The Daily

The market turmoil caused by President Trump’s 2025 tariff announcements has experts reassessing a longstanding maxim: “The stock market is not the economy.”

Brenton Harrison, a certified financial planner, founder of New Money New Problems, and a member of Investopedia’s Advisor Council, pointed to reasons to rethink the dictum. Many investors now trade for themselves via apps like Robinhood Markets Inc.

 » Read more about: When Experts Say 'The Stock Market Is Not the Economy,' What Do They Mean?  »

The Federal police in Germany (BKA) seized the server infrastructure and shut down the ‘eXch’ cryptocurrency exchange platform for alleged money laundering cybercrime proceeds.

During the law enforcement operation, the authorities also seized eight terabytes of data and cryptocurrency (Bitcoin, Ether, Litecoin, and Dash) worth approximately $38,000,000, making this the third largest seizure of digital assets in BKA’s history.

 » Read more about: Germany takes down eXch cryptocurrency exchange, seizes servers  »

Ethereum’s steep 40% decline has raised investor concerns despite its coherent technological development roadmap. New crypto listings are gaining traction as traders seek alternatives to major cryptocurrencies.

 » Read more about: New Cryptocurrency Releases, Listings, & Presales Today – MECCA, Cellex, Lair Finance  »

 » Read more about: Top Stock Movers Now: Tesla, Monster Beverage, Insulet, and More  »

 » Read more about: Trump Suggests New Editor for The Wall Street Journal to Rupert Murdoch  »

While no company has reached that towering $4 trillion milestone yet, Microsoft, Apple, and Nvidia are all within striking distance.

It’s not inconceivable that any one of them could be first past the post but if you’re asking who not only gets there, but stays there, the strongest case can be made for Microsoft.

 » Read more about: Will This AI Goliath Hit $4 Trillion by 2027?  »

Gold prices dipped on May 9 amid rising geopolitical uncertainties and strengthening dollar. Gold’s June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 96,020 per 10 gram today.

Let’s check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on May 9:

(as per data on Good Returns)

“Sentiment turned negative following the announcement of a US-UK trade agreement,

 » Read more about: Gold rates on May 9: Yellow metal's prices dip; check the latest rates in your city today  »

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 » Read more about: Gold Market Commentary: A Risk-Induced Premium That May Linger  »

Senate Democrats blocked a first-of-its-kind bill aimed at regulating cryptocurrency in the US amid Democratic concerns over President Donald Trump’s cryptocurrency dealings.

The vote came after months of intense negotiations between Democrats and Republicans.

 » Read more about: Senate Democrats block first-of-its-kind bill regulating cryptocurrency amid concerns over Trump’s crypto dealings  »

Making the most profit from a bearish market requires attention to the profitable altcoins and meme coins with explosive potential. However, identifying cryptocurrencies with explosive potential may require effort,

 » Read more about: Next Cryptocurrency to Explode, 9 May — Brett, Oasis Network, Fartcoin  »