As U.S. markets opened on August 28, 2025, investors grappled with a mix of optimism and caution, driven by Nvidia’s post-earnings volatility, a robust U.S. GDP revision, and escalating trade tensions. The market displayed resilience, with the S&P 500 nearing record highs, but sectoral shifts and geopolitical concerns kept sentiment in check. Here’s a comprehensive … Read more
In a move that underscores Warren Buffett’s unwavering confidence in Japan’s economic resurgence, Berkshire Hathaway Inc. has elevated its ownership in Mitsubishi Corp. to 10.23%, crossing a key psychological threshold for the first time. This increase, executed through its wholly-owned subsidiary National Indemnity Company, boosts the stake from 9.74% and signals a continued expansion of … Read more
In a striking example of how artificial intelligence is reshaping industries, Duolingo, the language-learning app, announced on Wednesday that it surpassed its quarterly revenue expectations, projecting over $1 billion in revenue for 2025. This financial milestone comes amidst a polarizing shift toward an “AI-first” strategy, which has sparked both innovation and controversy. The company’s stock … Read more
Recent statements by U.S. President Donald Trump on May 15, 2025, during a business summit in Doha, Qatar, have reignited discussions about Apple Inc.’s global supply chain strategy. Trump claimed he urged Apple CEO Tim Cook to prioritize U.S. manufacturing over expanding production in India, citing Apple’s $500 billion investment in the U.S. and India’s … Read more
On April 9, 2025, China announced a significant escalation in its ongoing trade conflict with the United States, raising tariffs on U.S. goods to a staggering 84%. This move, reported widely across platforms like X and major news outlets such as Reuters and CNBC, comes as a direct retaliation to the U.S. imposing a 104% … Read more
The United States has escalated its trade policies by imposing a staggering 104% tariff on Chinese imports, effective April 9, 2025, alongside tariffs on other countries like Cambodia (49%), Vietnam (46%), and the EU (20%). This move, spearheaded by President Donald Trump, marks a significant intensification of the U.S.-China trade war and has sent shockwaves … Read more
Amazon and TikTok, two of the biggest players in e-commerce and social media, are moving closer toward deeper collaboration. As social commerce continues to reshape online shopping, TikTok and Amazon are leveraging their strengths to create a seamless shopping experience for users. With TikTok’s growing influence on consumer behavior and Amazon’s dominance in e-commerce, their … Read more
Tesla Inc. has recently experienced a sharp decline in its stock value, leaving investors anxious about the company’s future trajectory. On Monday, Tesla’s stock plunged 15.4%, adding to a series of recent losses. Although shares showed a modest recovery of 2.9% in premarket trading on Tuesday, the broader market’s volatility continues to cast uncertainty on … Read more
After more than eight decades of serving craft lovers and DIY enthusiasts, Joann Fabrics is officially closing all its remaining stores. The retail giant, known for its vast selection of fabrics, sewing supplies, and craft essentials, has announced a full shutdown following its second Chapter 11 bankruptcy filing within a year. The Rise and Fall … Read more
Nvidia, the dominant force in AI hardware, recently experienced a significant drop in its share price following the emergence of DeepSeek AI, a Chinese AI startup that demonstrated a revolutionary approach to AI model training. This market reaction has raised several questions: Why did DeepSeek’s breakthrough lead to Nvidia’s stock decline? What does this mean … Read more