The S&P ended the day at 5,954.50 points, up 1.59%. The Dow Jones Industrial Average increased 1.39% to 43,840.91 points, while the Nasdaq climbed 1.63% to 18,847.28 points. After a tumultuous trading session, Wall Street closed Friday higher, with tech companies rising and Dell Technologies falling following a disastrous meeting between U.S. President Donald Trump…
While a geopolitical drama unfolded in the White House and anxiety about Trump’s tariff threats infiltrated a broader range of economic data, Friday’s trading day finished with a victory for all the primary gauges. Following a purchase led by Nvidia (NVDA) on Thursday, the tech-heavy Nasdaq Composite (^IXIC) was up around 1.5%, while the S&P…
While a geopolitical drama unfolded in the White House and anxiety about Trump’s tariff threats infiltrated a broader range of economic data, Friday’s trading day finished with a victory for all the primary gauges. Following a purchase led by Nvidia (NVDA) on Thursday, the tech-heavy Nasdaq Composite (^IXIC) was up around 1.5%, while the S&P…
The global leader in voice artificial intelligence, SoundHound AI, Inc. (Nasdaq: SOUN), released its financial results for the quarter and the entire year 2024 today. Keyvan Mohajer, CEO and co-founder of SoundHound A stated, “We had a breakthrough year, expanding our leadership position in voice and conversational AI through major customer wins, expanded partnerships, groundbreaking…
Tesla’s once-unshakable momentum in the stock market has hit a rough patch, with shares tumbling as valuation concerns, slowing EV demand, and rising competition weigh on investor sentiment. Once a standout performer among the Magnificent Seven tech giants, Tesla is now facing renewed scrutiny over whether its high stock price is still justified in 2025….
The Fed’s favored inflation indicator, the US Personal Consumption Expenditures (PCE) Price Index, is expected on Friday. Market anxiety has escalated due to recent US economic data that exceeded expectations. Market worries about inflation and the global economy have increased due to President Trump’s tariff threats. Technically speaking, the S&P 500 has broken essential support…
Employees at the US-based international investment bank Citigroup inadvertently credited $81 trillion to a customer’s account instead of $280 owing to an operational error, according to the Financial Times on Friday, February 28. According to the news portal’s article, the US-based investment bank’s blunder required hours to reverse the transactions, a “near miss” that demonstrates…
The US stock market has been on a tear for the more significant part of two years. Still, it has slowed considerably, and the decline in tech companies and a drop in stock indexes have been a considerable source of anxiety for US investors. Meanwhile, according to Bloomberg, Bank of America analyst Hartnett believes the…
According to stock market experts, the Trump-Zelensky meeting may exacerbate tensions in the North Block since the Russia-Ukraine war allowed India to acquire crude oil from Russia at lower prices and ship it to European nations. As Donald Trump has backed out of the Russia-Ukraine war by offering full support to the Russian government, India’s…
According to the Committee for a Responsible Government Budget projections, President Donald Trump has proposed ambitious tax policies that may slash government rejections by the nue by $5 trillion to $11.2 Government. This strategy will raise the nation’s debt by reducing existing or expected revenue streams. It would continue tax cuts from the 2017 Tax…