Thousands of U.S.-bound packages shipped by UPS are trapped at hubs across the country, unable to clear the maze of new customs requirements imposed by the Trump administration. As packages flagged for customs issues pile up in UPS warehouses, the company told NBC News it has begun “disposing of” some…
Gold’s explosive rally has stunned markets this year. Spot and Comex gold have breached $4,000 an ounce for the first time, marking a more than 50% surge year-to-date – the strongest rally since the 1970s.Investor appetite is surging, with gold ETFs like SPDR seeing record inflows: $13 billion in the…
From a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines.President Trump slapped a 100% tariff on Chinese imports, Venezuela’s María Corina Machado won the 2025 Nobel Peace Prize, Israel and Hamas agreed to a fragile ceasefire, AMD partnered with OpenAI, and…
US homebuilder stocks remain in focus after an Evercore ISI analyst, Stephen Kim, downgraded six of them, citing near-term headwinds despite the sector posting robust profitability and capital returns.According to him, the policy shifts could hurt valuations. “It’s unfortunate for the homebuilders,” he told CNBC, pointing to government efforts that…
The geopolitical tensions flared up again on Sunday as at least 58 Pakistani soldiers are reported to be killed and dozens more injured following fierce overnight clashes along the contested Pakistan-Afghanistan border.This is the deadliest escalation in years between the two countries, and threatens to deepen instability in the region,…
Qualcomm CEO Cristiano Amon met with Indian Prime Minister Narendra Modi on Saturday, as the Asian country looks to ride the wave of the global AI boom.The meeting, which came on the sidelines of India Mobile Congress 2025, came as the Indian administration is looking for more partners in the…
From a new US-China trade flare-up to an unexpected Nobel twist, this week was packed with major global headlines.President Trump slapped a 100% tariff on Chinese imports, Venezuela’s María Corina Machado won the 2025 Nobel Peace Prize, Israel and Hamas agreed to a fragile ceasefire, AMD partnered with OpenAI, and…
US homebuilder stocks remain in focus after an Evercore ISI analyst, Stephen Kim, downgraded six of them, citing near-term headwinds despite the sector posting robust profitability and capital returns.According to him, the policy shifts could hurt valuations. “It’s unfortunate for the homebuilders,” he told CNBC, pointing to government efforts that…
The cryptocurrency market took a wild hit, as President Donald Trump’s sudden announcement of a 100% tariff on Chinese tech imports sparked a massive sell-off. This unexpected move dramatically escalated trade tensions, rattling investor confidence and triggering a heavy bloodbath across major cryptocurrencies. The shock sent prices tumbling, wiping out…
The earnings season will kick off this week and will be the main catalyst for the S&P 500, Nasdaq 100, and the Dow Jones indices as they will provide more information about the impact of Donald Trump’s tariffs on corporate America. This article provides a preview and the top things…