Markets Continue Fall as Trump Threatens New 50% Tariff on China
President Trump has escalated trade tensions by threatening new 50% tariffs on China.
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BTC$58,324.00-3.05%
ETH$1,571.27-3.03%
USDT$0.9985-0.01%
USDC$0.99970.00%
XRP$1.04-2.30%
SOL$73.02-3.32%
TRX$0.3147-2.06%
FIGR_HELOC$1.04+0.96%
HYPE$64.56-2.09%
DOGE$0.0719-2.47%
RAIN$0.0157-1.55%
USDS$0.9997+0.02%
LEO$9.25-3.02%
ZEC$397.33-1.55%
XLM$0.1856+4.21%
Truist Securities has issued a 'Buy' rating for Reddit, setting a price target of $150.
President Trump has escalated trade tensions by threatening new 50% tariffs on China.
Qiagen has increased its 2025 earnings forecast following a strong start to the year, with first-quarter sales surpassing estimates.
Bernstein's downgrade of General Motors highlights concerns over new tariffs affecting the company's financial health.
U.S. stock futures plummeted on Monday morning with the S&P 500 approaching bear market territory.
Global stocks extended their sell-off on Friday, with major US indexes dropping more than 3%.
Recent tariff announcements have led to a sharp decline in U.S. bank stocks, sparking fears of a recession.
Stellantis temporarily lays off 900 workers, halts production in Mexico and Canada.
Sweeping tariffs threaten global trade relations while markets respond with significant sell-offs across equities, commodities, and currencies.
Lamb Weston Holdings, Inc. showcased a robust performance in the third quarter of fiscal 2025, with net sales rising by 4% year-over-year to $1.52 billion.
Conagra Brands, Inc. (NYSE: CAG) reported a 6.3% decline in net sales for the third quarter of fiscal 2025, totaling $2.8 billion.
Acuity Inc. reported a solid second-quarter performance in fiscal 2025, driven by a strategic acquisition that boosted net sales by 11.1% to $1.0 billion.
Apple Inc. faces significant challenges due to new tariffs imposed by President Trump.