Summit Therapeutics Inc. (NASDAQ: SMMT) is experiencing a significant surge in its stock price, up 63% midday Monday, following the release of groundbreaking data from a key clinical trial. The stock, which closed at $12.27 on Friday, opened at $16 and has been...
Tesla Soars Past $1 Trillion as Musk-Trump Alliance Sparks Investor Optimism
In an impressive surge, Tesla Inc. (NASDAQ: TSLA) saw its stock price rise by more than 10% during afternoon trading on Friday, propelling the electric vehicle giant’s market capitalization past the $1 trillion mark. The rally comes amid growing optimism among...
Steve Madden Dashes to Ditch China Sourcing as Trump’s Tariffs Loom
As tensions between the U.S. and China escalate, with former President Donald Trump’s tariff plans looming large, Steve Madden (SHOO) is already making strategic moves to protect its business from potential trade disruptions. In a recent earnings call, executives at...
Trump’s Tariff Threat: More Bluster Than Biting, Says S&P
U.S. President Donald Trump's ambitious tariff proposal—calling for a universal 10% tariff on imports and a hefty 60% tariff on Chinese goods—may not be as severe as initially thought, according to a recent note from ratings agency S&P Global. The report suggests...