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Steve Kopack
Posts
Oil surges 6% and stocks tumble after Trump says Iran ceasefire is ‘over’
The price of oil surged more than 6% on Wednesday after President Donald Trump said that the ceasefire deal with Iran was “over” after the…
Oil prices rise as attacks revive safety concerns in the Strait of Hormuz
Oil prices jumped more than 3% after reports that two tankers transiting the Strait of Hormuz had been hit by unknown projectiles.
Trump discloses 327 unreported stock trades made a day before his first tariff pause
Investment accounts owned by President Donald Trump made more than 300 undisclosed stock trades the day before he paused many of the “Liberation Day” tariffs.
June jobs report likely to show stable hiring, but economists see plenty of warning signs
The June jobs report is expected to show the trend of stable hiring continued for a fourth straight month.
Trump will not renew USMCA deal, toppling a pillar of global trade stability
The Trump administration plans to pull the plug on the USMCA, a trade deal that has become a stabilizing force across North America’s three largest…
Fed chairman says inflation risks are declining, predicts AI will create jobs
Federal Reserve Chairman Kevin Warsh said that inflation risks have declined but that the central bank still had more work to do to rein in…
Apple shares plunge after it hikes prices on iPads and laptops
Apple shares fell sharply after the tech giant raised prices on iPads and MacBooks, saying the AI boom is driving up the cost of memory.
Global tech sell-off intensifies, led by AI and chip stocks
Markets tumbled around the world as renewed doubts about sky-high valuations took hold of investors in some of the largest AI, chip and memory stocks.
Red hot AI demand pushes more companies into the $1 trillion club
Micron Technologies and SK Hynix joined the trillion-dollar club, which includes Apple, Meta and Tesla.
$20 billion in tariff refunds have been paid so far, with more on the way
The Trump administration has refunded more than $20 billion in overpaid tariffs so far after the Supreme Court struck down the pillar of Trump’s trade…