Oil is a big deal for Iran. It makes up over 40% of the country's exports. So, when Trump threatened to punish countries buying Iranian oil, it was a significant move. This threat came just after planned talks between the US and Iran were delayed. The talks, set to happen in Rome, were supposed to d
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
The recent escalation in tensions between the United States and Iran has taken a new turn. The U. S. President has declared a tough stance against Iran's oil exports. This move is part of a broader strategy to pressure Iran, especially as talks about its nuclear program stall. The president has warn
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
General Motors is bracing for a significant financial hit due to the Trump administration's tariffs on imported cars and auto parts. The company anticipates these tariffs will cost them between 4 and 5 billion dollars this year. This news comes as a blow to GM's profit expectations. The company has
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
Laptops have become a must-have for work, study, and play. With the rise of remote work, having a reliable and speedy laptop is more important than ever. Luckily, the market is flooded with great deals right now, making it a perfect time to upgrade. For those who need a powerful machine for gaming,
Sony is facing a big choice. Should it split off its chip-making business? This business, known as Sony Semiconductor Solutions (SSS), could become its own company. This move might happen as soon as this year, according to reports. Sony might keep a small part of SSS after the split. The value of t
The Google Play Store has seen a massive drop in the number of apps it hosts. From the beginning of 2024, the number of apps available for Android users worldwide fell from about 3. 4 million to around 1. 8 million. That is a significant decrease of about 47%. This change is not a global trend. Appl
