tariffs

China’s Ministry of Commerce has dismissed rumors of ongoing trade discussions with the United States, labeling such claims as unfounded. What Happened: The Chinese Ministry of Commerce on Thursday, has denied any ongoing bilateral trade negotiations with the U.S.. The ministry stressed that...

As the stock market reels with the changing macroeconomic conditions, Wells Fargo is advising long-term investors to capitalize on the recent market pullback by favoring high-quality equities, particularly within the energy sector and large- and mid-capitalization stocks. What Happened: Scott Wren...

The European Union’s first major enforcement of its sweeping Digital Markets Act has sparked political backlash in Washington — and could ignite a new front in U.S.-EU trade tensions. What Happened: On Wednesday, the European Commission fined Apple Inc. (NASDAQ:AAPL) €500 million (...

International Business Machines Corporation (NYSE:IBM) has forecasted a “minimal” tariff impact on its business while acknowledging not being “immune” to the Department of Government Efficiency-related initiatives during its first quarter earnings call. What Happened: IBM...

Ken Griffin, founder of Citadel hedge fund, has expressed concern over the swift contraction of the market and the deterioration of the U.S.’s global financial standing, attributing these issues to the ongoing trade war. What Happened: Griffin, who is at the helm of the $65 billion hedge fund...

On Wednesday, Sen. Elizabeth Warren (D-Mass.) requested answers from Apple Inc. (NASDAQ:AAPL) CEO Tim Cook, citing a pattern of "influence-peddling" between the iPhone-maker and the Donald Trump administration over the trade negotiations with China. What Happened: In a letter to Cook that was...

U.S. stock futures are up on Wednesday night following back-to-back rallies in the regular session. This comes amid President Donald Trump softening his stance on the tariffs earlier this week. The S&P 500 Futures are up 0.19%, at 5,412, Nasdaq Futures are at 18,839, up 0.19%, and Dow Futures...

Tesla Inc (NASDAQ:TSLA) is still one of Wall Street’s most-watched names, but now it’s less about innovation and more about crash landings — figuratively speaking. With the stock off 33% year-to-date, investors are picking through the wreckage, trying to discern what comes next. A...

Thermo Fisher Scientific Inc. (NYSE:TMO) on Wednesday reported first-quarter 2025 adjusted earnings per share of $5.15, beating the street view of $5.10. Quarterly sales of $10.36 billion, almost flat year over year, outpaced the analyst consensus estimate of $10.23 billion. Organic revenue...

Ford Motor (NYSE:F) shares traded higher Wednesday after President Donald Trump indicated tariffs against China may be lowered and trade tensions could de-escalate. What To Know: According to the Wall Street Journal, the Trump administration is considering lowering the tariff to between 50% and 65...

An Apple Inc (NASDAQ:AAPL) analyst says the company will beat second-quarter earnings per share and revenue estimates with iPhone strength overshadowing any potential tariff concerns. The Apple Analyst: Goldman Sachs analyst Michael Ng reiterated a Buy rating on Apple and lowered the price target...

Boeing Co. (NYSE:BA) CEO Kelly Ortberg confirmed on Wednesday that China has stopped taking delivery of Boeing aircraft due to escalating trade tensions and high tariffs between the U.S. and China. The Details: Ortberg said in an interview with CNBC that several Boeing 737 MAX jets that were in...

Risk-on sentiment dominated Wall Street on Wednesday, as upbeat earnings reports and conciliatory messages from the Trump administration helped lift investor confidence. The administration eased market fears on two major fronts that have recently weighed heavily on sentiment. On the trade front,...

Amazon.com, Inc. (NASDAQ:AMZN) saw its price target cut by another analyst on Wednesday, marking the thirteenth price target reduction for the stock since President Donald Trump announced his tariff policies on April 2.  Expert Ideas: Analysts at Telsey Advisory Group slashed price expectations on...

U.S. business activity kept expanding in April, but beneath the surface, growth is losing steam, inflation is reawakening, and the once-reliable services sector is showing signs of malaise following Donald Trump‘s tariff announcements earlier this month. In flash data released Wednesday by S...