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U.S. draws more battery and EV manufacturing

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Japan’s Honda and South Korea’s LG have teamed up to build a $4.4 billion dollar lithium-ion battery plant for EV’s in the U.S.  

The new factory is a huge investment. But it’s still unclear where it would be built, reports mention it could be in Ohio, where there is already a large Honda factory.

And the Ohio Governor is cooperating with Honda and LG “to ensure that they choose Ohio for this new electric battery plant.” 

The goal for the companies is for the production capacity of 40 gigawatt hours, with the batteries to be used for Honda and Acura models across North America.

And lately, there’s also been a big push by the Biden administration to draw more battery and EV production to the united states.

Recently, Biden signed a $430 billion dollar climate, health care and tax bill, which also includes a section on Electric vehicles.

And it states that EV’s made outside of North America will not be eligible for tax credits.

White House Deputy National Climate Advisor Ali Zaidi said: Another day, another massive investment catalysed by President Biden’s bold climate agenda.

And U.S. Energy Secretary Jennifer Granholm said: “Big things happen when the public and private sectors work together.

And theirs been other policy changes too: 

The U.S. state of California announced that all new vehicles sold in the state by 2035 will either be electric or plug-in electric hybrids.

It seems new incentives by the government, are working to speed up America’s shift to electric vehicles.  

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Tech stocks slide as investors rotate into small-cap and value plays

Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

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Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.

U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.

Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.

Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.

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U.S. markets mixed as tech slumps and Fed moves spark uncertainty

Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.

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Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.


US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.

Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.

We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.

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#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights


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Tech stocks and Bitcoin tumble amid market uncertainty and rising job concerns

Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.

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Wall Street plummets as tech stocks and Bitcoin fall, raising concerns about job market and economic stability.


Wall Street took a sharp hit Thursday as technology stocks and Bitcoin plunged, reigniting worries over the job market and global economic stability. Kyle Rodda from Capital.com breaks down how Alphabet and Qualcomm’s earnings may signal broader tech weakness.

Bitcoin’s recent drop also rattled crypto markets, with Coinbase shares falling sharply. Rodda explains how much of the decline is driven by market fundamentals versus shifting investor sentiment, and how rising AI expenditures are affecting investor confidence in tech.

The surge in unemployment claims, coupled with falling bond yields, is prompting concern over overall market stability.

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#WallStreetCrash #TechStocks #BitcoinDrop #MarketVolatility #JobMarket #InvestingTips #CryptoNews #Ticker


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