On Thursday, April 10, U.S. markets closed lower as renewed fears over President Trump’s escalating trade war with China erased much of the previous day’s historic rally. The S&P 500 and Nasdaq had surged following a 90-day tariff reprieve, but…
JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon warned Wednesday that escalating U.S.-China trade tensions have significantly increased the risk of a recession after President Donald Trump's tariff policies destabilized financial markets. The Details: During a Fox Business interview, Dimon…
The apparel industry is bracing for a significant impact as tariffs are set to increase the cost of clothing, potentially ending the era of cheap garments. What Happened: The Trump administration’s tariffs are poised to hit the clothing industry particularly…
As the global trade war escalates due to unprecedented U.S. tariffs, this analyst has mapped out three possible economic scenarios, with the worst-case outcome forecasting a deep recession and a potential stock market plunge of up to 60%. What Happened:…
TKO Group Holdings Inc (NYSE:TKO) shares are trading higher Wednesday after the company announced a multiyear partnership with Meta Platforms Inc (NASDAQ:META). What Happened: The UFC, which is part of TKO Group, announced a multi-year deal with Meta to leverage…
Alibaba Group Holding (NYSE:BABA) global online wholesale marketplace Alibaba.com recorded a 27% growth in orders from U.S. SME buyers during the March 2025 Expo. March Expo connects millions of buyers with millions of suppliers worldwide, helping them discover the latest…
Lockheed Martin Corp (NYSE:LMT) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) owned Google Public Sector have announced on Thursday a strategic partnership to integrate Google’s advanced generative artificial intelligence (AI) into Lockheed Martin’s AI Factory ecosystem. The initiative aims to enhance the…
Goldman Sachs analyst Kate McShane on Tuesday reiterated a Buy rating on the shares of Bath & Body Works Inc (NYSE:BBWI) with a price forecast of $49.00. BBWI is leveraging collaborations, like its Disney Princess collection, to boost customer traffic…
Bitcoin (CRYPTO: BTC) may have outgrown its status as just a hedge against traditional finance risks and is increasingly behaving like a Nasdaq-listed tech stock, according to new research from Standard Chartered's Head of Digital Asset Research, Geoffrey Kendrick. What…
A record number of Tesla Inc. (NASDAQ:TSLA) vehicles have been traded this month, following protests against CEO Elon Musk’s role with the Donald Trump administration and the Department of Government Efficiency (DOGE), as per data from Edmunds. What Happened: Tesla…