US stock futures wobbled below the baseline Wednesday night, as investors weighed easing concerns over lofty AI valuations and drew optimism from a Supreme Court hearing that hinted at a possible setback for President Donald Trump’s tariff policy. S&P 500 (ES=F) and Dow Jones Industrial Average futures (YM=F) hovered near the flatline while Nasdaq 100…
With a volatile first half of the year in the books for markets, analysts from the BlackRock Investment Institute (BII) are finally taking some time to breathe and take stock of some lessons learned. The firm cited uncertainty around President Donald Trump’s tariff policies as a primary driver of price swings in the first half…
Global market activities varied on Monday, with Wall Street on holiday. Notably, Chinese tech stocks surged, led by a significant revenue boost in Alibaba’s cloud business driven by AI advancements. In Europe, the STOXX 600 index inched up 0.3%, buoyed by healthcare stocks and promising manufacturing data. As the trading week progresses, attention turns…
America’s trillion-dollar auto sector may be past its prime. That’s according to New York University Stern School of Business professor and media entrepreneur Scott Galloway, who claimed in a recent YouTube video that 2025 marks “the beginning of the end of the U.S. automobile industry.” Galloway argues that U.S. automakers are struggling to compete with…
Tesla (TSLA) shares are getting run over right out of the gate post holiday weekend. The stock is down 7% pre-market as president Trump and Elon Musk return to public battle. The general vibe from those I have chatted with is that Musk creating his own political party is the last thing Tesla shareholders want…
Are you confused about Donald Trump’s tariff policy, including why he instigated a global trade war, what its effect impact will be on the U.S. economy and how hard it will hit your pocketbook? Join the club. So too are economists, trade experts, political prognosticators and Trump himself. Their bewilderment has only intensified with the…