Big Tech has completely reversed its April tariff sell-off and is boosting confidence on Wall Street

Big Tech has completely reversed its April tariff sell-off and is boosting confidence on Wall Street




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Hasbro CEO details tariff impact: ‘We’re making rapid changes’
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Hasbro CEO details tariff impact: ‘We’re making rapid changes’

In a Thursday interview with CNBC’s Jim Cramer, Hasbro CEO Chris Cocks detailed how the toy maker is trying to diversity its supply chain and adapt to President Donald Trump’s steep tariff hikes on China, one of its top suppliers. “I think we’re making rapid changes,” he said. “You know, our goal was to get […]

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Trump says any country that buys oil from Iran will not be allowed to do business with U.S.
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Trump says any country that buys oil from Iran will not be allowed to do business with U.S.

President Donald Trump said Thursday any country or person that buys oil or petrochemicals from Iran will not be allowed to do any business with the U.S. U.S. crude oil futures rose $1.03, or 1.77%, to close at $59.24 per barrel, while global benchmark Brent gained $1.07, or 1.75%, to settle at $62.13. Iran is […]

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Dow rallies 200 points to kick off May as Microsoft, Meta rekindle AI trade: Live updates
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Dow rallies 200 points to kick off May as Microsoft, Meta rekindle AI trade: Live updates

Traders work on the floor of the New York Stock Exchange on May 1, 2025. NYSE Stocks rose on Thursday after strong quarterly results from two Big Tech players eased concerns that artificial intelligence progress would slow amid economic turmoil. The Dow Jones Industrial Average climbed 210 points, or 0.5%. The S&P 500 traded up […]

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