SNPS, TRIP, DDOG, HOOD and more

SNPS, TRIP, DDOG, HOOD and more

Check out the companies making headlines in premarket trading. Synopsys , Cadence Design Systems — Shares of the Silicon Valley chip designers rallied more than 5% and 6%, respectively. The U.S. government lifted restrictions on exporting chip-design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged…

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Trump says Powell should resign ‘immediately’ in latest attack on Fed chair | Business and Economy News

Trump says Powell should resign ‘immediately’ in latest attack on Fed chair | Business and Economy News

The US president has repeatedly called on the top central banker to step down amid disagreement over interest rates. United States President Donald Trump has repeated his call for Federal Reserve Chair Jerome Powell to step down, the latest in a series of attacks that have raised concern about the independence of the US central…

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Trump announces deal to impose 20% tariff on trade with Vietnam | Donald Trump News

Trump announces deal to impose 20% tariff on trade with Vietnam | Donald Trump News

The United States will place a lower-than-promised 20 percent tariff on many Vietnamese exports, President Donald Trump has said, cooling tensions with its 10th-biggest trading partner days before he could raise levies on most imports. Vietnamese goods will now face a 20 percent tariff, and any transshipments from third countries through Vietnam will face a…

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Tesla global sales fall amid Musk backlash and pressure on EV market | Elon Musk News

Tesla global sales fall amid Musk backlash and pressure on EV market | Elon Musk News

Other carmakers including Volvo and Rivian reported a drop in sales on Wednesday. Tesla has reported another hefty drop in auto sales extending a difficult period amid intensifying electric vehicle competition and backlash over CEO Elon Musk’s political activities. On Wednesday, the electric vehicle (EV) maker reported 384,122 deliveries in the second quarter, representing a…

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TSLA, CNC, JPM, CAVA and more

TSLA, CNC, JPM, CAVA and more

Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delivered 384,000 vehicles during the period, a 14% decline from a year ago. The number was still shy of analyst estimates of 387,000 deliveries, according…

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