To The Moon

The US was stripped of its last top credit rating by Moody’s Ratings, reflecting deepening concern that ballooning debt and deficits will damage America’s standing as the preeminent destination for gl

Microsoft Corp. has pulled back on data center projects around the world, suggesting the company is taking a harder look at its plans to build the server farms powering artificial intelligence and the

- U.S. President Donald Trump's administration on Wednesday confirmed that his 25% global car and truck tariffs will take effect as scheduled on Thursday and that duties on automotive parts imports will be launched on May 3.In a Federal Register notice adding details to Trump's autos tariff proclamation issued last week, the White House directed the Commerce Department to establish a process within 90 days for adding more parts to the list, including at the request of domestic producers.The 25%

For the past year, U.S. economic policymakers have been singularly focused on achieving a so-called soft landing that brings inflation down without a recession. Now, a new team of pilots are considering a course correction that, by their own acknowledgment, might tip the economy toward a hard landing.In an interview that aired Sunday on Fox News, Trump sidestepped a question about whether a recession could lie ahead. "There is a period of transition because what we're doing is very big," he said. "What I have to do is build a strong country. You can't really watch the stock market.". Given a chance to explain those comments later Sunday, Trump instead doubled down in remarks to reporters on Air Force One that evening. "Tariffs are going to be the greatest thing we've ever done as a country. It's going to make our country rich again," he said.Business travel has also softened. "Where there are places where people just aren't quite sure what's going to happen, companies are pulling back,

Nvidia is building an entire data center in a single box. $NVIDIA Corp(NVDA)$ is about to take a page from Apple and transform into something bigger than it already is.Only a few companies have succe

Semiconductor shares slid in morning trading.Arm Holdings fell over 6%; Broadcom, Qualcomm fell 4%; TSMC, Nvidia fell over 3%.

Ukraine aid, student loan plan help add $400 billion to gapFDIC seen struggling to recoup recent bank failure paymentsThe nonpartisan Congressional Budget Office ramped up its estimate for this year’s

Tesla shares down 1.5% in morning trading on Tuesday after 5.3% rise in previous session.Tesla stock is wildly overpriced and could soon face an extreme correction, according to short-seller Per Lekander."In my view, Tesla is the biggest stock market bubble in world history," The Clean Energy Transition CEO said in an interview with Yahoo Finance last week. "The models are aged, and valuation is absolutely insane. Earnings are falling off a cliff," he added, estimating Tesla's earnings could fal