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'No Change' In Apple's Production Plans, Says India, Despite Trump's 'Little Problem' With CEO Tim Cook: Report
Friday, May 16, 2025 - 3:57am | 684Read More...Despite the recent criticism from U.S. President Donald Trump, India remains committed to its growing partnership with Apple Inc. (NASDAQ:AAPL). What Happened: The Tim Cook-led company has reassured the Indian government of its commitment to continue using India as a major manufacturing base. This...
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Walmart E-Commerce Turns Profitable For The First Time: Despite Reduced Tariffs, CEO Says Full Impact Can't Be Absorbed, Price Hikes Likely
Friday, May 16, 2025 - 2:46am | 742Read More...Multinational retailer Walmart Inc.‘s (NYSE:WMT) e-commerce businesses turned profitable for the first time in the U.S. and globally during the first quarter of the ongoing fiscal year despite looming tariff uncertainties. What Happened: CEO Doug McMillon expressed optimism over the company...
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Wall Street Getting Nervous? Magnificent 7 Giants Face $33M Bet Against Them As Market Turbulence Looms
Thursday, May 15, 2025 - 11:48pm | 1075Read More...Options activities show a sudden burst in bearish sentiment in the markets, particularly among large-cap tech stocks, following $33 million worth of put options being purchased. What Happened: On Thursday, popular newsletter The Kobeissi Letter shared a chart on X, showing rising put option volumes...
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China Tops US In Global Favorability After 'Liberation Day,' Trump Tariffs Blamed For International Image Slide
Thursday, May 15, 2025 - 4:43pm | 846Read More...A trade war between China and the United States, involving President Donald Trump’s higher tariff prices, could be hurting the nation’s favorability rating. A new survey shows that net favorability for China has surpassed the United States for the first time since polling began in 2020...
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What Recession? Markets Have Erased Every Last Bit Of Economic Pessimism
Thursday, May 15, 2025 - 3:49pm | 911Read More...Five weeks ago, markets and businesses were bracing for the worst. Donald Trump's sweeping April 2 tariff announcement sparked panic across equities and credit markets, igniting fears of a trade-driven recession. But fast forward to mid-May, and the last traces of that economic pessimism have been...
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Tariffs Slow Retail Spending As Producer Prices Post Sharpest Drop Since 2020
Thursday, May 15, 2025 - 8:49am | 513Read More...April retail sales data showed that the round of tariffs announced by President Donald Trump on “Liberation Day” started to produce their effects by reducing household consumption. However, while households reined in spending, inflationary pressures at the producer level unexpectedly...
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US Stocks Likely To Open Lower After S&P 500's Three-Day Winning Streak: '...Many Uncertainties Remain,' Says Expert
Thursday, May 15, 2025 - 5:42am | 1601Read More...U.S. stock futures were lower on Thursday after mostly closing higher on Wednesday. Futures of major benchmark indices were trading lower in premarket. Wednesday saw a positive momentum in tech stocks led by Nvidia Corp. (NASDAQ:NVDA) following the deals with Saudi Arabia, strong earnings from...
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Robert De Niro Slams Trump As A 'Philistine,' Urges Hollywood To Resist 'The Wrath' Of The President: 'You Just Can't Let The Bully Win'
Thursday, May 15, 2025 - 4:01am | 532Read More...Legendary actor Robert De Niro has once again voiced his disapproval of President Donald Trump, encouraging the Hollywood industry to resist his influence and not yield to his wrath. What Happened: De Niro, a vocal critic of the President, used his platform to denounce Trump, labeling him as a...
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Walmart Q1 Earnings Preview: Why Retailer Will Have 'One Of The Most Telling' Reports On Tariff Impact
Wednesday, May 14, 2025 - 4:51pm | 755Read More...Retailer Walmart Inc (NYSE:WMT) may provide a better picture of the impact of tariffs on consumers when the company reports first-quarter financial results before market open Thursday. Here are the analyst estimates, a look at what experts are saying ahead of the report and key items to watch....
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Musk, Bezos Gain Billions After US-China Trade Deal, But The Wealthiest 10 Are Still Down $67B In 2025
Wednesday, May 14, 2025 - 3:52pm | 717Read More...A new 90-day pause and lowered tariff amounts between the United States and China have helped send the stock market higher with the S&P 500 drifting back into positive territory for 2025. The stock market gains have also helped the richest people in the world get richer. Here's a look at how...
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Lobster Life: Sibling Entrepreneurs See Trade Turmoil As A Business Edge
Wednesday, May 14, 2025 - 2:38pm | 1076Read More...As co-founder of Lobster Boys LLC and a fourth-generation lobsterman, Justin Maderia has seen firsthand how global trade tensions ripple through local economies. With the U.S. seafood market generating over $31 billion annually—and relying on Canada for more than two-thirds of its imports—tariffs...
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Sony Could See $680 Million Tariff Impact, Considers Moving PlayStation 5 Production To US
Wednesday, May 14, 2025 - 12:54pm | 528Read More...Technology giant and video game company Sony Group Corp (NYSE:SONY) is among the companies that could be hit hard by tariffs on countries such as China and Japan. The company has several ideas on how to offset tariffs from President Donald Trump. What Happened: Sony reported fourth-quarter...
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Magnificent Seven Add $3.6 Trillion Since April Lows: Is This Rally Just Beginning?
Wednesday, May 14, 2025 - 12:00pm | 745Read More...The Magnificent Seven megacap stocks have tacked on an astonishing $3.57 trillion combined market value since April 8, powered by a sweeping reversal in global trade sentiment following the 90-day tariff pause and U.S.-China trade truce. Notably, $1.2 trillion of that gain has occurred in just...
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Kraft Heinz Bets $3 Billion On US Factory Overhaul To Offset Tariff Impact: Report
Wednesday, May 14, 2025 - 11:01am | 348Read More...Kraft Heinz (NASDAQ:KHC) is investing $3 billion to modernize its U.S. factories. According to Reuters, which first broke the news, this is the company’s largest domestic investment in a decade. Kraft Heinz aims to cut costs amid weakening consumer sentiment and lowered financial forecasts....
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Cruises Set Sail Ahead Of Summer Boom: These 3 S&P 500 Stocks Show Strongest Late-May Seasonality
Wednesday, May 14, 2025 - 10:35am | 729Read More...Cruise line stocks are historically among the strongest seasonal performers in the S&P 500 heading into the second half of May, with Royal Caribbean Group (NYSE:RCL), Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH) and Carnival Corp. (NYSE:CCL) averaging double-digit returns over a three-week...
















