Tesla Inc. is facing a surge in vandalism and violent attacks on its dealerships, as CEO Elon Musk’s involvement in President Trump’s administration fuels public outrage. Since Musk took on the role of leading the Department of Government Efficiency (DOGE), his push for aggressive spending cuts has sparked protests, some of which have turned destructive….
The unexpected decline in Australian employment in February caused speculators to increase their bets on more interest-rate cuts this year, which in turn caused the currency and government bond rates to decline. Compared to a predicted 30,000 gain, employment fell 52,800, primarily from full-time positions, according to official figures released Thursday. Due to a decline…
For the second consecutive meeting, the Federal Reserve kept interest rates unchanged on Wednesday and upheld its earlier forecast of two rate cuts this year. However, in the face of uncertainty surrounding President Trump’s plans to apply a sweeping array of additional tariffs on top of those already levied on China, Canada, and Mexico, the…
US stock futures increased as investors processed Fed Chair Jerome Powell’s soothing remarks following the central bank’s Wednesday interest rate hold. Futures linked to the Dow Jones Average (YM=F) increased by 0.08% on Thursday. Nasdaq futures (NQ=F) increased by 0.14%, while futures associated with the benchmark S&P 500 (ES=F) increased by 0.12%. A relief that…
During a much-awaited news conference on Wednesday, Jerome Powell did not mince words when discussing the effects of President Trump’s tariffs. The chairman of the Federal Reserve stated unequivocally that Trump’s trade policy would undoubtedly raise prices, even if it were unclear how much and whether the price increases would be “transitory.” When asked about…
Nvidia (NVDA) has grown to be one of the world’s most significant semiconductor firms in a very short period. The company’s revenues have soared from $27 billion in fiscal 2023 to $130.5 billion in fiscal 2025. Since January 2023, share prices have increased by around 680%. Despite not being as well known as other Big…
Super Micro Computer Inc. (SMCI) saw a sharp decline in its stock price on March 19, 2025, dropping 9.6% to close at $37.90. This decline came amid broader market volatility, with major indices like the S&P 500 falling by 1.1% and the Dow Jones Industrial Average losing 0.6%. This significant drop is the latest in…
Tesla Inc. (TSLA) is finding itself in hot water after a $1.4 billion discrepancy was revealed in its capital expenditure reporting. The mismatch between Tesla’s reported spending on assets and the actual increase in asset values has raised eyebrows across the financial world, especially as the company’s stock continues to take a hit. What’s Behind…
Intel Corporation (INTC) is seeing a mixed response from institutional investors and analysts as the semiconductor giant faces significant shifts in its stock performance. On March 20, 2025, Intel’s stock was down by 6.96%, trading at $24.12. This drop comes as institutional sentiment remains divided, with some investors trimming their stakes, while others remain committed…
Lucid Group Inc. (LCID), the electric vehicle (EV) manufacturer, saw its stock surge by 8.8% on March 18, 2025, after a major upgrade from Morgan Stanley and growing expectations about its artificial intelligence (AI) potential. This boost comes at a time when Lucid has been navigating a competitive EV market, with its stock still below…