Visa and Mastercard dominate credit card transactions, charging US merchants significantly higher fees than elsewhere. Unsurprisingly, US merchants are desperate to escape these hundreds of billions in costs.

On 23 June 2025, Holcim will separate into two distinct entities: Amrize and Holcim. Shareholders will receive one share of Amrize for each share of Holcim held (1:1 ratio). Amrize will comprise Holcim’s North America operations, while the remaining company—Holcim (RemainCo)—will retain all assets and operations outside the United States and Canada.

Following the sharp decline recorded on DeepSeek Day (27 January 2025), the hardest-hit stocks have, on average, recovered 89% of their losses as of 19 February 2025 close.

2025 outlook