Matthew Griffin

Shares of Michael Saylor’s Strategy are on track to fall nearly half from their peak as investors fret about economic headwinds and retreat from cryptocurrency-related bets that had initially benefited from Donald Trump’s election win.

What had been a steady pullback from the US stock market accelerated sharply Monday as investors retreated from virtually every type of risk and economic fear raced across Wall Street.

Robinhood Markets Inc. shares saw their worst week since December 2021, a sharp pullback from a crypto-fueled surge that followed the election of President Donald Trump.

Cryptocurrency-linked stocks sank on Monday after the success of a low-cost Chinese AI model shook investor confidence, sparking a retreat from risky assets and pummeling shares of companies that were set to benefit from the surge of spending on AI data centers.

One trading day into Donald Trump’s second term and it’s clear the stock market has a new driver, at least for now. Share prices rallied Tuesday, with gains largely generated by one thing the president didn’t do: enact sweeping tariffs on major trading partners.

Good morning. China’s central bank will step up support for tech and consumers. Wall Street banks are quitting a once-popular climate alliance. And Chinese cat owners have a new use for Covid pills. Listen to the day’s top stories.

Good morning. Tesla’s annual sales drop. China plans export curbs on battery parts and mineral technology. And buying a Rolex watch just got pricier. Listen to the day’s top stories.

President Biden’s New Deal-inspired green jobs program has been a target of Republican criticism.

Capital has stalled as financers and founders confront the prospect of a second Trump presidency and its impact on carbon-cutting technologies.

As climate change spurs extreme rain, more than 40,000 properties have received multiple costly flood insurance payouts — up from 10,000 in 2000.