The AI trade roars back after its worst week since April tariff announcements
The AI trade is roaring back after getting speed checked last week. Baskets of US AI beneficiaries compiled by Morgan Stanley and Bank of America, which just suffered their worst week since the Rose G...
Bitcoin rallies on “renewed optimism” amid hopes of government shutdown ending
Bitcoin rallied over the weekend, after the Senate advanced a deal that could end the government shutdown and President Trump posted about a potential $2,000 tariff “dividend” for many Americans. is u...
Volatile stocks are getting shellacked — and they’re the jumpiest they’ve been since the aftermath of April’s tariff announcements
The high-flying, more speculative pockets of the market are getting crushed today, after ripping higher yesterday, which was preceded by them getting slammed on Tuesday. So if you think volatile stock...
e.l.f Beauty plunges as tariff headwinds wreak havoc on Q2 results, full-year outlook
The same day that tariff-exposed stocks soared as traders judged that the Supreme Court was likely to rule against a large portion of President Trump’s tariffs , showed just how much these changes to...
Markets rally as SCOTUS looks likely to weigh against tariffs and hope rises for end to US government shutdown
US stocks regained momentum on Wednesday as the Supreme Court weighed Trump’s tariffs , sending a bevy of tariff-sensitive stocks higher . The president also signaled heightened urgency to end the US ...
Tariff losers are today’s big winners as Supreme Court seen as likely to strike down Trump’s IEEPA tariffs
US companies in the crossfire of wide-ranging tariffs imposed by the Trump administration are surging as the Supreme Court hears oral arguments on the legality of levies imposed under the Internationa...
Blockbuster drug sales power Big Pharma’s Q3 earnings as tariff fears fade
Drug sales, driven by blockbuster weight-loss and diabetes drugs, continued to impress Wall Street this earnings season as the pharmaceutical industry’s tariff fears start to fade. Most major drugmake...
Top Trump trade hit by Trump tariffs
In the early days of Trump 2.0, , the maker of Taser, body cameras, and other gear for police and security forces, was a top Trump trade . That is, it was one of the group of companies whose share pri...
The stock market wants to move on from tariffs. The Supreme Court may not let that happen.
For the stock market, tariffs have largely been a solved problem for months — barring the recent flare-up with China over rare earths, which was seemingly resolved by a meeting between US President Do...
Trump’s deal offering top Nvidia chips to China was nixed at last minute, the WSJ reports
CEO, Jensen Huang, really wants to sell the chipmaker’s most powerful Blackwell GPUs to China. He almost had his way. According to a report from The Wall Street Journal, President Trump was ready to ...
US key mineral stocks dip as White House says China’s rollback of rare earth export curbs more comprehensive than previously thought
Shares of US rare earth and key mineral producers are lower in premarket trading after the White House said that China’s rollback of export curbs goes further than previously thought. Initial news rep...
US mineral stocks soar on lack of full rollback of China’s rare earth export curbs
There’s a silver lining for US mineral stocks even after US President Donald Trump rated his Chinese counterpart Xi Jinping in South Korea a “12 out of 10.” China is delaying the imposition of its pla...
US stocks close at record highs on US-China trade truce optimism
US stocks kicked off the week on a positive note, after top officials from the US and China signaled that positive discussions this weekend had cleared the runway for the world’s two largest economies...
Bitcoin rises as China talks, Fed cut trigger risk appetite
reclaimed $115,000 over the weekend and is up 1% in the past 24 hours as optimism over trade talks with China and the impending Fed rate cut decision on Wednesday are buoying market risk appetite. Geo...
China could start making “substantial” purchases of US soybeans, America’s biggest agricultural export
Last year, China bought more than $12 billion worth of American soybeans. Since the summer, however, not a single bean has been shipped, one of many commodities that fell victim to the simmering trade...
Semiconductor stocks soar on telegraphed trade truce with China
Semiconductor stocks, which were sold hard when US-China trade tensions flared up earlier this month, are being scooped up again in earnest after top officials from both countries indicated that posit...
Equity futures rally, but rare earth stocks sink, as top officials bring US-China trade deal close to the finish line
Stock futures are starting off the week on a positive footing after top US and Chinese economic officials said they ironed out many contentious trade issues ahead of a much-anticipated meeting between...
GM surges on better-than-expected Q3 earnings, forecasts a smaller hit from tariffs and higher profits
Electric vehicle sales and elevated profits revved up in the third quarter, sending shares surging more than 9% in premarket trading Tuesday. If these gains hold, it would mark the stock’s best day o...
Microsoft is moving most of its production out of China
plans to shift the production of the majority of its new hardware, including Surface laptops and data center servers, outside China potentially by early next year, Nikkei Asia reports . It’s the lates...
Critical Metals is now worth more than $3 billion. It had only four full-time employees at the end of June
Since President Trump’s interest in the sector kicked off a flurry of buying activity, the hottest trade on Wall Street has been in rare earth stocks. Names like , , , and have soared as investors wa...