While U.S. President Donald Trump’s tariffs play out in U.S. courts, another one of his proposed laws could weaponize the American tax system. Investment banks and law firms warn this step could prove to be as significant as the impact of duties on investors. The “One Big Beautiful Bill Act,”…
Bitcoin remains stuck below $110,000 as the financial landscape maintains a cautious tone following the latest Fed updates.While most tokens experienced bearish price actions as sellers outweighed buyers, Zebec Network (ZBCN) and LIBRA bucked the trend with double-digit gains.ZBCN and LIBRA saw sharp gains of 45% and 81% in the…
Nvidia Corporation’s CEO, Jensen Huang, gave a warning about the growing prowess of Chinese AI competitors. Speaking at a recent event, Huang highlighted that Chinese companies are rapidly filling the void left by US firms in the Chinese market due to stringent export restrictions. This development signals a significant shift…
International stocks have outperformed their US counterparts in recent months – but a Jefferies analyst continues to favour the latter as they’re cheaper to own on an absolute basis.Steven DeSanctis expects the US dollar to remain weak in the back half of 2025, which he believes will benefit a bunch…
Nike Inc (NYSE: NKE) has been one big disappointment after another in recent years – and Josh Brown, a renowned investor and chief executive of Ritholtz has even lost conviction in its ability to recover.The sportswear and performance brand is scheduled to report its financials for the fourth quarter in…
Core inflation in Japan’s capital surged to a more than two-year high in May, primarily driven by persistent increases in food costs, according to data released on Friday. This development intensifies the pressure on the Bank of Japan (BOJ) to consider further interest rate hikes, even as separate figures revealed…
European stock markets commenced Friday’s trading session with a slight downturn, as a renewed wave of caution swept through investor sentiment following a US court’s decision to temporarily reinstate President Donald Trump’s widespread tariffs. Despite this immediate pressure, the benchmark pan-European index remained on track for a robust monthly gain.As…
Elon Musk is diving back into his companies, declaring a renewed, round-the-clock focus on Tesla, SpaceX and his AI venture xAI, just as each prepares for high-stakes moves that could shape their futures. On Wednesday evening, Musk announced he was stepping away from his role at the Department of Government…
A wave of caution swept across most Asia-Pacific financial markets on Friday, with major indices closing predominantly lower. Investor sentiment was dampened by a confluence of factors, including signs of a slowing US economy, persistent inflation fears, and renewed uncertainties stemming from the dramatic judicial developments surrounding US President Donald…
Paris Saint-Germain (PSG), one of the most valuable football clubs in the world, has officially confirmed that it holds Bitcoin on its balance sheet. The announcement, made during the Bitcoin 2025 conference in Las Vegas, marks the first time a global sports team has publicly declared a strategic Bitcoin treasury…