News & Updates

The Nasdaq Composite (NASDAQINDEX: ^IXIC) is in correction territory as investors have been dumping growth stocks amid concerns related to tariffs, trade wars, and a potential slowdown in the economy in the months ahead. Buying shares of companies at a time like this can be unnerving, but if you're committed to holding on for the long term, the moves you make today could pay significantly in the future. There's still lots of potential for companies involved in artificial intelligence (AI) to revolutionize many industries.

Tariffs and the threat trade wars pose on the global economy are weighing on the markets right now. Three investments you may want to consider loading up on right now are Alibaba Group Holdings (NYSE: BABA), Visa (NYSE: V), and Axon Enterprise (NASDAQ: AXON). President Donald Trump has put tariffs in place on imports from China, which will raise costs for many companies operating in the U.S. and that depend on Chinese goods.

Rubrik Inc (RBRK) reports robust subscription revenue growth and strategic advancements, despite facing challenges in maintaining growth momentum.

Crown Castle Inc (CCI) reports robust revenue increase and strategic network expansion, despite facing supply chain and inflationary pressures.

DocuSign Inc (DOCU) reports a 9% increase in Q4 revenue and unveils promising developments in Intelligent Agreement Management.

Despite a slight dip in net sales, Ulta Beauty Inc (ULTA) showcases resilience with strategic expansions and a robust loyalty program, while preparing for a transitional 2025.

Semtech Corp (SMTC) reports robust financial performance with significant debt reduction and strategic growth in key segments.

BERLIN (Reuters) -BMW said newly imposed trade tariffs could dent the carmaker's earnings by 1 billion euros ($1.09 billion) this year, as escalating trade tensions between China, Europe and the U.S. take a mounting toll on global companies' finances. The premium carmaker forecast an earnings margin for its cars segment of 5-7% in 2025, factoring in the impact of a full year of EU duties on its China-made EV, and U.S. duties of 25% on steel and aluminium and on vehicle imports to the U.S. from Mexico. Further tariffs looming from the European Union and the United States would have a far greater impact on the carmaker, which is the highest automotive exporter by value from the U.S. and exports over half its vehicles made in Germany outside the EU.

It’s time to snap up software stocks. The exchange-traded fund has dropped 19% to $88 from a record close of $110 in December, as the broader market has sold off on concerns about the economic impact of President Donald Trump’s tariffs. Now, software stocks reside in more attractive territory for investors who want to buy up a sector with strong earnings growth.

Asian markets advanced Friday, shrugging off another decline on Wall Street, with markets in China gaining after state-run banks and other financial institutions were ordered to do more to help spur more consumer spending. China's National Financial Regulatory Administration issued a notice ordering financial institutions to help develop consumer finance and encourage use of credit cards, do more to aid borrowers who run into trouble, and be more transparent in their lending practices. Economists say China needs consumers to spend more to get the economy out of the doldrums, although most have advocated broader, more fundamental reforms such as increasing wages, social welfare and support for public health and education.