U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in
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In the wake of Donald Trump’s victory in the 47th U.S. Presidential Election, the stock market has experienced a significant surge, often referred to as the “Trump Bump.” Since Election Day, the S&P 500 has climbed over 6%, while the Nasdaq has seen an impressive increase of more than 8%. These gains reflect investor optimism
A man exits the Iron Mountain Inc. data storage facility in Boyers, Pennsylvania, U.S., on Tuesday, Feb. 13, 2018. The underground data center, located in a former limestone mine, stores 200 acres of physical data for many clients including the federal government. Stephanie Strasburg | Bloomberg | Getty Images Elon Musk stood beside a seated
Editor’s note: “Nuclear Power Is Solving the World’s Looming Energy Crisis” was previously published in January 2025 with the title, “Nuclear Energy Stocks Could Be the Smartest AI Play for 2025.” It has since been updated to include the most relevant information available. When it comes to making money in the stock market, I’ve found
So much for that soft inflation optimism… A few days ago, as we looked ahead to this ‘Inflation Week,’ we noted that: “According to real-time estimates from the Cleveland Fed, this week’s Consumer Price Index (CPI) data is expected to show a 4-basis-point decline in January’s headline inflation rate and an 11-basis-point decline in the
The revered Pablo Picasso once said that every act of creation begins with an act of destruction. And believe it or not, I think that quote perfectly encapsulates the AI Revolution… Because while there is a lot of sensationalism surrounding AI right now, there is also a lot of fear about its potential negative impact.
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Citadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald Trump’s combative approach to U.S. trade policy. “From my vantage point, the
In this article SAP SCHW MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s and Charles Schwab have been outperforming the market this year, but now may be the time for investors to sell the stocks, according to James Demmert, chief investment officer of Main Street Research. Demmert appeared on CNBC’s “Power Lunch” on Monday to
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Steel and aluminum stocks surged Monday after President Donald Trump said he will impose 25% duties on all imports of the metals into the U.S. Cleveland-Cliffs surged more
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States
In this article VZ IBM EPR Follow your favorite stocksCREATE FREE ACCOUNT The IBM logo is displayed on a smartphone in Poland. Omar Marques | Lightrocket | Getty Images Talk around tariffs, the emergence of China’s DeepSeek and earnings of key companies have put the stock market on a roller-coaster ride. Investors seeking stable returns
Tom Yeung here with today’s Sunday Digest. Keeping up with President Donald Trump’s announcements has become a full-time job. In the past week alone: He announced 25% tariffs on Mexico and Canada, only to delay them at the last minute…. He closed the “Shein Loophole” that exempted small packages from Chinese import duties, forcing the
In this article BDX Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Company: Becton Dickinson and Co (BDX) Business: Becton Dickinson develops, manufactures and sells medical supplies, devices, laboratory equipment and diagnostic products for health-care institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry and the public
Over the past two weeks, the world’s biggest technology companies – including Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOGL), Meta (META), and Tesla (TSLA) – have all reported earnings. These quarterly results have been pretty stellar. But the conference calls and investor presentations are what offer Wall Street insight into how these Big Tech companies feel
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter
If you were going by the headlines alone this week, you may be thinking that tech giants Alphabet (GOOGL) and Qualcomm’s (QCOM) recent earnings reports just signaled the end of the AI Boom. After announcing quarterly results, both stocks dropped sharply in response. In fact, GOOGL suffered a near-10% drawdown – one of its biggest
Bundles of steel from Nucor Corporation sit for sale at Thompson Building Materials in Lomita, California, on Aug. 30, 2012. Patrick Fallon | Bloomberg | Getty Images U.S. steelmakers should be beneficiaries of President Donald Trump‘s new tariffs, but Wall Street warned that there are some risks in the longer term. On Saturday, Trump slapped
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Asset management giant Vanguard announced broad fee cuts for many mutual funds and ETFs on Monday, reinforcing its standing as one of the cheapest options for investors. The move reduces fees on 87 different funds, and 168 total share classes of those funds. The average
In this article SIRI BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway once again scooped up shares of Sirius XM, boosting its stake in the satellite radio company to
US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty Images President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool