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If Elon Musk is helping President Trump dismantle the federal government so he can add even more billions to his personal fortune, he’s doing a lousy job of it. As head of the “DOGE” efficiency commission, the Tesla (TSLA) CEO has become Trump’s top consigliere and one of the most powerful unelected officials in American history. Musk’s team is eviscerating select government agencies, firing thousands of federal bureaucrats, undoing billions of dollars in spending approved by Congress — and claiming new powers for the executive branch. Trump has given him so much authority that “President Musk” is a recurring theme…

Nvidia (NVDA) stock sank 8.7% Monday to its lowest closing price since last September as reports surfaced of the tech giant’s AI chips reaching China despite export controls. The Wall Street Journal reported late Sunday that Nvidia’s latest Blackwell chips are reaching China through third-party resellers using entities registered in nearby regions in violation of export controls. NasdaqGS – Delayed Quote • USD That report was followed by news that Singapore is probing Nvidia’s customers Dell (DELL) and Super Micro Computer (SMCI) — companies that make servers using the chipmaker’s Blackwell GPUs (graphics processing units) — for potentially violating US…

A second round of tariffs from Donald Trump is set to begin in just hours with new duties on America’s top three trading partners: Canada, China, and Mexico. There is “no room left for Canada or for Mexico,” Trump reiterated Monday afternoon at the White House, saying he wouldn’t pare back his tariffs levels on those two countries. “They’re all set,” he added. The president signed the first of these actions on Monday afternoon with new duties against China in an order that charged the country “has not taken adequate steps to alleviate the illicit drug crisis.” The president is…

When the stock market falls more than 1% in a day or a couple percentage points over a couple of days, I always get the feeling that it’s the beginning of a much bigger sell-off.This has been consistent in my 19 years of writing about stocks. To be fair, it’s a rational feeling to have because stock market history is riddled with big, lengthy sell-offs. And you can be sure there’ll be big sell-offs, including bear markets, in the years to come.That said, something that has changed over the years is my growing familiarity with the data, which has made…

The first week of March will bring investors a crucial jobs report and a range of key retail earnings that could have the potential to either stoke or allay fears about the US economy and the consumer showing some signs of stress.The February jobs report out Friday is expected to show hiring rose modestly last month while the unemployment rate held steady at 4%.Last week, the major averages were a mixed bag in the end, with the Dow (^DJI) eking out a weekly gain while the tech-heavy Nasdaq (^IXIC) lost over 4%. After forfeiting its year-to-date gains at the week’s…

President Trump on Monday responded to a question about looming tariffs on US neighbors Canada and Mexico by suggesting they are “on time.” A reporter noted that a month-long delay in the implementation of those tariffs — which Trump originally planned to impose at the beginning of February — is set to expire next week. The reporter asked if Trump believed Canada and Mexico had “done enough” on their respective borders with the US to avoid the new duties. Trump has made border security the key sticking point in the talks. “We’re on time with the tariffs,” Trump said during…

A choppy February for investors was punctuated by a poor reading on consumer confidence, a soft report on consumer spending, and a sell-off across many of the momentum trades that had defined the market action this year. “The fear here among a lot of investors now [has] become that the economy could be slowing down faster than the Fed is willing to react, which is a tough situation,” Steve Sosnick, chief strategist at Interactive Brokers, told Yahoo Finance an interview on Friday. For the month, the tech-heavy Nasdaq Composite (^IXIC) fell about 4% while the S&P 500 (^GSPC) and Dow…

ForexIGO ForexIGO LIMASSOL, Cyprus, March 13, 2025 (GLOBE NEWSWIRE) — ForexIGO, an AI-powered Expert Advisor (EA), introduces a dual-market strategy designed to optimize both gold (XAUUSD) and GBP/USD trading within the MetaTrader 4 (MT4) platform. Built to enhance diversification and efficiency, this EA allows traders to capitalize on opportunities in two markets while maintaining a balanced risk approach. Multi-market trading has traditionally required managing separate strategies, each tailored to different asset classes. Gold and GBP/USD behave differently, one driven by macroeconomic forces and risk sentiment, the other by monetary policy and economic indicators. ForexIGO unites these markets within a single…

VCI Global Limited Company Details Strategic Growth Initiatives to Expand Market Presence Across Asia and the Middle East KUALA LUMPUR, Malaysia, March 13, 2025 (GLOBE NEWSWIRE) — VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a market leader in initial public offering (IPO) advisory, cybersecurity, enterprise AI, and AI infrastructure, announced an update on its strategic expansion plan and vision for market dominance across Asia and the Middle East. With an ambitious multi-phase roadmap, the Company aims to drive growth and solidify its position as an industry leader through 2025 and beyond. IPO Advisory Business: Expanding Beyond Malaysia…

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITYRule 8.5 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Name of exempt principal trader: HSBC Bank Plc (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Learning Technologies Group plc (c) Name of the party to the offer with which exempt principal trader is connected: OFFEROR: GASC APF, L.P. and certain of its managed or advised funds (including Atlantic Park), accounts and/or affiliates (collectively, General Atlantic) (d)…