April 22, 2025
As Tesla shares struggle in 2025, short sellers pocket $11.5B in profits
Tesla shareholders have had a rough ride in 2025, with the stock tumbling a staggering 44% this year. Meanwhile, short sellers are laughing all the way to the bank, raking in a jaw-dropping $11.5 billion in mark-to-market profits, as per data from S3 Partners. That’s based on Tesla’s closing price of $227.50 on Monday. Tesla’s […]
April 22, 2025
‘Let us be the parents’: Supreme Court should let parents opt kids out of LGBTQ school lessons, lawyer argues
Counsel representing a coalition of parents fighting for the choice to opt their children out of LGBTQ-related curriculum says the case is about letting parents ‘be the parents.’ ‘We’re just saying if the school board is going to make that decision, let us have the chance to leave the classroom,’ Colten Stanberry, counsel at Becket […]
April 22, 2025
European stocks slide as trade fears, Trump’s Fed criticism dampen post-holiday mood
European financial markets returned from the extended Easter weekend to a climate of apprehension on Tuesday, opening lower as simmering worries about global trade tensions and US economic policy uncertainty cast a shadow over investor sentiment. The pan-European Stoxx 600 index reflected the cautious mood, shedding 0.5% by 8:27 a.m. London time. The pullback was […]
April 22, 2025
ZIM stock price forms a death cross as dividend risks rise
The ZIM stock price has remained in a technical bear market, declining by over 37% from its peak in December. It was trading at $12.95 on Monday, dragging its market cap from $3.26 billion to the current $1.56 billion. So, is ZIM a good buy as the World Container Index drops? Container shipping prices are […]
April 22, 2025
Best gold stocks and ETFs to buy as its price surges
Gold price has continued to surge this year, becoming the best-performing major asset. It has soared by almost 30% and is nearing the important resistance point at $3,500. Analysts have boosted their gold forecasts, with Goldman Sachs estimating that it will hit $3,700. Some pros anticipate that gold will hit as high as $4,000 this […]
April 22, 2025
Indian markets close: Sensex, Nifty log sixth straight gain; Banks, FMCG lead despite muted session
India’s benchmark equity indices, the Nifty 50 and Sensex, continued their upward march for a sixth consecutive session on Tuesday, April 22, though the day’s gains were notably more subdued compared to the robust advances seen earlier in the winning streak. Underlying market sentiment remained positive, however, driven by sector-specific catalysts and continued buying interest […]
April 22, 2025
Can reselling jets made for China to Asian airlines manage headwinds for Boeing? Here’s what experts say
As Beijing halts deliveries of Boeing’s US-made aircraft in response to new tariffs, Asian airlines are sensing an opportunity to expand their fleets, looking to snap up the planes being rejected by China. According to Bloomberg, Air India Ltd. is seeking to secure Boeing Co. aircraft initially designated for Chinese carriers, according to people familiar […]
April 22, 2025
Analysts are largely bullish on CoreWeave despite post-IPO struggles: read why
CoreWeave, the Nvidia-backed cloud computing company specialising in artificial intelligence infrastructure, received broadly positive analyst coverage this week despite having struggled to gain investor traction after its initial public offering (IPO). On Tuesday, the mandatory post-IPO quiet period for brokerages expired, allowing Wall Street analysts to begin issuing formal coverage of the stock. Five major […]
April 22, 2025
US stocks rebound on Tuesday: Dow up 400 points, Nasdaq surges 1%
US stocks rebounded Tuesday as traders attempted to claw back losses from a punishing start to the week. The Dow Jones Industrial Average rose 400 points, or 1%, while the S&P 500 and Nasdaq Composite gained 1% and 1.1%, respectively. The bounce followed a bruising Monday session, where the Dow shed over 970 points and […]
April 22, 2025
Tesla stock surges 4% ahead of Q1 earnings: what to expect
Tesla shares will be in focus today as the electric vehicle maker is set to release its first-quarter financial results after the US market closes. The company will post its earnings for the January–March period on Tuesday, April 22, 2025. Tesla management will host a live update and Q&A webcast at 4:30 pm Central Time […]
April 22, 2025
CRO price jumps 14% as Crypto.com seals crypto ETF deal with Trump Media
Crypto.com and Trump Media finalized the deal that enables the US President Donald Trump-linked firm to launch cryptocurrency exchange-traded funds (ETFs). The trading company will assist Trump Media in introducing ETFs that focus on cryptocurrencies and securities. According to the press release: The ETFs, made available through Crypto.com’s broker-dealer Foris Capital US LLC, are expected […]
April 22, 2025
Brazil’s Ibovespa dips amid global market turmoil and Trump’s threats to the Fed
Brazil’s benchmark stock index, the Ibovespa, fell 0.4% to below 129,300 points on Tuesday, after global markets turned pessimistic in response to recent signals about instability. According to Trading Economics, the retreat came a day after a tough day for Wall Street and major fresh anxieties over the future of US monetary policy, in response to […]