A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Steel and aluminum stocks surged Monday after President Donald Trump said he will impose 25% duties on all imports of the metals into the U.S. Cleveland-Cliffs surged more
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States
Tom Yeung here with today’s Sunday Digest. Keeping up with President Donald Trump’s announcements has become a full-time job. In the past week alone: He announced 25% tariffs on Mexico and Canada, only to delay them at the last minute…. He closed the “Shein Loophole” that exempted small packages from Chinese import duties, forcing the
In this article VZ IBM EPR Follow your favorite stocksCREATE FREE ACCOUNT The IBM logo is displayed on a smartphone in Poland. Omar Marques | Lightrocket | Getty Images Talk around tariffs, the emergence of China’s DeepSeek and earnings of key companies have put the stock market on a roller-coaster ride. Investors seeking stable returns
In this article BDX Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Company: Becton Dickinson and Co (BDX) Business: Becton Dickinson develops, manufactures and sells medical supplies, devices, laboratory equipment and diagnostic products for health-care institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry and the public
Over the past two weeks, the world’s biggest technology companies – including Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOGL), Meta (META), and Tesla (TSLA) – have all reported earnings. These quarterly results have been pretty stellar. But the conference calls and investor presentations are what offer Wall Street insight into how these Big Tech companies feel
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter
If you were going by the headlines alone this week, you may be thinking that tech giants Alphabet (GOOGL) and Qualcomm’s (QCOM) recent earnings reports just signaled the end of the AI Boom. After announcing quarterly results, both stocks dropped sharply in response. In fact, GOOGL suffered a near-10% drawdown – one of its biggest
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT TrumpCoin cryptocurrency price on Binance website is displayed for illustration photo. Krakow, Poland on Januar 20th, 2025 (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | Nurphoto | Getty Images Meme coins plummeted over the weekend as President Donald Trump signed long threatened tariffs
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Asset management giant Vanguard announced broad fee cuts for many mutual funds and ETFs on Monday, reinforcing its standing as one of the cheapest options for investors. The move reduces fees on 87 different funds, and 168 total share classes of those funds. The average
In this article BRK.A SIRI FWONA Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway once again scooped up shares of Sirius XM, boosting its stake in the satellite radio company
US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty Images President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool
Bundles of steel from Nucor Corporation sit for sale at Thompson Building Materials in Lomita, California, on Aug. 30, 2012. Patrick Fallon | Bloomberg | Getty Images U.S. steelmakers should be beneficiaries of President Donald Trump‘s new tariffs, but Wall Street warned that there are some risks in the longer term. On Saturday, Trump slapped
In this article TWLO NFLX ISRG Follow your favorite stocksCREATE FREE ACCOUNT Jaque Silva | Nurphoto | Getty Images Investors had a volatile end to January as they weighed the Federal Reserve’s pause on rate cuts, a busy earnings season and the prospect of new tariffs. Given these dynamics and the volatility in the stock
Earlier this week, AI stocks had their worst day in recent memory after a new Chinese AI model, dubbed DeepSeek—a Chinese version of ChatGPT that is nearly as good but supposedly cost 95% less to develop—sparked fears that companies may not need to spend as much on creating new AI models as previously thought. AI
In this article MCG Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Getty Images Company: Soho House & Co Inc (SHCO) Business: Soho House provides a global membership platform of physical and digital spaces that connects diverse groups of members from across the world. The members use the platform to work,
At the start of this week, Wall Street was concerned about a new, super-cheap AI model from China dubbed DeepSeek upending long-term spending plans on AI infrastructure. By the end of the week, investors had seemingly forgotten all about the “DeepSeek scare.” A wave of strong tech earnings put those fears to rest. And rightfully
The action on Wall Street this week has been dominated by the DeepSeek breakthrough out of China, which sent AI stocks like Nvidia (NVDA) on a roller-coaster ride all week long. But while AI stocks were whipsawing up and down, the rest of the market quietly powered higher because of one thing: the Federal Reserve.
In this article A Follow your favorite stocksCREATE FREE ACCOUNT Chubb CEO Evan Greenberg Scott Mlyn | CNBC California is a tough market for insurers — and growing more so, according to Chubb CEO Evan Greenberg. The executive has long proclaimed that Chubb won’t write insurance where it can’t get a reasonable return for taking
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects only one rate cut for 2025 — two reductions at most — as the Federal Reserve patiently awaits incoming data to assess the state of the labor market and