Investors weren't exactly wrong to be excited about the companies trying to make meal kits and plant-based meat cool. But they sure haven't made any money from those bets. So...what went wrong?
Rising consumer prices, rising unemployment, and a slowing economy are telltale signs of stagflation. This is the ugly scenario that is unfolding before our very eyes.
Microsoft CEO Satya Nadella said recently, “All I know is, I'm good for my $80 billion” regarding the $500 billion Stargate AI announcement. But a February note from TD Cowen analysts stated that Microsoft was backing out of data center leases.
During Friday’s session following the European close, the EUR/USD pair slipped back toward the 1.1000 area, surrendering part of its early-week strength.
Gold prices are extending on Friday their drop for the second consecutive day, hitting a seven-day low of $3,023 per troy ounce, down more than 2.80% as Fed Chair Jerome Powell turned hawkish in a conference in Virginia.
Nvidia stock plunged 7.36% as escalating US-China trade war tensions sparked tech selloff, despite the company's record AI chip performance and strong earnings outlook.
In the new Trump economy, there will be clear winners and losers. Those stocks that are globalized will suffer while those that are primarily domestic will succeed.
The regular session of the US market on Friday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
