Musk calls Trump’s trade adviser Navarro ‘truly a moron’ and ‘dumber than a sack of bricks’ over tariff row

Tesla CEO Elon Musk has reignited tensions with the Trump administration, publicly mocking senior trade adviser Peter Navarro amid a fierce debate over US trade tariffs. Musk slammed Navarro as “truly a moron” and “dumber than a sack of bricks” after the adviser criticized Tesla’s manufacturing practices during a television interview. The clash erupted after […]

Why Netflix may emerge as a trade war survivor

As trade tensions escalate, Netflix (NFLX) appears to be one of the rare American tech giants with a cushion against severe fallout. While many firms brace for heavy blows, the streaming platform’s global integration and reliance on local content may offer it a protective shield in the storm of tariffs and retaliatory measures, an analysis […]

US confirms 104% tariffs on Chinese imports effective April 9: ‘Additional tariff will be collected starting tomorrow’

The US–China trade tensions took a major turn on Monday as the White House confirmed a sweeping 104% tariff on selected Chinese imports, escalating an already volatile standoff between the world’s two largest economies. According to Fox Business reporter Edward Lawrence, White House Press Secretary Karine Jean-Pierre announced that the new tariff measures would take […]

Trade war could push S&P 500 down further to this level

US stocks are struggling to find a floor after President Trump announced retaliatory, or what some would call punitive, tariffs on dozens of countries on April 2nd. Financial markets from all over the world are reacting negatively to Trump’s tariffs as the related disruption to the global supply chain could lead to a broad-based recession.  […]

Hedera price jumps 10% on rumored Nvidia AI integration

Earlier today, the Hedera price rose sharply following the speculation of a potential integration with Nvidia’s cutting-edge AI ecosystem, which has energized traders and market watchers alike. The market reaction was emphatic, with HBAR climbing approximately 10.3% within minutes amid a broader recovery in the cryptocurrency space after a recent market downturn following President Donald […]