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With Donald Trump's return to the presidency, Wall Street is bracing for the likelihood of tax-cuts. Trump emphasized tariffs and tax reductions as central components of his electoral platform. He maintained a strong focus on tax policy, similar to his previous term, but with an even more radical approach.
Trump's proposed tax policy can be described as "raising tariffs and lowering domestic taxes." During his campaign, Trump pledged to uphold t...
Trump's proposed tax policy can be described as "raising tariffs and lowering domestic taxes." During his campaign, Trump pledged to uphold t...
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Morning Movers
Gapping up
$Gitlab (GTLB.US)$ Shares jumped 12.9% as the software-development platform uplifted its full-year outlook, driven by increased efforts from businesses to incorporate artificial intelligence and security features into their technology.
$United States Steel (X.US)$ Shares edged up by 0.5%, recovering after a significant drop in the previous session, amid reports that the company might close mills and pot...
Gapping up
$Gitlab (GTLB.US)$ Shares jumped 12.9% as the software-development platform uplifted its full-year outlook, driven by increased efforts from businesses to incorporate artificial intelligence and security features into their technology.
$United States Steel (X.US)$ Shares edged up by 0.5%, recovering after a significant drop in the previous session, amid reports that the company might close mills and pot...
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Columns US Stocks Plunge as Sept Kicks Off. What's Behind the Drop and How to Protect Your Portfolio?
Despite the market's widely accepted expectation of some seasonal weakness in the US stock market in September, investors were caught off guard by the sharp drop on the first trading day of September.
The $S&P 500 Index (.SPX.US)$ fell by over 2.1% on Tuesday, while the $Dow Jones Industrial Average (.DJI.US)$ dropped 1.5% and breached the 41,000-point mark, marking the largest single-day decline since the...
The $S&P 500 Index (.SPX.US)$ fell by over 2.1% on Tuesday, while the $Dow Jones Industrial Average (.DJI.US)$ dropped 1.5% and breached the 41,000-point mark, marking the largest single-day decline since the...
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The Biden administration is nearing completion of allocating $39 billion in grants under the CHIPS and Science Act, aimed at revitalizing the U.S. semiconductor industry.
However, the real challenges lie ahead.
1. The CHIPS Act, passed two years ago, is a bold attempt to bring advanced chip production back to the U.S., betting on Intel, Micron, TSMC, and Samsung.
The goal is to produce 20% of the world's most advanced processors by 2030, up fr...
However, the real challenges lie ahead.
1. The CHIPS Act, passed two years ago, is a bold attempt to bring advanced chip production back to the U.S., betting on Intel, Micron, TSMC, and Samsung.
The goal is to produce 20% of the world's most advanced processors by 2030, up fr...
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With less than three months to go until Election Day, the race is tightening since Harris replaced Joe Biden as the Democratic nominee. Recent polls indicate Harris is pulling ahead of former President Donald Trump, prompting market interest in assets likely to benefit from her policy proposals.
Polls Show Harris Leading Trump
According to the latest polling by The New York Times and Siena College, Harris leads Trump by fo...
Polls Show Harris Leading Trump
According to the latest polling by The New York Times and Siena College, Harris leads Trump by fo...
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Republican presidential candidate Donald Trump announced last week that he will have "an important interview with Elon Musk" on Monday night, August 12th. Despite Musk's statement that the interview with Trump will be "unscripted with no limits on subject matter," there is much speculation on the topics that might be discussed during tonight's broadcast at 8 p.m.ET, as well as the potential impact on financial markets.
Book now to watch the live interview between Donald Trump and Elon Musk!
Book now to watch the live interview between Donald Trump and Elon Musk!