News with the tag "economy"

Deutsche Bank has lowered its Tesla price target from $420 to $345, as new estimates show the company’s first-quarter delivery numbers are falling behind. The revision was issued by Edison Yu, who still maintains a buy rating on the stock despite the downgrade. Yu said the new target is 26% higher t...

Sen. Elizabeth Warren wrote to Howard Lutnick, the secretary of commerce, asking him to explain how the Trump administration plans to stop companies from using tariffs as an excuse to raise prices. According to Warren , there are times when tariffs are a smart way to help American businesses and cre...

President Donald Trump now says the tariffs he promised will not be fully reciprocal. On Tuesday, during an interview with Newsmax, the president said he’s leaning toward a softer approach. “I’ll probably be more lenient than reciprocal, because if I was reciprocal, that would be very tough for peop...

Retail traders just poured $8.1 billion into Tesla stock over 13 straight trading days. That’s not some random hype—it’s the biggest retail buying streak by dollar amount in more than ten years, according to JPMorgan. Emma Wu, a strategist there, said , “While this is not the longest consecutive str...

Nvidia CEO Jensen Huang tried to fix a mess he started. It didn’t work. His attempt to walk back his old comments about quantum computing ended up dragging down the same stocks he wanted to help. On Thursday, at the company’s first-ever Quantum Day, Huang said he didn’t mean it when he claimed quant...

The International Monetary Fund (IMF) has announced significant updates to its statistical standards, now including cryptocurrencies within the balance of payments framework. This move marks a crucial step in acknowledging the growing role of digital assets in the global economy. Recognizing the Gro...

Three major banks provide different outlooks for the S&P 500 index. JPMorgan highlights investor behavior as a key factor in market movements. Continue Reading: Leading Banks Share Predictions on S&P 500’s Path Forward The post Leading Banks Share Predictions on S&P 500’s Path Forward appeared first...

President Donald Trump said Friday that people who attack Tesla property should be sent to El Salvador to serve out their prison terms. He posted the statement on Truth Social, adding that those convicted of setting fire to Tesla cars or vandalizing the company’s locations could face up to 20 years ...

Cryptocurrencies face pressure from BTC price fluctuations. Trump's tariff discussions could impact the market positively. Continue Reading: Trump’s Tariff Talks Stir Up the Cryptocurrency Market The post Trump’s Tariff Talks Stir Up the Cryptocurrency Market appeared first on COINTURK NEWS .

Berkshire Hathaway just hit a new all-time high while Wall Street is drowning in fear. The company led by Warren is now outperforming almost every major index in 2025. In February alone, Berkshire Hathaway Class A shares jumped 10.3%, which was its best month since March 2022. And March isn’t slowin...