Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
As Trump leverages record stock highs to justify aggressive tariffs, Wall Street faces uncertainty. Will the TACO trade hold, or is a market correction imminent? Discover the latest insights on tariffs and the economy.
Consumer confidence took a significant hit in June 2025, with sharp declines in both current assessments and future expectations. This downturn raises questions about economic stability and potential recession risks.
US consumer sentiment has surged to its highest level since January 2024, with the preliminary June index showing significant improvement amid easing economic concerns and lower inflation expectations.
The announcement of price hikes by Walmart due to President Trump's tariffs has sent shockwaves through the retail industry, raising concerns about inflation and consumer confidence. Experts warn this could set off a chain reaction affecting prices nationwide.
Target's CEO Brian Cornell warns of potential price hikes due to tariffs, citing a challenging retail environment and declining consumer confidence. Sales dropped 2.8% last quarter, prompting concerns over future performance.
The Federal Reserve is anticipated to maintain interest rates as President Trump's tariffs raise fears of inflation and slower economic growth. With rising import taxes and consumer confidence dipping, the Fed faces a challenging economic landscape.
Amazon's cloud arm, AWS, is on track for a multibillion-dollar revenue boost driven by AI, even as tariffs and trade tensions threaten its retail business. Investors are keenly watching AWS's performance against Microsoft Azure.
The U.S. economy has contracted, raising fears of a recession amid plummeting consumer confidence and market declines. Protests loom against the Trump administration, while international tensions escalate in Kashmir and Ukraine.
McDonald’s reports a surprising 1% drop in global same-store sales, driven by economic uncertainty and weak consumer confidence. The U.S. market saw a 3.6% decline, the worst since 2020, prompting the chain to expand its value menu.
