President Donald Trump dropped a bombshell today, February 27, 2025, revealing plans to slap an extra 10% tariff on all Chinese goods coming into the U.S., piling onto existing levies. Trump’s tying this move to his long-standing gripes about China’s role in the fentanyl crisis, accusing Beijing of funneling the deadly opioid through Mexico and…
Core Scientific is doubling down on its Denton, Texas, data center, announcing a $1.2 billion expansion in cahoots with CoreWeave, a cloud provider laser-focused on artificial intelligence. According to a February 26 press release, the deal tacks on 70 megawatts of power, juicing the site’s total IT load to 260 MW. That’s just one piece…
In a strategic shift, Brazil has decided to abandon the proposal for a unified BRICS currency during its presidency of the bloc in 2025. Instead, the nation will focus on enhancing trade using local currencies among BRICS members—Brazil, Russia, India, China, and South Africa—to reduce dependence on the U.S. dollar. This decision comes as President…
Apple stock (AAPL) has been up in the past month, with bank firms revising their price predictions per share in a positive direction. Currently trading at $245 at press time, AAPL is up 10% since January 21. Analysts at Goldman Sachs are bullish on the stock and have recently upped their price prediction for the…
Nvidia (NVDA) stock ended the week lower, falling under $140 per share, which could create a buying opportunity for some investors. The company is a leader in AI, high-performance computing, and innovation across multiple industries. Thus, smart investors are often looking for a way to invest in the stock at its lowest to capitalize on…
Following Walmart’s (WMT) latest earnings report, the stock is down 6%, despite the quarterly earnings being strong. Both top and bottom lines came in higher than Wall Street expected in the retailer’s fourth quarter and fiscal 2025 results, released on Thursday before the market opened. Quarterly revenue increased 5.3% year over year to $182.6 billion,…
Core Scientific, the heavyweight champ of publicly traded Bitcoin miners in the U.S., might be the next crypto domino to fall, staring down bankruptcy after a brutal third-quarter loss of $434 million. That bombshell, dropped in a fresh SEC filing, pushes their 2022 losses to a staggering $1.7 billion—a hole so deep it’s got the…