Trump Administration

On Wednesday, Cathie Wood’s Ark Invest made a significant move by selling a substantial number of shares in Palantir Technologies Inc. (NYSE:PLTR). This decision comes amidst a brewing controversy surrounding the company’s alleged involvement in a surveillance program. The Palantir...

The Trump administration is reportedly planning to relax regulations that require companies to disclose executive perks such as private jet use and bodyguard services. What Happened: The Securities and Exchange Commission (SEC) is organizing a roundtable discussion later this month to...

The U.S. Department of Education has put a halt to its plans of reducing Social Security benefits for individuals who have been unable to pay their student loans, as per a department spokesperson. What Happened: The U.S. Department of Education has put a hold on its plan to...

On Monday, Cathie Wood-led Ark Invest made significant trades, notably offloading shares of Tesla Inc. (NASDAQ:TSLA) and Palantir Technologies Inc. (NASDAQ:PLTR). The Tesla Trade: Ark Invest sold 1,594 shares of the Elon Musk-led company. For the day, Tesla shares closed at $342.69, making the...

The Trump administration is reportedly contemplating a stopgap measure to impose tariffs on a significant portion of the global economy for 150 days under an existing law. This move is being considered in response to a recent court ruling that invalidated a substantial part of President Donald...

Wedbush Securities analyst Dan Ives celebrated Elon Musk‘s departure from his Trump administration role, describing the move as positive for shareholders seeking renewed leadership focus on electric vehicle operations and autonomous driving technology. What Happened: Ives posted on X that...

The White House has reportedly chosen to withdraw $400 million in funding that was set aside for states to upgrade their unemployment insurance systems. What Happened: Congress originally designated these funds as part of the $1.9 trillion coronavirus relief package passed in 2021. The goal was to...

China has urged the U.S. to protect the rights of international students after U.S. Secretary of State Marco Rubio reportedly ordered a global suspension of student visa issuance amid new screening methods. What Happened: China's Foreign Ministry Spokesperson Mao Ning stated that China is closely...

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook has found himself at the receiving end of President Donald Trump‘s criticism, marking a stark contrast to their previously warm relationship, but reports suggest iPhone production in India is not the only reason. What Happened: According to The New York...

The Trump administration has put a halt to a lawsuit against Southwest Airlines (NYSE:LUV) that was initiated by the Biden administration over alleged persistent flight delays. What Happened: A Southwest spokesperson told Fox Business that the company appreciated the Department of...

Nvidia Corp. (NASDAQ:NVDA) has decided not to launch a new chip from its Hopper series in China. This decision comes in the wake of U.S. government restrictions on H20 chip sales, as confirmed by Nvidia’s CEO, Jensen Huang. What Happened: Huang, during a livestream by Taiwan’s...

The Trump administration has intensified its critique of Europe’s digital regulations, asserting that they pose a risk to free speech and American commercial interests. What Happened: The State Department is spearheading the initiative, seeking instances of European government efforts to...

The United States has reportedly been pushing certain countries facing Trump-imposed tariffs to approve Elon Musk's Starlink service. What Happened: State Department cables reveal that U.S. embassies and the department actively urged countries facing tariffs to remove barriers for satellite...

Ivanka Trump, the daughter of President Donald Trump, has unveiled her latest venture, Planet Harvest. The company aims to enhance the accessibility of fresh produce and address supply chain inefficiencies. What Happened: Trump made her first significant public appearance since her father...

Piper Sandler analyst Harsh Kumar has projected a potential data center annual revenue loss of $9.8 billion for Nvidia Corp. (NASDAQ:NVDA) due to a slowdown in capital expenditure (capex) and an ongoing decoupling from China. What Happened: Kumar’s latest sensitivity analysis indicates a...