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Fund Managers Are Losing Faith In US Stocks, And LVMH Reported Worse-Than-Expected Sales

Bank of America’s latest survey showed that fund managers are losing faith in US stocks at a record pace, while LVMH reported worse-than-expected sal…

1 year, 6 months ago

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The US Is Sparing Phones And Laptops From Steep Tariffs, And Goldman Sachs Thinks Gold Could Reach $4,000

Central banks and panicked investors piled into gold, and Goldman Sachs says the precious metal could reach $4,000, while the US is sparing phones an…

1 year, 6 months ago

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JPMorgan And Morgan Stanley Made More Profit Than Expected, And Chinese Firm Shein Could Delay Its London IPO

JPMorgan and Morgan Stanley both made more profit than expected last quarter – but that didn’t stop the big banks from issuing harrowing predictions …

1 year, 6 months ago

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US Inflation Was Surprisingly Low In March, And TSMC’s Revenue Breezed Past Expectations

US inflation was surprisingly low in March – and with tariffs on pause, you can forgive investors for pinching themselves black and blue – while TSMC…

1 year, 6 months ago

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US Tariffs Were Put On Pause For All But China, While Investors Remain Spooked

The US president announced a 90-day pause on the start of tariffs – but only for countries that haven’t retaliated, while investors are still spooked…

1 year, 6 months ago

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The US President Threatened China With Even Higher Tariffs, And Firms Like Apple Stockpiled Goods Before Tariffs Took Hold

Firms like Apple rushed to fill planes of goods before tariffs took hold, while the US and China play chicken.

Today’s stories:

The US president threat…

1 year, 6 months ago

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Investors Pulled Trillions From US Stocks, And Major Funds Rushed To Sell Their Private Equity Investments

Investors pulled trillions out of stateside stocks, the American volatility index flashed red, and even the US president’s allies made their concerns…

1 year, 6 months ago

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The US Created More Jobs Than Expected, And OPEC+ Announced A Surprise Production Increase

The US created more jobs than expected in March – but if economists are right, that won’t be a trend for long – while OPEC+ announced a surprise prod…

1 year, 6 months ago

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The US President Announced Tariffs On Over 60 Countries, And American Tariffs Could Cut China’s Economic Growth In Half

The US president announced tariffs on over 60 countries, using math that has top-tier economists stumped – and, according to Citigroup, US tariffs co…

1 year, 6 months ago

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Tesla’s Sales Hit An Almost Three-Year Low, And Startups Worth A Collective $100 Billion Are Set To List In India

Tesla’s sales dropped to a nearly three-year low last quarter – and the EV maker can’t blame an industry-wide trend for this one – while startups wor…

1 year, 6 months ago

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