On Tuesday, U.S. President Donald Trump proposed replacing a visa program for foreign investors with a so-called “gold card” that could be purchased for $5 million as a pathway to American citizenship. Trump told reporters that he plans to replace the “EB-5” immigrant investor visa program, which lets foreign investors become permanent residents by investing…
Shares of the electric car producer fell more than 8% on Tuesday, bringing the company’s market capitalization below $1 trillion and to its lowest level since November 7, two days after President Donald Trump’s election triumph. The stock is down 25% this year, while the Nasdaq is down only 1.5%, and it has fallen more…
On Tuesday, February 25, US equities were trading in the mix, with the S&P 500 up only 0.1 percent. While the Nasdaq Composite decreased by 0.3 percent, the Dow Jones Average also saw a rise of about 0.4 percent. Nvidia’s stock fell 0.6 percent on Tuesday, bringing its 2025 fall to 3.5 percent. The company…
Ahead of consumer confidence data and after President Trump reiterated the prospect of tariffs on Canada and Mexico, US markets are sluggish amid a cautious atmosphere. Trump reaffirmed the possibility of imposing tariffs on Canada and Mexico starting Monday. Reports of more export curbs to China also put pressure on chip stocks. US Futures: Dow…
Tuesday saw the S&P 500 drop for the fourth straight day as traders considered worries about global trade and economic growth. The broad market index closed at 5,955.25, down 0.47%. The Nasdaq Composite ended the day at 19,026.39, down 1.35%. This week, Nvidia led the tech-heavy index’s 2.8% decline, sending the Nasdaq into a losing…
Today, economic nationalism is a worldwide phenomenon that affects big market players like Apple, Starbucks, Tesla, McDonald’s, and Domino’s Pizza, to mention a few. These companies have benefited from free trade and access to international markets and customers. Western firms now operate where geopolitics is increasingly involved in trade, investment, and corporate presence. According to…
Tuesday saw a decline in US markets as mood was affected by worries about trade tensions and economic growth, with the S&P 500 on track for its fourth consecutive day of losses. The apprehensive tone was mirrored in the equity markets, as market leader Nvidia saw a 3 percent decline, and the Nasdaq Composite sank…
With the advent of the artificial intelligence (AI) age, semiconductor behemoth Nvidia (NVDA) has experienced extraordinary sales and earnings growth. Increased demand for AI computing and the company’s sophisticated GPU solutions have resulted in considerable financial growth. CEO Jensen Huang’s long-term vision and willingness to take measured risks put Nvidia at the forefront of artificial…
Hims Hers Health (NYSE: HIMS) posted a fourth-quarter EPS of $0.11, $0.06 lower than the market expectation of $0.17. Revenue for the quarter was $481.1 million, compared to a consensus expectation of $469.33 million. Hims Hers Health expects Q1 2025 sales of $ 520.00M-$540.00M, compared to the analyst average of $482.50M. Hims Hers Health expects…
Nike (NKE 0.04%) shares were up 5% at noon ET Monday, according to data from S&P Global Market Intelligence. The rise is due to investment firm Jeffries boosting its price objective for the business to $115 per share, a 46% increase over its current price. Nike is running it back: Nike’s stock plummeted 55% from…