Indian stocks and the rupee dropped on Wednesday after the country’s central bank slashed interest rates for the second time this year. The blue-chip Nifty 50 index dropped by 0.65%…
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Ideas
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In a coordinated effort to shore up investor confidence, top Chinese brokerages have pledged to help stabilize domestic share prices, the Shanghai bourse announced. This pledge comes as scores of…
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Apple shares staged a rebound on Tuesday, after days of relentless selling that saw the tech giant’s market value tumble by $638 billion as investors appeared to take solace in…
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Europe will likely only be able to produce a small portion of the rare earths it requires for electric vehicles and wind turbines, primarily due to inexpensive competition from China,…
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Ideas
Musk calls Trump’s trade adviser Navarro ‘truly a moron’ and ‘dumber than a sack of bricks’ over tariff row
Tesla CEO Elon Musk has reignited tensions with the Trump administration, publicly mocking senior trade adviser Peter Navarro amid a fierce debate over US trade tariffs. Musk slammed Navarro as…
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Elon Musk’s social media platform X, formerly known as Twitter, has reached a preliminary agreement to settle its legal dispute with Twitch, a live streaming service owned by Amazon. The…
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As trade tensions escalate, Netflix (NFLX) appears to be one of the rare American tech giants with a cushion against severe fallout. While many firms brace for heavy blows, the…
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Ideas
US confirms 104% tariffs on Chinese imports effective April 9: ‘Additional tariff will be collected starting tomorrow’
The US–China trade tensions took a major turn on Monday as the White House confirmed a sweeping 104% tariff on selected Chinese imports, escalating an already volatile standoff between the…
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Ideas
Dow and S&P 500 rebound on hopes of tariff deals; Broadcom shares jump, healthcare stocks post notable gains
Major equity benchmarks rebounded from the blood bath of the previous sessions as traders hoped the US would reach trade deals and lower duties. At the time of writing, the…
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US stocks are struggling to find a floor after President Trump announced retaliatory, or what some would call punitive, tariffs on dozens of countries on April 2nd. Financial markets from…