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Nvidia's profit report next week could steer the U.S. stock market's course, as investors seek confirmation that the AI-driven investment trend, which has powered equities for two years, is intact after last month's panic-selling triggered by the Chinese startup DeepSeek.
Clouds and vertigo have tempered the S&P 500's new all-time highs in the form of heavy tariff threats, brewing discontent from trading partners and political allies, and a growing apprehension that inflation’s reacceleration — just barely under control — will only get worse.
President Donald Trump said on Tuesday that he plans to impose tariffs of around 25% on auto imports as well as semiconductors and pharmaceuticals shipped to the United States as early as April 2.
Global stocks rose, with Wall Street set for gains, as Russian and US officials met to negotiate an end to the three-year war in Ukraine.
Coinbase cashed in for the final quarter of 2024. Shares of the exchange fell slightly to $295.18 each in pre-market trading on Friday, despite a better-than-expected earnings report the night before. The pullback in the stock likely reflects its mixed guidance for the first quarter, where an increase in marketing spending could bring a sequential step-down in profit margins.
Elon Musk says he is prepared to drop his attempt to buy OpenAI if the ChatGPT maker maintains its unusual current structure in which the world’s leading and most valuable AI company is operated by a nonprofit.