Meta Platforms Inc. (META) shares experienced a significant decline on Thursday, mirroring the broader market weakness that impacted social media and technology stocks. This downturn was attributed to a confluence of factors, including tariff threats, weaker inflation data, and broader tech sector struggles.
Goldman Sachs predicts a surge in U.S. copper imports due to anticipated tariffs, potentially leading to a global deficit in 2025 and higher prices. The largest U.S. producer, Freeport-McMoRan, stands to benefit significantly from this scenario, especially if copper is classified as a critical mineral.
U.S. senators have voiced concerns about Pfizer's financial relationship with UpScriptHealth, questioning potential violations of the Anti-Kickback Statute due to their recently launched PfizerForAll digital platform. They worry the platform may influence patient prescriptions and cause unnecessary Medicare expenditures.
Researchers were granted rare access to the Daisen kofun, a keyhole-shaped imperial burial mound dating back to the fifth century, marking the first time scholars have been allowed to step foot on the sacred site since the end of World War II. This unprecedented opportunity allows for further investigation of the mysterious mound and its potential connection to Emperor Nintoku.
The US stock market experienced a volatile Wednesday, with the S&P 500 gaining 0.5% after a positive inflation report, but concerns about President Trump's trade war continued to weigh on investor sentiment. The trade war has already begun to impact consumer and business confidence, and its long-term impact on the US economy remains unclear.