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Billionaire Richard Branson Criticizes Trump's Tariff Decisions: 'World Was On The Verge Of A Complete Meltdown'
Thursday, April 24, 2025 - 6:44pm | 597Tariff policies and plans by the Trump administration are not being well received by many consumers in the U.S. and people around the world. A British billionaire is the latest to speak out on the negative impact the tariffs could have on global economics. What Happened: Billionaire Richard Branson...
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Trump-Appointed FCC Chair To Europe: If You're Worried About Elon Musk's Starlink After The Ukraine Threat, 'Just Wait For The CCP's Version…'
Tuesday, April 15, 2025 - 11:16pm | 685A top Donald Trump official has urged European allies to back Starlink, a subsidiary of Elon Musk's SpaceX and U.S. tech over China. What Happened: Federal Communications Commission chairman Brendan Carr told the Financial Times that European hesitation over Starlink service is misplaced. His...
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Meta, Google And Other Big US Tech Firms Could End Up Paying Up If Trump Tariff Talks Collapse, Warns European Commission President: 'No Winners In This, Only Losers'
Friday, April 11, 2025 - 1:20am | 723European Commission president Ursula von der Leyen has said the EU is preparing a slate of retaliatory measures that could include levies on digital advertising revenues from U.S. tech companies like Facebook-parent Meta Platforms, Inc. (NASDAQ:META) and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL...
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JPMorgan Turns Bullish On European Miners, Sees Copper Rally As Key Catalyst
Thursday, April 3, 2025 - 4:43pm | 542JPMorgan Research has upgraded its outlook for European mining equities, shifting more positive in February and then upgrading the outlook to Overweight in March. The research team cited a pattern of the sector outperforming through economic turbulences, believing a historical pattern could repeat...
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Vanguard Launches Global Government Bond ETF, Expanding Fixed-Income Options For European Investors
Friday, March 28, 2025 - 12:37pm | 495Vanguard has launched a new fixed-income ETF, giving investors the chance to diversify bond portfolios at a global level. The Vanguard Global Government Bond UCITS ETF is intended to be a core holding, offering exposure to a broad selection of developed-market government bonds. The ETF will be...
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Trump May Slap A 20% Tariff On EU, Yet April Still Offers Rally Hopes For European Stocks
Wednesday, March 26, 2025 - 3:34pm | 545The European Union is bracing for potential 20% tariffs from the Trump administration as the April 2 deadline for “reciprocal” trade measures looms. The Financial Times reported Wednesday that Maroš Šefčovič, the European Commissioner for Trade and Economic Security, warned that the U....
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Tesla Stock Nears 50% Drop From All-Time Highs: Analyst Says 'Difficult Fundamental Conditions' Ahead
Wednesday, March 5, 2025 - 11:23am | 492A Tesla Inc (NASDAQ:TSLA) analyst lowers the price target on the stock due to weaker than expected demand in regions like Europe. The Tesla Analyst: Goldman Sachs analyst Mark Delaney maintained a Neutral rating on Tesla and lowered the price target from $345 to $320. Read Also: Tesla Sales Drop 12...
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Tesla Sales Drop In Europe In February, Some Countries Down Over 40%: Is Musk's Political Push Hurting EV Company?
Tuesday, March 4, 2025 - 6:06pm | 755Tesla Inc (NASDAQ:TSLA) sales continue to drop in Europe in 2025 with the latest figures indicating the brand could be hurting from CEO Elon Musk's political push and calls for boycotts of the brand. What Happened: Musk has gotten increasingly involved with politics in the United States with a role...
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EXCLUSIVE: Bitcoin Has 'Capacity' To Become Legal Tender In Europe, Says EU Member Of Parliament Sarah Knafo: 'I Am Going To Fight The Digital Euro' And The Totalitarian ECB
Sunday, February 16, 2025 - 9:30am | 848Within the first week of his inauguration, President Donald Trump signed an executive order that included a directive to evaluate the creation of a "strategic national digital assets stockpile." The Federal Reserve has also shunned plans to create a central bank digital currency, setting a...
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Tesla Sales Drop 60% In Germany: Are Elon Musk's Politics Getting In The Way Of EV Growth?
Thursday, February 6, 2025 - 12:08pm | 782Tesla Inc (NASDAQ:TSLA) is one of the largest electric vehicle companies in the world, but it could be facing sales declines in parts of the world due to CEO Elon Musk's deeper push into politics. What Happened: In recent weeks, sales data for electric vehicle sales in 2024 has shown Tesla's market...
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Tesla Stock Sold By Europe's Largest Pension Fund In Q3: 'We Had A Problem' With Musk Pay
Monday, January 13, 2025 - 11:45am | 632Europe's largest pension fund sold out of its stake in electric vehicle company Tesla Inc (NASDAQ:TSLA) during the third quarter, missing out on future gains and all-time highs hit after the 2024 election. What Happened: Stichting Pensioenfonds ABP sold its entire stake in Tesla in the third...
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Dollar Hits 14-Month High, 30-Year Yields Near Critical Threshold As Trump Reportedly Mulls Economic Emergency Tariffs
Wednesday, January 8, 2025 - 11:52am | 905The U.S. dollar extended its rally to a 14-month high and Treasury yields continued their relentless rise on Wednesday as speculation grew that President-elect Donald Trump is considering invoking sweeping emergency powers to implement new tariffs, fueling fears of inflation and policy uncertainty...
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After Boosting Trump, Musk's Political Ambitions Take Root In Europe
Wednesday, January 1, 2025 - 3:30pm | 667Elon Musk is making waves in the political landscape of Europe following his involvement in the election victory of U.S. President-elect Donald Trump. What Happened: Musk has turned his political attention toward Europe. He voiced his support for Reform UK, a British populist party led by Nigel...
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Investors Pour Money Into US Stocks, Shun Europe In Historic Fashion
Tuesday, December 17, 2024 - 3:58pm | 783Investors on Wall Street are bleeding red, white and blue, pouring money into American equities already trading higher than their European counterparts. The Data: A post on X from Mike Zaccardi relayed data from the Bank of America fund manager survey. BofA FMS: 4th biggest overweight of US...
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Ford Cuts Capri, Explorer EV Output Due To 'Significantly Lower Than Expected Demand' After Pausing F-150 Lightning Production
Thursday, November 14, 2024 - 8:41am | 510Ford Motor Co (NYSE:F) is reportedly slowing production of the electric Capri and Explorer at the company’s Cologne factory in Germany owing to slowing EV demand. What Happened: As a result of the production slowdown, Ford employees will work one week and take off in the next until Christmas...