Retail’s new favorite beats Bitcoin, soars 490% this cycle
A new cryptocurrency seems to have found it sweet spot in retail traders' portfolio this cycle, beating Bitcoin.
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.
Retail investors buy stocks at largest level in 10 years, JPMorgan says
Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan said in a note on Friday. The historic "buy-to-dip" move by retail investors included names such as Nvidia, Amazon and S&P exchange-traded funds, but they sold Tesla. Small-cap technology was one of individuals' favorite sector picks amid the meltdown, while institutional investors have increased their bets against the sector.
Wall Street now hates these 10 stocks because of Trump tariffs
Wall Street is wasting no time adjusting their views on certain stocks in the wake of bruising Trump tariffs.
Silver hits over eight-week low as market frets about industrial demand
Prices of silver dropped to over eight-week lows on Friday as concerns about demand for the industrial precious metal dominated sentiment due to recession fears stemming from U.S. President Donald Trump's slew of tariffs. Silver typically tends to move alongside gold, but industrial uses such as electronics and photovoltaics account for more than half of global demand, estimated at around 700.2 million troy ounces as of 2024, according to the Silver Institute industry association. At $31.00 an ounce, silver has dropped nearly 9% since Trump's latest tariffs announcements on Wednesday.
Nasdaq set to confirm bear market as tariffs threaten Big Tech growth
The Nasdaq looked set to confirm a bear market on Friday, down more than 20% from its record high, as China and the U.S. entered a tit-for-tat tariff war that raised recession fears and clouded the outlook for tech companies spearheading the AI revolution. The tech-heavy index, home to six trillion-dollar market cap companies, hit a record closing high of 20,173.89 on December 16, but has struggled since the start of the year. Fears of a potential slowdown in AI spending had pushed it into correction territory earlier last month.
Dow on correction path as China strikes back against US tariffs
A rout in global stocks continued as Beijing said it would slap additional tariffs of 34% on all U.S. goods, exacerbating worries that a trade war could stoke inflation, dent demand and tip the global economy into a recession. President Donald Trump imposed a 10% tariff on most goods imported into the U.S. earlier in the week and much higher levies on dozens of rivals, especially China.
Analysis-Next up for markets: A crisis of confidence in the dollar
LONDON (Reuters) -In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it. The dollar, for decades a safe haven, on Thursday fell about 1.7% in its biggest daily drop since November 2022, after President Donald Trump imposed tariffs on imports at levels not seen since the early 1900s. Stock markets also tanked, as tariffs ignited recession worries.
Dow tumbles 1,000 points after China retaliates against Trump’s tariffs
US stocks opened sharply lower Friday after China retaliated against the United States for President Donald Trump’s tariffs in a tit-for-tat that escalates a global trade war.
Dow and S&P 500 continue declines as U.S. markets endure another chaotic day
The major U.S. stock indexes dropped sharply in Friday trading as President Donald Trump's historic tariffs announcement sent shock waves through the global economy.