Investment strategy
Bitcoin slides to $81,000 as Trump tariffs jolt stock market
Harun Ozalp | Anadolu | Getty Images Bitcoin and other cryptocurrencies were under pressure Thursday after President Donald Trump’s big tariffs reveal jolted the stock market. The price of the flagship cryptocurrency was last lower by 5% at $81,849.63, according to Coin Metrics. Ether fell 7% and the token tied to Solana dropped 13%. Shares […]
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Wall Street reacts to Trump’s tariff announcement as the stock market drops
President Donald Trump ‘s long-awaited announcement on tariff policy appears to have caught some on Wall Street off guard, or at least come in toward the negative end of expected outcomes. Exchange-traded funds that track market indexes such as the S & P 500 and Nasdaq 100 were selling off during after-hours trading Wednesday. Shares […]
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Treasury Secretary Bessent says market woes are more about tech stock sell-off than Trump’s tariffs
Treasury Secretary Scott Bessent speaks to reporters outside the West Wing after doing a television interview on the North Lawn of the White House on March 13, 2025 in Washington, DC. Andrew Harnik | Getty Images Treasury Secretary Scott Bessent said Wednesday the sell-off in the stock market is due more to a sharp pullback in […]
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Trump’s new tariffs ‘worse than the worst case scenario,’ Wedbush’s Dan Ives says
President Donald Trump’s extensive tariffs rollout on Wednesday was worse than expected for the market, according to Dan Ives, global head of technology research at Wedbush Securities. On Wednesday, Trump announced plans to impose a 10% baseline tariff on all countries and even higher rates on some nations in particular, like a 34% duty on […]
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Trump will follow tariff announcement with push to get stocks higher, Tom Lee says
After a rough start to the year, President Donald Trump is going to do what he can to get the stock market back on track, according to Fundstrat’s Tom Lee. The S & P 500 has lost about 3.7% so far in 2025 as investors have been rattled over fickle and potentially draconian trade policy […]
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Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
In this article NMAX Follow your favorite stocksCREATE FREE ACCOUNT A Newsmax booth broadcasts as attendees try out the guns on display at the National Rifle Association (NRA) annual convention in Houston, Texas, U.S. May 29, 2022. Callaghan O’hare | Reuters Shares of conservative news channel Newsmax plunged more than 70% on Wednesday as its meteoric […]
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What’s behind the enormous pop in shares of media meme stock Newsmax
Conservative news channel Newsmax raised $75 million Monday by offering 7.5 million shares at $10. This was not technically an IPO, it was a Regulation A offering. Reg A+, as it is called, was established in 2015 under the JOBS Act. It allows small companies to raise capital, but without undergoing the full SEC registration […]
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Manhattan’s luxury real estate market sees best first quarter in six years
People walk by a view of residential luxury towers along nicknamed Billionaires Row, a stretch of 57th Street that holds the majority of Manhattan’s supertall luxury towers on May 16, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images Manhattan apartment sales jumped 29% in the first quarter from the […]
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Here’s why buying Alibaba is a ‘great way to avoid the tariff tantrum,’ says one investor
Investors seeking a portfolio hedge against ongoing tariff volatility should look no further than Alibaba, according to Joule Financial’s Quint Tatro. The firm’s founder and president joined CNBC’s ” Power Lunch ” on Tuesday to share his thoughts on the Chinese e-commerce giant, alongside a pair of other market movers. Here’s what he had to […]
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Trump’s tariffs are a new challenge for Big Pharma. Here are the best-positioned stocks
Long-standing trade agreements have largely sheltered the pharmaceutical industry from tariffs but President Donald Trump’s goal of bringing manufacturing back to the United States has put the industry in the administration’s crosshairs. Trump first floated the idea of imposing tariffs of as much as 25% on imported pharmaceuticals in mid-February. Since then, he has repeated […]
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