Tech Stocks Soar as Nasdaq Records Best Day in Decades Tech stocks experienced a significant surge as the Nasdaq jumped over 12% in its best performance in decades. This impressive rally comes in the wake of the Trump administration’s decision to temporarily halt trade tariffs. The market reaction to this news underscores the crucial role […]
Fashion Stocks Soar After Trump Pauses Tariffs on All Countries But China
Fashion Stocks Soar After Trump Pauses Tariffs on All Countries But China The recent decision by President Trump to temporarily impose a universal 10 percent tariff on all countries except China has sent shockwaves through the fashion industry. While the higher levies initially announced caused concern among investors and experts alike, the revised tariffs have […]
The Debrief | Trump’s Tariffs Change Everything
The Debrief | Trump’s Tariffs Change Everything The recent implementation of tariffs by Donald Trump has sent shockwaves through the fashion industry, impacting everything from consumer behavior to global supply chains. Sustainability correspondent Sarah Kent and luxury correspondent Simone Stern Carbone have weighed in on the far-reaching implications of this historic decision. Let’s delve into […]
Nike, Lululemon Rebound as Trump Touts Call With Vietnam Leader
Nike and Lululemon Surge as Trump Highlights Positive Call with Vietnam Leader In the world of business, especially in the realm of manufacturing and retail, partnerships and relationships with other countries play a crucial role in success. Recently, shares in prominent companies with significant manufacturing operations in Vietnam, such as Nike and Lululemon, experienced a […]
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis
‘Mind-Boggling’ Tariffs Threaten Fashion With Covid-Level Crisis The fashion industry is no stranger to challenges, but the recent announcement of new import duties by President Donald Trump has sent shockwaves through the sector. Dubbed as ‘liberation day’ by the administration, the unveiling of these tariffs has left many in the industry scrambling to adjust and […]
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains
Adidas, Puma Plunge as Trump’s Tariffs Shock Shoe Supply Chains The global economy is a complex web of interconnected supply chains, where even the slightest ripple can cause a major wave of impact. Recently, the footwear industry felt the shockwaves as President Trump’s tariffs sent Adidas and Puma stocks plummeting. In early Frankfurt trading on […]
Trump’s Tariffs to Take Immediate Effect, White House Says
Trump’s Tariffs: Immediate Impact on Global Trade The world of international trade is once again bracing itself for turbulence as President Trump’s administration announces the immediate enforcement of global tariffs. White House press secretary Karoline Leavitt confirmed the news on Tuesday, indicating that the repercussions of this decision will be swift and far-reaching. Tariffs have […]
US fabs to catch up with Taiwan tech
US Fabs Accelerate to Match Taiwan Tech Power In the fast-paced realm of chip technology, staying ahead of the curve is not just an advantage but a necessity. As Taiwan Semiconductor Manufacturing Company (TSMC) continues to lead the pack with cutting-edge advancements, the pressure is on for US fabs to catch up and level the […]
Nike Comeback Bid Is Threatened by Inventory Reset, Tariffs
Nike’s Comeback Bid Faces Challenges from Inventory Reset and Tariffs Nike, the iconic activewear brand, is currently facing a turbulent period as it navigates through a challenging landscape of inventory issues and tariffs. The company’s shares recently took a hit, dropping nearly 5 percent following a concerning statement made by CFO Matthew Friend during Nike’s […]
China claims quantum supremacy with Zuchongzhi 3.0 chip
China Claims Quantum Supremacy with Zuchongzhi 3.0 Chip China has recently made waves in the world of quantum computing with the unveiling of its groundbreaking Zuchongzhi 3.0 chip. Boasting a 105-qubit design, this cutting-edge technology is set to revolutionize the field and solidify China’s position as a key player in the global quantum race. Quantum […]