U.S. stock futures are pointing lower to end the week; President Trump says Apple (AAPL) must pay a “Tariff of at least 25%” on iPhones not made in the U.S.; Intuit (INTU) shares are jumping in premarket trading after the TurboTax […]
5 Things to Know Before the Stock Market Opens Read More »
KEY TAKEAWAYS Nike is reportedly resuming the sale of its products on Amazon after a six-year hiatus. Nike stopped selling its clothes and sneakers directly on Amazon in 2019 so it could focus on its direct business. Nike, which sources
Nike to Resume Selling on Amazon, Ups Prices Amid Tariffs, Reports Say Read More »
KEY TAKEAWAYS Shares of Applied Optoelectronics are surging more than 50% in premarket trading after the optical products maker said it had struck a deal with Amazon that gives the tech giant the right to buy almost 8 million shares
Applied Optoelectronics Stock Soars on Amazon Deal Giving Option to Buy Shares Read More »
KEY TAKEAWAYS Commerce Secretary Howard Lutnick hinted at a compromise and a scaling back of the 25% tariffs imposed by Washington on Canada and Mexico on Tuesday. Lutnick told reporters after President Donald Trump stuck with his pro-tariff stance in his
Commerce Secretary Lutnick Hints at Canada, Mexico Tariffs Compromise Read More »
KEY TAKEAWAYS President Donald Trump’s 25% tariffs on Canada and Mexico, and the doubling of levies on goods from China, took effect Tuesday—and Beijing and Ottawa immediately hit back. In response to the additional 10% in tariffs imposed by the
Trump Tariffs on Canada, Mexico, and China Kick In Read More »
KEY TAKEAWAYS Prices of bitcoin and a slew of cryptocurrency stocks are jumping Monday, after U.S. President Donald Trump announced that the token, as well as four others, could be included in a strategic crypto reserve for the United States.
Crypto Prices, Stocks Jump After Trump Backs Five Tokens in Strategic Reserve Read More »
KEY TAKEAWAYS Warren Buffett said in a rare TV interview that President Donald Trump’s tariffs are an “act of war” and could cause inflation. The legendary investor and CEO of conglomerate Berkshire Hathaway made those comments Sunday in an interview
Buffett Says Trump Tariffs ‘Act of War’ Read More »
KEY TAKEAWAYS Cryptocurrency-linked stocks are slumping in premarket trading Tuesday, after bitcoin dropped below $90,000 for the first time since November as investors steered clear of risk assets, including shares. Among those declining are Robinhood, Coinbase Global, and Strategy, formerly
Crypto-tied Stocks Sink as Price of Bitcoin Falls Below $90,000 Read More »
KEY TAKEAWAYS Coinbase shares ticked higher in early trading after the cryptocurrency exchange said that the SEC is recommending the dismissal of a two-year lawsuit against it. The SEC sued Coinbase during the Biden administration for operating an unregistered securities
Coinbase Stock Jumps After Crypto Exchange Says SEC Looking To Dismiss Lawsuit Read More »
KEY TAKEAWAYS President-elect Donald Trump said he plans to impose 25% tariffs on all imports from Mexico and Canada and an additional 10% on goods from China, in moves likely to ramp up tensions with the U.S.’s three top trading
Trump Threatens 25% Import Tariffs on Mexico, Canada, Additional 10% on China Read More »
