Rubio also met with Chinese Foreign Minister Wang Yi on the sidelines of the ASEAN summit, describing the meeting as “constructive” and noting that both sides agreed to maintain dialogue and manage their differences.
Earlier this week, President Donald Trump said in a cabinet meeting that either a tariff letter or a deal with the EU would be coming in two days. However, there’s no new word on the matter yet.
Bitcoin’s rally wasn’t enough to keep Robinhood shares in the green after Florida’s Attorney General opened an investigation into the firm over alleged ‘deceptive’ low-cost trading practices.
Trump reportedly told NBC News that he is mulling a blanket rate of 15%-20% for the remaining countries that have not been addressed in the over a dozen letters he dispatched this week.
Shares of Palo Alto, the most valued U.S. cybersecurity stock, shed 6.79% on nearly twice the average volume, and Zscaler, the fifth most valued, slumped 6.42%.
The large-scale audit reviewed over 75,000 vehicles and highlighted growing regulatory pressure on China’s auto sector, especially as Beijing targets fraud linked to its defunct EV subsidy program.
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.
The POTUS highlighted the steep 400% tariffs Canada charges on U.S. dairy imports as he discussed its North American neighbor’s tariff and non-tariff policies and trade barriers that have served to push deficits to unsustainable levels.
Speaking at a discussion at the Official Monetary and Financial Institutions Forum in St. Louis on Thursday, Alberto Musalem said the tariff policy will take time to settle.
In the rapidly evolving world of finance, few topics generate as much debate, curiosity, and confusion as Bitcoin. Heralded by some as “digital gold” and derided by others as a speculative bubble, Bitcoin has become both a buzzword and a battleground for investors seeking to understand whether it belongs in
Options-based strategy ETFs—such as those offered by YieldMax (NYSE: MSTY, NYSE: TSLY, NYSE: NVDY, NYSE: YMAX, NYSE: YMAG) and newcomers like Bitwise’s income option ETFs (NYSE: IMST, NYSE: ICOI, NYSE: IMRA, NYSE: IGME) —have attracted attention for their eye-catching yields. But beneath the surface, these funds introduce a
ARK Innovation ETF (BATS: ARKK) is pushing to fresh 52-week highs Thursday, buoyed by strong performances from its key holdings and renewed retail interest in AI and tech stocks.
Trump Media & Technology Group (NASDAQ: DJT) has filed for its third crypto ETF this year—a “Truth Social Blue Chip Crypto ETF” featuring 70% bitcoin, with smaller allocations to ether, Solana, Cronos, and XRP. The move builds on TMTG’s aggressive push into digital assets, including a Trump-branded memecoin, a USD1 stablecoin backed by Treasuries, and a $2.5 billion bitcoin reserve. While the filings reflect strong crypto conviction, critics warn of ethical entanglements given Donald Trump’s political influence and financial stake, raising concerns about blurred lines between public policy and personal gain.
The Nasdaq Composite climbed to an all-time high of 20,641 after the opening bell before paring gains and slipping back into the red. The Dow Jones Industrial Average and S&P 500 hovered near the flatline.
