Watch out! SCHD ETF could form the risky death cross pattern
The Schwab US Dividend Equity ETF (SCHD) has pulled back sharply in the past few weeks as Donald Trump’s trade war continued, and after its recent reconstitution. After soaring to a high of $29.17 in November last year, the blue-chip
Powell Industries stock price sends mixed signals: is it a good buy?
Powell Industries stock price has crashed and formed a death cross pattern in the past few months as concerns about tariffs and costs remained. It initially peaked at $363.55 in November last year and is currently $171.50. So, is it
US Prez Donald Trump says smartphone tariff relief was temporary, new duties coming
A recently announced pause on steep US tariffs for certain Chinese electronics, including smartphones and laptops, appears to be merely a temporary reprieve, according to top administration officials. Former President Donald Trump emphatically signaled that these key technology sectors are
PepeX ICO raises $1.35M as Trump’s crypto push fuels market attention
PepeX’s initial coin offering (ICO) has now surpassed $1,352,050 in funding, as interest accelerates in its fair-launch model aimed at everyday investors. Built on Solana, the PepeX platform is gaining ground at a time when Donald Trump’s expanding presence in
Southern Europe travel dips 15% as UK tourists opt for cooler getaways
A growing number of UK travellers are turning away from the Mediterranean in the peak summer months, opting instead for cooler destinations in northern Europe. The shift, dubbed “coolcations”, is being driven by climate concerns, overcrowding, and rising travel costs.
Xiaomi stock price has more upside, but faces one key risk
The Xiaomi stock price has pulled back in the past few weeks as investors focus on the ongoing economic war between the United States and China. After surging to $26 in March, the stock has plummeted by over 26% to
From factory to port: how Trump’s tariffs are reshaping global shipping
The specter of costly trade tariffs, once a painful memory for businesses like UK advanced materials manufacturer Goodfellow, has returned to haunt global supply chains. During Donald Trump’s first term, a sudden levy on steel and aluminum added roughly £100,000
NVIDIA stock rebounds 2.5% on Friday as analysts remain bullish
Nvidia shares rose Friday, recovering some ground after a sharp selloff in the previous session, as market volatility around tariffs remained the primary catalyst for the chipmaker’s stock.Shares gained 2.5% to trade at $110.26 on Friday, after falling 5.9% on
Why Tesla stock is sliding another 4% on Friday
Tesla shares extended their losses on Friday, falling about 4% to trade around $242. The decline followed a 7.3% drop on Thursday, when the stock closed at $252.40. Tesla is now down over 35% year-to-date, marking the steepest decline among
US consumer sentiment plunges to lowest level in over a decade as trade tensions escalate
Consumer confidence in the United States has slumped to its weakest level in over ten years, undercut by escalating trade tensions and growing fears of inflation and job losses. The latest survey from the University of Michigan, released Friday, revealed
European stocks wrap volatile week mixed: FTSE 100 inches higher, DAX dips
European markets closed out a turbulent week with modest losses on Friday, as the intensifying tariff standoff between the United States and China continued to rattle global investor sentiment.The pan-European Stoxx 600 index slipped 0.1%, retracing slightly after logging its
US stocks rebound as White House signals trade optimism with China
Wall Street closed sharply higher on Friday, capping a roller-coaster week, after the White House hinted it was open to reaching a trade agreement with China. A wave of renewed optimism sent the major indexes soaring, providing some relief after
Did Jamie Dimon and Bill Ackman influence Trump’s tariff pause?
Wall Street may have finally broken through Donald Trump’s hard stance on tariffs. After a week of escalating fears about a potential economic crisis, two of the biggest names in finance — Jamie Dimon and Bill Ackman — appear to
Dow slips 1,700 points, while S&P sheds Wednesday’s gains; big tech, bank stocks see steep declines
Stocks declined on Thursday, reversing half of the previous session’s historic gains, as investors responded to US President Donald Trump’s 90-day reprieve on some “reciprocal” tariffs with concern that economic activity will still be slowed by the higher rates imposed
European stocks register best day in years: DAX up over 4%, FTSE jumps 3%
European equities rebounded sharply on Thursday after US President Donald Trump announced a temporary pause in full reciprocal tariffs on most trade partners, offering a brief reprieve amid ongoing trade tensions. However, US markets failed to sustain their momentum from