An early sign that tariff-driven inflation may not be the same as the postpandemic price surges
Everyone wants to know how much tariffs will boost inflation, and for how long. That’s the top-of-mind question for the Federal Reserve in deciding whether or not to deliver additional interest rate c...
JPM lowers Apple price target due to reflect tariff purchases and unexciting iPhone 17
Analysts at JPMorgan have lowered their price target for to $230 from $245, about 14% above where the iPhone maker closed yesterday, to account for pull-forward purchases that happened out of fear o...
FedEx tumbles on disappointing guidance after posting strong earnings amid peak tariff fears
slumped after the company issued a gloomy outlook for the current quarter and a shrug emoji for the year as a whole. The delivery giant’s shares were down more than 5% after the bell. The actual resul...
S&P 500 ends week on down note for first back-to-back weekly losses since Liberation Day
US stocks opened higher but lost ground throughout the day, turning negative after reports of fresh impediments on China’s ability to access semiconductor equipment and that Japan had canceled a meeti...
Reported crackdown on China’s access to US chip equipment weighs on semiconductor stocks
, , and are the biggest decliners in the on the heels of a report from The Wall Street Journal that the Commerce Department is looking at canceling waivers that allow global chip companies like Sams...
Plug Power slumps 9% as Senate’s tax bill guts green energy credits
Senate Republicans unveiled their tax bill, ending green energy tax credits earlier than the House version. The proposal would gut clean energy industries like solar and sent shares of beaten-down hyd...
Solar stocks sink as latest tax bill proposal targets clean energy credits
Solar stocks lost their shine Tuesday after the latest draft of President Trump’s tax legislation proposed phasing out solar, wind, and other clean energy tax credits by 2028. Shares of , , and all d...
Nearly all of Foxconn’s India-made iPhones are now going to the US, report finds
From March to May, manufacturing partner, Foxconn, shipped 97% of the $3.2 billion worth of iPhones it exported from India to the US, up from just 50% last year, according to customs data seen by Re...
RH soars after cheery earnings report, unchanged outlook
is up by double digits in early trading after it reported earnings that beat Wall Street estimates, quelling some investor fears that the business was doomed by President Trump’s tariff plans. The com...
British exports to the US just saw their sharpest one-month drop since records began
Goods exports from Britain to the US fell by £1.98 billion (or about $2.7 billion) in April on the back of President Trump’s tariffs, marking the steepest monetary drop in a single month since the UK ...
Market rebound stalls as investors weigh trade talks and cooler inflation numbers
US stocks closed lower Wednesday, ending the S&P 500’s three-day win streak as Wall Street sifted through a number of headlines. On the trade front, US-China negotiations resulted in a preliminary agr...
Victoria’s Secret posts mixed Q1 results, says tariffs will ding profitability by $50 million
posted mixed Q1 results Thursday morning that showed better-than-expected revenue growth, but the company cut its full-year outlook for profitability, saying it would be hurt by tariffs. Shares edged ...
US stocks tick higher on positive feedback from trade talks
Stocks cruised higher for the second day in a row as Wall Street looked ahead to the outcome of US-China trade talks. US Commerce Secretary Howard Lutnick said discussions were “ going really, really ...
Energy stocks climb as trade talks spark demand optimism
Energy stocks surged Tuesday afternoon, with the jumping over 2% — far outpacing the rest of the market. The rally comes as US-China trade talks fuel hopes for a global economic rebound and ease dema...
Stocks stay level as US-China trade talks kick off
Stocks got a small boost as US and Chinese officials met in London to continue trade talks, following temporary tariff cuts from both sides aimed at easing tensions. The S&P 500 eked out a 0.09% gain,...
Tracking one Boeing 737’s journey through the US-China trade war
For the first time in two months, is making a delivery to China. A 737 that originally took off from Boeing Field in Seattle on Friday landed in Zhoushan, China, on Monday. According to Reuters , it ...
Chip stocks pop ahead of US-China trade talks
Chip stocks were on the move Monday as investors looked ahead to US-China trade talks kicking off in London today. Tensions between the two nations are still high, but both sides are under mounting p...
Solid jobs data, more trade optimism send S&P 500 above 6,000
A good-enough jobs report and news of fresh US-China trade talks helped propel the S&P 500 to close above 6,000 for the first time since February. The benchmark US stock index and Nasdaq 100 rose 1%, ...
Ford, GM, and Stellantis reportedly score rare-earth export licenses from China, avoiding a production disaster for now
Production disaster, we hardly knew ye. According to reporting by Reuters, China has issued temporary rare-earth export licenses to suppliers of Detroit automakers , , and .
Dollar Tree sinks on tariff warning despite handily topping Q1 earnings estimates
shares sank 9% Wednesday morning, leading S&P 500 decliners, after the discount retailer topped Q1 estimates but warned tariff volatility could affect profits. Adjusted earnings per share came in at $...