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Tesla already had big problems. Then Musk went to battle with Trump
Tesla's financial challenges intensified as declining sales and brand issues persisted, while CEO Elon Musk's public conflict with the president introduced additional uncertainties...
Read Full Article →Amazon delivery robots part of plan to automate $200B in logistics costs: analyst
Amazon’s development of advanced robotic delivery systems reflects a strategic effort to enhance efficiency and reduce expenses within the logistics industry, potentially impacting...
Read Full Article →Trump announces U.S.-China trade talks in London next week
Upcoming negotiations in London could influence economic relations and impact tariffs previously adjusted following early discussions between the United States and China, affecting...
Read Full Article →The 'cracks in the foundation' of the job market are starting to show, economist says—and the big pi...
Relying heavily on health care and hospitality positions, the labor market faces potential financial challenges as trade restrictions and reductions in government spending may thre...
Read Full Article →International stocks are ahead of the U.S. so far this year—how to add them to your portfolio
Investors may consider diversifying their holdings by including more global equities, as these have recently demonstrated stronger returns compared to many domestic markets, potent...
Read Full Article →Texas Roadhouse traffic rebounds. Here is what else the stock has going for it
The recent increase in customer visits to Texas Roadhouse suggests improving business performance, which could positively impact the company’s revenue and investor confidence durin...
Read Full Article →Winklevoss twins' crypto firm Gemini confidentially files for IPO
The confidential application for a public offering by Gemini marks a significant step in the firm’s growth, potentially increasing its capital and market presence within the crypto...
Read Full Article →Trump presses Fed chief Powell to cut interest rate by full point despite strong jobs report
Despite robust employment growth signaling economic strength, there is ongoing pressure from political leaders for the central bank to implement a substantial reduction in borrowin...
Read Full Article →Trump considers getting rid of his Tesla on heels of Elon Musk feud
President Trump's potential decision to sell his electric vehicle could impact the market perception of Tesla, reflecting underlying tensions with its CEO and possibly influencing...
Read Full Article →Omada shares pop 42% in Nasdaq debut after health tech company's IPO
Following its initial public offering, Omada Health experienced a notable increase in market value, reflecting growing investor interest amid a strengthening tech sector on the Nas...
Read Full Article →Swiss government proposes tough new capital rules in major blow to UBS
The Swiss authorities have introduced stringent regulations that compel UBS to increase its core capital reserves by $26 billion, potentially impacting the bank’s financial flexibi...
Read Full Article →Used vehicle prices ease from tariff fear-buying highs but remain elevated
Following a surge driven by concerns over potential tariff increases, used car prices decreased slightly last month but stayed relatively high compared to earlier periods.
Read Full Article →U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
The larger-than-anticipated rise in U.S. job additions suggests sustained economic growth, while the steady unemployment rate indicates continued stability in the labor market duri...
Read Full Article →This uranium company wants to break the grip that foreign state corporations have on U.S. nuclear fu...
The company aims to increase domestic uranium enrichment capacity, potentially reducing reliance on international suppliers and enhancing the security and stability of the U.S. nuc...
Read Full Article →DocuSign stock tanks 18% after company cuts billings outlook
DocuSign’s shares declined sharply as investors focused on the revised lower billing projections, despite the company reporting earnings and revenue that exceeded market expectatio...
Read Full Article →Why millions of Americans would lose health insurance under House GOP megabill
If the proposed legislation passes, a significant number of Americans could face disruptions in their health coverage, potentially impacting access to medical services and financia...
Read Full Article →Trump 'not interested' in call with Musk, White House official says
The disagreement between Elon Musk and President Trump over the tax legislation highlights potential divisions among influential figures regarding fiscal policy and its impact on e...
Read Full Article →Britain wants to lift a ban on a key crypto product — and catch up to the U.S.
The U.K.'s decision to allow sales of crypto exchange-traded notes to retail investors could influence market dynamics and align its regulatory approach more closely with that of t...
Read Full Article →Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease
The reduction in borrowing costs by Russian authorities marks a shift in monetary policy, potentially influencing lending activity and economic growth amid ongoing inflation concer...
Read Full Article →Tesla climbs in premarket trading as stock reels from Trump-Musk drama
Tesla’s stock experienced notable fluctuations in early trading following a public dispute involving Elon Musk and President Trump, resulting in a significant shift in the company’...
Read Full Article →At WWDC, Apple's AI strategy comes into question
Investors are closely monitoring how Apple plans to invest in and develop artificial intelligence technology, as competitors advance their AI hardware, potentially impacting the co...
Read Full Article →Peak private equity? Sector gets defensive about its ability to generate top returns
Private equity leaders at a major conference highlighted concerns about future profitability as decreased transaction volumes suggest a more cautious investment environment and pot...
Read Full Article →The world could be facing another 'China shock,' but it comes with a silver-lining: Cooler inflation
A renewed surge in Chinese manufacturing and exports may impact global markets significantly while potentially easing inflationary pressures in various economies worldwide.
Read Full Article →India's central bank beats market expectations to deliver outsized rate cut of 50 points
India’s central bank unexpectedly lowered interest rates by 0.5%, marking the third consecutive reduction since February and pushing borrowing costs below analysts’ anticipated med...
Read Full Article →Trump and Musk feud draws reactions from billionaires, politicians and pundits. Here's who said what
The public exchange between Trump and Musk highlights tensions among influential figures, potentially influencing investor confidence and market perceptions related to recent fisca...
Read Full Article →Sweden is feeling the heat from Trump tariffs — and there's more to come
Sweden's economic growth and household finances are being impacted by increased import costs due to U.S. trade policies, with further financial challenges anticipated in the near f...
Read Full Article →Omada Health prices IPO at $19 per share, in middle of expected range
Omada Health’s initial public offering at $19 per share marks a significant financial milestone as it enters the public market shortly after a similar company in the digital health...
Read Full Article →We're lifting our price target on Broadcom after its AI business impresses once again
Following Broadcom’s latest earnings report, increased enthusiasm about its artificial intelligence segment has positively influenced investor outlook, resulting in an upward revis...
Read Full Article →Jim Cramer analyzes stocks that recently hit new 52-week highs
Stocks reaching their highest prices in a year often indicate strong investor interest and potential momentum, providing valuable insights for making informed financial decisions i...
Read Full Article →Broadcom beats on earnings and revenue
Broadcom’s strong financial performance reflects significant growth in its AI segment, which has become a key driver of increased profitability and overall revenue expansion for th...
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