The stock market took a dip on Thursday, with major indexes showing declines. The Dow Jones Industrial Average fell by 0. 3%, while the S&P 500 and Nasdaq Composite dropped by 0. 5% and 0. 8%, respectively. This downturn came after a few days of gains, which were modest due to ongoing uncertainty about trade policies. The market had been recovering from early April l...
Broadcom recently shared its second-quarter earnings, and it was a big win. The company made more money than experts thought it would. This success is partly thanks to its focus on custom chips for artificial intelligence. These chips are in high demand, especially from big tech companies. The company's revenue grew by 20% compared to the same time last year. This i...
Circle Internet Group, a U. S. company, made a splash on the New York Stock Exchange. On Thursday, it started trading its shares, and the price shot up quickly. This caught the eye of many crypto fans and investors. Circle is known for creating USDC, a type of digital money called a stablecoin. USDC can be swapped for U. S. dollars at a 1-to-1 rate. Circle also has a...
Trade tensions heated up on June 2. This caused a stir in the global market. Investors became cautious. They decided to avoid risky investments. This led to a drop in Asian shares and US stock futures. The president of the United States made a bold move. He announced plans to double tariffs on steel and aluminum imports. He also accused China of not keeping it...
Constellation Software, a major player in the tech industry, is currently under the spotlight. A recent report has kept its Buy rating intact, with a predicted price of C$5, 700. 00. This is a notable increase from its closing price of C$4, 975. 76 the day before. This prediction comes from an expert who focuses on the tech sector, including big names like Shopify an...
The trade relationship between the United States and China hit a rough patch. The latest development? A public accusation from the U. S. President. He claimed that China had not kept its end of a recent trade bargain. This news sent a ripple through the stock market, causing a slight dip in early trading. Trade agreements are complex. They involve lots of back-and-f...
Nvidia's chip sales have skyrocketed, defying trade tensions and market volatility. This tech giant saw a massive 69% increase in chip sales in the first quarter of 2025, compared to the same time last year. This surge is largely due to the company's advanced chips, which are crucial for artificial intelligence (AI) technology. The tech world has been on e...
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 a 10% levy on goods from various other countries, are expected to cos...
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 in the competitive Chinese market, where its share has been decreasin...
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 threatened to slap these tariffs on the EU. Investors were quick to react...