Wolfspeed Shares Plunge 45% to 27-Year Low Amid CEO Change and CHIPS Act Uncertainty

Wolfspeed’s stock price plummeted nearly 50% following the appointment of a new CEO and increasing uncertainty…

Musk’s “DOGE” Team Arrives at SEC to Find Spending Cuts

Elon Musk’s Department of Government Efficiency (DOGE) has landed at the Securities and Exchange Commission (SEC)…

UBS Joins Wall Street in Downgrading S&P 500 Target Amid Tariff Concerns

UBS Global Wealth Management has lowered its year-end S&P 500 target to 6,400, joining other Wall…

Trump’s Reciprocal Tariffs: A Potential “Absolute Nightmare” for US Ports?

President Trump’s potential rollout of reciprocal tariffs next week is raising concerns about chaos at US…

Fed Faces Tougher Inflation Fight Amid Trump’s Looming Tariff Surge

The Federal Reserve’s inflation battle just got harder as February’s hotter-than-expected PCE data meets fresh tariff…

China’s AI Offensive: Open Source Models Disrupting the Global Market

China’s tech industry, spurred by DeepSeek’s success in creating a powerful AI model at a fraction…

Musk’s Return to Tesla: Can Vision Overcome the Weight of Public Persona?

Elon Musk, the charismatic yet controversial leader of Tesla (TSLA), has seemingly re-engaged with his electric…

Tariff Trepidation Triggers Barclays to Temper S&P 500 Outlook

Analysts at Barclays have joined a growing chorus of financial experts revising their projections for the…

Beyond the Cloud: Nvidia Stakes Its Claim in the Burgeoning Robotics Arena

While still riding the crest of the artificial intelligence wave with its coveted data center chips…

“Tariff Man” Resurfaces, Sending Shivers Through Global Markets

Renewed anxieties surrounding potential tariffs, long anticipated by market participants, materialized on Wednesday as investors braced…

GameStop’s Bitcoin Bet Rattles Investors: Stock Dips on $1.3 Billion Fundraising Plan

Shares of GameStop (GME) experienced a decline of over 8% in after-hours trading on Wednesday following…

Tesla, Amazon, and Microsoft Stocks Are All Slumping — And the Trend May Not Be Over

Once market darlings, Tesla, Amazon, and Microsoft are now caught in prolonged losing streaks. With macro…

UK Chancellor Unveils £2 Billion Housing Fund Ahead of Budget Cuts

Chancellor Rachel Reeves has announced a £2 billion investment in social and affordable housing, aiming to…

BYD Surpasses Tesla in 2024 Revenue With $107 Billion Sales Surge

Chinese EV giant BYD reported a record-breaking $107 billion in 2024 revenue, overtaking Tesla in global…

Turkey Races to Reassure Markets After Imamoglu Arrest Sparks Investor Panic

Turkey’s financial leaders are scrambling to stabilize markets after the arrest of Istanbul Mayor Ekrem Imamoglu…

Alibaba’s Joe Tsai Warns of AI Data Center “Bubble” as Industry Spending Soars

Alibaba Chairman Joe Tsai cautioned that a bubble may be forming in the AI data center…

BlackRock Debuts First Bitcoin ETP in Europe, Expanding Global Crypto Reach

Asset management giant BlackRock has officially launched its first European bitcoin exchange-traded product, the iShares Bitcoin…

Stock Futures Slip as Markets Brace for Trump’s Tariff Moves and Recession Risks

U.S. stock futures edged lower Tuesday morning, as investors weighed the potential impact of President Trump’s…

U.S. Economic Growth Is Slowing — But Signs Still Point Away From Recession

While GDP forecasts are being revised downward, current data suggests the U.S. economy is moderating—not collapsing.…

European Stocks Edge Higher Ahead of Key German Business Sentiment Report

European markets opened in positive territory on Tuesday as investors looked ahead to Germany’s latest Ifo…