The "TACO trade" is a new buzzword on Wall Street. It stands for "Trump always chickens out. " This term is used to describe a pattern in the market. The market drops when Trump threatens to raise tariffs. Then it bounces back when he delays or reduces these threats. This term was first used by a fi
HP, a major player in the tech world, recently shared its second-quarter results. The news? It's a mix of good and bad. On one hand, the company's revenue was higher than what experts predicted. On the other hand, earnings and future predictions fell short, partly due to President Donald Trump's tar
The fashion world is buzzing with news from Abercrombie & Fitch. Despite a gloomy forecast due to tariffs, the company's shares skyrocketed. This unexpected reaction came after the retailer announced a significant drop in its profit outlook. Tariffs, particularly a 30% hit on imports from China and
Nvidia is gearing up to share its financial results for the first quarter of the fiscal year. This event is highly anticipated, as it will shed light on how the company is handling the tariffs introduced by former President Donald Trump. Additionally, investors are eager to see how Nvidia is faring
The term "TACO trade" was created by Wall Street analysts. It stands for "Trump Always Chickens Out. " This phrase is used to describe the president's habit of not following through on his tariff threats. This term has been used to explain why markets have been performing well recently. The pres
The stock market had a wild ride this week. On Tuesday, it surged, with the S&P 500 seeing its biggest jump in ages. This sudden boost came after President Trump decided to put a pause on a planned 50% tariff hike on European goods. This move was a big deal because just days earlier, Trump had threa
Razer has quietly increased the price of its high-end gaming laptop, the Blade 18. This laptop is a powerful portable gaming desktop. It was originally announced at a different price. The base model, which comes with an RTX 5070 Ti graphics card, has seen a $300 price jump from $3, 199. 99 to $3,
In May, Americans felt a bit more optimistic about the economy. This shift came after five months of declining confidence, which hit a low point in April. The main reason for the earlier pessimism? Worries about the impact of President Donald Trump's tariffs. The Conference Board's consumer confide
There was a significant rise in stock prices on Tuesday. This happened after Trump announced he was pushing back the deadline for imposing tariffs on the European Union. The S&P 500 index went up by about 2%. The Dow Jones Industrial Average saw a gain of 713 points, which is roughly 1. 7%. The Nasd
A former sheriff from Virginia, Scott Jenkins, found himself in the news again. This time, it was because he received a pardon from former President Donald Trump. Jenkins, who was 53 years old at the time of his conviction, had served as the sheriff of Culpeper County for over a decade. He was first
