Choppy markets show investors gulping down developments on tariffs and the sluggish U.S. dollar
The current tariff reprieve in the tech sector is likely temporary, said Eric Compton, director of equity research for the sector at Morningstar.
The current tariff reprieve in the tech sector is likely temporary, said Eric Compton, director of equity research for the sector at Morningstar.
Bank of America analysts gave the snack and beverage giant a 'neutral' rating Tuesday and slashed their price target.
Apple (NASDAQ:AAPL): iPhone and iPad maker Apple (NASDAQ:AAPL) rose by 6.5% on Monday after reports indicated that smartphones, computers, and a wide range of tech devices and components would be exempt from the reciprocal tariffs on U.S. imports announced on April 2, 2025. See our full article here.
Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now.
Hewlett Packard Enterprise shares surged Tuesday following reports activist investor Elliott Investment Management built a $1.5 billion stake in the server maker.
When Brazil hiked trade barriers in its auto market over a decade ago, the government promised more local manufacturing, reliable jobs and better cars. As the U.S. auto industry confronts major tariffs imposed by President Donald Trump, executives and analysts are drawing parallels with Brazil, once the world's fourth-largest auto market and now a case study in the dangers of protectionism. Philipp Schiemer, former head of Mercedes-Benz in Brazil and Latin America, learned some of those lessons the hard way as he opened a plant in Sao Paulo making luxury cars, which was shut down in 2020.
Shares of major U.S. banks are surging Tuesday, after Bank of America and Citigroup became the latest lenders to report better-than-expected quarterly earnings on the back of a stock trading boom.
Analysts at Oppenheimer and Bank of America reiterate bullish outlooks on the streaming stock ahead of earnings expected later this week.
Shares of Palantir Technologies rose for a second consecutive session Tuesday following news that NATO acquired the analytics software provider's AI-enabled military system.
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 13.4% in the pre-market session after ON Semiconductor withdrew its proposal to acquire the company. ON Semiconductor added that there was "no actionable path forward."