Cathie Wood says Trump’s tariffs could unlock tech and healthcare growth

President Donald Trump’s trade tariffs, announced in April, have sparked sharp reactions across global markets. While many interpret the move as protectionist, Cathie Wood, founder of ARK Investment Management, believes the policy shift may instead pave the way for more open and freer international trade. Speaking on Bloomberg Television on May 19, 2025, Wood suggested… Continue reading Cathie Wood says Trump’s tariffs could unlock tech and healthcare growth

Should Klarna IPO remain on watch list after sharp increase in Q1 loss?

Klarna is in focus this morning after reporting a rather steep year-on-year increase in its quarterly loss to $99 million. In Q1 of last year, the financial technology company had lost $47 million. Klarna’s first-quarter update arrives shortly after the buy now, pay later firm hit pause on its plans of going public in the… Continue reading Should Klarna IPO remain on watch list after sharp increase in Q1 loss?

Nvidia opens NVLink Fusion ecosystem, expands Taiwan AI footprint with Foxconn partnership

Nvidia has unveiled a major expansion to its AI hardware strategy with the launch of NVLink Fusion, a platform that allows third-party processors to work seamlessly alongside Nvidia GPUs. Previously restricted to Nvidia’s own chips, the NVLink interconnect technology will now support central processing units (CPUs) and application-specific integrated circuits (ASICs) from external vendors. The… Continue reading Nvidia opens NVLink Fusion ecosystem, expands Taiwan AI footprint with Foxconn partnership

Why this brokerage downgraded UnitedHealth’s rating to ‘hold’

Brokerage firm TD Cowen downgraded the recently under-fire UnitedHealth to a “hold” rating. The research firm also slashed the price target to $308 from $520. Why did the analysts downgrade UnitedHealth’s stock TD Cowen’s analyst, Ryan Langston, said the new V28 Medicare advantage model affects the company more than its competitors.  UnitedHealth’s higher risk adjustment… Continue reading Why this brokerage downgraded UnitedHealth’s rating to ‘hold’

US stocks slip in the red on Monday: Dow down 100 points, S&P drops 0.5%

US stocks fell sharply on Monday after Moody’s downgraded the country’s credit rating, triggering a surge in Treasury yields and renewed pressure on equity markets. The Dow Jones Industrial Average declined by 130 points, or 0.3%. The S&P 500 dropped 0.58%, while the Nasdaq Composite led the losses with a 0.74% slide. Moody’s cut the… Continue reading US stocks slip in the red on Monday: Dow down 100 points, S&P drops 0.5%

Trump’s plan to accept a jet as gift from Qatar sparks legal, ethical storm

The Trump administration’s plan to accept a lavish Boeing 747-8 aircraft from the royal family of Qatar has drawn fierce criticism from legal experts, lawmakers, and government watchdogs, who argue that such a transaction would raise profound ethical and constitutional concerns. If completed, the jet—reportedly worth around $400 million—would mark the largest foreign gift ever… Continue reading Trump’s plan to accept a jet as gift from Qatar sparks legal, ethical storm

Trump claims China will open markets to US businesses, ease trade barriers

President Donald Trump said Monday that China “agreed to open” its markets to American businesses, following a mutual agreement to reduce tariffs between the two nations. The temporary easing of trade restrictions is part of a 90-day deal aimed at de-escalating tensions between Washington and Beijing. Although Trump described the market access pledge as “maybe… Continue reading Trump claims China will open markets to US businesses, ease trade barriers

Tesla stock surges 6%: analyst sees more gains ahead

Tesla shares surged nearly 7% on Monday, outperforming broader market gains, as easing trade tensions between the US and China lifted investor sentiment and pushed the electric vehicle maker’s market capitalisation back above the $1 trillion mark. The stock surged over 6% at $318.80, helped by the progress in trade talks with Chinese officials in… Continue reading Tesla stock surges 6%: analyst sees more gains ahead

A 600% rally: How Bitcoin sent this healthcare stock soaring

Kindly MD Inc. (NASDAQ: KDLY) soared over 600% this morning after merging with Nakamoto Holdings, a Bitcoin investment firm founded by David Bailey in early 2025. Bailey is among the key personnel who are serving as crypto advisors to US President Donald Trump. The joint company, whose new name is yet to be announced, has… Continue reading A 600% rally: How Bitcoin sent this healthcare stock soaring