April 17, 2025 - 00:37

US stocks experienced a significant downturn as Nvidia announced new, costly restrictions on chip exports to China. This revelation sent shockwaves through the market, prompting investors to reassess their positions amidst growing concerns over the implications of these export controls. The Dow Jones Industrial Average, S&P 500, and Nasdaq all faced considerable losses, reflecting a broader sense of unease among market participants.
Adding to the market's volatility, Federal Reserve Chairman Jerome Powell warned of the "challenging" effects that tariffs could have on the economy. His comments underscored the potential for trade tensions to escalate, further complicating the economic landscape. As investors digested this information, many opted to pull back, leading to a sell-off across various sectors.
The combination of Nvidia's export limitations and the uncertainty surrounding trade policies has left investors wary, contributing to a climate of caution in the stock market. Analysts will be closely monitoring these developments as they unfold, seeking clarity on the future trajectory of both the tech sector and the broader economy.
February 25, 2026 - 03:36
BHMI Enhances the Concourse Financial Software Suite® to Support Interac Processing in CanadaIn a move to bolster payment processing capabilities in Canada, BHMI has unveiled significant upgrades to its Concourse Financial Software Suite. The enhancements are specifically engineered to...
February 24, 2026 - 00:52
Peter Schiff Says 'Highly Likely' Bitcoin 'At Least' Falls To $20,000: 'I Know BTC Has Done That Before, But...'Renowned economist and longtime cryptocurrency skeptic Peter Schiff issued a stark warning on Thursday, stating it is `highly likely` that Bitcoin will fall to at least $20,000. He urged market...
February 23, 2026 - 00:14
‘Money's moving out of tech’: Wall Street weighs stock market winners amid the AI scare tradeA significant rotation is underway on Wall Street as capital flows out of the once-unassailable mega-cap technology stocks. Market analysts report a growing investor unease with the stratospheric...
February 22, 2026 - 12:52
Jim Cramer Says Cryptos Are 'Getting Slaughtered,' Dismisses Bitcoin As Iranian War HedgeFinancial commentator Jim Cramer has publicly challenged the narrative that cryptocurrencies, particularly Bitcoin, serve as a reliable safe haven during international crises. His comments come as...