In a shocking turn of events, Donald Trump and Elon Musk have publicly feuded, threatening the future of Tesla and SpaceX amidst a backdrop of political tension. Industry leaders weigh in on the potential fallout.
Wells Fargo is experiencing a significant turning point as the Federal Reserve lifts its $1.95 trillion asset cap, allowing for unprecedented growth opportunities. Analysts are predicting a surge in stock value, with optimism returning to investors.
Asia-Pacific markets soared following a tech rally led by Nvidia, with South Korea's stocks gaining sharply after Lee Jae-myung's presidential win. Analysts predict strong economic recovery ahead!
U.S. stock futures showed little change after consecutive gains in the S&P 500. While CrowdStrike shares fell on soft revenue guidance, Hewlett Packard's strong performance boosted investor confidence. Analysts weigh in on future market trends amid tariff uncertainties.
Wells Fargo's recent victory in lifting the asset cap imposed by the Fed signals a turnaround for the bank, allowing for expansion in key areas. CEO Charlie Scharf celebrates this pivotal milestone as shares rise 2.7% in after-hours trading.
Dollar General's shares jumped over 10% following a robust earnings report, revealing a shift in customer demographics as more middle- and higher-income shoppers flock to the discount retailer amidst tariff fears.
Asian shares saw a modest gain as investors eagerly await news on trade negotiations between Trump and Xi. Hong Kong stocks rebounded, while China shares fluctuated amid mixed manufacturing signals.
Elon Musk's first week away from the Department of Government Efficiency sees his companies, Neuralink and Tesla, achieving significant milestones despite previous leadership ties. A $650 million funding round for Neuralink and a 213% sales surge for Tesla in Norway mark a promising start.
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The stock market's turbulent start to 2025 has left Wall Street experts puzzled. Despite a strong May, the S&P 500 struggles, facing its worst year start since the 1950s. Discover what this means for investors.
