Analyzing 10,353 companies, the current stock market snapshot reveals an average P/E ratio of 15.7, providing insights into company valuations based on their stock prices and earnings per share.
Stocks surged, with the Dow climbing 383 points and the S&P 500 and Nasdaq rallying over 1%, as the Federal Reserve held interest rates steady but signaled potential future rate cuts, boosting investor optimism about economic resilience.
Volkswagen's annual operating profit plunges 15% to $352.8 billion in 2024 due to surging costs and restructuring expenses, but the automaker braces for potential U.S. tariffs while operating a major factory in Tennessee and projecting up to 5% revenue growth in 2025.
A judge expressed concerns about potential harm from OpenAI's transition to a for-profit company using public funds, denying an injunction but offering an expedited trial in 2025 to resolve disputes over the restructuring targeted by Elon Musk's lawsuit.
In a legal battle against OpenAI, a judge rejects Elon Musk's bid to stop the AI research company's transition to a for-profit model, allowing the transformation to proceed while other aspects of Musk's lawsuit move forward.
Mounting fears of stagflation, driven by Trump's tariffs and softening economic indicators, are fueling market volatility and raising concerns about high inflation coupled with sluggish growth, though a severe crisis has not yet materialized.
President Trump's imposition of steep tariffs on imports from key trade partners sparked retaliatory measures and ignited a trade war, causing market turmoil and major stock losses amid escalating tensions.
Amazon-backed AI startup Anthropic skyrocketed to a staggering $61.5 billion valuation after securing a $3.5 billion mega funding round led by Lightspeed Venture Partners, fueling its ambitious plans to expand compute power, advance AI research, and accelerate global expansion.
In an escalating trade war, President Trump imposed steep 25% tariffs on imports from key allies Canada and Mexico, while also doubling tariffs on Chinese imports to 20%, sending stock markets plunging amid fears of a global trade conflict.
In retaliation against the U.S.'s unjustified tariffs on Canadian exports, Canada strongly condemns the move and imposes 25% tariffs on $155 billion worth of American goods, with $30 billion effective immediately and the remaining $125 billion in 21 days, until the U.S. trade action is withdrawn.