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Google Faces £5 Billion Class Action Lawsuit In UK Over Alleged Abuse Of ‘Near-Total Dominance’ In Online Search
April 16, 2025
The lawsuit was filed by academic Or Brook with the U.K. Competition Appeal Tribunal, claiming that Google restricted competing search engines using its market dominance.
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US Retail Sales Beat Expectations In March With 1.4% Gain: Economist Calls Them Blowout Numbers
April 16, 2025
According to a CNBC report, the figure came in better than the 1.2% estimated by Dow Jones.
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The Dividend ETF That Just Woke Up And Why Investors Are Watching Closely
April 16, 2025
SCHD ETF saw a surprise midday rally on April 9, up 5.39% and remaining elevated despite a 1.7% dip. Market observers suspect a value stock rotation.
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China’s Xi Pushes For Asian Unity Against US Tariffs – Trump Claims It’s A Plan To ‘Screw The US’
April 16, 2025
During his visit to Malaysia, Chinese President Xi Jinping warned against “geopolitical and camp-based confrontation” and called on Asia-Pacific nations to resist “unilateralism and protectionism.”
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Low-Volatility Strategy Is 2025’s Upside Outlier For Equity Factors
April 16, 2025
Standing alone among US equity factors this year, the low-volatility strategy is holding on to a modest gain year to date.
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California Governor Gavin Newsom Takes Trump Administration To Court Over ‘Destructive Tariffs’
April 16, 2025
California intends to file the lawsuit Wednesday in the San Francisco federal court to block the Trump administration from imposing reciprocal tariffs.
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Bitcoin Strengthens As $93K Target Looms; Trump Launches Minerals Probe Amid China Tensions; Gold Tops $3,300, Barrick Signals Bullish Momentum – Top Headlines While The U.S. Slept
April 16, 2025
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Trump Orders Tariff Probe On Critical Minerals, Escalating US-China Trade War Tensions
April 16, 2025
Trump’s order said the U.S. reliance on imported critical minerals “raises the potential for risks to national security, defense readiness, price stability, and economic prosperity.”
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Trump Tariffs: Treasury Secretary Scott Bessent Says There Will Be 'Clarity' On Levies Over Next 90 Days
April 16, 2025
In an interview with Yahoo Finance, Bessent said the Trump administration remains focused on Main Street, rather than just Wall Street.
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Gold Fund Inflows Smash Record With $80 Billion In 2025 — These ETFs Are Riding The $3,300 Surge
April 16, 2025
Gold fund net inflows have hit a record of $80 billion year-to-date, doubling over its previous record high in 2020.
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Benzinga
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Dow Jones Futures Decline Amid Growing Concerns In Tech Sector: Nvidia Stock In Focus Amid Tariff Cloud
April 16, 2025
On Wednesday morning, the Dow Jones futures were down 0.20%, the S&P 500 declined 0.80%, and the Nasdaq 100 futures fell 1.5%.
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Scott Bessent Says China Won't 'Weaponize' US Treasuries, Citing Risk To RMB And Exports: 'We Do Buybacks'
April 16, 2025
Scott Bessent has said that China couldn't sell U.S. Treasuries to destabilize the financial markets, as it would affect their currency.
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Benzinga
Asia Mixed, Europe Slides; Gold Hits $3,300 As Trade War Escalates - Global Markets Today While US Slept
April 16, 2025
Dow, S&P 500, and Nasdaq close lower on tariff uncertainty and weakness in consumer and healthcare stocks. Gold surges to record high.
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Gold Surges Above $3,300 To Record High As US-China Trade War Escalates With 245% Tariff
April 16, 2025
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US Stock Likely To Open Lower As US-China Tariff War Continues: 'Valuations Are Now Looking More Compelling,' Says Expert
April 16, 2025
U.S. stock futures declined on Wednesday following a muted day of trading on Tuesday. Futures of indices were lower in premarket.
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S&P 500 Typically Gains 18% In A Year After VIX Drops From 50 To 30 Level: Here's What Analysts Say
April 16, 2025
The S&P 500 has given a 17.9% median return each time the CBOE Volatility Index has fallen from over 50 to the 30 level.
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Beijing Switches Top Trade Negotiator As Trump Hikes China Tariffs To Staggering 245%
April 16, 2025
Li Chenggang was appointed as the country's international trade negotiation representative and as the Vice Minister of the Ministry of Commerce, replacing Wang Shouwen
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PepsiCo Stock Drops After BofA Downgrade Piles On Barclays Rating Cut: Retail Appetite Weakens
April 16, 2025
BofA analysts said Frito-Lay North America's growth is likely to remain below the long-term trendline this year.
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Justin Wolfers Says Simply 'Absurd' That Politicians Are Trading Stocks: 'Time For Congress To Fix Itself'
April 16, 2025
Australian economist Justin Wolfers came down on Congressional stock trading, calling it "absurd" and a "weird flaw" that needs to be addressed.
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Benzinga
Trump Administration Imposes Up To 245% Tariff On Chinese Imports Amid Intensifying Trade Battle
April 16, 2025
President Donald Trump's administration has raised tariffs on Chinese imports by 245% after a 145% levy earlier.
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China Seeks Mutual Respect And ‘Win-Win’ Approach From US To Resolve Tariff Dispute, Says Former Beijing Official
April 16, 2025
Zhu Guangyao, China's Vice Minister of Finance, told Bloomberg that the U.S. can't expect China to accept its proposals unconditionally.
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Slingshot Reversal: Our Easiest Win Of The Week
April 15, 2025
Markets just gapped down overnight! Combine that with *stacked ranges* on the tick charts, and this Slingshot Reversal could be our easiest win of the week!
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US Stock Futures Slump On ‘Strategic Blow’ From Nvidia’s China Export Setback: Traders Eye Powell’s Speech, Retail Sales Data
April 15, 2025
Commenting on Nvidia’s disclosure, Wedbush analyst Daniel Ives said, “The financial impact is small relatively, but the strategic blow is the focus of the market."
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Calm Before The Counteroffer: Markets Brace As Trade Talks Move From Fire To Fog
April 15, 2025
Compared to last week’s chaos, Tuesday felt like a relative lull — a calm mostly engineered by the Fed and Treasury flashing their bond market backstop badges.
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Stocks Edge Up On Strong Bank Earnings, Netflix Soars, Dollar Rebounds: What's Driving Markets Tuesday?
April 15, 2025
Wall Street gained ground by midday trading on Tuesday, as investor concerns over the economic impact of trade tensions continued to ease following recent signs that the Trump administration was taking...
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Netflix Price Target Lowered By UBS, Even as Company Reportedly Eyes $1T Market Cap
April 15, 2025
UBS noted that its proprietary viewership tracker shows a rebound in consumption following a slowdown linked to Netflix’s paid-sharing crackdown and delayed content releases.
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US Import Prices Fall In March 2025, Marking First Monthly Decline Since September 2024
April 15, 2025
According to the Bureau of Labor Statistics, lower prices for fuel imports more than offset higher prices for non-fuel imports in March.
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Defensive Sectors Are A Lifeboat For US Equity Investors In 2025
April 15, 2025
The spread between the best and the worst performing sectors year to date has widened sharply to more than 19 percentage points, based on a set of ETFs.
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ETFs
Bank Of America Ordered To Pay $540M In FDIC Lawsuit, But Avoids $2B Fine
April 15, 2025
The Federal Deposit Insurance Corp. initially sought approximately $1 billion in unpaid assessments and another $1 billion in alleged profits from underreporting risk in its lawsuit against the Bank of...
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PNC Financial Services Q1 2025 Earnings Surpass Estimates, But Revenue Falls Short Of Expectations
April 15, 2025
Provision for credit losses increased to $219 million during the quarter from $155 million in the same period a year ago, reflecting changes in macroeconomic factors and portfolio activity.
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