The S&P 500 index is firing on all cylinders this year and is now trading at its all-time high. It has surged by over 75% from its lowest level in 2022, a trend that may continue later this year. The index, which tracks the biggest companies in the United States, is…
The Zoom Video stock price has remained in a three-year consolidation phase as concerns about its future and rising competition rose. The ZM share price has remained between the support at $58.65 and the resistance level at $95.30. It sits about 85% below the highest point on record. So, is…
US President Donald Trump announced plans on Tuesday to impose a 25% tariff on automobile imports, along with similar duties on semiconductors and pharmaceutical products. The move is part of his ongoing effort to reshape global trade, which could have significant economic consequences.Trump indicated that auto tariffs could take effect…
Howard Lutnick, former CEO of Cantor Fitzgerald and a well-known Bitcoin advocate, has officially been confirmed as the new US Secretary of Commerce. The Senate approved his nomination with a 51-45 vote, placing him in a key position within President Donald Trump’s administration.House Republicans@HouseGOP·FollowCongratulations to our new Secretary of Commerce…
A$AP Rocky, whose real name is Rakim Mayers, may have avoided a potential 24-year prison sentence, but his financial success remains unaffected by his legal battles. While much of the media attention has focused on the high-profile trial, the Harlem-born rapper has steadily built a lucrative career in music, fashion,…
HSBC, Europe’s largest lender, has announced a share buyback of up to $2 billion after posting a 6.5% increase in annual pre-tax profit, largely driven by the sale of its Canadian banking business. However, the bank’s revenue slightly declined, and its earnings fell short of analyst expectations. For the full…
Asian markets traded mixed on Wednesday as investors reacted to US President Donald Trump’s proposal to impose 25% tariffs on imports of autos, semiconductors, and pharmaceutical goods. Concerns over trade tensions weighed on sentiment, while policy moves in New Zealand and Australia influenced regional markets. Meanwhile, Chinese economic data and…
EV charging stocks should be thriving this year as the number of electric vehicles in the United States jump. Americans bought about 1.4 million EVs in 2024, a trend that may keep growing in the coming years. Cox Automotive anticipates that EV sales will total about 10% of all vehicle…
Electric Vertical Take-Off and Landing (eVTOL) stocks have done well in the last 12 months as investors anticipate their certification and cheer their fundraising from top blue-chip companies. Archer Aviation stock price has soared by 100%, while Joby Aviation is up by about 20%. So, which is a better investment…
China is making a serious push to lead the world in technology. From artificial intelligence and electric vehicles to semiconductors and renewable energy, the country is accelerating its efforts to outpace the West. President Xi Jinping’s meeting with top business leaders is a statement to the West that Beijing is changing…