Finance News – U.S.
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Intel stock climbs 7% on report Trump administration is considering stake in chipmaker
The potential investment by the U.S. government in Intel could provide additional capital to support the company's ongoing semiconductor manufacturing projects in Ohio.
Read Full Article →Mortgage rates reach lowest level since October
Recent data from Freddie Mac indicates that borrowing costs for home loans have decreased consecutively over the past month, marking their lowest point in almost a year.
Read Full Article →Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts
David Zervos of Jefferies supports substantial reductions in interest rates despite recent data indicating stronger inflationary trends, suggesting a shift in monetary policy could...
Read Full Article →Why investors shouldn’t try to be a 'hero' in this economy, analyst says
In a potentially unstable economic environment, cautious investment strategies are important as upcoming weak data might increase market volatility and negatively impact financial...
Read Full Article →Coach parent company expects to lose $160 million to tariffs this year
Tapestry anticipates substantial financial impact from increased tariffs this year, resulting in significant added expenses that exceed earlier projections according to the company...
Read Full Article →Tariff-driven price hikes may be hidden by products stuck in 'the middle mile'
The financial impact of increased tariffs has not fully materialized in consumer prices, as many goods remain delayed within intermediate transportation stages, temporarily conceal...
Read Full Article →What Apple's big win with its blood oxygen feature means for your watch
The addition of advanced health monitoring capabilities is expected to enhance the Apple Watch's market appeal, potentially driving increased sales and strengthening the company’s...
Read Full Article →Palantir's astronomical growth in 3 charts
Palantir has experienced substantial financial expansion, reflecting its increasing market value and investor interest, partly influenced by leadership from notable figures such as...
Read Full Article →Why tariff-driven inflation and a weakening labor market haven’t been bad for U.S. stocks
Despite rising production costs and signs of slowing employment growth, U.S. equities have maintained elevated levels, indicating investor confidence amid economic challenges and s...
Read Full Article →Goldman Sachs says the risk of stock-market decline has suddenly spiked
Recent analysis from a leading investment bank indicates an increased probability of a downturn in equity markets, which could influence investor strategies and capital allocation...
Read Full Article →Intel has 18 months to determine its future — or Qualcomm and Arm will
Intel faces a critical decision within the next 18 months that could significantly impact its market position, potentially allowing competitors like Qualcomm and Arm to gain a stro...
Read Full Article →Bullish’s stock is still rallying, as the IPO market refuses to take a summer break this year
Despite August usually being a slow period for public offerings, strong performances from companies like Bullish, Figma, and Firefly Aerospace are driving increased activity and in...
Read Full Article →Union asks lawmakers to help Boeing defense workers on strike
The IAM Union appealed to Missouri legislators to support ongoing negotiations with Boeing, aiming to address the financial impacts experienced by thousands of defense employees in...
Read Full Article →Tapestry shares plunge 15% as Coach parent says tariffs will bite into profits
Tapestry anticipates that increased import taxes amounting to $160 million annually will adversely affect its earnings forecast, leading to a substantial decline in the company’s s...
Read Full Article →John Deere forecasts $600 million in tariff impacts this year
John Deere anticipates substantial financial challenges this year due to increased import taxes, which are expected to significantly affect their overall profitability despite stro...
Read Full Article →Klarna credits AI for revenue boost as its growth surges
The company reported a 20% increase in second-quarter sales, attributing this financial improvement to the implementation of artificial intelligence technologies that have positive...
Read Full Article →What's behind the $8 billion hit to Saudi Arabia's massive wealth fund
Despite recent challenges resulting in substantial losses, Saudi Arabia's sovereign wealth fund experienced a notable increase in assets last year, reinforcing its position among t...
Read Full Article →Consumers are losing patience with $17 salads. Have we reached peak ‘slop bowl’?
Recent earnings from prominent fast-casual restaurants triggered unprecedented stock declines, highlighting investor concerns amid a challenging period for the sector and renewed i...
Read Full Article →Apple Watch getting redesigned blood oxygen feature following legal dispute
Apple is updating the blood oxygen functionality of its smartwatch after a legal ruling determined that certain sensor technologies infringed on another company's patented innovati...
Read Full Article →Foxconn, the largest iPhone manufacturer, churned record profit building AI servers
Foxconn experienced substantial financial gains attributable to its AI server production, with the company anticipating a significant increase in revenue from this sector in the up...
Read Full Article →Economist Sumerlin confirms he's in the running for Fed chair, backs big interest rate cut
Economist Sumerlin, a potential candidate for Fed chair, emphasized on CNBC that implementing a substantial reduction in the central bank's benchmark interest rate is currently a s...
Read Full Article →Millennial and Gen Z customers are flocking to Coach. So why is Tapestry’s stock tanking?
Despite increased interest from younger consumers in Coach products, Tapestry’s latest financial performance failed to meet market expectations, leading to a notable decline in the...
Read Full Article →Deere sees weak sales of large turf equipment, and oversupply isn’t the only reason
Despite exceeding earnings forecasts, Deere faces ongoing revenue declines partly due to cautious consumer demand and persistent dealer inventory challenges affecting the large tur...
Read Full Article →Wholesale prices surged in July, reigniting inflation worries
The notable increase in producer costs during July highlights potential upward pressure on consumer prices, which may influence central banks to maintain or increase interest rates...
Read Full Article →AriZona Iced Tea is finding out how inflation-proof its 99-cent drinks really are
AriZona's leadership is evaluating the potential impact of increased aluminum costs on their product pricing and overall profitability amid changing economic pressures and import t...
Read Full Article →Meet the BLS nominee who economists on the left, right, and center agree is unqualified
E.J. Antoni's appointment raises concerns across the political spectrum due to limited experience, potentially impacting the Bureau of Labor Statistics' reputation and influencing...
Read Full Article →Tariffs and weak demand slash Deere’s quarterly profit by 25%
John Deere’s quarterly earnings declined significantly due to increased trade barriers, lower agricultural commodity values, and cautious purchasing behavior among farmers, prompti...
Read Full Article →Clash of the titans: The hottest momentum stock meets the most notorious short seller
Andrew Left's decision to short Palantir, one of the top-performing stocks in the S&P 500 this year, highlights a significant financial confrontation impacting market dynamics.
Read Full Article →Why both bulls and bears may want to be making the same bond-market trade
Investors with differing views on inflation trends may still engage in similar strategies within the bond market, anticipating changes in yield curves that could impact portfolio r...
Read Full Article →A deflationary shock is coming as America ages, veteran strategist warns
An aging population combined with limited immigration is expected to reduce consumer demand and slow economic growth, potentially leading to lower inflation or declining prices in...
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