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.
Despite initial fears of a recession, U.S. banks are experiencing a remarkable financial boom, with profits soaring and consumer spending remaining strong. Explore how market dynamics are shifting in favor of financial firms.
Bank of America posted mixed results for Q2, with earnings beating estimates at 89 cents per share but revenue missing expectations, leading to questions about future growth amid changing interest rates.
Samsung's TM Roh reveals a surprising strategy: the company is willing to absorb costs on its new foldable smartphones to boost shipments. Despite rising production expenses, Samsung is keeping prices down to enhance market penetration, especially against Huawei's growing dominance.
Lower U.S. Treasury yields are fueling a surge in risk assets, despite new tariffs announced by Trump on 14 countries. Analysts weigh in on how this affects the stock market and corporate profits.
Donald Trump's aggressive push into the cryptocurrency sector raises serious ethical questions as he profits from his ventures while in office. Critics are alarmed by potential foreign influence and regulatory favoritism, igniting a political firestorm.
Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.
In a groundbreaking move, President Trump has issued an executive order aimed at ending the price discrimination faced by American consumers in the pharmaceutical market. This order seeks to ensure that Americans pay the same low prices for medications as those in other developed nations, addressing the long-standing issue of subsidizing global pharmaceutical profits.
A year after record profits, Toyota warns of a significant decline in operating profit due to currency fluctuations and tariffs imposed by the Trump administration. Discover how these factors are reshaping the auto industry!
The U.S. stock market has made a remarkable recovery following President Trump's unexpected tariffs. After a dramatic drop, the S&P 500 is back to its April levels, but uncertainty looms as companies adjust forecasts amidst turbulent trade policies.
