Markets Feel Trump’s Tariff Threat

Asian shares fell on Monday as investors worry about President Donald Trump’s proposed tariffs on key U.S. trading partners. Japan’s Nikkei 225 dropped 2.7%, while Australia’s S&P/ASX 200 declined 1.8%. South Korea’s Kospi also fell 2.5%. Analysts say Asian markets are bracing for a possible trade war escalation, which could lead to reduced global trade … Read more

Trump Backs Fed’s Rate Cut Decision

US President Donald Trump has unexpectedly expressed support for the Federal Reserve’s decision to pause its rate-cutting path, reversing his typical stance on lower interest rates. In a statement made upon arriving in Washington on Sunday evening, Trump stated that holding rates steady was the “right thing to do.” This marks a rare instance where … Read more

Oscar Nominee’s Dark Past Exposed After Viral Twitter Scandal

Karla Sofía Gascón, the Spanish actress nominated for Best Actress at the Oscars, has been embroiled in a scandal after old tweets surfaced online containing bigoted commentary. The controversy erupted just days after she received her nomination, prompting widespread backlash and threatening to derail her film’s Oscar prospects. Gascón had previously denied making any racist … Read more

Karla Sofía Gascón Addresses Racism Allegations in Emotional CNN Interview

Karla Sofía Gascón, a 52-year-old actress nominated for an Oscar for Best Actress, sat down with CNN en Español to discuss the resurfaced social media posts that sparked controversy. The actress, who is also transgender, grew visibly emotional during the hour-long conversation. Gascón denied being racist and Islamophobic, stating that she has never committed a … Read more

Palantir Technologies Sees Q4 Earnings Growth, Amid AI and Defense Focus

Palantir Technologies (PLTR) is expected to post improved profitability in its fourth-quarter earnings report, with analysts predicting adjusted earnings of 11 cents per share, up 39% from the same period last year. Revenue growth is also forecasted at 28%, reaching $776 million. The company’s U.S. commercial revenue is predicted to climb 52% to $199 million. … Read more

Manchester City’s Late Collapse Costs Them 5-1 Thrashing at Arsenal

Manchester City manager Pep Guardiola has described his team’s performance in the final 30 minutes of their 5-1 defeat to Arsenal as “unacceptable”. The late collapse, which saw City concede four second-half goals, was sparked by a brief levelling of the game at 1-1. England defender John Stones was equally critical of his teammates’ display, … Read more

Market Watch: Key Earnings, Data Releases Ahead

Last week’s market volatility saw AI news at the forefront, with strong earnings leading to a recovery before a late-day sell-off on Friday. The S&P 500 closed down 1.01% for the week. This week brings another round of significant events, including key earnings, employment data, and manufacturing updates. Here are five things to watch this … Read more

Tesla Posts Rare Earnings Miss Amid Weak Sales and Competition

Tesla has reported a rare earnings miss for the last quarter of 2024, with shares initially falling before rebounding to a narrow gain. The company’s quarterly revenue of $25.7 billion was about $1.5 billion less than expected, leading to thinning profit margins. The news comes as Tesla faces increased competition from electric vehicle offerings from … Read more