Category: Uncategorized

Trump accounts are a ‘worthwhile investment for all Americans’: Charles Payne President Donald Trump, from the Oval Office, rings the NYSE and NASDAQ opening bells to launch tax-deferred ‘Trump Accounts’ for newborns. Fox Business host Charles Payne champions the initiative, stating it fosters entrepreneurial spirit and broadens stock market participation among Americans. This initiative aims…

OMAHA, Neb. (AP) — Billionaire Warren Buffett omitted Bill Gates ′ foundation from his annual donations this year after disclosures of the Microsoft co-founder’s ties to convicted sex offender Jeffrey Epstein. He will donate about $6 billion to four foundations connected to his own family, but did not mention Gates in his announcement Tuesday. Buffett…

The US government has already paid back tens of billions of dollars in tariffs it collected before the supreme court ruled them illegal, according to budget figures released on Monday. Tariffs – taxes on imported goods – have been a key part of Donald Trump’s economic plan since he took office again last year. In…

Morgan Stanley highlighted that Robotaxi and Optimus remain the primary long-term drivers for the stock. Wells Fargo expects Tesla to report in-line Q2 earnings per share despite its 18% Q2 delivery beat. Barclays analyst Dan Levy underscored that Tesla’s “core growth initiatives remain in focus.” Shares of EV maker Tesla Inc (TSLA) edged up marginally…

President Donald Trump sent Congress a formal notification that the U.S.-Iran war has resumed as Washington and Tehran trade fresh strikes over the Strait of Hormuz. The letter, dated July 10 and confirmed to TIME by a White House official on Tuesday, is seemingly viewed by the Trump Administration as the start of a new…

Iran’s embassy in the U.K. said Monday that the Islamic Republic had “established a temporary safe & secure maritime corridor, free of technical & military barriers” through the Strait of Hormuz, indicating a reopening of the crucial shipping lanes from Tehran’s perspective.  It was not clear if the embassy’s post on social media, in referring…

BlackRock’s IBIT was the main driver for bitcoin‘s comeback, adding $139 million, with Fidelity’s FBTC chipping in another $21 million. For ether, BlackRock’s ETHA accounted for all of Tuesday’s gains. Even with these rebounds, July has been a rollercoaster for crypto ETFs, with flows swinging wildly between highs and lows, reminding everyone just how unpredictable…

Key Points AI stocks have fueled the market’s overall gain over the past few years. But investors have become more cautious lately, amid concerns about the broader economic environment and the AI growth story. In recent years, when investors looked for major growth potential, they turned to artificial intelligence (AI) stocks. These players have driven…

There’s an unnerving level of confidence in a summer rally, according to Bank of America Securities. Bank of America’s latest bull and bear indicator flashed a reading of 9.4, an extremely bullish level that reflects investor optimism that an improving macroeconomic backdrop — strong artificial intelligence spending, a dovish Federal Reserve — is about to…