Perhaps the biggest outcome of the latest U.S.-China trade talks is China’s increased confidence in its homegrown technology. Alibaba and Baidu both saw their stocks surge this past week after news of AI advances and business deals . Huawei touted AI chip systems better than Nvidia’s at the same time as Beijing extended a probe…
U.S. President Donald Trump speaks as he sits next to a “Trump Gold Card” sign, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 19, 2025. Ken Cedeno | Reuters Major technology companies and foreign governments are rushing to respond after President Donald Trump late Friday announced plans to impose a…
The stock market reached records again this week, propelled by the Federal Reserve’s decision to cut interest rates for the first time since last December. The S & P 500 and Nasdaq hit a number of all-time closing highs this week, one as recently as Friday, after the Fed announced a quarter-point reduction to the…
What do you get for the market that already has everything? All right, maybe not everything, but investors have been blessed with an abundance of advantages and good fundamental fortune, along with the policy help the market both hoped for and expected. The bulls got a dovish turn from the Federal Reserve without much noticeable…
After Intel and the Trump administration reached a historic agreement a month ago, the U.S. government invested $8.9 billion in Intel common stock, the beleaguered chip maker seemingly became stabilized. INTC then saw a nearly 23% pop Thursday after news broke of Nvidia, the world’s leading chipmaker, investing $5 billion in Intel and committing to…
Next week’s inflation data could confirm whether or not the Federal Reserve is making the right move in cutting interest rates this fall. The personal consumption expenditures price index is widely known as the Fed’s preferred inflation measure, and next Friday economists expect the August edition will show that inflation is actually headed higher. That…
It’s time for Wall Street to get more bullish on Apple stock as the company’s newest iPhones hit shelves worldwide on Friday, according to Jim Cramer. Cramer said that early signs of stronger-than-expected demand for Apple’s iPhone 17 models and iPhone Air, coupled with upbeat remarks from Apple CEO Tim Cook himself, should be enough…
My top 10 things to watch Friday, Sept. 19 1. The iPhone 17 and iPhone Air are officially on sale today. I’m a believer that this new lineup of phones, especially the Air, is exciting enough to drive upgrades. Shares of Club name Apple could sure use that boost while the tech giant gets its…
European equities were mixed in early trade on Friday, with major indexes struggling to gain momentum. The pan-European Stoxx 600 was flat by 8:25 a.m. in London (3:25 a.m. ET), with sectors mixed. Regional shares ended Thursday’s session higher, putting the Stoxx 600 index on course to end the week unchanged. U.S. President Donald Trump,…
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.59% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record…