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 Nasdaq, known for its tech stocks, increased by approximately 2. 4%. Inve...
Salesforce has made a significant move to boost its artificial intelligence capabilities. The company is acquiring Informatica, a cloud data management firm, for a whopping $8 billion. This deal is all about giving Salesforce's AI a major upgrade. The company's shares saw a slight increase, while Informatica's shares jumped by about 6%. The acquisition is expected to...
The U. S. and EU have decided to postpone a planned 50% tariff on EU imports. This change came after a conversation between President Donald Trump and European Commission President Ursula von der Leyen. Trump mentioned that the delay was requested by von der Leyen. She wanted more time to negotiate. This is not the first time Trump has threatened tariffs only to ...
The former US President Donald Trump has recently stirred the pot in international trade. He has threatened to impose a hefty 50% tariff on goods coming from the European Union. This move comes after he felt that the current trade talks were not going anywhere. He pointed out several issues with the EU's trade practices, including high taxes and unfair laws against A...
On May 20, 2025, the stock market experienced a shift. The previous day's gains were not enough to keep the momentum going. The S&P 500, which had been on a winning streak for six days, finally took a pause. It dropped by 0. 39%, closing at 5, 940. 46. The tech-heavy Nasdaq Composite also saw a slight decline of 0. 38%, ending at 19, 142. 71. The Dow Jones Industrial...
The United States faced a significant credit rating downgrade. This is not the first time this has happened. The last two times were in 2011 and 2023. This time, it was Moody's turn to lower the rating. They dropped the US credit rating from Aaa to Aa1. This change sent shockwaves through the financial markets. The impact was immediate. Treasury yields spiked,...
The leader of a major US bank, Jamie Dimon, has a warning for investors. He thinks markets and central banks are not paying enough attention to serious risks. These risks include huge government deficits, trade tensions, and the possibility of higher inflation. Dimon shared his thoughts during a meeting with investors in New York. Dimon is not alone in his conce...
Monday was a rough day for financial markets. Investors were in a selling mood, dumping U. S. stocks, bonds, and even the dollar. This triple whammy is a clear sign that confidence in the world's biggest economy is waning. The S&P 500 index took an early hit, dropping by about 1 percent in New York trading. Meanwhile, bond markets were in turmoil. U. S. Treasury pric...
Tesla's new Model Y is facing a tough time winning over customers. This is despite the fact that the company rolled out a refreshed version in January. The car maker is now offering big incentives to lure buyers. Some financing deals for the new Model Y come with a 0% interest rate. This is unusual for a new model in the industry. The company's shares have been vola...
On Wall Street, the market is showing a mixed picture. Some stocks are up, while others are down. This is due to a variety of factors, including big deals and unexpected news. The sportswear giant Nike is expected to benefit from a major acquisition. Dick's Sporting Goods is buying Foot Locker for around $2. 4 billion. Analysts believe this deal will strengt...