Tag: Trump tariffs
Eli Lilly Raises 2025 Outlook Amid Strong Drug Sales
Second-Quarter Results Exceed Analyst Expectations Eli Lilly reported stronger-than-expected second-quarter earnings on Thursday, driven by surging demand for its weight loss and diabetes treatments. The [more…]
Novo Nordisk Slips on Q2 Miss and Copycat Drug Pressures
Weak Earnings Follow Downward Guidance Revision Novo Nordisk shares traded lower in premarket action Wednesday after the pharmaceutical company missed Wall Street expectations on both [more…]
Pfizer Lifts 2025 Profit Outlook on Strong Q2 Results
Better-than-expected earnings, cost cuts boost confidence Pfizer has raised its full-year profit forecast following a stronger-than-anticipated second quarter, citing effective cost reductions and improved performance [more…]
Reinhart Warns of Rising Recession Risk in U.S. Economy
Former World Bank economist cites tariffs, Fed tensions Carmen Reinhart, Harvard professor and former chief economist at The World Bank, is warning that recession risks [more…]
Markets Surge on Tariff Optimism, But Risks Remain
Stock Rally Fueled by Belief Trump Will Ease Tariff Pressure The sharp rebound in equity markets since early April appears driven by investors’ confidence that [more…]
Trump Proposes 35% Tariff on Canada, With Key Exceptions
Markets React to Surprise Tariff Letter President Donald Trump stunned markets this past week by announcing plans for a 35% tariff on Canadian imports. The [more…]
Brazilian Real Falls 2% After U.S. Tariff Shock
Trump’s move triggers currency drop below 5.60 per dollar Brazil’s currency tumbled sharply on Thursday, sliding 2% against the U.S. dollar in spot trading, after [more…]
IMF Flags High Risks Amid Trump’s New Tariff Wave
Global trade outlook remains fragile, warns IMF The International Monetary Fund (IMF) raised concerns on Thursday over the rising uncertainty in the global economy, following [more…]
India’s Stock Market Rebounds Amid Hopes for Trade Ease
Equity Indexes Rebound Amid Bargain Buying and Global Rally India’s benchmark equity indexes rose on Tuesday, lifted by bargain buying and a broader Asian rally, [more…]
Trump Tariffs Could Slash Thai GDP by 1.2 Points
InnovestX warns of worst-case scenario as reciprocal duties loom Thailand’s economy faces a significant hit if U.S. President Donald Trump moves ahead with sweeping reciprocal [more…]
