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 financial writer. It has since been picked up by many analysts. It is ...
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...
Apple's stock has been on a rough patch. It's been dropping for eight days straight. This downturn started after a certain political figure made some strong statements. He suggested that if Apple doesn't make iPhones in the U. S. , the company could face big tariffs. This news hit the stock hard, causing it to drop about 22% since the start of the year. This decline ...
Imagine typing out a message on your iPhone and seeing the word "Trump" pop up when you meant to say "racist. " Sounds crazy, right? Well, that's exactly what happened to some iPhone users recently. A glitch in the iPhone's dictation feature was causing this weird word swap. Users shared videos online showing how the bug worked. When they used the dictation feature a...