[International>Economy-Markets] Archives - Gangnam Times
#internationaleconomy-markets (8 Posts)
Goldman Sachs Predicts S&P 500 to Hit 5200 by Year-EndAmid the U.S. stock market continuously breaking records this year, investment bank Goldman Sachs has raised its year-end forecast for the Standard & Poor’s (S&P) 500 index. According to Bloomberg, on the 19th (all local time), Goldman Sachs revised its year-end S&P 500 forecast from the previous 5100 to 5200. This is a 3.9% increase […]
Trump Considers 10% Tariffs on EU, Discusses Potential Ban on TikTok and Chinese Electric Cars The US president is reportedly considering imposing a 10% universal tax on the European Union if he wins re-election. He may also invoke Section 301 of the Trade Act to counter Europe's digital services tax...
Tesla Faces Uncertain Future: Could it Lose its Place Among Tech Giants? [text] Tesla's fourth-quarter earnings in the U.S. were below expectations, and the outlook for the year is not good. As a result, Tesla may drop out of the 'Magnificent Seven'. Tesla's growth has been slowing due to slowing demand for electric vehicles and competition from Chinese EV makers...
Biden Falls Behind Trump Mentioning 'Samsung's Successful Salary President Biden touts economic achievements with Samsung. Emphasizes job creation, boosting semiconductor production and U.S. investment. Condemns former President Trump and emphasizes economic growth. Trailing by 6 percentage points in head-to-head matchup.
'Trump Was Right on Some Issues,' Admits JP Morgan CEO Jamie Dimon JPMorgan Chase CEO Jamie Dimon said he will take a cautious stance on the U.S. economy. He warned that financial and geopolitical risks will affect the US economy, and criticized the rise of the stock market as a small pill to lure the economy into optimism...
IMF Warns: AI to Transform 40% of Global Jobs, Positively or NegativelyIMF predicts AI will impact 40% of global jobs, with developed nations experiencing greater effects; retraining and safety nets needed.
Bitcoin Spot ETF Approval Gives Boost to US Stocks, Coinbase Gains 5%After the approval of a Bitcoin spot ETF by the SEC, U.S. Bitcoin-related stocks like Coinbase and MicroStrategy show strength.
Sam Altman Invests in 125 Startups: Is He the Next Elon Musk?OpenAI's CEO, Sam Altman, invested $550 million in 125 startups, focusing on energy, biotech, and cutting-edge technology fields.
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