Did tariffs kill the TikTok deal? Donald Trump blames Beijing
Donald Trump asserts that a potential deal with China regarding the sale of TikTok faltered after he unveiled his new tariff policies. Trump made these claims while speaking to reporters aboard Air Force One on Sunday, as he returned to
Sensex and Nifty 50 crash 5% as China’s 34% tariff retaliation shakes Asian markets
Dalal Street witnessed a dramatic bloodbath on Monday as the BSE Sensex and Nifty 50 crashed by approximately 5% each, plunging to 9-month lows. The sharp decline reflects mounting global pressure, with the Volatility Index surging over 50%, signaling heightened
AppLovin CEO explains why his proposal for TikTok is better than rival bids
AppLovin Corp (NASDAQ: APP) chief executive Adam Foroughi says the ad-tech company’s proposal to acquire TikTok is significantly stronger than the competing bids.While others are primarily interested in TikTok US only, AppLovin is eyeing a merger with global operations of
What next for Hang Seng, Shanghai Composite, and China A50 indices?
Chinese equities tanked on Monday as the market reacted to the escalating trade war between the United States and China. The Shanghai Composite Index fell by 6.25%, while the China A50 and the Hang Seng indices dropped by 5.20% and
Nifty 50 index has crashed: is this an overreaction?
The Nifty 50 index plunged on Monday, joining other global stocks in a meltdown that has wiped out trillions of value in the last three market days. It crashed to a low of ₹21,755, its lowest level since June 4
USD/JPY forecast: Japanese yen, a safe haven currency, surges
The USD/JPY exchange rate crashed to a low of 144.53 on Monday as investors moved to the safety of the Japanese yen. It dropped to 144.53, its lowest level since October 2, and 8% below the highest point in January. Japanese
Crypto fear and greed index crashes as liquidations top $1B: buy the dip?
The crypto fear and greed index plummeted to the extreme fear zone on Monday as Bitcoin and most tokens plummeted. Bitcoin crashed to $77,000, while the total market cap of all cryptocurrencies fell by almost 10% to $2.4 trillion. Berachain price
XRP price prediction: the next Ripple target after losing key support
XRP price has crashed below a crucial support level, risking further downside as the crypto meltdown gains steam. It plunged to a low of $1.7020 on Monday morning, its lowest level since November last year. It has retreated by over
Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs. As the impending tariffs shook the global economy Friday, people