by Lucas Shum | Feb 10, 2025 | Domestic, Economics, Politics, Stock Market
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...
by Lucas Shum | Feb 5, 2025 | Investing News, Market News, Stock Market, Technology
On Wednesday morning, Alphabet Inc. (GOOG) experienced an 8% drop in its stock price following the release of its fourth-quarter earnings report. Despite beating earnings per share (EPS) expectations and coming in roughly even on revenue, there were concerns over the...
by Lucas Shum | Dec 2, 2024 | Market News, Technology
Super Micro Computer Inc. (SMCI), a leading maker of high-performance servers, saw its stock price soar over 20% on Monday morning following a holiday weekend announcement that a recent independent review of the company’s business operations had found no evidence of...
by Lucas Shum | Nov 5, 2024 | Domestic, Economics, Events, Investing News, Market News, Politics, Stock Market
Shares of Trump Media and Technology Group (DJT), the parent company of Truth Social, surged dramatically on the morning of Election Day, rising by around 15% in early trading. This sharp uptick came as investors braced for the outcome of a highly anticipated...
by Lucas Shum | Sep 4, 2024 | Domestic, Economics, Investing News, Market News, Stock Market
Stocks are beginning to recover after a slight dip on Tuesday, which saw the S&P 500 and Nasdaq Composite each slip about 0.3%. The Dow Jones Industrial Average also fell, losing 55 points, or 0.15%. Despite the initial losses, the market showed signs of...
