April has been a chaotic month for traders, marked by fluctuating markets and mixed messages about President Trump’s tariffs. Traditional safe-haven assets like gold and the US dollar struggled, leaving many investors confused about where to secure their money. Surprisingly, bitcoin emerged as a standout option. NYDIG Research noted that bitcoin is increasingly viewed as ...
Microsoft’s stock has faced challenges due to tariffs, but its upcoming earnings report set for April 30 has high expectations. The company is projected to earn $3.22 per share on $68.44 billion in revenue, both numbers higher than previous quarters. Microsoft CEO Satya Nadella emphasizes the growing importance of AI, noting significant revenue increases in ...
Bitcoin has seen a significant rise, gaining 2.4% to reach around $93,660, following a broader Market rally sparked by President Trump’s eased stance on China tariffs and Federal Reserve Chair Jerome Powell. This surge marks its highest level since early March, with the cryptocurrency recovering a substantial portion of its losses this year. Analysts attribute ...
On April 2, President Trump announced new tariffs on imported goods, raising concerns about a potential global trade war and causing the stock Market to decline. The S&P 500 is down 14%, and tech stocks, like Microsoft, are hurting even more, with an 18% drop. However, this could be a buying opportunity for investors, especially ...
Bitcoin’s price has soared from $16,625 at the start of 2023 to nearly $85,000 today, reflecting a remarkable increase of over 400% in just two years. Despite a recent dip, many investors believe Bitcoin could act as a safe-haven asset amid global economic uncertainties, similar to “digital gold.” There’s also discussion about using new tariff ...
In a recent statement, Donald Trump expressed his frustration with Federal Reserve Chairman Jerome Powell, indicating that he could swiftly remove him if necessary. Trump’s anger stems from Powell’s refusal to lower interest rates quickly, which he believes would help the economy and improve consumer confidence. This criticism comes amid a broader concern over economic ...
The recent simultaneous sell-off of the American dollar, US bonds, and stock markets is a rare event not seen since the late 1970s, raising concerns about the stability of the US economy. Jerome Powell, chair of the Federal Reserve, pointed out that the tariffs implemented during the Trump administration are larger than anticipated, which could ...
The stock Market continues to struggle following the Trump administration’s turbulent implementation of tariffs, exacerbated by the Federal Reserve’s grim economic forecasts. During a recent speech, Fed Chairman Jerome Powell highlighted the uncertain impacts of these tariffs, suggesting they could lead to higher inflation and slower growth. As a result, major indices fell sharply, including ...
The stock Market continues to struggle following the chaotic rollout of tariffs by the Trump administration, as the Federal Reserve expressed concerns about the uncertain economic impact of these policies. In a recent speech, Fed Chairman Jerome Powell highlighted that anticipated tariff increases could lead to higher inflation and slower growth. This news resulted in ...
On Wednesday, US stocks dropped sharply after Federal Reserve Chair Jerome Powell warned that President Donald Trump’s tariffs could have significant and uncertain effects on the economy. The Dow fell 700 points, while the S&P 500 and Nasdaq saw even larger declines. Powell noted that the impact of the larger-than-expected tariff increases could lead to ...
