Reported 28 days ago
Trump Media & Technology Group has announced a partnership with Crypto.com to create exchange-traded funds (ETFs) through its Truth.Fi brand. The ETFs will feature digital assets and American-focused securities and are set to launch later this year, with availability in the U.S., Europe, and Asia. Following the announcement, shares of Trump Media surged 10.5%, although they have dropped 38% over the past year.
Source: YAHOO
Reported 28 days ago
Source: YAHOO
Reported 28 days ago
After-hours news on March 24, 2025, sees KB Home's shares decline sharply after missing earnings estimates and lowering its revenue forecast. Oklo's share prices fell despite earlier gains following its application progress with the Nuclear Regulatory Commission. eToro announced its filing for an IPO on Nasdaq under the ticker ETOR. Meanwhile, Boeing is reportedly attempting to withdraw its guilty plea related to a fraud case involving the 737 MAX crashes.
Source: YAHOO
Reported 28 days ago
Source: YAHOO
Reported 28 days ago
President Donald Trump expressed his approval of Hyundai's $5.8 billion investment in US manufacturing, arguing it validates his administration's tariff policies aimed at encouraging foreign manufacturers to create American jobs. The South Korean automaker plans to enhance vehicle production and build a new steel plant in Louisiana, which is set to produce over 2.7 million metric tons of steel annually. Trump's comments come as he prepares to announce further tariffs, raising concerns about the impacts of his trade policies on the US economy.
Source: YAHOO
Reported 28 days ago
American Electric Power Co. has launched a $2 billion share offering to finance significant capital expenditures needed to strengthen its electric systems amid rising power demands and extreme weather events. The company, one of the largest utilities in the U.S., serves numerous customers across multiple states and plans to invest $54 billion over the next five years, potentially increasing that amount by another $10 billion.
Source: YAHOO
Reported 28 days ago
As market volatility spikes in 2025, CFRA Research's chief investment strategist Sam Stovall suggests that CME Group could be a profitable stock for investors. Highlighting the importance of swift market recoveries following sharp declines, Stovall notes that CME is trading below historical averages and has strong client acquisition trends, making it an attractive option in uncertain times.
Source: YAHOO
Reported 28 days ago
23andMe's stock plummeted by 59% following its filing for Chapter 11 bankruptcy and the resignation of CEO Anne Wojcicki. The company, once a leader in DNA testing with 15 million consumers, has faced significant challenges including a recent data privacy breach and internal board conflicts. Following failed acquisition efforts and a court petition for structured asset sales, Wojcicki expressed her disappointment at the board's rejection of her bid to take the company private.
Source: YAHOO
Reported 28 days ago
Source: YAHOO
Reported 28 days ago
President Trump has announced a new 25% 'secondary tariff' on countries purchasing oil or gas from Venezuela, set to take effect on April 2, which he has dubbed 'Liberation Day'. This comes alongside potential modifications to reciprocal tariffs on US trading partners, with the administration signaling a narrower focus on specific countries with unfavorable trade balances. As the trade landscape shifts, concerns about economic impacts are growing among businesses and markets.
Source: YAHOO
Reported 28 days ago
U.S. stocks surged on Monday following reports that President Trump's upcoming tariffs may be more limited than anticipated, with the S&P 500 rising nearly 1.8%, the Dow Jones increasing by 1.4%, and the Nasdaq gaining around 2.3%. Investors welcomed the news amidst anxiety over a potential trade war, as Trump hinted at offering breaks to numerous countries regarding tariffs set to take effect on April 2, easing fears of mounting inflation and economic slowdown.
Source: YAHOO
Reported 28 days ago
Tesla's stock surged almost 12%, leading the 'Magnificent Seven' stocks, as investor concerns eased over President Trump's tariff plans affecting the auto sector. Recent reports suggested a delay in implementing tariffs, which boosted optimism for Tesla amidst previous sales declines in crucial markets such as Europe, China, and the US. The EV maker also addressed issues related to autonomy trials in China, and CEO Elon Musk reassured employees about company developments.
Source: YAHOO
Reported 28 days ago
The trade war between the US and Canada poses significant challenges for achieving decarbonization, particularly with impending tariffs on various goods including electric vehicles and critical minerals. However, these tariffs could inadvertently benefit Canada's green industries, such as electric vehicle production, by raising costs for internal combustion engine vehicles more significantly than for EVs. Canada is also well-positioned to leverage its clean aluminum and steel production for future markets, underscoring the potential for growth in its clean technology sectors despite current trade tensions.
Source: YAHOO
Reported 28 days ago
Verizon Communications Inc. has successfully sold $2.25 billion in investment-grade corporate bonds to finance the redemption of $985 million in notes maturing next year. The 10-year bonds are yielding 0.95 percentage points above Treasury rates. This move comes as the company takes advantage of favorable market conditions, amidst a surge in high-grade bond offerings.
Source: YAHOO
Reported 28 days ago
As investors explore the volatile quantum computing sector, experts highlight its high-risk profile with limited current capabilities and potential. Despite significant hype and previous market momentum, major tech leaders downplay the imminent utility of quantum computing. Analysts indicate that the industry is in its infancy, with substantial challenges before it can achieve meaningful revenue growth, suggesting that current stock valuations may not be justifiable.
Source: YAHOO
Reported 28 days ago
On March 24, Pinterest saw a stock upgrade to Buy from Neutral by Guggenheim, citing strong user growth and ad performance. Conversely, Super Micro Computer faced a downgrade to Sell from Neutral at Goldman Sachs due to competition and margin concerns. James Hardie Industries' shares fell after the company announced a nearly $9 billion acquisition of Azek, raising investor skepticism over the purchase premium.
Source: YAHOO
Reported 28 days ago
In a recent Cabinet meeting, President Trump reiterated his desire for the Federal Reserve to lower interest rates, citing decreasing grocery and energy prices while expressing confidence that inflation is under control. Trump's comments come after the Fed held rates steady amidst uncertainty from his proposed tariffs, which could impact economic growth and inflation forecasts. Alongside Treasury Secretary Scott Bessent, Trump emphasized a shift of surplus government workers to the private sector as a means to control inflation.
Source: YAHOO
Reported 29 days ago
Clearlake Capital Group has finalized an agreement to purchase Dun & Bradstreet Holdings Inc. for $4.1 billion, reflecting a cash value of $9.15 per share. This acquisition marks the second time Dun & Bradstreet has gone private in seven years and includes a 30-day period for rival offers. The company, which has roots dating back to the 1840s, provides essential data and analytics services and has been valued at approximately $7.7 billion including debt.
Source: YAHOO
Reported 29 days ago
As market volatility continues in 2025, experts like Adam Coons from Winthrop Capital are adopting a defensive investment approach, focusing on high-quality tech stocks such as Nvidia. This shift in strategy aims to maneuver through uncertainty while capitalizing on potential growth opportunities.
Source: YAHOO
Reported 29 days ago
In today's market recap, Yahoo Finance discusses 23andMe's bankruptcy filing and CEO resignation, alongside BYD's impressive sales exceeding $100 billion, which has bolstered its stock. Meanwhile, Intuitive Machines' shares have surged as the company anticipates positive EBITDA in 2026, despite a challenging outlook earlier this year.
Source: YAHOO
Reported 29 days ago
According to the Bipartisan Policy Center, the US government risks defaulting on its $36.6 trillion debt between mid-July and early October unless Congress raises the borrowing cap. This ongoing brinkmanship has unsettled financial markets and led to downgrades in the government's credit rating. The Congressional Budget Office will soon release its projection for the X-date, when the Treasury can no longer meet its obligations. Lawmakers are urged to act quickly on the debt limit to avoid potential economic ramifications.
Source: YAHOO
Reported 29 days ago
President Trump announced that he will soon impose tariffs on automobiles, aluminum, and pharmaceuticals, emphasizing the need for these products amid potential crises like wars. He stated the U.S. has been unfairly treated by other countries. The tariffs are set to begin on April 2, as part of a broader initiative termed the 'external revenue service' by Commerce Secretary Howard Lutnick.
Source: YAHOO
Reported 29 days ago
Wall Street analysts suggest that the worst of the recent stock market decline may be over, citing investor sentiment, seasonal factors, and expected changes in trade tariffs by the Trump administration. Major indexes rebounded recently, with the market showing signs of recovery. However, uncertainties remain about the impact of upcoming tariff announcements, leading many strategists to maintain caution before encouraging a full return to equities.
Source: YAHOO
Reported 29 days ago
Members of the European Parliament are urging the European Commission to quickly implement a new support program for the semiconductor industry, focusing on investment in AI chips and closing technological gaps. They criticize the slow progress of the original Chips Act and emphasize the need for Europe to be an attractive location for R&D and production amid rising geopolitical tensions. The lawmakers' appeal aligns with concerns raised by the chip industry, highlighting the urgency to address shortcomings and defend European interests against global competition.
Source: YAHOO