Stock Research

The United States has emerged as one of the largest hubs for Bitcoin mining globally, especially following China’s sweeping crackdown on crypto mining activities in 2021. The U.S. share of global Bitcoin mining surged from just 4.5% in 2020 to an impressive 37.8% by January 2022. Now, with former President Donald Trump’s pro-crypto stance and… Continue reading Interview: Trump family’s Bitcoin mining deal is a sign of industry legitimization and an ‘influencer endorsement,’ says GoMining CEO Mark Zalan

Wall Street closed sharply higher on Friday, capping a roller-coaster week, after the White House hinted it was open to reaching a trade agreement with China. A wave of renewed optimism sent the major indexes soaring, providing some relief after days of intense volatility. The S&P 500 jumped 1.8%, while the Dow Jones Industrial Average… Continue reading US stocks rebound as White House signals trade optimism with China

European markets closed out a turbulent week with modest losses on Friday, as the intensifying tariff standoff between the United States and China continued to rattle global investor sentiment. The pan-European Stoxx 600 index slipped 0.1%, retracing slightly after logging its strongest session since March 2022 on Thursday. The UK’s FTSE 100 rose 0.64% after… Continue reading European stocks wrap volatile week mixed: FTSE 100 inches higher, DAX dips

Tesla shares extended their losses on Friday, falling about 4% to trade around $242. The decline followed a 7.3% drop on Thursday, when the stock closed at $252.40. Tesla is now down over 35% year-to-date, marking the steepest decline among major technology firms. The broader market also opened lower on Friday, with the Dow Jones… Continue reading Why Tesla stock is sliding another 4% on Friday

US stocks slipped early on Friday as investors continued to react to the shifting landscape of global trade policy, capping one of the most volatile weeks for Wall Street in recent memory. The Dow Jones Industrial Average dropped 241 points, or 0.6%. The S&P 500 declined 0.4%, and the Nasdaq Composite eased 0.2%. The losses… Continue reading US stocks open lower: Dow down 240 points, S&P slips 0.4%

Nvidia shares rose Friday, recovering some ground after a sharp selloff in the previous session, as market volatility around tariffs remained the primary catalyst for the chipmaker’s stock. Shares gained 2.5% to trade at $110.26 on Friday, after falling 5.9% on Thursday. Broader markets, on the other hand, declined in early trade, with the Dow… Continue reading NVIDIA stock rebounds 2.5% on Friday as analysts remain bullish

Chinese e-commerce companies are stepping up to help the country’s exporters tap the domestic market as the US-China trade war intensifies with both countries levying dizzyingly high tariffs against each other’s imports. China’s e-commerce heavyweight JD.com announced on Friday it will set up a 200 billion yuan ($27.35 billion) fund to help domestic exporters pivot… Continue reading JD.com, Freshippo step up to support struggling Chinese exporters tap domestic market amid US-China tariff war

Consumer confidence in the United States has slumped to its weakest level in over ten years, undercut by escalating trade tensions and growing fears of inflation and job losses. The latest survey from the University of Michigan, released Friday, revealed that its closely watched consumer sentiment index dropped to 50.8 in April from 57 the… Continue reading US consumer sentiment plunges to lowest level in over a decade as trade tensions escalate

European stock markets opened with modest gains in early trade on Friday, as a turbulent week for shares neared its end. While positive momentum was present, underlying concerns about an escalating trade war between the US and China persisted, capping overall enthusiasm. The pan-European Stoxx 600 index opened up 0.4%, with the UK’s FTSE 100… Continue reading Europe market open: stocks inch up as trade war fears linger