Economy

Economy
Economy

Trump pauses 50% tariffs on Canada for three days as trade deal nears

Canada has secured a three-day reprieve from a new round of steep US tariffs after President Donald Trump said Washington and Ottawa were close to reaching a trade agreement. Trump announced the delay on Tuesday night, about 90 minutes before the tariffs were due to take effect. The White House said Canada had agreed to

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Economy

Trump Media: Top reasons DJT may become a penny stock soon

Trump Media stock has come under intense pressure this month as it continued to underperform the broader market. DJT dropped to $8, its lowest level since July 8 and 40% lower than where it started the year. This sell-off may push it into penny stock status in the next 12 months. Trump Media is losing

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Economy

Why is Moderna stock up 87% today during premarket trade?

Moderna MRNA shares surged in premarket trading on Wednesday after the company said its mRNA vaccine, when combined with Merck’s Keytruda immunotherapy, delivered positive results in a late-stage trial for skin cancer. At one point, before the bell, the stock doubled, jumping more than 99% to $125.68, from Tuesday’s close of $62.96, putting it on

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Economy

Oracle stock has become a bargain, but a risky pattern has emerged

Oracle stock remains under intense pressure this week, extending a steep decline that began after the shares peaked at $345 in September last year. The stock has since plunged nearly 60% from its all-time high, with its valuation increasingly appearing attractive even as investors remain concerned about the company’s rising debt burden and significant exposure

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Economy

Here’s why TeraWulf, CoreWeave, and Nebius stocks are falling

Top neocloud stocks are falling this week, erasing some of the gains they made last week when many of them published strong financial results. Nebius stock plunged to $241 from this month’s high of $280. Similarly, CoreWeave and TeraWulf tumbled to $93 and $15.62, respectively.  TeraWulf, CoreWeave, and Nebius stocks amid AI bubble fears The

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Economy

Estée Lauder stock jumps 13% after earnings beat and margin outlook

Estée Lauder Companies EL shares rose about 13% in premarket trading Wednesday after the beauty products maker reported fourth-quarter results above Wall Street expectations and raised its adjusted operating-margin outlook for fiscal 2027. The company reported fourth-quarter adjusted earnings of 39 cents per share, compared with the 32-cent consensus estimate. Revenue increased 6% to $3.6

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Economy

Dow rises 100 points as treasury yields fall; Moderna surges on vaccine trial

US stocks opened higher on Wednesday after a technology-led selloff in the previous session, as falling Treasury yields provided relief to equity markets and investors assessed fresh retail earnings.  The Dow Jones Industrial Average rose 100 points, while the S&P 500 and the Nasdaq Composite gained 0.37% and 0.28% respectively. The decline in long-term Treasury

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Economy

Marvell stock jumps 7%, and it has Google to thank

Marvell Technology MRVL stock gained 7% on Wednesday as it expands its relationship with Google amid accelerating demand for custom AI chips, giving the Alphabet-owned company the option to acquire a stake worth up to $12.2 billion in the chipmaker. Google gets potential 7% stake in Marvell Under the agreement, Marvell issued Google a warrant

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Economy

Oklo stock just lost crucial support: Is the bear market set to continue?

Oklo stock has slumped this year as concerns about the small modular reactor (SMR) industry continues. It has fallen to $41.36, down by nearly 80% from its highest point last year, with its market capitalization falling from over $24 billion to $7.6 billion. This retreat may continue as concerns about the industry remains and short

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Economy

Ethereum struggles near $1,900 as BitMine bets ETH will beat Bitcoin

Ethereum remains bearish despite Bitcoin recording gains over the last 24 hours.  Ethereum treasury company BitMine Immersion Technologies (BMNR) expects ETH to outperform Bitcoin (BTC) in the coming market cycle as institutional tokenization and agentic artificial intelligence increase demand for blockchain infrastructure. The forecast was accompanied by another week of Ethereum purchases and share repurchases

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