The fashion world is buzzing with news from Abercrombie & Fitch. Despite a gloomy forecast due to tariffs, the company's shares skyrocketed. This unexpected reaction came after the retailer announced a significant drop in its profit outlook. Tariffs, particularly a 30% hit on imports from China and
Nvidia is gearing up to share its financial results for the first quarter of the fiscal year. This event is highly anticipated, as it will shed light on how the company is handling the tariffs introduced by former President Donald Trump. Additionally, investors are eager to see how Nvidia is faring
The stock market had a wild ride this week. On Tuesday, it surged, with the S&P 500 seeing its biggest jump in ages. This sudden boost came after President Trump decided to put a pause on a planned 50% tariff hike on European goods. This move was a big deal because just days earlier, Trump had threa
Nintendo has shared important details about the compatibility of Switch 1 games with the upcoming Switch 2. Some games will run smoothly, while others might have issues. A few games, like "Ring Fit Adventure, " will require the use of older Joy-Cons instead of the new Joy-Con 2. This is a good time
Trump Media & Technology Group has made a bold move. The firm is seeking to gather 2. 5 billion dollars from big investors. This money will be used to buy Bitcoin. This step shows that the company is shifting its focus from social media to financial services and cryptocurrency. The company plans
There was a significant rise in stock prices on Tuesday. This happened after Trump announced he was pushing back the deadline for imposing tariffs on the European Union. The S&P 500 index went up by about 2%. The Dow Jones Industrial Average saw a gain of 713 points, which is roughly 1. 7%. The Nasd
Salesforce has made a significant move to boost its artificial intelligence capabilities. The company is acquiring Informatica, a cloud data management firm, for a whopping $8 billion. This deal is all about giving Salesforce's AI a major upgrade. The company's shares saw a slight increase, while In
Apple's stock has been on a rough patch. It's been dropping for eight days straight. This downturn started after a certain political figure made some strong statements. He suggested that if Apple doesn't make iPhones in the U. S. , the company could face big tariffs. This news hit the stock hard, ca
The U. S. and EU have decided to postpone a planned 50% tariff on EU imports. This change came after a conversation between President Donald Trump and European Commission President Ursula von der Leyen. Trump mentioned that the delay was requested by von der Leyen. She wanted more time to negotia
The former US President Donald Trump has recently stirred the pot in international trade. He has threatened to impose a hefty 50% tariff on goods coming from the European Union. This move comes after he felt that the current trade talks were not going anywhere. He pointed out several issues with the
