The next Trump trade? Newsmax soars 722% in its stock-market debut.
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox Corp's valuation.
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox Corp's valuation.
Hedge funds have shed technology stocks at the fastest pace in six months, according to data from Goldman Sachs.
In Trump's second term, investors have been dismayed to see how much volatility the administration can stomach as it pursues its trade war.
The consumer is in precarious shape ahead of the April 2 tariff date, and any further souring of sentiment could heighten risks to markets.
It was a historically difficult quarter for the EV maker, with tariffs and growing protests over Elon Musk's work with DOGE weighing on sentiment.
Of the 107 S&P 500 companies to offer first-quarter guidance, 68 have given disappointing outlooks, according to a FactSet analysis released Monday.
Investors' aversion to uncertainty was the theme across global markets on Monday in the run-up to U.S. President Donald Trump's promised April 2 "Liberation Day" tariff announcements. However, the S&P 500 and the Dow clawed their way back into the green even as Treasury yields stayed slightly lower on the day amid worries about how Trump's trade war will impact U.S. and overseas growth.
Shares of Taiwan-based semiconductor manufacturer United Microelectronics surged Monday on reports it could merge with U.S. chipmaker GlobalFoundries.
The benchmark diesel price used for most fuel surcharges rose Monday for the second consecutive week. The post Benchmark diesel price up for second straight week, futures markets rise sharply appeared first on FreightWaves.
Coinbase shares lost ground for a fourth-consecutive session on Monday, wrapping up a volatile month in which the stock lost one-fifth of its value. Monitor these major chart levels.