As earnings season swings into gear, the cost of ongoing US tariffs is emerging as a source of negative sentiment, weighing on first-quarter results and prompting lowered guidance from several large corporations.Businesses ranging from snack makers to airlines and telecom firms are adjusting strategies, raising prices, and scaling back financial…
The digital assets market shows signs of life after prolonged consolidations, driven by macroeconomic uncertainty.While Bitcoin steadies above recently reclaimed $90,000, TRUMP and MemeFi steal the show with staggering gains in the past day.Official Trump skyrockets after dinner invitationTRUMP token saw remarkable surges today to hit a 24-hour peak of…
American consumers, grappling with economic uncertainty and inflationary pressures, are pulling back on spending—an emerging trend now reflected in the financial results of some of the country’s most influential consumer companies. Earnings calls from PepsiCo, Chipotle Mexican Grill, and Procter & Gamble this week painted a cautious picture of the…
Enterprise software stocks found themselves in the market’s spotlight on Thursday after ServiceNow posted stronger-than-expected earnings and guidance, reassuring investors that the sector might offer a rare bright spot in an economy clouded by rising tariffs and recession fears.Shares of ServiceNow soared more than 15% to close at $938.57, their…
In perhaps the clearest sign yet of Beijing’s growing concern over the economic repercussions of its trade conflict with Washington, China is reportedly considering exemptions for certain US imports currently subject to steep retaliatory tariffs.Authorities are actively soliciting input from businesses to identify goods that could potentially bypass the hefty…
Chinese companies are increasingly looking to Southeast Asia as a fundraising and listing destination, as tariff tensions with the United States and capital movement restrictions at home prompt a shift in strategy. The pivot is gaining momentum in 2025, with a rising number of firms exploring dual listings or asset-based…
IBM (NYSE: IBM) is evolving into a successful turnaround story under the leadership of Arvind Krishna, says Wamsi Mohan – a senior analyst at the Bank of America Securities. Krishna is “changing the company’s growth profile” by unloading its dormant assets and replacing them with ones that are now meaningfully contributing…
Chile’s competition watchdog, Fiscalía Nacional Económica (FNE), has approved a joint venture between state-run copper major Codelco and SQM, a top lithium producer.The cooperation, which aims to increase lithium production in the Atacama salt flats, is a key component of Chile’s strategic drive into the thriving battery metal business. The…
Semiconductor stocks are already under significant pressure amidst escalating China-US trade tensions, but a Wall Street analyst warns these names haven’t seen the worst yet.According to John Vinh, a senior KeyBanc analyst, chip stocks could tank another 40% from here if the US economy slides into a recession by the…
American consumers, grappling with economic uncertainty and inflationary pressures, are pulling back on spending—an emerging trend now reflected in the financial results of some of the country’s most influential consumer companies. Earnings calls from PepsiCo, Chipotle Mexican Grill, and Procter & Gamble this week painted a cautious picture of the…