D3sign | Moment | Getty Images It’s an uneasy time for the many families who rely on the stock market’s returns to send their children to college. Stocks have been in the red amid President Donald Trump’s new tariff policy and worries of a global trade war. The S&P 500 dropped around 15% between when Trump took […]
Apple falls 5% as tech struggles to bounce back from rout
Tim Cook Sally Shin | CNBC Technology stocks declined Tuesday, erasing earlier gains after a broad market relief rally faded. The tech-heavy Nasdaq dropped more than 2%, wiping out an earlier gain of 4.6% at its highs. Apple and Tesla dropped about 5%. Meta Platforms, Alphabet, Amazon, Microsoft and Nvidia all finished lower. Markets rallied […]
Prince Harry, King Charles avoid seeing each other in London amid royal feud
Prince Harry is back in London – and sources claimed the Duke of Sussex didn’t meet with his father, King Charles, before the monarch headed to Italy. The prince made a rare appearance at the Royal Courts of Justice on Tuesday for a two-day hearing over the government-funded security he lost in February 2020 after […]
Trump Tariffs Hit Antarctic Islands Inhabited by Zero Humans and Many Penguins
On Wednesday, President Donald Trump announced the US was imposing reciprocal tariffs on a small collection of Antarctic islands that are not inhabited by humans, as part of a global trade war aimed at asserting US dominance. The Heard and McDonald Islands, known for their populations of penguins and seabirds, can only be reached by […]
Bitcoin relief rally fizzles as White House confirms 104% China tariffs — Will BTC fall to new lows?
Bitcoin’s surprise rebound to $81,180 — which was influenced by fake news regarding a pause on US tariffs — has all but evaporated following White House confirmation that 104% tariffs on China will start on April 9. S&P 500 drops intra-day gains follow White House tariff confirmation. Source: X / Kobeissi Letter After dropping below […]
Strategies to keep your money safe amid market volatility
Stock markets in the U.S. and around the globe have dropped since last week when President Donald Trump introduced tariffs on most imports. The sell-off is causing some Americans to rethink their financial investments, despite financial advisor recommendations to stay the course. Money flowed in and out just 0.10% of 401(k) balances overall last week, […]
Apple iPhone price could jump $350 in U.S. on Trump tariffs: analyst
A customer checks Apple’s latest iPhone 16 Plus (right) and Apple’s latest iPhone 16 Pro Max (left) series displayed for sale at Master Arts Shop in Srinagar, Jammu and Kashmir, on September 26, 2024. Firdous Nazir | Nurphoto | Getty Images President Trump’s reciprocal tariffs could lead Apple to raise the price of the iPhone […]
Meghan Markle apologizes after mistake leaves customers disappointed
Meghan Markle’s As Ever brand sold out in less than an hour, but some customers’ orders went unfilled due to high demand. As Ever’s Limited-Edition Wildflower Honey with Honeycomb sold out so quickly, some shoppers who had their purchases confirmed later learned the stock was already gone, and the order couldn’t be filled. The As […]
The AI Race Has Gotten Crowded—and China Is Closing In on the US
Stanford’s report shows Chinese AI is on the rise overall, with models from Chinese companies scoring similar to their US counterparts on the LMSYS benchmark. It notes that China publishes more AI papers and files more AI-related patents than the US, although it does not assess the quality of either. The US, in contrast, produces […]
Bitcoin, stocks crumble after ‘90 day tariff pause’ deemed fake news — BTC whales keep accumulating
Global financial markets continued to tumble on April 7, as US equities dropped more than 3%, wiping more than $2 trillion in value on market open. The pullback saw the S&P 500 drop 2.79%, with the index officially entering a bear market, following a 20% decline from its recent all-time highs. However, the SPX momentarily […]