Uncategorized
Apple, Amazon, Nvidia Rise In Monday Premarket As US, China Agree To 90-Day Tariff Truce: ‘Neither Side Wants A Decoupling’
On Monday, U.S. and China have agreed to a temporary reduction in most tariffs on each other’s goods, marking a considerable easing of trade tensions. read more
Ross Gerber Calls Google-Backed Waymo’s Self-Driving Taxis ‘Better Than A Human,’ Says They’re ‘Tough Competition’ For Uber And Tesla
Prominent investor Ross Gerber recently shared that, in his view, Alphabet’s Waymo self-driving technology performs better than human drivers—hinting at growing pressure on ride-sharing and autonomous vehicle rivals. read more
Economists Warn Of ‘Empty Shelves’ If Goods Stop Coming From China Amid Falling Inventory-To-Sales Ratio And Potential Tariffs
Economists predict that US retailers face pressure of having “empty shelves” with a falling inventory-to-sales ratio amid China tariffs. read more
Trump’s New Drug Pricing Executive Order Could Rattle Pharma Stocks, With Price Cuts Of Up To 80%: Novo Nordisk, Pfizer And J&J Fall In Premarket
What Happened: On Sunday, President Donald Trump announced on Truth Social that he plans to sign what he called the “most consequential executive order” in U.S. history, aimed at lowering prescription drug prices. read more
Trump’s Millionaire Tax More Of A Symbolic Gesture Than Step Towards Reducing Inequality, Warn Experts: ‘It’s Going To Give A Lot Of Republicans Heartburn’
President Donald Trump’s proposed millionaire tax, which aims to increase the tax rate on income over $2.5 million, is being seen as largely symbolic and unlikely to significantly impact revenue or inequality by experts. read more
Alibaba Asserts Chinese Tech Dominance, Vows Major AI Focus In Next 3-5 Years: ‘We Have The Upper Hand In The Trade War’
Alibaba Group Holding’s (NYSE: BABA) Chairman, Joe Tsai, has announced the tech giant plans to integrate artificial intelligence (AI) into its operations within the next three to five years. read more
Top Bull Gary Black Shares Why He Is Holding On To UBER And TSLA: ‘Our investment Thesis On…’
Gary Black predicts increased EV adoption and growth in autonomous driving will benefit both Tesla and Uber. read more