U.S. stocks were higher in premarket trading on Tuesday after recession fears roiled markets in the previous session. The Dow Jones Industrial Average was up 50 points, or 0.14%, while the Nasdaq Composite and S&P 500 rose 0.26% and 0.2%, respectively. The major indexes tumbled on Monday, with concerns about the effects of President Donald

Tesla stock plunged on Monday with its largest single-day decline in several years amid a broad-based market sell-off amid concerns about a potential recession and uncertainty over President Donald Trump’s tariff plans. Tesla shares declined 15.4% during Monday’s trading session amid weakness in the electric vehicle (EV) industry. That was the largest single-day percentage decline since

U.S. stocks tumbled on Monday on concerns about the effects of President Donald Trump’s tariffs on economic growth spooked investors. The Dow Jones Industrial Average fell 961 points, or 2.25%, while the Nasdaq Composite and S&P 500 were down 4.3% and 2.95%, respectively. The tech-heavy Nasdaq is on track for its worst day since September 2022; the S&P 500

Shares of Novo Nordisk slipped in Monday morning trading after the company announced results of its latest weight-loss drug trial.  Novo’s results from its Redefine 2 late-stage trial of CagriSema showed that patients on the highest dose of the drug lost 15.7% of their weight. Patients who were placed on the placebo lost 3.1%, according

Cryptocurrency exchange Kraken is preparing for an initial public offering next year, according to Bloomberg.  The IPO is expected to take place during the first quarter of 2026 and comes amid the Trump administration’s pro-stance on digital assets. The company, in a response to Bloomberg, indicated it is monitoring the best time for a potential

President Trump, late Thursday, signed an executive order to establish a Strategic Bitcoin Reserve. Crypto Czar David Sachs celebrated the move via a post on X.  “The Reserve will be capitalized with Bitcoin owned by the federal government that was forfeited as part of criminal or civil asset forfeiture proceedings. This means it will not

Drugstore chain Walgreens Boots Alliance announced on Thursday that it will go private. The struggling company entered into an agreement with private equity firm Sycamore Partners valued at $10 billion. Sycamore will pay $11.45 per share, a premium of 8% to the stock’s closing price of $10.60 on Thursday. Shares of the company rose nearly