MNTN's spectacular IPO debut saw shares surge over 60% from $16 to $26, raising $187 million as investors rushed into the connected TV advertising platform backed by Hollywood star Ryan Reynolds.
President Trump postponed his threatened 50% tariffs on EU goods until July 9 after talks with Ursula von der Leyen, providing temporary relief to global markets and extending trade negotiations between the world's largest trading partners.
The US Treasury Department officially announces the end of penny production by early 2026, citing rising costs of 3.7 cents per coin and expected annual savings of $56 million for taxpayers.
President Trump threatens unprecedented 50% tariffs on EU goods starting June 1, 2025, escalating trade tensions and causing market volatility amid stalled negotiations.
Nike announces strategic price increases of $2-$10 on footwear and apparel while resuming direct sales on Amazon for the first time since 2019, marking a major shift in the company's distribution strategy under CEO Elliott Hill.
House Republicans narrowly passed Trump's massive tax and spending bill 215-214 after all-night negotiations, extending 2017 tax cuts and raising SALT deduction to $40,000 while adding $3.8 trillion to national debt.
Snowflake delivered impressive Q1 results with EPS of $0.24 beating estimates, 26% revenue growth to $1.04B, and raised its full-year outlook, sending shares soaring in after-hours trading.
OPEC+ members are discussing a third consecutive large oil production increase of 411,000 barrels per day for July, signaling a major policy shift that has already pushed prices toward four-year lows.
OpenAI acquires former Apple design chief Jony Ive's hardware startup io for $6.5 billion, marking its largest acquisition and signaling a bold move into AI-powered consumer devices with products expected in 2026.
