Bitcoin Short-Term Futures Slip Into Discount on Deribit in Sign of Weak Demand
Futures expiring on Friday have slipped into a discount, reflecting demand weakness.
AppLovin (APP) Stock Trades Down, Here Is Why
Shares of mobile app advertising platform AppLovin (NASDAQ: APP) fell 11% in the morning session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. Over the weekend, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq falling
Goldman Sachs slashes US economic forecasts as tariff impacts grow 'considerably more adverse'
Goldman Sachs is the latest economic forecasting team to downgrade its outlook as Trump's tariffs are expected to weigh on growth and boost inflation.
Why Is Beacon Roofing Supply (BECN) Stock Soaring Today
Shares of roofing materials distributor Beacon Roofing Supply (NASDAQ:BECN) jumped 8.7% in the pre-market session after the company announced talks with QXO regarding a potential acquisition. According to the press release, QXO's offer would value BECN at $124.35 per share in cash, or approximately $11 billion.
Why Tesla (TSLA) Stock Is Nosediving
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 10.4% in the afternoon session after markets tumbled, extending the weakness from the previous week as concerns over the ongoing trade war continued to spread. Over the weekend, President Trump fielded questions regarding recession worries on FOX News, calling the market struggle "a period of transition," but that didn't do much to calm investors. The sell-off was particularly pronounced in the tech sector, with the Nasdaq falling 3% in
What Analysts Think of Adobe Stock Ahead of Earnings
Adobe is expected to report fiscal 2025 first-quarter results after the closing bell Wednesday, with analysts mostly bullish leading into the report and next week's Adobe Summit.
Dow falls nearly 900 points and Nasdaq dives 4% as stock sell-off gathers steam
Major stock indexes tanked Monday, continuing a sell-off that gathered steam last week as rattled investors began zeroing in on the prospect of a significant falloff in U.S. growth amid persistent inflation and a wobbling job market.
Investors Could Keep Buying Staples Stocks, UBS Analysts Say
Stock in companies that make or sell food, beverages and other household supplies are outperforming the broader market amid volatility, the analysts said.
The crypto market continues to stumble as Trump declines to rule out potential recession this year
Trump tells Fox News that the country will experience a “period of transition.”
Why Bitcoin and Related Stocks Plunged This Weekend
Here's what Trump's economic policies and the strategic Bitcoin reserve announcement may mean for crypto investors.