Gold prices are soaring. Is it a good investment amid the stock selloff?
President Donald Trump’s tariffs sent stocks tumbling in recent weeks, but the uncertainty helped propel a different asset viewed as a safe haven: gold. The price of gold topped $3,000 per ounce for
Intel Stock Leads Nasdaq Gainers Amid Report of New CEO's Turnaround Plan
Intel stock surged Monday following a report on incoming CEO Lip-Bu Tan's plans to turn around the struggling chipmaker.
The market is not hearing what it wants to hear from Trump's economic team
Investors are hearing a lot these days from Trump economic officials such as Scott Bessent about tariffs and the benefits of a market correction and not as much about the push for tax cuts.
Tesla Stock Slides as Mizuho Trims Price Target on Weakening Demand
Tesla shares slid Monday as Mizuho analysts trimmed their price target for the stock, pointing to weakening demand and headwinds from China, amid tariff uncertainty.
Why SAIC (SAIC) Stock Is Up Today
Shares of government IT services provider Science Applications International Corporation (NASDAQ:SAIC) jumped 11.7% in the morning session after the company reported impressive fourth quarter 2024 (fi
Why Intel (INTC) Stock Is Up Today
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 8.5% in the afternoon session after a Reuters report revealed that the new CEO Lip-Bu Tan planned to introduce a series of measures to dri
Why Incyte (INCY) Stock Is Nosediving
Shares of biopharmaceutical company Incyte Corporation (NASDAQ:INCY) fell 15.2% in the pre-market session after the company released phase three trial data for a skin condition treatment, which fell b
Why Is American Eagle (AEO) Stock Rocketing Higher Today
Shares of young adult apparel retailer American Eagle Outfitters (NYSE:AEO) jumped 7.1% in the afternoon session after the company announced it would buy back up to $200m of its common stock. This rep
Warren Buffett is investing more money in Japan amid the recent selloff in the U.S. stock market
Berkshire Hathaway increased its holdings in Japan's five biggest trading houses after agreeing to gradually lift its holdings beyond 10%.
Yang Ming profit soars on Red Sea diversions, emerging Asia markets
Yang Ming Transport Corp. said the Red Sea crisis and emerging Asian markets helped profit soar by nearly $2 billion in 2024. The post Yang Ming profit soars on Red Sea diversions, emerging Asia marke