Fed holds rates steady, Trump to announce a ‘major trade deal’ with the UK, US scraps Biden-era export curbs on AI chips, CrowdStrike announces 5% job cuts due to AI, and Disney announces its first Middle East theme park in Abu Dhabi...
US-China trade talks to start, traders bet on longer wait for rate cuts, DOJ seeks forced breakup of Google ad businesses, Palantir fails to impress investors, and Milken private-credit crowd spots ‘golden’ moment amid chaos...
Bessent pitches investors to bet on Trump’s economic plan, OpenAI will remain a non-profit, Palantir CEO cites ‘tectonic shift’ in AI adoption, Ford sees $1.5 billion hit from tariffs, and Nike’s President is out...
End of an era as Buffett hands over baton, a tidal wave of change headed for US economy, Powell is about to defy Trump, bond traders swing to Powell’s side, and Trump signals willingness to lower China tariffs ‘at some point’...
Tesla board opened search for a CEO to succeed Elon Musk, Apple warns of $900 million tariff hit, Microsoft and Meta lead Wall Street higher, Reddit stock surges near 20%, and China says it’s evaluating US tariff talk overtures...expansion...
Big price hikes undercut Trump bet China will absorb tariffs, Nvidia warns China ‘not behind’ in AI, US economy shrank 0.3% in the first quarter, EU to present new trade proposals to US next week, and Amazon to spend $4 billion on small town delivery expansion...
Lutnick: One trade deal is done, Eric Trump: Banks may be extinct in ten years, Hedge funds lose market conviction, Super Micro shares dive after weak financials, and Walmart pledges low prices despite tariffs...
China insists no tariff talks are underway, Nvidia stock drops on report Huawei is developing rival AI chip, IBM plans to invest $150 billion domestically, Temu adds ‘import charges’ to goods, and the best (and worst) stocks during Trump's first 100 days...
Tariffs set to unleash supply shock on US economy, Trump floats new income tax cut, world breathes sigh of relief as Trump spares Fed, Americans are getting flashbacks to 2008, and Huawei develops new AI chip to match Nvidia...
China denies current trade talks with US, trade whiplash sinks world into ‘uncertainty’, corporate leaders don't want to hire or invest, Harvard to sell $1 billion of private equity stakes, and bank regulators pull back guardrails on bank crypto activities...
Trump U-turns on Powell and China, Bessent: China tariffs are not sustainable, exhausted traders get no relief from rebound, a dozen states sue Trump to block new tariffs, and Gold prices plunge in biggest one-day drop in years...
