Ford Halts Vehicle Shipments to China as Trade War Escalates
Auto giant Ford (F) has halted the shipments of its vehicles to China as the trade war between Beijing and Washington escalates. Following China’s retaliatory measures in response to the Trump administration’s U.S. import taxes, tariffs on vehicles exported to China have increased to as high as 150%.
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Read MoreStock market today: Dow drops 950 points, S&P 500, Nasdaq tumble as Trump bashes Fed's Powell again
Hertz (HTZ) shares tumbled 11% Monday morning, giving back gains from last week’s rally sparked by Bill Ackman’s hedge fund taking a significant position in the rental car giant.
Ackman, the CEO of Pershing Square Capital Management, shared on social media that his company had built a 19.8% stake in Hertz after accumulating shares since late last year.
Read MoreUS Dollar Hits Three-Year Low as Stocks Tumble Amid Trump Attacks on Fed
Wall Street tumbled and the dollar slumped to a three-year low on Monday as growing global skepticism over U.S. investments intensified, driven by President Donald Trump‘s ongoing trade war and public criticism of the Federal Reserve.
These actions have rattled confidence in the traditional economic order, prompting investors to pull back.
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Read MoreStock Market Today: Dow Drops 971 Points as Powell Pressure Ramps Up
Stocks opened lower Monday, and selling accelerated throughout the session. Today’s declines were a result of continued losses in several of Wall Street’s biggest stocks and growing chatter over President Donald Trump’s desire to fire Federal Reserve Chair Jerome Powell.
The three main indexes all started the day with losses of 1% or more.
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Read MoreTrump tariffs bleed US dollar dry, boosting euro
US President Donald Trump’s tariff policies and statements regarding restructuring the Federal Reserve have contributed to a sharp fall in the US Dollar Index to 97.9, its lowest level since March 2022, following a downward trend that began in February.
The euro/US dollar parity rose to its highest level since November 2021,
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Read MoreThe Burst
Wall Street Is Sleeping on This Fintech Giant—Here’s Why It Could Double
Despite fast growth, high profitability and an extraordinary runway ahead, Nu Holdings (NYSE:NU)’s share price is down almost 24% in the last month as stock markets have sold off in response to weaker economic conditions in the US in 2025. This leaves the question of whether NU could be a good buy today for long-term gains.
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Read MoreThe Ivy
The Danger Is Still High, Here’s Why
After a face-ripping rally Wednesday, markets took a breather yesterday. Futures were pointing lower, which, frankly, wasn’t all that surprising given how sharply things ripped higher.
But while some have pointed to a bottom, the reality is the danger is still high. Look no further than how the rally failed at the downtrending resistance line.
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Read MoreThe Spotlight
Roblox Stock Soared 60% But Is the Party Just Getting Started?
Gaming company Roblox (NYSE:RBLX) operates a massive platform that allows creators to build and share their own games with little to no existing programming knowledge.
The platform is home to tens of millions of user-generated games, known as “Experiences” by the company. In the last 12 months, the company’s shares have gained almost 60 percent,
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