Trump’s new tariffs threw China into a currency crisis: TrendMacro CIO
TrendMacro CIO Donald Luskin discusses the ongoing U.S.-China tariff war and why he is critical of Federal Reserve Chairman Jerome Powell.
Shares of cruise line stocks plunged in trading on Tuesday as the market continues to grapple with economic uncertainty. Industry giant Carnival (NYSE: CCL) (NYSE: CUK) was down as much as 11.3% in trading today, Royal Caribbean Cruises (NYSE: RCL) fell 10%, and Norwegian Cruise Line Holdings (NYSE: NCLH) dropped 11.8%. The news continues to be murky at best with companies warning of slowing sales in a variety of sectors, consumers experiencing inflation, and the Federal Reserve continuing to indicate that it will keep raising interest rates.
Yahoo Finance's Dave Briggs discusses what to expect from Nvidia earnings.
This super investor is going against the herd. Maybe you should, too.
These passive income powerhouses will bring in between $101 million and $904 million annually for Berkshire Hathaway.
’A sharper downturn in residential investment is now underway,’ said Doug Duncan, chief economist at Fannie Mae.
Asset manager Cathie Wood also bought shares of her flagship fund's No. 3 holding and shares of a cryptocurrency exchange.
Boeing (NYSE: BA) just can't seem to steer clear of turbulence, and investors along for the ride are likely feeling airsick. Boeing hasn't given investors much to get excited about over the past few years. The company was already under pressure when the pandemic hit due to issues with its 737 MAX, a plane that was grounded for 18 months following a pair of fatal crashes.
Snap (NYSE: SNAP) issued a warning after the market close on Monday, suggesting that the economic picture was rapidly declining, sending its stock down as much as 41.7%. Pinterest (NYSE: PINS) was hit the hardest, with shares down roughly 22% at 1:30 p.m. ET. Shares of The Trade Desk (NASDAQ: TTD) and Roku (NASDAQ: ROKU) had fallen 19.8% and 18%, respectively.
Shares of Shopify (NYSE: SHOP) were sliding today as the e-commerce software company was one of several tech stocks to fall in sympathy with Snap (NYSE: SNAP), which warned that second-quarter results would come in below its earlier guidance and blamed a deteriorating macroeconomic environment for the downward revision. As of 1:35 p.m. ET, Shopify stock was down 10.4%, while Snap had plunged 41.9% at the same time.
(Bloomberg) -- Eighteen students and one teacher were killed during a massacre in a Texas elementary school, the deadliest US school shooting since the Sandy Hook tragedy almost a decade ago. Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Finish Off Session Lows While Bonds Climb: Markets WrapSocial Media Stocks Sink to Erase $135 Billion on Snap WarningTexas Shooter Kills 18 Elementary School Children, One TeacherHungary’s Orban Declares S
Our call of the day comes from Jefferies analysts, who round up some small to medium-size stocks that have been hit unreservedly hard in this market rout.
Despite brief periods of respite, the markets have mostly trended south in 2022, with the NASDAQ’s 28% year-to-date loss the most acute of all the main indexes. So, where to look for the next investing opportunity in such a difficult environment? One way is to follow in the footsteps of the corporate insiders. If those in the know are picking up shares of the companies they managed, it indicates they believe they might be undervalued and poised to push higher. To keep the field level, the Federa
In this article, we discuss the 6 tech stocks to buy today according to billionaire David Tepper. If you want to skip our detailed analysis of Tepper’s investment philosophy, hedge fund returns, and history, go directly to 3 Tech Stocks To Buy Today According To Billionaire David Tepper. Legendary investor, philanthropist, and co-founder of the […]
After a brief respite on Monday, shares of electric-vehicle (EV) leader Tesla (NASDAQ: TSLA) turned back south again on Tuesday. Tesla has announced plans to resume full-capacity production of EVs at its Shanghai Gigafactory as early as today. If it succeeds in getting production back up to full speed, it could be churning out nearly 950,000 vehicles per year in China, putting it back on track toward its goal of producing 1.5 million EVs per year.
Last week, the S&P 500 finished Friday’s session with a rally that gave the index a small gain of 0.15% for the day. It was a good thing, too, since the index flirted with a net-20% loss during the session. That’s bear market territory, the kind of market move that will further spook investors after a springtime of headwinds. Inflation is running at 40-year high levels, Q1 showed a net economic contraction, Russia’s war on Ukraine promises to further damage supplies and prices in the food, cooki
The Permian Basin is preparing to unleash a torrent of gas to meet exploding LNG demand, and the pipeline industry could benefit in a big way
Long-suffering tech stock investors had to endure yet another painful trading session on Tuesday. Apple (NASDAQ: AAPL) shareholders saw their company lose nearly 2% of its value. Limiting the damage to Apple was a glowing research note from Bank of America.
Pfizer's nearly $7 billion takeover of Arena paid off Tuesday in ulcerative colitis treatment. The results could send Pfizer stock higher.
The market spiral will end “when the Fed puts a line in the sand on inflation and says it will do ‘whatever it takes,’” says billionaire investor Bill Ackman.
(Bloomberg) -- Tesla Inc. shares struggled Tuesday as the electric-vehicle maker’s production woes in China refuse to go away, leading another analyst to slash his 12-month price target on the once high-flying stock.Most Read from BloombergPlot to Kill George W. Bush in Revenge for Iraq War Was Foiled, FBI SaysStocks Finish Off Session Lows While Bonds Climb: Markets WrapSocial Media Stocks Sink to Erase $135 Billion on Snap WarningTexas Shooter Kills 18 Elementary School Children, One TeacherHu