Amazon stock decline with a higher margin after its first-quarter sales outlook disappointed investors. Although Q4 earnings were strong, the lower-than-expected revenue forecast raised concerns. Investors are now questioning Amazon’s…
Galaxy Digital CEO Mike Novogratz recently highlighted a significant decline in Ethereum sentiment, describing it as “unbelievably bearish.” He attributes this downturn primarily to increased regulatory scrutiny from the U.S.…
All Quiksilver, Billabong and Volcom stores in the United States will close after their operator filed for bankruptcy protection. Altogether over 100 stores for the brands, that sell apparel for…
Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its brick-and-mortar rival by another key metric: revenue. For the past dozen years, Walmart…
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How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China
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China has blacklisted the owner of Calvin Klein and Tommy Hilfiger, which could force the company to shut down stores and manufacturing in an early repercussion of President Donald Trump’s trade…
A bipartisan congressional bill is being introduced to ban China’s DeepSeek artificial intelligence software from government devices. U.S. Reps. Darin LaHood, R-Ill., and Josh Gottheimer, D-N.J., are introducing the legislation…
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Some tariff concessions from Canada and Mexico touted by Trump lack substance, experts say
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President Donald Trump and his supporters have heralded his use of tariff threats to extract concessions on drug trafficking and border security from Canada and Mexico. Yet, experts say, some…
President Donald Trump’s daughter-in-law Lara Trump will host a weekend show on Fox News, the news channel announced Wednesday. ‘My View with Lara Trump’ is expected to premiere Feb. 22…
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Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
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Chipotle Mexican Grill said Tuesday that it does not expect costs to rise much if tariffs on key imported ingredients go into effect next month, noting that only about half of…
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Disney tops quarterly profit estimates but starts to lose Disney+ streaming subscribers
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Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses at Disney+. The company’s streaming business reported another…