Stock Market News

JPMorgan takes over Apple Card from Goldman Sachs

Deal reshapes Apple Card’s banking partnership JPMorgan Chase has reached an agreement to assume control of the Apple credit card portfolio, taking over from Goldman Sachs, the original issuer of the product.

China’s tech push fails to offset property slump

High-tech growth falls short of replacing real estate China’s strategy of expanding

Meta bets big on nuclear power to fuel AI growth

Deals could exceed 6 gigawatts of capacity Meta Platforms Inc. is set

GM to book $7.1bn EV and China restructuring charges

Fourth-quarter writedowns tied to EV strategy reset General Motors said Thursday it

Dollar edges higher as jobs report looms

The U.S. dollar traded slightly higher against major peer currencies on Thursday,

Finance

U.S. Holiday Retail Sales Rise as Shoppers Seek Deals

Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting a consumer base that is spending carefully while still making room for

RBC boosts dividend as record results fuel global ambitions

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board

Dollar Weakens Amid Fed Dovishness and Trade Tensions

Dollar drops against euro, pressured by Fed and shutdown fears The U.S. dollar slipped for a third consecutive day against

Gold rises ahead of Jackson Hole and Fed pressure

Gold rebounds after recent lows Gold prices rose 0.9% on Wednesday to $3,344.37 per ounce, boosted by a weakening U.S.

JPMorgan Nears Deal to Take Over Apple Card

Goldman Retreats as JPMorgan Steps In JPMorgan Chase is close to securing a major deal to assume control of the

Business

Ford boosts U.S. sales on hybrids and affordable models

Annual growth offsets slowdown in electric vehicles Ford reported higher vehicle sales in the United States in 2025, supported by strong consumer demand for

Toyota US sales rise 8% in 2025 on electrified demand

Strong full-year performance across Toyota and Lexus Toyota Motor North America reported

Nvidia CEO to outline strategy amid rising AI competition

Keynote set for CES in Las Vegas Nvidia chief executive Jensen Huang

Berkshire Hathaway enters new era under Greg Abel

Shares dip as Buffett formally steps aside Berkshire Hathaway shares fell on

BYD overtakes Tesla as top global EV seller

Tesla sales fall for second consecutive year China’s BYD has overtaken Tesla

Boeing Seeks FAA Waiver to Sell More 777F Freighters

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BP Names Meg O’Neill CEO, Signals Strategic Reset

Leadership change at a critical moment BP has appointed Meg O’Neill, currently

Technology

AI, chips and robots dominate CES 2026 in Las Vegas

Technology showcase draws global attention CES 2026 is underway in Las Vegas, drawing thousands of attendees to the Las Vegas Convention Center and hotels across the city. As the technology industry’s largest