tariffs

Apple Inc. (NASDAQ:AAPL) is reportedly considering a shift of iPhone assembly to India. However, a renowned analyst has expressed skepticism about the potential effectiveness of this move in mitigating the impact of China tariffs. What Happened: Craig Moffett, a partner and senior managing...

Hedge fund manager Spencer Hakimian calls out the “stupidity” of the current trade and tariff war, while pushing back against the notion that the United States is losing out in global trade. What Happened: Hakimian, the founder of New York-based hedge fund Tolou Capital Management,...

Economist and fund manager Craig Shapiro is not mincing words on President Donald Trump and his latest attempts at centralizing economic power in the White House. What Happened: On Sunday, Shapiro, the founder of The Collaborative Fund and a macro strategist at The Bear Trap Report,...

CNBC’s Jim Cramer is preparing investors for another action-packed week on Wall Street, packed with earnings reports from major tech players and key economic updates. On Friday, Cramer emphasized that this week investors should brace for financial updates from Apple Inc. (NASDAQ:AAPL), Amazon...

Economist Peter Schiff says that President Donald Trump’s Bitcoin (CRYPTO: BTC)-centric policy contradicts his aim of correcting the U.S. trade imbalance with the world. What Happened: In an X post on Saturday, Schiff wrote, “Trump’s goals of solving the problems ...

A majority of Americans is expressing concern about the economy’s trajectory amid rising consumer costs and potential recession risks, and President Donald Trump‘s approval rating is taking the hit. In a new poll conducted by The Associated Press-NORC Center for Public Affairs Research...

A rare technical signal is drawing attention on Wall Street, pointing to possible gains for U.S. stocks even as tariff concerns from major companies raise risks for the economy. According to  Benzinga Pro, the S&P 500 – as tracked by the SPDR S&P 500 ETF Trust, (NYSE:SPY) has...

Home sales fell sharply in March and weekly mortgage applications plunged as high interest rates and economic uncertainty stifled demand as the spring home-buying season got underway.  The Details: Sales of previously owned homes in March fell 5.9% from February to 4.02 million units on a...

Investor risk appetite rebounded over the week as the U.S. administration signaled a de-escalation in trade tensions with China. President Donald Trump also reassured markets that he has no intention of firing Federal Reserve Chair Jerome Powell. Reports suggested China is considering suspending...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) analysts break down the growth from YouTube and Cloud and identify opportunities and risks for the company after first-quarter financial results. The Alphabet Analysts: Rosenblatt analyst Barton Crockett maintained a Neutral rating on Alphabet and lowered...

The world’s largest exchange-traded fund tracking the Nasdaq 100 index is on track for its worst week of outflows since November 2024, highlighting growing investor unease about the sustainability of the tech sector’s rebound from the tariff-led selloff. The Invesco QQQ Trust, Series 1...

Last week, I suggested that you buy bonds instead of stocks. It's the smart play. Even after the big rally Treasury Secretary Scott Bessent managed to spark with his tariff reduction talks last week, you would still be better off collecting the coupon from bonds and in a position to cash in some...

President Donald Trump's steep tariffs on Chinese imports could lead to empty store shelves and shortages for consumers in the coming weeks, experts warn.  What To Know: The currently steep tariffs on imports and uncertainty around future trade policy has led to U.S. retailers such as Walmart...

Gentex Corporation (NASDAQ:GNTX) shares are trading lower on Friday after the first-quarter results were reported. The company reported quarterly earnings per share of 42 cents, in line with the analyst consensus estimate. Revenues of $576.8 million (down 2% year over year) outpaced the street view...

Wall Street's three-day rally came to a pause on Friday, with major indices hovering near the flatline by midday in New York as caution returned amid mixed signals on U.S.-China trade relations. President Donald Trump claimed to have held a phone call with President Xi Jinping, yet Chinese...