Some studies of Sarepta Therapeutics' muscular dystrophy drug, Elevidys, have been halted by European regulators after a patient taking it died.
Deloitte is planning layoffs after a federal crackdown on consulting contracts
Deloitte is bearing the brunt of the government's consulting crackdown — and its workers are next.
Global sell-off worsens and Dow Jones tumbles as China hits back at US
China announced retaliatory tariffs of 34% against the US on Wednesday, a move causing several US stocks to plunge, particularly those of firms with extensive ties to China.View on euronews
Retail’s new favorite beats Bitcoin, soars 490% this cycle
A new cryptocurrency seems to have found it sweet spot in retail traders' portfolio this cycle, beating Bitcoin.
Riot Platforms Hits Post-Halving Bitcoin Production High as It Expands AI Capacity
Feasibility study confirms Corsicana Facility’s potential for AI/HPC growth as Riot delivers strong mining performance in March 2025.
Retail investors buy stocks at largest level in 10 years, JPMorgan says
Retail investors bought $4.7 billion in stocks on Thursday, the highest level over the past decade, JPMorgan said in a note on Friday. The historic "buy-to-dip" move by retail investors included names such as Nvidia, Amazon and S&P exchange-traded funds, but they sold Tesla. Small-cap technology was one of individuals' favorite sector picks amid the meltdown, while institutional investors have increased their bets against the sector.
Wall Street now hates these 10 stocks because of Trump tariffs
Wall Street is wasting no time adjusting their views on certain stocks in the wake of bruising Trump tariffs.
Silver hits over eight-week low as market frets about industrial demand
Prices of silver dropped to over eight-week lows on Friday as concerns about demand for the industrial precious metal dominated sentiment due to recession fears stemming from U.S. President Donald Trump's slew of tariffs. Silver typically tends to move alongside gold, but industrial uses such as electronics and photovoltaics account for more than half of global demand, estimated at around 700.2 million troy ounces as of 2024, according to the Silver Institute industry association. At $31.00 an ounce, silver has dropped nearly 9% since Trump's latest tariffs announcements on Wednesday.
Nasdaq set to confirm bear market as tariffs threaten Big Tech growth
The Nasdaq looked set to confirm a bear market on Friday, down more than 20% from its record high, as China and the U.S. entered a tit-for-tat tariff war that raised recession fears and clouded the outlook for tech companies spearheading the AI revolution. The tech-heavy index, home to six trillion-dollar market cap companies, hit a record closing high of 20,173.89 on December 16, but has struggled since the start of the year. Fears of a potential slowdown in AI spending had pushed it into correction territory earlier last month.
Dow on correction path as China strikes back against US tariffs
A rout in global stocks continued as Beijing said it would slap additional tariffs of 34% on all U.S. goods, exacerbating worries that a trade war could stoke inflation, dent demand and tip the global economy into a recession. President Donald Trump imposed a 10% tariff on most goods imported into the U.S. earlier in the week and much higher levies on dozens of rivals, especially China.