Big Tech earnings kick off as tariff uncertainty continues to roil markets
Big Tech is preparing for its first earnings since Trump launched his global trade war.
Big Tech is preparing for its first earnings since Trump launched his global trade war.
Richard Fairbank said metrics indicate consumers are generally healthy, though some may be feeling more pressure.
Wall Street staged a sharp rebound Wednesday as easing trade tensions, potential tariff cuts on Chinese imports, and a more market-sensitive tone from the White House helped reverse the "sell America" trade.
Businesses in Germany and Britain produced less this month amid worries about US President Donald Trump’s near-universal tariffs, in another sign that the global damage from his import levies is adding up.
Shares of Philip Morris International set an all-time high Wednesday after the tobacco giant topped first-quarter estimates and lifted its full-year profit outlook.
President Trump and his team have been aggressive in touting ambitious efforts to strike trade deals. The claims helped spur a market boost but haven’t yet been backed with concrete signs of progress.
The tobacco giant raised profit guidance for the year, betting on the booming sales of the nicotine pouches.
Chip stocks including Nvidia and Broadcom rose sharply Wednesday, a day after President Donald Trump reportedly said the administration's tariffs on China "will come down substantially."
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Major altcoins have yet to achieve similar breakouts.