U. S. stock markets saw a slight rise on Thursday, with tech companies leading the charge. This uptick came after Taiwan Semiconductor Manufacturing Co. (TSMC) reported better-than-expected profits for the latest quarter. TSMC's Chief Financial Officer, Wendell Huang, mentioned that the demand for their advanced technologies is expected to remain strong through the e...
The stock market is taking a breather on Wednesday, staying close to its peak levels. After a couple of days of big gains, investors are now wondering if the recent surge will continue. The S&P 500 is just a hair away from its all-time high, while the Dow Jones is down a bit, and the Nasdaq is up slightly. Oil prices have been all over the place this week. They drop...
The stock market saw a significant boost after the U. S. government hinted at a possible easing of trade tensions with China. This shift in stance came after President Trump's comments about reducing tariffs on Chinese goods. This move was seen as a positive sign by investors, leading to a surge in stock prices. The Treasury Secretary's remarks about a pot...
The stock market took a hit on a Thursday. This was the first day of trading after a major announcement. The news? President Trump had declared a 25% tariff on imported cars and car parts. This move is expected to spark a global trade war and drive up the cost of vehicles. The Dow Jones Industrial Average dropped by 250 points, or 0. 5%. The S&P 500 also fell by 0. ...
The stock market took a nosedive recently, with all three major indexes opening much lower than usual. This happened after President Trump hinted at a possible recession during an interview. He mentioned that the economy is going through a "transition period" but wouldn't confirm or deny a recession. This uncertainty sent shockwaves through the market, with the Dow, ...
Stocks in the US took a hit on Thursday, with all three major indexes finishing lower. The Nasdaq, in particular, found itself in correction territory, down 10% from its December high. This wasn't the only bad news for investors. The Dow and S&P 500 are having their worst week since September 2024 and March 2023, respectively. Investors are feeling the pressure of un...
Imagine this: you're a big tech company in the U. S. , riding high on the AI wave. Then, out of nowhere, a little-known Chinese startup called DeepSeek shows off a chatbot that's as good as yours, but way cheaper. That's what happened, and it sent shockwaves through the U. S. stock market. Companies like Nvidia, Broadcom, and even Oracle took a beating. Their stocks ...