s
The financial world in Asia-Pacific was quite calm on Monday. Investors were busy evaluating China's plans to boost local businesses. They were also keeping an eye on the ongoing trade talks between the U. S. and various countries in the region. China's finance minister, Lan Fo'an, had made some bi
The upcoming week is packed with significant events that could shake up the financial world. First off, President Trump will reach his 100th day in office on Wednesday. This milestone comes at a time when his trade policies have stirred up quite a bit of uncertainty in the stock market. Investors
