Now down about 3%, the S&P 500 has dropped to its lowest level since September last year, a six-month low. The tech-heavy index, the Nasdaq, is also down more than 4% and is about to see its worst one-day decline since September 2022. US Market Crash: On Monday, March 10, Wall Street had a grueling…
Investors are alarmed by President Donald Trump’s tariffs, and a stock market purchase has erased $4 trillion from the S&P 500’s top last month, when Wall Street was applauding most of Trump’s program, due to worries of an economic slowdown. Businesses, consumers, and investors are now more anxious due to a flurry of new Trump…
Saudi Arabia’s National Agricultural Development Company (Nadec) has announced a share buyback program aimed at creating a long-term employee incentive plan. This move is part of the company’s strategy to attract, retain, and reward employees, aligning their interests with Nadec’s long-term success. Why Is Nadec Buying Back Shares? The company’s decision to repurchase a portion…
Tesla, once the dominant force in the electric vehicle (EV) industry, is facing growing pressure on Wall Street as its stock continues to slide. The company’s first annual sales decline in over a decade, combined with intensifying competition and investor skepticism, has raised serious concerns about Tesla’s long-term market position. Tesla’s Sales Slump Raises Red…
Wall Street is holding its breath ahead of a crucial inflation report set to be released this week. After a rough stretch in the markets, investors are anxiously waiting to see whether inflation is finally cooling—or if the Federal Reserve may need to keep interest rates higher for longer. Following its worst week since September,…
On Sunday evening, U.S. stock futures experienced a notable decline, extending the market’s recent downturn. This movement comes on the heels of the S&P 500’s most significant weekly loss since September, raising concerns about the market’s near-term trajectory. Futures Market Activity As of Sunday evening, the Dow Jones Industrial Average futures fell by 302 points,…
Elon Musk is no stranger to controversy, but his recent political endorsements have sparked a new level of backlash. Protests have broken out in Lisbon, Portugal, as activists call for a boycott of Tesla, citing Musk’s support for far-right political figures across Europe. The demonstration in Lisbon saw protesters gather outside a Tesla showroom, holding…
In a major leap forward for digital commerce, decentralized marketplace Bazaars has announced the integration of Tether (USDT), the world’s most widely used stablecoin. This move is set to revolutionize cross-border transactions, providing millions of users with faster, more secure, and cost-efficient payments. With over 40 million users worldwide, Bazaars’ decision to incorporate USDT aims…
The crypto market has been again shaken, this time by the collapse of multiple meme coins on the Solana blockchain. The sudden crashes, including the high-profile downfall of the $HAWK token linked to influencer Haliey Welch, have left many investors wary of speculative digital assets. As the hype around meme coins fades, Rexas Finance (RXS)…
SoSoValue has made an enormous stride forward in cryptocurrency with its recent listing on Bybit. This change improves trader accessibility by consolidating the tracking and trading of SSI tokens and $SOSO. The integration with Bybit, a key player in the Web3 ecosystem, is intended to boost trading activity and liquidity for these tokens. Increasing liquidity…