US-China Tariff Pause Boosts Tech and Chip Stocks
Global technology and chip stocks surged on Monday after the U.S. and China agreed to pause most tariffs on each other’s goods. The trade tensions between the world’s two largest economies had
US Stocks Surge as US and China Agree to Slash Tariffs
US stocks soared on Monday following the announcement of a temporary trade deal between the United States and China, which included a pause in reciprocal tariffs. Investors were relieved by the news,
Treasury Yields Rise After U.S.-China Trade Deal Announcement
Treasury yields moved higher on Monday after the U.S. and China reached an agreement to slash tariffs on each other’s goods, a move that was welcomed by investors. The 10-year Treasury yield
SoftBank, OpenAI Delay $100B AI Investment Due to Tariffs
SoftBank and OpenAI’s plan to invest $100 billion in artificial intelligence infrastructure in the U.S. as part of the Stargate project has been delayed for several months, according to a report. The
Poland to Close Russian Consulate After Sabotage Evidence
Poland has announced plans to close the Russian consulate in Kraków after authorities in Warsaw found evidence suggesting that Russia’s intelligence services were behind a massive fire that destroyed a shopping centre
AI Giants Urge U.S. to Strengthen Infrastructure and Exports
Top executives from major U.S. AI companies, including OpenAI, Microsoft (MSFT.O), and Advanced Micro Devices (AMD.O), testified at a U.S. Senate hearing on Thursday, stressing the importance of boosting infrastructure and championing
Global Retailers Adjusting to U.S. Tariff Uncertainty
As U.S. President Donald Trump’s most recent tariffs loom, several well-known international brands, including Pandora, Puma, and Hugo Boss, are reevaluating their pricing strategies and supply chains. These brands, alongside major players
Ferrero Targets U.S. Market with New Products and Expansion
Ferrero North America is pushing forward with a bold strategy to win over more U.S. consumers by introducing innovative products and expanding its presence in the market. The company revealed several new
Trump’s US-UK Trade Deal Boosts Boeing
President Donald Trump announced a breakthrough in the US-UK trade relationship, with the UK becoming the first realigned trading partner under his second term. The biggest winner of this deal is Boeing,
CrowdStrike Announces 500 Employee Layoffs Amid AI Shift
CrowdStrike, a leader in cybersecurity software, announced Wednesday that it would lay off 500 employees, representing about 5% of its workforce. CEO George Kurtz attributed the decision to advancements in artificial intelligence