Shares of sales intelligence platform ZoomInfo fell 13.4% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%. The move was the first in a list of anticipated retaliatory measures that could have had investors really worried. The tariffs were also widely seen as a s
These US Defense Stocks Could Be Relatively Insulated Against Tariffs, Morgan Stanley Says
Defense companies that have kept U.S.-based supply chains for national security reasons could be relatively insulated from the impact of new tariffs, Morgan Stanley said Friday.
U.S. SEC Staff Clarifies That Some Crypto Stablecoins Aren't Securities
In its latest what's-not-a-security statement on digital assets, the Securities and Exchange Commission has added dollar-based stablecoins, but may snub Tether.
Tariffs are tanking tech stocks, so why is Microsoft escaping the worst of the bloodbath?
While most of the 'Magnificent 7' Big Tech stocks post double-digit percentage declines, Microsoft's enterprise-heavy, AI-driven business is faring decidedly better.
Michael Saylor offers $1M Bitcoin prediction — even as markets crash
Strategy founder Michael Saylor thinks “made in the USA” Bitcoin will be worth $1 million as the market crashes following President Trump’s tariffs war.
Trump's trade wars deepen as China retaliates and markets fall. Here's what to know
The trade wars launched by U.S. President Donald Trump have escalated to new heights. Just days after Trump unveiled sweeping new “reciprocal” tariffs on imports from around the world, China on Friday levied a retaliatory 34% tariff on all U.S. products starting April 10. Economists warn that the tariffs will raise the prices of products consumers buy each day — from the grocery aisle to car repairs.
Oil Sinks to Four-Year Low on OPEC Supply Boost, Tariff Turmoil
(Bloomberg) -- Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas.Most Read from BloombergHousing Agency Aims to Relocate Its DC HeadquartersMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fired Federal WorkersWhat Would ‘Transportation Abundance’ Look Like?London Clears Final Hurdle for More High-Speed Trains to Eu
BlackRock buys $66M in Bitcoin amid market crash
BlackRock acquired $66 million in Bitcoin on the second day of stock market rout following President Donald Trump’s Liberation Day announcement of tariffs.
Why Wynn Resorts (WYNN) Stock Is Down Today
Shares of luxury hotels and casino operator Wynn Resorts (NASDAQ:WYNN) fell 7.8% in the morning session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%.
Why Tesla (TSLA) Stock Is Falling Today
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 9.7% in the afternoon session after China imposed a 34% tariff on all U.S. imports amid escalating trade war tensions. This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%.