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…
US President Donald Trump on Friday threatened a “massive increase” in tariffs on Chinese imports after Beijing’s expansion of…
European equities fell sharply on Friday as renewed US-China tensions rattled investors, while Venezuela’s María Corina Machado won the…
Friday brought fresh developments on the US-China trade front, the federal workforce, and tech regulation.President Trump threatened steep tariffs…
Activist investor Elliott Management says PepsiCo’s (NASDAQ: PEP) North American beverage unit has underperformed Coca-Cola for years due to…
US markets fell hard on Friday after President Donald Trump threatened to impose a “massive increase of tariffs on…