Sarah Silbiger / Getty Images Shares of Aldeyra Therapeutics slumped nearly 75% to a record low on Thursday. The FDA told the drugmaker in a letter that its drug submitted to treat dry eye disease has not proven its effectiveness …
Why Wall Street fears that Trump’s Liberation Day tariffs just sent the S&P 500 into a ‘growth scare’
President Trump has liberated Mr. Market, and the beast looks keen to blast through a key technical level on the S&P 500 (^GSPC). In a “Liberation Day” spectacle at the White House, Trump uncorked a baseline tariff rate of 10% …
CSCO) In The Context Of Other IT Services & Other Tech Stocks
Unpacking Q4 Earnings: Cisco (NASDAQ:CSCO) In The Context Of Other IT Services & Other Tech Stocks Let’s dig into the relative performance of Cisco (NASDAQ:CSCO) and its peers as we unravel the now-completed Q4 it services & other tech earnings …
Apple Leads Magnificent 7 Stocks Lower as ‘Higher Than Expected’ Trump Tariffs Land
Annice Lyn / Getty Images The Magnificent Seven stocks all fell after Trump unveiled sweeping tariffs Wednesday evening. Apple shares have fallen the most. It has a big manufacturing presence in China, which was hit with a 34% import tax. …
Bitcoin Nears Death Cross, Yuan Tumbles With Asian Markets After Trump Tariffs Put Focus on China’s Response
It’s a risk-off day in Asia as traders look to Beijing’s response to U.S. President Donald Trump’s sweeping reciprocal tariffs on China and other Asian nations. On Wednesday, Trump announced tariffs on imports from 180 nations, including trading partners identified …
Trump tariffs make Best Buy a big loser as Citi downgrades the stock
Best Buy (BBY) could be gearing up for a brutal holiday season as new tariffs from the Trump administration stand to raise the cost of computers, mobile phones, and other tech gear sold at the big box retailer. Citi analyst …