Finance News – U.S.
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German defense firm Renk looks to struggling auto sector for new talent as it scales up
German defense companies, including Renk, are increasingly seeking skilled professionals from the weakened automotive industry to support their expansion and meet growing demands i...
Read Full Article →Federal trade court strikes down Trump's reciprocal tariffs
The ruling on the legality of Trump's import tariffs under the International Emergency Economic Powers Act may influence future trade policies and affect market dynamics across var...
Read Full Article →Bank of Korea lowers interest rates for the fourth time, flags more cuts ahead
The recent reduction in policy rates by the Bank of Korea reflects efforts to stimulate economic activity amid ongoing political challenges, signaling a potentially more accommodat...
Read Full Article →Trade court strikes down Trump tariffs: What it means for markets — and what’s next
The recent ruling invalidating most tariffs imposed during the previous administration has introduced uncertainty into trade policies, potentially affecting investor confidence and...
Read Full Article →Nvidia beats on earnings and revenue as data center sales jump 73%
Nvidia's strong financial results were driven by a substantial increase in data center demand, contributing significantly to its overall revenue growth during the recent quarter.
Read Full Article →Salesforce turns in strong results and optimistic forecast
Salesforce reported higher-than-expected earnings and raised its future guidance, demonstrating resilience amid recent trade policy challenges affecting import costs.
Read Full Article →U.S. stock futures jump as federal trade court blocks Trump’s sweeping tariffs
The ruling by a federal trade court limiting presidential authority on tariffs has led to increased optimism in the market, causing futures tied to U.S. stocks to rise significantl...
Read Full Article →Xi wants to boost China's advanced manufacturing prowess — and Trump may not like it
China's increased focus on developing high-tech manufacturing capabilities could impact trade negotiations by potentially conflicting with key economic priorities emphasized by the...
Read Full Article →Why Salesforce's beat-and-raise quarter isn't quieting the stock's doubters
Despite exceeding expectations and raising guidance this quarter, Salesforce's financial performance still faces skepticism from some investors, although its long-term outlook rema...
Read Full Article →Here’s why Nvidia’s stock is climbing despite a disappointing forecast
Nvidia’s stock is rising as investors focus on its strong performance in markets beyond China and potential future expansion, despite the company’s less optimistic financial outloo...
Read Full Article →Nvidia CEO Jensen Huang explains why chip exports to China are strategically important
Nvidia’s CEO emphasized that continuing chip shipments to China plays a crucial role in maintaining global market competitiveness and fostering long-term growth opportunities withi...
Read Full Article →Nvidia CEO Jensen Huang hammers chip controls that 'effectively closed' China market
The restrictions on chip technology have significantly impacted Nvidia's access to the Chinese market, potentially influencing the company's revenue and growth opportunities in a m...
Read Full Article →E.l.f. Beauty turns to Hailey Bieber for help as tariffs cloud the company’s outlook
E.l.f. Beauty’s planned acquisition of Rhode, led by Hailey Bieber, represents a major investment aimed at strengthening its market position amid uncertainties caused by trade tari...
Read Full Article →Tesla investors demand Musk work 40-hour week at EV maker as 'crisis' builds
Some Tesla shareholders, including pension funds, believe increased time commitment from CEO Elon Musk is crucial to address ongoing challenges and protect their investments in the...
Read Full Article →HP sinks 15% as company misses on earnings, guidance due to 'added cost' from tariffs
HP's stock declined sharply after the company reported earnings and future projections that fell below expectations, attributing part of the shortfall to increased expenses linked...
Read Full Article →What if baby bonds could solve the retirement crisis instead of being just an extra giveaway in the...
Providing individuals with initial financial assets early in life could potentially enhance long-term economic security and address retirement challenges more effectively than temp...
Read Full Article →Chip software stocks sink on report Trump ordered halt to China sales
Shares of semiconductor software companies declined following regulatory warnings and government directives restricting sales to Chinese firms, highlighting increased concerns over...
Read Full Article →Salesforce’s stock rises as earnings show an AI boost — with more to follow
Salesforce’s improved earnings reflect growing revenue potential from enhanced AI-driven automation on its Agentforce platform, indicating continued financial growth opportunities...
Read Full Article →Mark Zuckerberg says Meta AI has 1 billion monthly active users
Meta's AI assistant reaching one billion monthly users highlights the platform's extensive engagement, potentially increasing advertising revenue and strengthening the company's po...
Read Full Article →Trump gets asked about Wall Street's 'TACO Trade.' He doesn't like it
The term referencing Trump’s cautious approach to financial matters highlights market perceptions that may influence investor confidence and impact economic outcomes related to his...
Read Full Article →Nvidia beats on earnings again — even while it's locked out of China
Nvidia’s robust first-quarter results highlight its continued financial strength and high profitability, demonstrating resilience amid challenges posed by U.S. trade limitations af...
Read Full Article →Here’s the truth about stock-market summer rallies and the June swoon
Seasonal trends in equity markets often do not guarantee profits, and relying solely on such patterns may overlook broader economic factors affecting overall financial performance.
Read Full Article →Elon Musk has to work 40 hours a week at Tesla, top investors say
Major institutional investors managing nearly a trillion dollars emphasized the importance of consistent leadership hours for Tesla’s CEO, highlighting potential impacts on the com...
Read Full Article →Trump administration rescinds Biden-era caution about crypto in 401(k) plans: What that means for yo...
The removal of previous restrictions on digital assets in retirement accounts could gradually influence investment strategies and potentially impact long-term financial planning fo...
Read Full Article →Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show
Officials expressed concern that potential increases in tariffs might intensify inflationary pressures, complicating decisions regarding monetary policy adjustments and impacting o...
Read Full Article →J.D. Vance calls AI a ‘communist technology.’ Is there partisan bias in tech’s new tools?
Concerns raised by political figures about artificial intelligence highlight potential impacts on cryptocurrency markets and suggest growing scrutiny of technology developments acr...
Read Full Article →Here's what's behind China's IPO crackdown
Shein’s decision to potentially withdraw from a public offering in London highlights the broader regulatory challenges impacting initial public offerings in China, affecting invest...
Read Full Article →Healthy Returns: RFK Jr.’s Covid vaccine recommendation change could threaten health, access
The CDC’s revised guidance on Covid vaccinations for certain groups may impact healthcare demand, coinciding with Hinge Health’s entry into public markets, which could influence in...
Read Full Article →An Abbott competitor drops out — plus, a special circumstance for Nvidia earnings
The withdrawal of a key player in the medical sector and an unusual factor affecting Nvidia's quarterly report may influence market dynamics and investor strategies in the near ter...
Read Full Article →Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Palantir's collaboration with Fannie Mae aims to enhance fraud detection in mortgage applications using artificial intelligence, potentially reducing financial losses while safegua...
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