Trump, Wall Street and tariff
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Asian shares are mixed in cautious trading Friday after Wall Street closed at an all-time high with Delta Air Lines kicking off earnings season with a solid outlook for the rest of 2025, spurring an airline stock rally.
BlackRock, which manages around $10 trillion worth of assets for investors, spearheaded Wall Street’s campaign to bring a long-awaited spot bitcoin ETF to market in 2023, with a fleet of funds debuting in January 2024 that now hold 1.2 million bitcoin worth around $140 billion.
Wall Street indexes closed higher on Wednesday, led by the tech-heavy Nasdaq as Nvidia briefly reached a $4 trillion valuation, and Federal Reserve meeting minutes fueled hopes that inflation pressures from President Donald Trump's tariffs would not derail interest rate cuts this year.
Alphabet stock has taken a hit this year, but some Wall Street analysts see a buying opportunity.
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Stocks have clawed their way to another record high this week as investors continued to extend increasingly precarious bets on trade.
Today’s Forbes Daily features new Canada tariffs, Ferrero’s $3.1 billion Kellogg deal, bitcoin's all-time high, Grok is coming to Tesla vehicles and more.
Shares of Royal Caribbean Group were hovering just below record levels on Wednesday, after the new most bullish analyst on Wall Street said they still have a lot further to rally.
Goldman Sachs led a parade of Wall Street firms boosting their price targets on the biggest AI-focused stocks.
Kraft Heinz (NASDAQ:KHC) is reportedly breaking into two units to address sluggish sales in its processed foods division and unlock value as separate businesses. According to The Wall Street Journal,