Apple (AAPL) stock slips 2% despite ratings upgrade: here’s why
Apple shares continued their slide on Wednesday after China responded to US tariff hikes by raising its own levy on American goods to 84%, escalating the trade war and compounding…
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Delta profits beat expectations but company warns of slowing growth, scales back expansion plans for second half
Delta Air Lines reported a stronger-than-expected profit for the first quarter but warned that growth is slowing due to global trade uncertainties and softer booking trends. The airline, which had…
Hang Seng Index has collapsed. Here’s why it may rebound soon
The Hang Seng Index remains under pressure this week as investors focus on the ongoing trade war between the United States and China. After peaking at $24,855 on March 19,…
Why US operators could be forced to bring down oil production growth
The sell-off in the crude oil market is expected to bring down the pace of US production growth, according to Rystad Energy. Global stock markets plummeted to their second-lowest point…
Ripple to acquire Hidden Road for $1.25B, marking one of crypto’s biggest M&A moves
Ripple said Tuesday it has agreed to acquire Hidden Road for $1.25 billion, marking the crypto firm’s largest acquisition to date and one of the biggest deals in the digital…
In the dark over tariffs
The world has changed significantly ever since President Trump implemented his tariffs to handicap the US’s trading partners. But by the time you’ve read this column, things may have changed…
Cathie Wood says Tesla will hit $2,600, but invests $9M in a different Magnificent 7 stock
Rising competition, new tariffs, brand crisis, and fears of a recession ahead – there’s not much that is particularly going well for Tesla Inc (NASDAQ: TSLA) in 2025. Still, influential…
Middle East LPG exports surge, but India’s reduced subsidies may impact demand, Vortexa says
The Indian government’s decision to reduce subsidies for residential LPG usage following national elections may lead to decreased demand. This decrease could coincide with increased LPG export availability from the…
Trump’s reciprocal tariffs on China may not mean much for Alibaba: here’s why
Alibaba Group Holding Ltd (NYSE: BABA) is taking a big hit on Monday after President Trump announced another 34% reciprocal tariffs on goods from China. BABA shares are down more…
Why Nike shares are bucking the market trend with a 5% gain on Friday
Nike shares recovered on Friday after President Donald Trump suggested a possible agreement with Vietnam to reduce recently announced tariffs. The stock was up around 5% in late-morning trading. The…