Tag: Bloomberg

US Federal Reserve holds rates steady amid tariff-induced uncertainty

Stocks
The US Federal Reserve concluded its May 2025 policy meeting by maintaining the key interest rates unchanged at 4.25%-4.5%, citing persistent economic uncertainty stemming from recent tariff escalations and mixed economic indicators.This decision aligns with...

EU prepares tariffs on Boeing jets as transatlantic aerospace trade tensions flare

Business
Aerospace companies are bracing for a potential escalation in trade tensions as the European Union prepares to target Boeing jets with retaliatory tariffs in response to existing US import duties on European goods, including Airbus...

Global Stocks Trade in Tight Range; Pound Weakens: Markets Wrap

Market
(Bloomberg) -- Global stocks traded in a tight range as investors searched for a clear direction amid lingering...

Tesla’s Retail Fans Buy the Stock at a Pace Never Seen Before

Market
(Bloomberg) -- Tesla Inc.’s stock is in a freefall. Its sales are plunging around the world. Even its...

Nvidia Plans Massive Outlay on US-Made Electronics, FT Says

Market
(Bloomberg) -- Nvidia Corp. aims to spend several hundred billion dollars to procure US-made chips and electronics over the next four...

Indonesia’s Wild Stock Moves Spark Fresh Investability Concerns

Market
(Bloomberg) -- It wasn’t supposed to unfold this way. Just over a year ago, optimism about Indonesia was...

European Stocks Rise Before German Spending Vote: Markets Wrap

Market
(Bloomberg) -- European stocks rose as investors prepared for the outcome of a German parliamentary vote on a...

US Stock Futures Drop; Oil Up on Red Sea Tensions: Markets Wrap

Market
(Bloomberg) -- US equity futures dropped after Treasury Secretary Scott Bessent dismissed recent declines as healthy, reinforcing the...

European Stocks Set for Gains; Dollar Strengthens: Markets Wrap

Market
(Bloomberg) -- European stocks were poised for a stronger open after President Donald Trump sought to reassure about...

Asian Stocks, European Share Futures Echo US Drop: Markets Wrap

Market
(Bloomberg) -- Asian stocks followed US equities lower as continual shifts in US President Donald Trump’s approach to tariffs...

Marvell Suffers Worst Drop Since 2001 on Disappointing Forecast

Market
(Bloomberg) -- Marvell Technology Inc. suffered the worst stock drop in more than two decades after its revenue forecast that fell short...

S&P 500 Sees Worst Selloff in 2025 as Bonds Climb: Markets Wrap

Market
(Bloomberg) -- More tepid economic news and a pledge by Donald Trump to push through tariffs on top trading...

Bitcoin Down 25% From All-Time High as Crypto Rout Worsens

Market
(Bloomberg) -- A rout in Bitcoin deepened on Friday as investors rushed to safe assets in the wake of...

Stocks Fall Sharply as Nvidia’s Selloff Tops 8%: Markets Wrap

Market
(Bloomberg) -- A selloff in the stock market’s most-influential group drove the Nasdaq 100 to its lowest level since...
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