Made in USA coins will be in the spotlight this week as Donald Trump hosts the first crypto summit in Washington. He is expected to announce the Strategic Bitcoin Reserve, a move that may lead to more demand in the near term. This article explores some of the best USA…
Cryptocurrency prices held steady on Thursday as investors waited for the upcoming nonfarm payrolls (NFP) and the Trump crypto summit. The total market cap of all coins rose by 2.8% to $2.98 trillion. Bitcoin held steady above the key resistance level at $90,000, while popular coins like Ondo Finance and…
Best Buy (BBY) is signaling a potential turnaround after years of struggling sales figures. The electronics retailer reported surprisingly strong fourth-quarter results on Tuesday, exceeding Wall Street’s expectations and putting an end to a three-year slide in sales growth. However, the company is also bracing for potential headwinds from tariffs…
The S&P 500 and Dow Jones Industrial Average closed lower on Tuesday as trade tensions intensified following US President Donald Trump’s implementation of new tariffs on Canada, Mexico, and China.Trump’s 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods, took effect at…
The Hang Seng Tech Index continued its recovery rally on Wednesday, joining other global indices like the Nikkei 225 and the Shanghai Composite. The index, which tracks the biggest Chinese technology companies, rose to H$5,635, its highest level since February 2022. It has risen by about 90% from its lowest…
The Tesla stock price has imploded this year, making it one of the worst-performing companies in the Nasdaq 100 indices. TSLA has dropped in the last five consecutive weeks and is hovering near its lowest level since November 4. It has tumbled by 45% from its highest level this year,…
Xiaomi stock price is firing on all cylinders, making it one of the best-performing companies in the Hang Seng index. It has soared by over 300% in the last twelve months and is beating Apple (AAPL) whose shares have jumped by less than 50%. This surge has brought its market…
Asian markets mostly advanced on Wednesday as investors analyzed China’s economic growth and inflation targets while monitoring global trade tensions following new US tariffs on China, Mexico, and Canada. Despite concerns over escalating trade disputes, key indexes across the region recorded gains.Japan’s Nikkei 225 climbed 0.37%, with the Topix adding…
The future of the CHIPS Act is facing renewed scrutiny as former US President Donald Trump urges lawmakers to repeal the $52.7 billion subsidy program, citing concerns over its impact on federal debt. Trump’s remarks, made during a speech to Congress, questioned the effectiveness of government-backed incentives, arguing that semiconductor…
A US court has ruled against Elon Musk’s request to block OpenAI’s shift to a for-profit structure, marking a key development in the legal battle over the artificial intelligence firm’s governance and funding strategy. While denying the preliminary injunction, US District Judge Yvonne Gonzalez Rogers agreed to expedite the trial,…