Chamath Palihapitiya believes US dollar's long-term decline is not concerning due to consistent demand for dollar-denominated assets offsetting depreciation.
A report by e-commerce analytics firm Momentum Commerce said Prime Day sales were down 14% in the first four hours compared to the same period last year.
Trump first announced sweeping tariffs on its trading partners in early April but subsequently suspended most of them, barring a 10% baseline rate and some sector-specific levies, for 90 days to allow time for bilateral negotiations.
Pharmaceutical investors are being cautious, with concerns over potential supply disruptions, cost pressures, and uncertainty regarding policy implementation.
“We don’t want wind, we don’t want solar, because they’re a blight on our country,” President Donald Trump said while answering a reporter’s question during a cabinet meeting in Washington.
Germany’s finance minister Lars Klingbeil on Tuesday warned that the European Union is ready to retaliate if needed, in case it fails to reach an agreement with President Trump on tariffs.
Bank of America analyst Savita Subramanian flagged slowing tech sector profit growth as a potential headwind, however, other analysts seem to be more bullish ahead of the earnings season.
As the CIO of Fundstrat Capital, Tom Lee doubles down on Ethereum (CRYPTO: ETH); however, Fred Krueger challenges this Ethereum-centric narrative, noting Solana's (CRYPTO: SOL) “rising do
