Quantum Computing Stocks Soar Wednesday as D-Wave Claims Breakthrough
D-Wave Quantum shares popped Wednesday, along with other quantum computing stocks, after the company claimed to achieve a breakthrough.
Many Americans see Trump's actions on economy as too erratic, Reuters/Ipsos poll finds
A majority of Americans believe President Donald Trump is being too “erratic” in his moves to shake up the U.S. economy, as his imposition of tariffs against some of the nation's top trading partners hammers stock markets, a new Reuters/Ipsos poll found. Some 57% of respondents, including one in three Republicans, said the president’s policies have been unsteady as his efforts to tax imports have set off a global trade war, according to the two-day poll that closed on Wednesday. Americans instead want Trump to continue to focus on combating high prices even as there are growing concerns his policies will drive costs up, not down, the poll found.
US stocks rally as inflation cools and euro holds four-month highs
US stocks rallied as February’s inflation data came in lower than expected, boosting hopes for Federal Reserve rate cuts later this year. The S&P 500 gained 0.7%, while the Nasdaq 100 jumped 1.5%. Meanwhile, the euro held at a four-month high.View on euronews
Larry Fink: ‘The economy is weakening as we speak’
Larry Fink, chief executive of BlackRock, the world’s largest asset manager, said Wednesday that the Trump administration’s barrage of policy changes is paralyzing American consumers and businesses — and that’s already hurting the economy.
Oil Buoyed as Bullish US Figures Ease Concern About Weak Demand
(Bloomberg) -- Oil extended gains as a stream of bullish data out of the US pointed to resilient domestic demand, even as trade strife continued to weigh on sentiment.Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsProspect Medical’s Pennsylvania Hospitals at Risk of ClosureWest Texas In
Porsche stock slides on profit forecast; company may 'pass' tariff costs on to customers
Porsche stock is sliding after the company cut a key profit target and said it may pass down tariff costs to its customers.
OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.
Is a freight market turn coming in May?
Amid uncertain demand, capacity continues to exit. The post Is a freight market turn coming in May? appeared first on FreightWaves.
Dogecoin, SHIB, PEPE are hot; Official Trump coin not so much
While the Official Trump (Trump) token lags behind trying to recover from its sharp drop, Dogecoin, SHIB, and PEPE rally as Bitcoin recovers.
Tariffs are causing a market meltdown—but some in the wealthy 1% see a chance to cash in
The ultrawealthy view the current market instability as a moment of recalibration.