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Berkshire Hathaway Earnings Preview: A Safe Haven Amid the Tariff Storm
Donating money resulted in a plummet of values! The USA Technology industry trying to curry favor with Trump ended up being a "Faustian trade."
① Just as USA Technology companies were once very cocky at the beginning of Trump's presidency, they now find themselves in big trouble; ② Due to tariff policies and market turmoil caused by Trump's overreach, the performance of USA Technology companies has been collectively downgraded this year, and Stocks have also been heavily sold off; ③ Musk, Huang Renxun, Zuckerberg, and Bezos have lost nearly 200 billion dollars in wealth, leading to their support for Trump being regarded as a deal with the devil.
Bitcoin, Ethereum Flat, Dogecoin Dips Amid Trade Deal Hopes: Analyst Says BTC Price 'Holding Strong' And Setup Clean For Push To $98,300
Cathie Wood Bets Against Mark Zuckerberg's Meta Ahead Of Crucial Earnings Report, Loads Up On This Amazon Rival
After "breaking up" with Amazon, UPS cut 20,000 jobs and suspended its full-year forecast amid economic uncertainty.
UPS currently has about 0.49 million employees and plans to cut 4% of its total workforce due to parting ways with its largest customer, Amazon. This layoff aims at network restructuring and efficiency improvement. Although UPS's first-quarter performance exceeded expectations, it has not updated its full-year outlook due to economic uncertainty, and a decline in transportation volume and revenue is expected in the second quarter.
Express News | In overnight trading, Nvidia drops 2%, SMCI, Starbucks, Snap, and First Solar shares fall after their financial results
