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US federal court rules Trump's 10% global import tariff exceeds authority, legal battles continue.

Market News
09 May 2026
NYTimes
View Source
Bearish
pluang ai news

A federal trade court ruled that President Trump's 10% tariff on most global imports exceeds his legal authority, though the tariff remains in place pending appeal. This ruling adds to ongoing uncertainty for businesses and consumers amid the trade war. The administration is also refunding $166 billion collected from previously struck-down tariffs, while other tariffs on cars and steel remain but may change. Trump plans to continue adjusting tariffs using different legal approaches despite court setbacks.

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63% of Bill Gates Foundation's stock portfolio is concentrated in 3 large-cap stocks.

63% of Bill Gates Foundation's stock portfolio is concentrated in 3 large-cap stocks.

The Bill Gates Foundation has invested 63% of its stock portfolio in just three large-cap companies. This high concentration indicates a focused investment strategy, which could mean higher risk if those stocks underperform but also potential for sig...

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Clean Energy Technologies gets Nasdaq notice for late 10-Q filing, risks delisting if not resolved by Nov 2026

Clean Energy Technologies gets Nasdaq notice for late 10-Q filing, risks delisting if not resolved by Nov 2026

Clean Energy Technologies, Inc. received a notice from Nasdaq on May 26, 2026, for failing to file its quarterly report (Form 10-Q) for Q1 2026 on time, violating Nasdaq Listing Rule 5250(c)(1). While the notice does not immediately affect trading, t...

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1 hour ago
S&P 500 hits record high despite 8 of 11 sectors falling, led by AI and tech gains.

S&P 500 hits record high despite 8 of 11 sectors falling, led by AI and tech gains.

In May, the S&P 500 reached a record 7,581, driven mainly by strong gains in AI-related technology sectors, especially semiconductor stocks like Dell, which saw a 30% jump on $16.1 billion in AI server sales. Despite this, eight of the eleven sectors...

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1 hour ago
Canborsa launches beta of first perpetual DEX for tokenized real-world assets with up to 20x leverage.

Canborsa launches beta of first perpetual DEX for tokenized real-world assets with up to 20x leverage.

Canborsa has launched the beta version of its decentralized exchange (DEX) on the Canton Network, enabling non-custodial perpetual trading of tokenized real-world assets like stocks, gold, oil, and cryptocurrencies with up to 20x leverage. The platfo...

Others
Bullish
2 hours ago
YieldMax to close and liquidate four ETFs by June 18, 2026, focusing on stronger funds.

YieldMax to close and liquidate four ETFs by June 18, 2026, focusing on stronger funds.

YieldMax announced it will close and liquidate four ETFs—ABNY, DISO, FEAT, and FIVY—by June 18, 2026, following a portfolio review. The decision aims to concentrate resources on ETFs with higher investor demand and better market traction. Trading for...

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