Although the S&P 500 is down 3.3% over the past six months, Vimeo’s stock price has fallen further to $4.22, losing shareholders 13% of their capital. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
Trump’s Tariffs Aim to Create a New World Economic Order
His announcement stunned markets. It could also push countries—including the U.S.—to the brink of recession.
Trump’s hefty tariffs send stock markets falling
Stock markets across Asia-Pacific and Europe fell Thursday and US markets were also set to open lower after US President Donald Trump imposed tariffs on trading partners around the world, with many Asian countries taking the biggest hits.
3 Reasons Bitcoin Is Still the Smartest Long-Term Hold in Crypto
In a sector packed with assets that arrive on Monday and hit zero by Thursday, Bitcoin (CRYPTO: BTC) stands on its own as a cryptocurrency that's practically guaranteed to survive and possibly even thrive over the long term. One of the core pillars of Bitcoin's long-term investment thesis is that it's designed to maintain its purchasing power relative to fiat currencies. Fiat currencies are issued by governments.
Trump’s tariff shock rattles markets as investors fear global trade war
Global markets sank as Trump imposed sweeping new tariffs on top US trade partners, sparking fears of retaliatory moves and a global slowdown. Stocks tumbled, bonds rallied, the euro hit a six-month high, and oil prices slumped.View on euronews
Wall Street plunges as Trump tariffs trigger recession fears
(Reuters) -Heavyweight technology stocks led a broad selloff on Wall Street on Thursday after President Donald Trump's sweeping tariffs on major trade partners ignited fears of an all-out trade war and raised the risk of a global economic recession. Investors fled from risky assets, seeking the safety of government bonds after Trump slapped a 10% tariff on most goods imported into the United States and much higher levies on dozens of other countries. High-flying technology stocks, that have pushed Wall Street to record highs in recent years, suffered big declines on Thursday.
Traders seek refuge in Aussie consumer staples as US tariffs spark market fall
Shares of Australia's consumer staple companies rose on Thursday, driven by grocers Coles and Woolworths, as investors moved to safer bets after U.S. President Donald Trump's reciprocal tariffs sparked global market turmoil. Coles rose 2.1% to A$20.29 and Woolworths advanced 1.6% to A$30.02. President Trump's decision to impose a 10% tariff on most goods imported to the United States sent shockwaves globally, sparking fears of an escalating trade war and a hit to global economic growth.
UBS Wealth, Templeton See Chinese Stocks Braving Tariff Blow
(Bloomberg) -- Some of the world’s biggest money managers say Chinese stocks have the means to weather the tariff blitz unleashed by US President Donald Trump on the economy.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersWhat Frank Lloyd Wright Learned From the DesertChicago School District Agrees to Minimum 16% Teacher Pay RaiseFund m
US tech, retail stocks lead rout after Trump's tariff blow
(Reuters) -Megacap U.S. tech companies including Apple and retail giants Walmart and Nike led a global market meltdown as President Donald Trump's sweeping new tariffs heightened fears of a spike in costs across a wide range of industries. The tariffs, which threaten to destabilize the world trade order and unsettle businesses, mark a sharp reversal from just a few months ago when hopes of business-friendly policies under the Trump administration pushed U.S. stocks to record highs. Trump said he would impose a 10% baseline tariff on all imports to the United States and higher duties on dozens of other countries, pushing U.S. tariffs to the highest in more than a century, according to Fitch Ratings.
Oil Declines as Trump’s Wide-Ranging Tariffs Threaten Demand
(Bloomberg) -- Oil fell after US President Donald Trump rolled out stiff tariffs on major trading partners, including China and the European Union, that spared energy but ratcheted up a trade war that threatens global demand.Most Read from BloombergMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLondon Clears Final Hurdle for More High-Speed Trains to EuropeLocal Governments Vie for Fired Federal WorkersWhat Frank Lloyd Wright Learned From the DesertChicago School Dis