Sign In
Free Newsletter
Recent Articles from Reuters
S&P 500 ends lower; chips tumble and Moderna rallies
The S&P 500 closed slightly lower with a sharp drop in AI-related chip stocks and a nearly 13% rally in Moderna after its investor event.
Trump threatens 100% tariff on any country that imposes digital services tax
U.S. President Donald Trump threatens a 100% tariff on goods from countries that impose digital services taxes on American companies, escalating trade tensions with Europe.
Trump clean energy tax credit cutoff drives project rush as prices set to soar
June 26 (Reuters) – U.S. solar developers have secured federal subsidies for a wave of projects large enough to nearly double current capacity, rushing to beat a July 4 deadline that could send renewable power costs sharply higher. The projections reflect the loss of valuable renewable energy tax credits worth at least 30% of project […]
Oil set for big weekly losses as tankers exit Strait of Hormuz
Oil prices dropped about 3% as more tankers exited the Strait of Hormuz, easing supply concerns despite recent vessel attacks near Oman.
JPMorgan sets a new succession plan but Dimon plans to stay on
JPMorgan elevates Doug Petno and Troy Rohrbaugh to co-presidents while Jamie Dimon plans to remain CEO for at least three more years.
Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
Wall Street closed mixed with Nasdaq down on tech megacap losses despite strong chip sector gains from Micron and Qualcomm amid inflation concerns.
Apple raises prices of MacBooks, iPads as memory costs skyrocket
Apple raised prices for MacBook and iPad models due to soaring memory and storage chip costs driven by AI datacenter demand.
Oil falls to pre-war levels on rising Middle East supply
Oil prices fell to levels last seen before the Iran war as rising Middle East supply and resumed Strait of Hormuz flows ease market concerns.
Micron tops estimates, touts $22B in customer deals for memory chips
Micron forecasts quarterly profit and revenue above estimates and secures $22 billion in customer deals for memory chips amid ai-driven demand.
Nasdaq, S&P end lower as tech stocks fall
The Nasdaq and S&P 500 closed lower due to tech stock declines amid valuation concerns, while the Dow rose supported by airlines and travel stocks.
