President of the Swiss Confederation, Karin Keller-Sutter (R) and Swiss Economy Minister Guy Parmelin depart at the Department of State after a meeting with US Secretary of State Marco Rubio, in Washington, DC on August 6, 2025. Drew Angerer | Afp | Getty ImagesSwitzerland will continue talks with the United States, its president said on Thursday, after President Donald Trump placed crippling import tariffs on Swiss goods, which threaten to inflict serious damage on its export-focused economy. The 39% import levy – among the highest of any applied under Trump’s global trade reset – took effect at midnight Washington time…
Author: usaeverydaylife
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — We have a lot of consumer discretionary stocks on our Best Stocks in the Market list these days — from eBay and Flutter Entertainment to Carvana and Royal Caribbean . But we don’t have a lot of retailers. Today, we’re taking a look at one of the best technical set-ups on the list and a company that has fundamentally outperformed its competitors across every important metric. TJX owns and operates the T.J. Maxx brand as well…
Since Donald Trump was reelected as president, Washington, D.C., has made many moves to become friendlier with the world of cryptocurrency. From new laws to executive orders, the Trump administration and Congress are moving quickly to make the U.S. a leader in digital assets innovation. Another example arrived on Thursday when Trump said he would sign an EO that mandates the inclusion of crypto in retirement plans.Is it a good thing? Some advisors, led most notably by Ric Edelman, say that investors should hold as much as 40% of their portfolio in digital assets (primarily replacing bonds). That’s a big…
Attendees walk through an exposition hall at AWS re:Invent, a conference hosted by Amazon Web Services, in Las Vegas on Dec. 3, 2024.Noah Berger | Getty ImagesAmazon Web Services has agreed to provide U.S. federal agencies with up to $1 billion in discounts for cloud adoption, modernization and training through 2028, an agency overseeing government procurement announced Thursday.The agreement is expected to speed up migration to the cloud, as well as adoption of artificial intelligence tools, the General Services Administration said.”AWS’s partnership with GSA demonstrates a shared public-private commitment to enhancing America’s AI leadership,” the agency said in a release.Amazon’s cloud boss…
Clothing inside a Peloton store in Palo Alto, California, US, on Monday, Aug. 5, 2024. David Paul Morris | Bloomberg | Getty ImagesPeloton posted a surprise profit for its fiscal fourth quarter on Thursday and outlined its strategy to return to growth under new CEO Peter Stern. Shares gained 6% in early trading. The connected fitness company, known for its stationary bikes and treadmills, posted a net income of $21.6 million, compared with a loss of $30.5 million in the year-earlier period. That’s thanks to better than expected sales but also, Peloton’s efforts to cut its operating expenses, which Stern said…
Glass cover and materials stocks Corning and Coherent stand to gain from Apple’s plan to invest billions in the U.S., according to analysts. Both were named strategic partners as Apple CEO Tim Cook joined President Donald Trump at the White House on Wednesday and pledged to invest $600 billion domestically over a four-year period and step up its U.S. manufacturing. Corning and Coherent already have “long standing” ties with the iPhone maker’s U.S. plants, said Morgan Stanley analyst Meta Marshall. She noted that Corning already produces 100% of the cover glass for Apple’s phones and tablets, she noted. “There are…
FILE PHOTO: Crude oil tanker Nevskiy Prospect, owned by Russia’s leading tanker group Sovcomflot, transits the Bosphorus in Istanbul, Turkey September 6, 2020. Yoruk Isik | ReutersThe oil market is shrugging off President Donald Trump’s threats to impose heavy tariffs on countries that buy Russian energy exports.Trump has given Russia until Friday to agree to a ceasefire in Ukraine. If Moscow does not comply, the U.S. will impose 100% “secondary tariffs” on countries that buy Russian exports, the president has said. This would in theory force countries to choose between buying Russian oil or trading with the U.S.India, China and Turkey…
President Donald Trump in the Oval Office of the White House in Washington, Aug. 6, 2025.Bonnie Cash/UPI/Bloomberg via Getty ImagesAfter months of policy pivots, delays and negotiations from President Donald Trump, dozens of key U.S. trading partners were hit Thursday with “reciprocal” tariffs on their exports to the country.”IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!” Trump wrote on social media platform Truth Social.But even as the duties, which were updated just last week, kick in, much uncertainty remains.Below is a list of the latest tariffs, with the U.S administration stating that all other…
A Duolingo logo is seen on a smartphone.Pavlo Gonchar | LightRocket | Getty ImagesDuolingo shares skyrocketed more than 30% after the language learning platform boosted its guidance due to strong user growth driven by artificial intelligence.The mobile learning platform hiked its full-year guidance to between $1.01 billion and $1.02 billion, up from a prior range of $987 million to $996 million. Duolingo also lifted its bookings guidance to between $1.15 billion and $1.16 billion.”We exceeded our own high expectations for bookings and revenue this quarter, and did it while expanding profitability,” said co-founder and CEO Luis von Ahn in a…
Sunrun could be on the cusp of surging, according to JPMorgan. JPMorgan reiterated an overweight rating on the solar stock on Thursday and raised its price target to $20 per share from $16. The firm’s forecast implies about a whopping 120% upside from Wednesday’s $9.07 close. Analyst Mark Strouse pointed to Sunrun’s strong second-quarter results as cause for the target hike. Earnings per share grew to $1.07 from 55 cents on a year-over-year basis, while revenue of $569.3 million beat a FactSet estimate of $559.4 million. Shares rallied more than 16% in the premarket following the release. RUN YTD mountain…
