Reported 29 days ago
Startup acquisitions have surged in 2025, highlighted by Google’s unprecedented $32 billion buyout of cybersecurity startup Wiz—reflecting optimism in Silicon Valley regarding new antitrust policies under the Trump administration. So far this year, 11 acquisitions exceeding $1 billion have been reported, totaling $54.5 billion, surpassing previous quarterly records. Factors contributing to this boom include an anticipated increase in tech IPOs, strong investor cash reserves, and a heightened interest in AI technologies. Despite the activity, over 1,000 tech startups remain in limbo with valuations above $1 billion, facing challenges in finding buyers or going public.
Source: YAHOO
Reported 29 days ago
President Donald Trump has announced a 25% tariff on any country purchasing oil and gas from Venezuela, aiming to diminish revenue for Nicolás Maduro's regime and increase pressure on nations like China that buy Venezuelan crude. The tariff will take effect on April 2, 2025, and is part of a broader trade strategy during a period of escalating tensions between the United States and Venezuela. This decision follows a recent rise in Venezuelan oil exports and various sanctions imposed by the Trump administration after the easing of restrictions under President Biden.
Source: YAHOO
Reported 29 days ago
Tesla shares surged by as much as 10% on Monday, increasing 16% since CEO Elon Musk's surprise town hall meeting, where he encouraged employees to hold their stock. This uptick follows a period of losses and is partly attributed to a wave of retail investors buying in during the recent downturn. Despite concerns about falling vehicle sales and increasing competition, retail investors have invested $7.3 billion in Tesla shares over the past two weeks, viewing the price drop as a buying opportunity.
Source: YAHOO
Reported 29 days ago
Marex Group has acquired the warehousing and logistics firm Edgemere Terminals, which struggled to meet the London Metal Exchange's new capital adequacy regulations. The acquisition follows the LME's recent increase in requirements for warehouse companies, which Edgemere could not fulfill. Marex, which aims to diversify its operations, had previous acquisitions to strengthen its position in the market.
Source: YAHOO
Reported 29 days ago
Deutsche Bank AG has garnered significant interest in its €1.5 billion Additional Tier 1 bond issuance, attracting approximately €10 billion in orders despite recently choosing not to call on a similar bond. This decision, which traditionally might have upset investors, suggests a shift in sentiment as high demand remained following the skipped redemption. The perpetual bond, carrying a 7.125% coupon, will help bolster the bank's regulatory capital amid continuous restructuring efforts.
Source: YAHOO
Reported 29 days ago
Tax season, a time filled with sensitive financial data, is particularly susceptible to scams, especially this year due to uncertainty from IRS workforce cuts. Cybercriminals are expected to exploit these conditions by using various tactics, such as impersonating the IRS via emails or social media. Experts advise taxpayers to remain vigilant, file early, and use trusted professionals to mitigate risks. The IRS encourages awareness of common scams and emphasizes that they will never initiate contact for personal information via email or social media.
Source: YAHOO
Reported 29 days ago
U.S. equities surged midday as expectations eased over President Trump's upcoming tariffs. Tesla saw a rise in shares due to news of its advanced self-driving technology launch in China, while Nucor benefited from an upgrade in the steel sector. However, Super Micro Computer faced a decline after being downgraded by Goldman Sachs amid increased competition in AI servers. Additionally, 23andMe filed for Chapter 11 bankruptcy, causing a significant drop in its stock, and Lockheed Martin's shares fell after losing a contract to Boeing.
Source: YAHOO
Reported 29 days ago
Copper prices increased on Monday as traders reacted to indications that President Trump's upcoming tariffs would be more focused than originally anticipated. The rise follows reports suggesting that the tariffs set for April 2 will be narrower, alleviating some investor concerns about global trade impacts. Consequently, copper futures surged on the London Metal Exchange, with prices hitting over $10,000 per metric ton, while New York's Comex saw similar gains before some retraction. The ongoing trade dynamics have led to a significant price gap between London and New York, driving traders to export copper to the U.S. for higher returns, leaving other markets, particularly China, in a supply crunch.
Source: YAHOO
Reported 29 days ago
Emerging-market equities and currencies ended a three-day decline on Monday as indications emerged that President Trump's upcoming tariffs would be more targeted than previously feared, boosting investor confidence. The MSCI emerging-market equity index rose by 0.5%, primarily driven by gains in technology stocks in Hong Kong, while developing-world currencies saw mixed performance, led by a stronger Mexican peso. Analysts noted that the easing of tariff pressures contributed to a positive market outlook, with upcoming economic data and central bank decisions being closely watched.
Source: YAHOO
Reported 29 days ago
The Trump administration is shifting its approach to tariffs, adopting a more targeted method for the upcoming April 2nd tariffs, which could impact various sectors like pharmaceuticals and semiconductors. While there's a notion of narrowing the focus, the majority of America's trading partners remain involved, suggesting major duties will still be applied. This move appears to be more a response from the economics team rather than direct presidential influence, as efforts to calm market fears continue.
Source: YAHOO
Reported 29 days ago
Williams-Sonoma and three other companies—DoorDash, Expand Energy, and TKO Group—were added to the S&P 500 index as stock prices rose following the changes. This rebalancing replaces BorgWarner, Teleflex, Celanese, and FMC. Additionally, Palantir Technologies, Intuitive Surgical, and ServiceNow replaced Dow, Kraft Heinz, and Ford in the S&P 100 while staying in the S&P 500.
Source: YAHOO
Reported 29 days ago
Lightspeed Commerce Inc. has revised its revenue outlook for fiscal 2025 down to 18% growth from 20% due to sluggish consumer spending, particularly in the restaurant and retail sectors. The Montreal-based company's CEO, Dax Dasilva, cited increased inflation, job insecurity, and weakened consumer confidence as contributing factors. Consequently, Lightspeed's shares dropped by 3.6%, marking their lowest point since April 2020.
Source: YAHOO
Reported 29 days ago
President Trump is adjusting his trade policy ahead of the April 2 'Liberation Day' by focusing reciprocal tariffs on a smaller group of countries, particularly those with unfavorable trade balances with the U.S., dubbed the 'dirty 15.' Additionally, he announced a new 25% secondary tariff on countries purchasing oil from Venezuela. This shift aims to reduce the potential economic impact of the tariffs, which have been a central theme of Trump's trade strategy.
Source: YAHOO
Reported 29 days ago
In March, U.S. business activity saw a rise, as reported by S&P Global, but concerns over tariffs and government spending cuts continued to diminish overall sentiment. The PMI index indicated a recovery in services, while manufacturing slipped into contraction. Despite the uptick in activity, fears of slow growth and high inflation loomed, influencing consumer confidence negatively. The Federal Reserve has moderated its growth expectations, with inflation pressures evident from rising input costs.
Source: YAHOO
Reported 29 days ago
With the appointment of new CEO Lip-Bu Tan, Intel has a potential path to viability in the competitive chip market, according to Bank of America analyst Vivek Arya. Tan's experience and push for a stronger AI strategy may help stabilize the company, which has faced significant challenges under former CEO Pat Gelsinger, including a 76% drop in earnings and a decline in sales. Tan's leadership could improve Intel's standing with investors and enhance its value beyond its physical assets.
Source: YAHOO
Reported 29 days ago
Tesla, Amazon, and Microsoft have all experienced significant stock declines recently, with Tesla falling for nine consecutive weeks, Amazon for seven, and Microsoft for eight. This trend reflects a broader sell-off of major tech stocks amid concerns over demand, particularly in AI, and shifting investor preferences towards safer investments. Increased uncertainty in the market, alongside warnings of declining demand from other major companies, has exacerbated the situation as earnings season approaches.
Source: YAHOO
Reported 29 days ago
In a bid to calm market fears over impending tariffs set for April 2, Trump administration officials suggest that the final scope may be more limited than anticipated, focusing primarily on a select group of countries. This has led to a rise in market indices, although significant uncertainties remain, particularly regarding the economic landscape influenced by tariffs. President Trump also hinted at new tariffs on oil from Venezuela, showcasing ongoing tensions in trade policies.
Source: YAHOO
Reported 29 days ago
Despite recent market relief following President Trump's tariff news, experts caution against making significant investment changes. Matt Orton, chief market strategist at Raymond James, emphasizes the importance of maintaining a diversified portfolio, particularly in defensive sectors, until clearer information emerges after April 2nd. This period of uncertainty suggests that patience and careful strategy are crucial for investors.
Source: YAHOO
Reported 29 days ago
Hyundai Motor Group is poised to announce a significant $20 billion investment in the U.S., which will include a $5 billion steel plant in Louisiana, at a White House event. This comes amid tensions over potential tariffs from the U.S. government, targeting countries with large trade surpluses like South Korea. The investment announcement will involve figures such as President Trump and Hyundai's Chairman Euisun Chung.
Source: YAHOO
Reported 29 days ago
On Monday, tech stocks surged as Nvidia, AMD, and Meta led the rally spurred by targeted tariff news from President Trump and advancements in AI technology from Ant Group. Meta and Nvidia saw significant share increases of over 3%, while AMD rose by more than 7%. The rally coincided with reports of reduced trading partner tariffs and new, cost-effective AI models from China, indicating continued momentum in the tech sector despite potential regulatory challenges.
Source: YAHOO
Reported 29 days ago
U.S. stocks rallied on Monday following reports that President Trump's tariffs will be less extensive than previously feared, highlighting the importance of clarity on government policies for market recovery. The S&P 500 rose over 1%, and the Nasdaq Composite led with a 1.5% gain after speculation about 'Liberation Day' tariffs shifted focus to fewer countries. Analysts suggest that until official announcements are made, uncertainty surrounding tariffs may still weigh on investments.
Source: YAHOO
Reported 29 days ago
U.S. stock markets experienced a significant boost on Monday, with the Dow Jones, S&P 500, and Nasdaq all rising amid reports that President Trump's upcoming tariffs will be more targeted than initially feared. This news alleviated concerns about a potential trade war's impact on inflation and economic growth, leading to increased investor optimism and a notable rally in tech stocks, particularly Tesla.
Source: YAHOO
Reported 29 days ago
Nvidia's stock has seen a significant decline of 12% year-to-date, contrasting with its impressive 171% gain in 2024, as investors shift focus from high-cap stocks to perceived better values in international markets. Analyst Vivek Arya notes that despite positive fundamentals and strong profitability, sentiment is adjusting amid changing policies in the U.S. Following a successful product event revealing future AI advancements, analysts remain optimistic about Nvidia's potential, maintaining a buy rating with a target price suggesting considerable upside.
Source: YAHOO
Reported 29 days ago
23andMe has filed for Chapter 11 bankruptcy protection while co-founder and CEO Anne Wojcicki has resigned, amid ongoing struggles to establish a profitable business model since going public in 2021. The San Francisco-based genetic testing firm plans to sell most of its assets through a court-approved reorganization plan and is committed to maintaining customer data privacy during this transition. The company will continue operations with $35 million in financing while aiming to resolve its significant financial challenges.
Source: YAHOO
Reported 29 days ago
Roper Technologies has announced its acquisition of healthcare technology firm CentralReach from Insight Partners for approximately $1.65 billion. This acquisition is projected to add about $175 million to revenue and $75 million to EBITDA for the fiscal year ending June 30, 2026, and is expected to close by April or May 2025.
Source: YAHOO