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Major moments in the history of the stock market, from the birth of stock exchanges to catastrophic market crashes and more.
The S&P 500 is close to 6,000, and the Dow is up over 400 points as a strong jobs report boosts market sentiment.
Live Market Information Investors cheered a stronger-than-expected jobs report that eased concerns about economic growth on Friday, which led to an increase of more than 400 points for the Dow Jones Industrial Average and a brief crossing of the 6,000 level for the S&P 500.
By Md. Tapu Loskor8 months ago in Trader
Forex Traders in South Africa.. AI-Generated.
10 Richest & Most Successful Forex Traders in South Africa Introduction South Africa is home to some of the most ambitious and resilient Forex traders in the world. With a fast-growing online trading culture, low barriers to entry, and a growing appetite for financial independence, South Africa has produced a wave of successful traders—some becoming millionaires by their mid-20s.
By Pooja Verma8 months ago in Trader
Donald Trump says Elon Musk has 'lost his mind' as public feud escalates
Start writing... Trump's feud with Elon Musk, a billionaire businessman, has reached new heights, with Trump publicly claiming that Musk has "lost his mind." This statement was made following a series of increasingly heated exchanges between the two prominent figures, who were previously regarded as allies. The conflict demonstrates the widening divide in the United States between political power and technological influence. Musk's open criticism of Trump's proposed economic policies, particularly the "One Big Beautiful Bill," a massive tax and spending package designed to reshape the American economy, sparked the public outcry. Musk warned that the bill would damage long-term economic stability and increase the national debt, describing it as irresponsible and dangerous. Musk was accused of betrayal and instability by Trump, who responded by declaring that the Tesla and SpaceX CEO had "lost his mind." The argument quickly became personal. On social media, Musk responded by suggesting that Trump's leadership was seriously flawed and that the former president might be involved in scandals related to the notorious Jeffrey Epstein case. Even though Musk didn't provide any evidence, his rumors drew a lot of attention and criticism. Trump, on the other hand, called Musk "unhinged" and "erratic" in his defense of the allegations, calling them baseless and defamatory. This dispute has not been confined solely to words. Additionally, there have been financial repercussions. Tesla's stock value plummeted significantly following the public exchanges, reportedly erasing tens of billions in market capitalization in a matter of days. In the midst of the controversy, Trump's own media company also saw its stock value decrease. The unpredictability of both men and their growing hostility were cited as causes for investors' concern. Business leaders were concerned about Trump's hints that the federal government might reconsider contracts with Musk's companies if he were reelected, which raised concerns about political interference in private business. Musk responded by suggesting that he might lend his support to third-party political endeavors and even floated the concept of establishing a brand-new center-right political movement known as "The America Party." Political analysts believe that dissatisfied voters looking for alternatives to the two-party system could adopt the concept, despite the fact that it is still speculative. The increasing overlap of politics, business, and the media in American society is exemplified by Trump and Musk's conflict. Both men have large followings, control media cycles, and have an impact on millions of social media followers. Their conflict, which is marked by dramatic insults and pointed accusations, has been compared to rivalries on reality television or in schoolyards. The spectacle has been derided by critics from both the political right and the left. The conflict was characterized as immature by prominent television personalities, and lawmakers expressed concern about the nation's global image as a result of such behavior. Republican strategists warned that infighting among conservative figures could weaken the party's unity prior to the elections in 2026, while Democratic Representative Alexandria Ocasio-Cortez stated that the conflict was "inevitable" due to the egos involved. Trump and Musk appear unwilling to back down despite the heated exchanges of words. Trump maintains that Musk uses his platform irresponsibly and is out of touch with political reality. Musk, on the other hand, insists that he is opposing corrupt leadership and flawed policies and standing up for American values. The feud continues to be a topic of national conversation as both figures continue to mobilize their respective bases. It is still unknown whether the conflict will cause long-term harm to the political or economic systems. A new type of power struggle in which traditional political figures and tech billionaires compete for influence over the future of the United States is exemplified by the feud between Trump and Musk. Although it is yet to be determined whether or not this conflict will become a defining feature of the upcoming political cycle, it is currently one of the most talked-about stories in the country.
By GLOBAL NEWS8 months ago in Trader
Trump and Musk enter bitter feud - and Washington buckles up
Washington is shaken by the Trump-Musk spat. This week, former President Donald Trump and tech billionaire Elon Musk began a fierce public feud that is already reshaping Washington and Silicon Valley's political and business dynamics. What started out as a few sharp words quickly turned into a full-blown fight between two of the most powerful and divisive people in American history. The feud began when Musk criticized Trump’s economic plan, calling it reckless and shortsighted. Trump responded to Musk's claims that he was ungrateful, disloyal, and overrated on his social media platforms. Media outlets, political commentators, and business analysts immediately responded to the exchange, with many noting the significant repercussions. Musk, who has previously aligned with conservatives on issues like free speech and regulation, suggested that Trump’s influence on the Republican Party is toxic and outdated. Trump retaliated by threatening to cut government ties with Musk-affiliated companies, including Tesla and SpaceX. He even called for an investigation into Musk's business practices and investments abroad. Musk's suggestion that Trump's name might be in sealed files related to high-profile criminal investigations marked a stunning escalation. Though no evidence was presented, the claim went viral and sparked outrage from Trump supporters. Musk’s defenders argued that he was simply calling for transparency and accountability.
By GLOBAL NEWS8 months ago in Trader
From Beginner to Pro: Your Ultimate Trading Journey Starts Here
The Morning That Changed Everything It was a rainy Tuesday morning when Arman Ahmed, a 26-year-old from Karachi, Pakistan, sat in his small bedroom staring at a flickering laptop screen. Coffee in one hand, YouTube tutorials on the other, he was watching yet another “How to Trade Forex” video. The speaker promised $1,000 profits in 24 hours. But deep down, Arman knew better.
By Anees Kaleem8 months ago in Trader
Did China Really Ban Bitcoin Ownership?
China has been the source of numerous waves of uncertainty in the cryptocurrency industry for more than a decade. From headline-grabbing mining bans to strict crackdowns on exchanges, the Chinese government has long maintained a complex — and often contradictory — relationship with Bitcoin and other digital currencies.
By ARJU RAHMAN 8 months ago in Trader
Jerome Powell: The Fed Chair Who Shaped America's Economic Future. AI-Generated.
Introduction: The Most Powerful Man in the Global Economy? When people talk about power in Washington, they usually name the President or perhaps the Supreme Court justices. But investors know another name: Jerome Powell. As Chair of the U.S. Federal Reserve, Powell controls the flow of money in the world’s largest economy — a role so influential that a single speech of his can wipe billions off the stock market or trigger global currency shifts.
By Trend Vantage8 months ago in Trader
Trump Meme Coin Team Is Launching a Crypto Wallet, President's Sons Deny Involvement
**The Trump Meme Coin Team Is Creating a Cryptocurrency Wallet; The President's Sons Deny Being A Part Of It** The group behind the so-called "Trump Meme Coin" has announced plans to launch a new cryptocurrency wallet, which is a surprising development in the ever-evolving field of cryptocurrencies with political themes. The move aims to expand the coin's ecosystem, offering users a dedicated platform to store, trade, and potentially stake their holdings. However, the announcement has reignited controversy over the use of former President Donald Trump's name and likeness—especially amid ongoing denials from his family that they are in any way affiliated with the project.
By GLOBAL NEWS8 months ago in Trader
Martin Lewis says 'check now' as millions of UK shoppers owed up to £70
Millions of UK shoppers owe up to £70, and Martin Lewis says, "Check Now." Money-saving expert Martin Lewis has once again issued a crucial alert to UK consumers, urging them to act swiftly as they could be entitled to a refund of up to £70. The warning comes amid growing evidence that millions of Americans may have paid too much for certain goods and services in recent years without realizing it. According to Lewis, founder of MoneySavingExpert.com and one of the UK’s most trusted financial voices, now is the time to "check now" as time-sensitive claims could result in valuable refunds for affected consumers. The issue relates to a variety of overcharges, class action claims, and mis-sold services, all of which could leave eligible shoppers with significant compensation.
By GLOBAL NEWS8 months ago in Trader
UK to build up to 12 new attack submarines to 'face down Russian aggression'
"Face Down Russian Aggression": The United Kingdom will construct up to 12 new attack submarines. The United Kingdom has announced plans to construct up to 12 next-generation attack submarines in a bold move to improve its maritime defense capabilities. The nation's growing concern over Russia's growing military activities, particularly in the North Atlantic and Arctic, is reflected in the decision. According to British officials, this ambitious submarine program is a crucial step in preserving strategic advantage and ensuring national security in the face of rising global tensions. The UK Ministry of Defence made the announcement as part of a larger update to the defense strategy. The growing threat posed by Russian naval activity, which has intensified since the beginning of the Ukraine conflict and has extended into sensitive maritime zones close to NATO member territories, was emphasized by senior military officials and the British Prime Minister. The investment, according to the UK Defense Secretary, is necessary to "face down Russian aggression" and uphold the nation's commitments to NATO and global security. The old Astute-class submarines that are currently in service will be replaced by the new submarines, which are a part of the so-called "SSN-AUKUS" class. These nuclear-powered submarines will have improved weapons systems, advanced stealth capabilities, and cutting-edge sonar and communication technologies. The new fleet, which was made to be interoperable, will also be in line with the AUKUS defense pact, which is an alliance between Australia, the United Kingdom, and the United States. This means that the three countries' strategic military cooperation is getting stronger. Australia and the United Kingdom will share designs and nuclear propulsion technology under the AUKUS arrangement, allowing both nations to simultaneously enhance their underwater deterrent capabilities. The SSN-AUKUS class is a significant step forward in British submarine design because it combines decades of experience in naval engineering with the most recent technological advancements. The submarines are expected to be mostly built at the BAE Systems shipyard in Barrow-in-Furness, one of the best submarine manufacturing facilities in the UK. The initiative is anticipated to sustain long-term employment in the defense industry, particularly in northern England and Scotland, and to create thousands of high-skilled jobs. This program, which is being hailed as one of the largest military procurements in the history of the United Kingdom, will receive funding in the amount of billions of pounds from the government over the course of the next two decades. The new submarines, according to Admiral Sir Ben Key, First Sea Lord of the Royal Navy, would give the UK a decisive underwater edge by protecting allied carrier strike groups, tracking adversary vessels, and conducting covert intelligence operations. He stated, "These submarines will be silent, lethal, and at the forefront of our maritime capabilities," and he added that their deployment will be necessary to protect both national and allied interests. However, critics have questioned the program's costs, particularly in light of economic pressures and rising demands for public expenditures. In order to obtain assurances that the submarine project will deliver long-term strategic value without compromising investment in other public sectors, some Parliamentarians have demanded greater transparency in defense spending. Nuclear propulsion's effects and the difficulties of managing radioactive waste have also sparked concern among environmental groups. In spite of these concerns, it would appear that the majority of people support expanding the nation's defenses, particularly in light of the growing instability of the geopolitical situation. The public's support for increased military readiness has been reinforced by the Royal Navy's recent encounters with Russian vessels near British waters, cyber intrusions, and military provocations. The first of the new submarines is expected to enter service at the beginning of the 2030s, and the entire fleet is expected to be in place by the middle of the 2040s. The fleet will be a crucial part of the UK's projection of naval power once it is operational, and it will be able to carry out global operations in conjunction with NATO and other allied forces. The UK's commitment to building these advanced submarines reflects a strategic shift toward deterrence, resilience, and readiness as global rivalries continue to reshape defense priorities. The new SSN-AUKUS class submarines may prove to be one of the most important assets in the UK's military arsenal for decades to come in a world where underwater warfare and covert naval operations play an increasingly important role.
By GLOBAL NEWS8 months ago in Trader
