In the recent quarter, shares of Amazon.com Inc., Microsoft Corp., and Nvidia Corp. experienced declines following their earnings reports. Despite this, these tech giants remain highly favored by Wall Street analysts as they head into the third-quarter earnings season. Despite temporary setbacks, these companies are still considered top picks in the stock market.
Full Article
Trump’s Tariffs on Steel and Aluminum Take Effect
President Trump's sweeping tariffs on foreign steel and aluminum have gone into effect, impacting imports from all countries with a 25 percent levy. The move, supported by domestic steel and aluminum makers, is expected to raise costs for American manufacturers, potentially slowing the U.S. economy. The tariffs have escalated trade disputes with allies and led to threats of retaliation, creating uncertainty in global trade relations. Full Article
Read more