Apr 14, 2025 | Markets
Agility Robotics was raising $400 million at a $1.7 billion valuation. Klarna and StubHub delay their IPOs due to Trumps tariff regulations. Plaid raised $575 million at a $6.1 billion valuation. Ripple acquired Hidden Road, a prime brokerage firm, for $1.25 billion....
Apr 14, 2025 | Markets
Wall Street’s leading prognosticators have been humbled this year, with so many proven wrong about the damage President Donald Trump’s combative trade policies would do to the stock market. But despite all the convulsions and uncertainty, most equities strategists...
Apr 14, 2025 | Markets
Equity strategists at Citigroup Inc. lowered their view on US equities, saying the case to diversify away from the asset class is strengthening as the trade war undermines economic growth and earnings. Cracks in “US exceptionalism” will persist with the emergence of...
Apr 11, 2025 | Markets
Americans are rarely this pessimistic about the economy. Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s...
Apr 11, 2025 | Markets
A struggle by investors to predict President Donald Trump’s mercurial policies set trading records at Wall Street banks in the first quarter. But as industry leaders looked ahead, they had no great answers and scant optimism for what’s to come. Variations of...
Apr 11, 2025 | Markets
Market jitters over trade could damage more than your retirement fund balance. When investors feel less wealthy, they may also choose to spend less. Income is a paycheck, but wealth is at least partially a vibe. One day a portfolio of stocks is worth $100,000, and the...