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Tesla And Apple Chip Supplier STMicro Plans Major Restructuring, 2,800 Jobs Set To Exit By 2027
STMicroelectronics plans to reshape its global manufacturing footprint, prioritizing investments in future-ready infrastructure, digital technologies, and complementary ecosystems. read more
BlackRock’s Bold Quarter: EPS Tops, $11.6 Trillion AUM, $84 Billion Inflows Power Growth
BlackRock, Inc. (NYSE:BLK) stock is trading higher after reporting first-quarter 2025 results, with revenue growing 12% YoY to $5.28B. read more
‘Economy Is Facing Considerable Turbulence:’ JPMorgan Chase CEO Jamie Dimon Cautions About ‘Negatives Of Tariffs And Trade Wars’
JPMorgan Chase & Co. (NYSE: JPM) reported higher revenue and net income in their Q1 FY24 results, beating consensus estimates and seeing growth in multiple sectors. read more
Bill Ackman Blames ‘Forced Selling’ By Leveraged Traders For Market Chaos: Investors Are ‘Reading Too Much Into Short-Term Market Movements’
Bill Ackman attributes the dramatic volatility across rates, currencies, and equities to “forced selling” by leveraged market participants. read more
Trump Signs Landmark Crypto Law, Repeals Biden-Era IRS Rule Targeting DeFi Platforms
Trump overturns IRS rule on DeFi platforms, marking first crypto-related legislative action by a U.S. president. Bipartisan support for reversal. read more
Wells Fargo Doesn’t Change Outlook But CEO Expects Volatility And Slower Economic Environment In 2025
Wells Fargo Q1 2025 earnings beat estimates with $1.39 EPS and $4.89 billion net income, driven by fee-based growth despite lower interest income. read more
As Apple Sheds Over $500 Billion In Market Cap Since Trump’s ‘Liberation Day,’ Top Analysts Weigh In On Its Path Ahead
Amid the ongoing trade war between the U.S. and China, Apple Inc. (NASDAQ: AAPL) is grappling with potential setbacks, according to industry experts. read more
Gold Soars Beyond $3,200, ETFs Achieve Record Inflows In Q1
Gold prices hit record high of $3,200/oz as investors flock to the safe haven amidst economic instability, trade tensions, and falling bond yields. Latest Ratings for GLD Date Firm Action From To Apr 2013 Oracle Investment Research Initiates Coverage On Strong Buy Apr 2013 Oracle Investment Research Initiates Coverage On Strong Buy View More Analyst…