Crypto plunges as China’s 84% tariff sparks global risk selloff; Bitcoin dominance rises amid extreme fear and liquidity stress.
Analysis: Corporate credit tremors in aftershock of tariff-led stock rout
The tariff shock and recession fears that have sent world stocks into a tailspin over the last week are rolling into corporate funding markets, raising the cost of borrowing and disrupting financing plans even for lower-risk companies. With U.S. Treasuries nursing huge losses on Wednesday - the strongest sign yet that stress is impacting so-called safe-haven assets - attention has now turned to the $35 trillion global corporate bond market, which has swelled by around 40% since 2008 as companies gorged on cheap debt, OECD data shows. The premium investors demand to hold low-rated corporate credit versus government debt has soared by 100 basis points in a week, the biggest short-term move in so-called global junk bond spreads since the U.S. regional banking crisis in March 2023.
LunarCrush CEO warns crypto still small enough to be manipulated
LunarCrush CEO Joe Vezzani warns that crypto is still vulnerable to manipulation, hacks, and hype — and says long-term thinking is the only real defense
Tesla CFO sells $957K in stock amid waning sales
The finance chief’s third stock sale in as many months comes as Tesla continues to grapple with declining sales and uncertainty related to the Trump administration’s trade war.
BYD faces a roadblock in India — just as Tesla tries to expand in the world's 3rd largest auto market
India's commerce minister said the government has to be "convinced" BYD will "play by the rules" before the EV maker can expand in its market.
Pharma Stocks Sink as Trump Says 'Major' Tariffs Coming to Industry
Shares of several major pharmaceutical companies slumped Wednesday morning as President Donald Trump threatened tariffs on the industry.
Trump posts 'BE COOL!' and tells people 'this is a great time to buy' as his tariffs rattle world markets
Donald Trump tried to calm markets as traders continued to digest his sweeping tariffs.
US producers face tough choices on growth, capital returns as oil falls below $60
A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on measures including cuts to share buybacks and capital expenditures, analysts have said. Brent crude and West Texas Intermediate (WTI) futures slid to their lowest since February 2021, as sweeping tariffs imposed by U.S. President Donald Trump sparked concerns of a recession amid signs of higher supply from top producers. Raymond James analyst Pavel Molchanov said some producers might reduce 2025 capex if the downturn persists, though broader cuts will depend on the depth and duration of the slump.
Governments aren’t changing Bitcoin — ‘Bitcoin is changing them,’ says Bitcoin Bond CEO
Bitcoin Bond CEO Pierre Rochard says government adoption isn’t a compromise — it’s proof that Bitcoin is winning on its own terms.
Oil Stocks Fall as Crude Prices Plunge to Four-Year Low Amid Tariff Chaos
Oil and related energy stocks fell Wednesday as the price of crude dropped to its lowest level since 2021.