JPMorgan CEO Jamie Dimon Sells $31.5M in Shares as Succession Plans Take Shape
Jamie Dimon, JPMorgan Chase's long-serving CEO, has sold $31.5M worth of shares amid talks of leadership transition by 2026. The sale follows a larger $150M stock offload in February 2024, marking a shift from his historical pattern of long-term holding.
The $70 Million Trade: Insider Information Suspected in Record-Breaking Market Move
A mysterious trader turned $2.5 million into $70 million in under an hour through perfectly-timed options trades before market-moving Trump news. The suspicious timing and unprecedented profits have sparked calls for increased scrutiny of zero-day options trading and market information flows.
Markets Plunge as Trump Stands Firm on Trade War with China
Wall Street faced its worst decline since 2020 as Trump doubled down on tariff policies against China, sending the S&P 500 near bear market territory. The President remained unmoved by market turbulence while global stocks tumbled and U.S. companies with Chinese exposure suffered significant losses.
Global Markets Plunge as Trump Unveils Unprecedented Import Tariffs
U.S. stock markets suffered their worst decline in five years following President Trump's announcement of sweeping new import tariffs affecting major trading partners. The dramatic policy shift threatens to disrupt global trade and push economies toward recession, with tariffs ranging from 10% to 46% on imported goods.
Global Markets Tumble as Trump's 'Liberation Day' Trade Policy Looms
Stock markets worldwide face turbulence as investors brace for Trump's imminent 'Liberation Day' trade policy changes, with major indices recording significant losses. Safe-haven assets surge while Goldman Sachs raises recession probability to 35% amid concerns over planned reciprocal tariffs.
Auto Loan Defaults Hit 30-Year High as Financial Pressures Mount
Car loan delinquencies have reached their highest level since 1994, with over 6.5% of subprime borrowers falling behind on payments. The crisis reflects broader economic challenges as Americans struggle with record-high car payments, depleted savings, and persistent inflation impacts.
Market Turmoil: Dow Suffers Worst Single-Day Drop of 2025 as Trump Tariff Fears Mount
Wall Street experienced a dramatic selloff with the Dow plunging 748 points amid concerns over proposed Trump administration tariffs and worrying economic data. Consumer sentiment hit lows while inflation expectations reached a 28-year high, driving investors toward defensive sectors.
Cathie Wood's Ark Invest Offloads $7M in Robinhood Shares Amid Market Shifts
Prominent investment firm Ark Invest, led by Cathie Wood, has sold nearly $7 million worth of Robinhood stock through its Innovation ETF. The sale comes as Robinhood faces regulatory challenges and expands into new trading markets, including Bitcoin and commodities futures.
Alphabet Stock Plunges 6% as Cloud Revenue and AI Costs Worry Investors
Google parent company Alphabet saw its shares tumble after disappointing quarterly results, particularly in its cloud division, amid increased AI investments. The revenue miss and growing expenses raised concerns about the company's competitive position against rivals Microsoft and Amazon.
Yuan Weakens Amid US-China Trade Tensions While Yen Strengthens
Chinese currency faces downward pressure as Beijing announces retaliatory measures against US tariffs, highlighting growing market uncertainty. Meanwhile, Chinese tech shows resilience with DeepSeek's new chatbot launch, though trade concerns persist.