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
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
Japan's stock market had a thrilling day recently. Shares in many companies skyrocketed. Why? Because Toyota, the giant carmaker, announced a massive plan. They want to take their parts-making subsidiary, Toyota Industries, private. This move could be worth a staggering 42 billion dollars. It's a hu
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 financial world is gearing up for a busy week. Investors are keeping a close eye on the market as the first-quarter earnings season hits its peak. More than 180 companies from the S&P 500 are set to reveal their quarterly results. Among them are tech giants like Amazon, Apple, Meta Platforms, an
The stock market's recent upswing is losing momentum. Friday's trading saw a mix of gains and losses, wrapping up a week of volatility. The S&P 500 dipped slightly, with nearly three-quarters of its stocks falling. The Dow Jones Industrial Average dropped by 237 points, or 0. 6%, while the Nasdaq
The US economy is under pressure. Investors started the week with a bang, but not the good kind. Stocks, bonds, and the US dollar all took a hit. Why? It all started with a social media post. President Trump took a shot at Federal Reserve Chair Jerome Powell. He called Powell a "major loser" f
The financial world started the week with a jolt. Stocks, bonds, and the dollar all took a nosedive. Why? Because investors are spooked. They're worried about the independence of the Federal Reserve. The White House has been throwing some serious shade at the Fed, and it's not sitting well with inve
