Point72 Asset Management's founder Steven Cohen said on Tuesday that he would expect the stock market to reach a peak soon amid inflation pressure and uncertainties around U.S. President Donald Trump's policies on tariffs and immigration. Trump has threatened to impose a universal tariff on foreign-imported goods and others aimed at specific sectors or countries, while on the immigration front he has launched a sweeping border crackdown. Such measures would "actually slow growth, not increase growth in 2025" and make it more difficult for the Federal Reserve to tackle inflation, Cohen said at the investment conference iConnection, in Miami.
Why DeepSeek's AI Model Has Wall Street Bullish on Software Stocks
Chinese startup DeepSeek’s super-efficient open-source AI model may have sunk some of Wall Street’s favorite AI stocks on Monday, but it may have also crowned some new favorites.
Where’s my refund? How to check your federal tax refund status.
Learn when you can expect your income tax refund, including how to check your refund status with the IRS.
US stocks, Nvidia recover slightly after China's DeepSeek AI brought steep losses
U.S. stocks recovered some ground on Tuesday after getting hammered by fears over China's DeepSeek AI model built on a shoestring budget.
Trump's Federal Funding Pause Threatens State Financials
(Bloomberg) -- President Donald Trump’s federal funding pause threatens more than $1 trillion that flows to states, cities and other local governments, putting everything from transit infrastructure to housing projects at risk.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials NYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineTexas HOA Charged With Discrimination for Banning Section 8 RentersHousing Aid Uncertain After Trump’s Spending Freeze MemoNewsom
Littelfuse’s (NASDAQ:LFUS) Q4 Sales Top Estimates
Electronic component provider Littelfuse (NASDAQ:LFUS) beat Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $529.5 million. The company expects next quarter’s revenue to be around $535 million, close to analysts’ estimates. Its non-GAAP profit of $2.04 per share was 1.1% below analysts’ consensus estimates.
Why DeepSeek is excellent news for the U.S. stock market
The broader accessibility of efficient AI models like DeepSeek will benefit the market as a whole.
‘People See the $100,000 mark on Bitcoin and get scared,' says Armando Pantoja
As Bitcoin crosses $108,000, experts argue that thinking in Satoshis could make the cryptocurrency more accessible to retail investors.
Dollar Jumps to Cement Place as Market’s Favorite Tariff Trade
(Bloomberg) -- The US dollar is once again showing off how it’s become a popular way to trade tariff threats, rallying after President Donald Trump said he favors imposing “much bigger” levies than had been suggested by one of his top officials.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersNYC Subway’s Most Dangerous Stations Are on Lexington Ave. LineNewsom Enlists Magic Johnson, Guggenheim CEO
China's new stealth fighter spooks Wall Street about Lockheed Martin's F-35
Wall Street analysts worry that new Chinese stealth aircraft could persuade the US to buy fewer of Lockheed Martin's F-35 stealth fighters.