Catenaa, Monday, April 28, 2025- US Treasury Secretary Scott Bessent said it’s “up to China” to de-escalate trade tension with the US as the Trump administration sends mixed signals on relations with China. Bessent said in an interview with CNBC on Monday it’s “up to China” to de-escalate. “As I’ve repeatedly said, I believe it’s […]

Catenaa, Thursday, May 08, 2025- Boeing shares gained on Thursday after the UK announced a $10 billion purchase of Boeing planes as part of a private sector deal following the UK-US trade deal. US Commerce Secretary Howard Lutnick announced at White House that the UK will purchase $10 billions of Boeing planes, though the details were […]

Catenna, Monday, March 17. 2025- D-Wave Quantum shares continued its run on Monday, following last week’s announcement that its quantum computer bested a supercomputer in a special task. D-Wave said in a press release last Wednesday announcing the publication of “a scientific breakthrough” in the journal science that its “annealing quantum computer outperformed one of […]

Catenaa, Thursday, April 24, 2025- US Federal Reserve sees no urgency in changing policy rates and seeks more clarity to determine the impact of Trump’s tariffs on the economy. Federal Reserve Governor Christopher Waller said in a Bloomberg interview on Thursday that given the tempo at which the Trump administration’s import taxes shift, it wouldn’t […]

Catenaa, Monday, March 03, 2025- Goldman Sachs says any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy as earnings growth for the year is revised to 9% from 11%. In a note on Monday, Goldman Sachs Strategist David Kostin said investor exposure declined last week as the […]

Catenaa, Tuesday, June 03, 2025- Alphabet stock could drop between 15% and 25% if US District Judge Amit Mehta orders Google to sell off its Chrome browser, Barclays said. Barclays analyst Ross Sandler wrote in a Monday note that “the probability of a Chrome divestiture, while low, has increased in our view,” following the closing […]

Catenaa, Friday, April 25, 2025- Intel Corporation posted a revenue of $12.7 billion, flat year-over-year in the first quarter, and offers a gloomy outlook for the next quarter with reduced revenue expectation. Intel on Thursday said that its first quarter earnings per share was recorded at $0.13 beating market estimate of $0.12. The chipmaker forecasts […]

Catenaa, Wednesday, June 04, 2025– Palantir Technologies’ rally shows no sign of letting up, with the stock gaining 71% so far in the year as investors remain captivated by its artificial intelligence promise. Shares of the data-analysis software company closed at a record for a third consecutive day Tuesday, but were down by 3.4% on […]

Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]

Catenaa, Wednesday, May 14, 2025– Tencent Music’s share jumped over 14% on Wednesday after it posted a net profit gain of over 22% year over year, driven by online music services. The Chinese Music giant recorded a total revenue of $1.01 billion, representing an 8.7% year-over-year increase, primarily due to strong year-over-year revenue growth from […]

Catenaa, Monday, June 09, 2025- Tesla stock was hit by two downgrades on Monday as analysts claim Elon Musk’s electric-vehicle company is facing a highly uncertain political outlook. “Looking ahead, we are concerned that the war of words between President Trump and Elon Musk, along with expiration of EV credits, could further weaken demand for […]

Catenaa, Wednesday, February 26, 2025- Tesla lost its $1 trillion market cap on Tuesday, as news of its vehicle sales falling 45% in January pushed its stock prices down 8%. European Automobile Manufacturers’ Association said Tesla sold 9,945 vehicles in Europe in January, a 45% fall from the same period one year ago, as Tesla’s share of […]

Catenaa, Thursday, June 05, 2025- Tesla shares dropped by over 10% on Thursday as US President Donald Trump and Elon Musk feuded over the tax bill. “I’m very disappointed, because Elon knew the inner workings of this bill better than almost anybody sitting here, better than you people,” Trump said to reporters in the Oval […]

Catenaa, Monday, May 12, 2025- US stocks such as Tesla and Nvidia, which were battered by the trade war between Trump and China, were trading higher on Monday after talks reduced tariffs. Two days of trade talks between the US and China have led to a 90-day pause on tariffs, with duties set to drop […]

Catenaa, Friday, May 30, 2025- US President Donald Trump accused China on Friday, saying that China had “violated” its trade deal with the US, which pushed stocks down amid fears of re-escalating trade tensions. “China was in big trouble two weeks ago” due to the high tariffs set by the US, Trump said in Truth […]

Catenaa, Friday, June 06, 2025- US economy added 139,000 jobs in May as the labor market stays resilient despite economic uncertainty around President Trump’s tariffs. Total nonfarm payroll employment increased by 139,000 in May, and the unemployment rate was unchanged at 4.2%, the Bureau of Labor Statistics reported on Friday.  Employment continued to trend up […]

Catenaa, Monday, June 16, 2025- Stocks of newly listed public companies are surging in their first sessions at the fastest pace since 2021, a Bloomberg report said on Monday, as investors’ appetite increases for US stocks. Data compiled by Bloomberg, with conservative cable channel Newsmax Inc.’s wild 735% opening gain in March, following its $75 […]

Catenaa, Monday, June 02, 2025- US stocks fell on Monday after China hit back at US President Trump’s claim that China had violated the trade deal they arrived at in Geneva. The Dow Jones Industrial Average fell over 0.7%, the S&P 500 declined nearly 0.6%, while the tech-heavy Nasdaq Composite ticked lower by about 0.1%. […]

Catenaa, Friday, June 13, 2025- US stocks fell on Friday as Israel’s attack on Iran’s nuclear facilities shook global markets, leading oil prices and gold prices to spike amidst uncertainty. The Dow Jones Industrial Average tumbled roughly 1.4%, the S&P 500 dropped 0.9%, while the Nasdaq Composite fell by 0.9%, as investors withdrew from riskier […]

Catenaa, Monday, May 19, 2025- US Stocks fell on Monday after Moody’s downgraded the US credit rating last week, causing Treasury yields to spike. The Dow Jones Industrial Average was down by 0.15% or 65 points, the S&P 500 was down by 0.4%, while the Nasdaq Composite shed 0.5%. On Friday, Moody’s downgraded the US […]

Catenaa, Monday, June 16, 2025- US stocks rebounded sharply on Monday after a selloff on Friday, amid a report that Tehran is looking to de-escalate the conflict with Israel. The Dow Jones Industrial Average rose roughly 1.1% %, while the S&P 500 also moved up 1.1%. The Nasdaq Composite gained 1.5%. The cautious optimism follows […]

Catenaa, Wednesday, April 23, 2025- US stocks were up across the board on Wednesday after President Trump said that he has no intention of firing Fed Chair Jerome Powell. Market also reacted to reports that Trump is considering slashing steep tariffs on China, even though Treasury Secretary Scott Bessent denied the claims and said that […]

Catenaa, Thursday, May 08, 2025- US announced its first trade deal since the announcement of reciprocal tariffs in April with the UK on Thursday, which looks to cut down on tariffs on cars, steel and aluminum. It’s a “tremendous trade deal for both countries,” Trump said Thursday in the Oval Office. “This is a fantastic, […]

Catenaa, Thursday, May 15, 2025- Walmart said that price hikes will have to come despite lowered China tariffs, the retailer said on Thursday, as it won’t be able to absorb all the price pressures. “We will do our best to keep our prices as low as possible but given the magnitude of the tariffs, even […]

Catenaa, Thursday, February 20, 2025 – Walmart global sales grew by 16% in 2024, the earnings report for the fourth quarter released on Thursday showed, as the e-commerce giant records more than expected profits FY2025. Walmart’s global e-commerce sales grew 16%, led by store-fulfilled pickup & delivery and the US marketplace, while growth was negatively affected by […]