This move that would represent a sharp about face from its earlier public messaging about the larger company's prospects. ...
Tag: Source : CNBC
Auto giants launch a flurry of cheaper electric vehicles — taking the fight to China
Europe's top carmakers unveiled low-cost EVs at the Paris Motor Show this week, seeking to recapture some of the market…
Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon
In an interview with Bloomberg on Wednesday, billionaire investor Stanley Druckenmiller said selling his Nvidia stock this year was a…
Global chip stocks fall on ASML’s disappointing outlook, possible U.S. export cap
Global semiconductor stocks dropped, after ASML's third-quarter results pointed to a weaker 2025 sales outlook than the Dutch firm guided…
Trump PAC has raised about $7.5 million in crypto donations since early June
A political action committee supporting Donald Trump's presidential bid has raised about $7.5 million in cryptocurrencies. ...
Nvidia closes at record as AI chipmaker’s market cap tops $3.4 trillion
Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand…
Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September. ...
Delta pauses hot meal service on dozens of Detroit flights citing ‘food safety issue’ at caterer
Delta said its caterer "immediately shut down hot food production" and then suspended operations from the Detroit facility. ...
SpaceX’s Starship rocket completes fifth test flight, lands booster in dramatic catch
SpaceX launched its fifth test flight of its Starship rocket on Sunday, taking a major step forward in the vehicle's…
Trump to move fast on tariffs, says Wall Street firm, citing clients who met with ex-trade chief
Lighthizer, the U.S. trade representative during Trump's first term, is a top prospect for a number of potential Cabinet posts…
Boeing to cut 17,000 jobs as losses deepen during factory strike
Boeing said it will lay off about 10% of its workforce as its losses deepen from an ongoing factory strike.…
The Federal Reserve may have pretty much just hit its 2% inflation target
In fact, economists at Goldman Sachs think the Fed may already be there. ...