The tariff bomb wipes out $10 trillion in stock market value, half of the EU’s entire GDP
Big tech companies lead the losses, with €1.5 trillion cumulatively shed since Thursday from the Magnificent Seven’s market capitalization
How Trump’s tariffs are affecting the market: The stampede that wiped $5 trillion off Wall Street
Global markets are facing their worst days since the pandemic, with Trump’s harsher-than-expected trade war stoking fears of a recession, triggering panic among investors, and causing an economic earthquake
Trump backtracks on doubling tariffs on aluminum and steel to 50% for Canada
In another chaotic day, the U.S. president gets in return that the province of Ontario will not raise the price of electricity serving Michigan, New York and Minnesota by 25%
DeepSeek changes the narrative in the middle of the gold rush
The AI arms race, spurred by euphoric markets, has been based on the experience of the Magnificent Seven: in technology, scale always wins, and the winner of the race takes all the prizes
Banking panics, social media and history repeating itself
Deposit outflows are the weak flank of U.S. banking, but they are not a technology-driven phenomenon, and it’s far from inevitable
The energy transition, $100 oil and a geopolitical chess match
OPEC is keeping the price per barrel artificially high while the forecast of lower demand in the future is conditioning new investments
The AI black box, the perfect boost for a market at a standstill
The expectations raised by ChatGPT have excited the market, but the pace at which generative AI can be turned into money remains to be seen
Apple puts pressure on US banking sector by offering higher rate of return
The technological giant – with almost infinite commercial and financial capacity – has made a big play in the financial services sector at a critical moment
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