Business

Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. Some shine is due to come off the red-hot gold trade. “Gold is fascinating, and I think people are certainly starting to hedge their bets,” Kathryn Rooney Vera, chief markets strategist at …

US stock futures stalled on Wednesday as the risk of a Google breakup prompted a pause for thought in the wait for more Federal Reserve clues to the chances of a “soft landing”. Futures on the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the tech-heavy Nasdaq 100 …

(Reuters) – Stock index futures fell on Wednesday as investors awaited the release of minutes from the Federal Reserve’s last meeting for insight into the interest-rate path, while Alphabet dipped after the U.S. said it was considering breaking up Google. Shares of Alphabet fell 1.4% in premarket trading after the …

Earlier this year, the S&P 500 confirmed something investors had been eagerly awaiting: the onset of a bull market. The index didn’t stop there, though, and continued to reach new record highs. And today, that benchmark is heading towards a 20% gain for the year. In the current environment, you …

Investors have questions about how a new Federal Reserve rate-cutting cycle will affect the biggest US banks, and they will be looking for some answers as third-quarter earnings season begins Friday. First up are results from JPMorgan Chase (JPM) and Wells Fargo (WFC), followed by Bank of America (BAC) and …

Rio Tinto to Acquire Arcadium Lithium for $6.7 Billion Source link

TAIPEI (Reuters) -TSMC, the world’s largest contract chipmaker, reported on Wednesday third-quarter revenue that easily beat both the market and company’s own forecasts as it reaped the benefit from artificial intelligence (AI) demand. Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, has been at the forefront of the …

HONG KONG (AP) — Shares in China slumped on Wednesday as details of economic stimulus plans from officials in Beijing failed to live up to investors’ expectations, while other markets in Asia rose. Stocks in Hong Kong fluctuated between gains and losses, with the Hang Seng Index falling by 2.4% …

(Bloomberg) — Talks between Boeing Co. and its largest union to end an almost monthlong strike collapsed for a third time, extending a shutdown of the planemaker’s key commercial manufacturing base on the US west coast. Most Read from Bloomberg Both the embattled planemaker and the International Association of Machinists …

Shares of Nvidia (NASDAQ: NVDA) gained for the fifth day in a row, as enthusiasm continued to build on Wall Street and among its customers for the new Blackwell platform. In addition, the company’s artificial intelligence (AI) summit rolled on in its second day. That news was enough to drive …