FactSet said in a report released last week that the year-over-year earnings growth of S&P 500 companies would be 5%, marking the smallest increase since the fourth quarter of 2023.
Trump will be implementing a 50% tariff on copper imports effective August 1st which will bring copper tariffs in line with U.S. duties on imports of steel and aluminum which Trump doubled to 50% in early June.
Elon Musk’s EV giant is days away from opening its first showroom in Mumbai, with five Model Y SUVs already landed and priced above ₹2.7 million before duties.
The Australian Dollar (AUD) is poised to continue its winning streak for the fourth successive session against the US Dollar (USD) on Friday, after recovering its daily losses.
Gold price is gaining positive traction for the third consecutive day on Friday and approaching the top end of its weekly range amid rising trade tensions.
For years, Tesla’s meteoric rise has been inseparable from its visionary yet controversial CEO, Elon Musk. But now, with the company’s future clouded by political distractions, a plunging share price, and mounting shareholder unrest, a chorus of voices is asking: Should Tesla’s board finally move to remove
McDonald’s shares were up more than 2.5% at $300 on Thursday after Goldman Sachs upgraded the stock, saying the fast food company is better positioned compared to its competitors.
Advanced Micro Devices Inc (AMD) closed higher on Thursday after HSBC analysts led by Frank Lee raised their price objective on the semiconductor firm to $200.
The company delivered its 14th straight quarter of 20%+ profit growth. The analyst views the company’s disciplined strategy and expanding digital presence as key long-term tailwinds.
