Intel trades higher on TSMC investment talks and report on new Trump administration plans to boost US chip production
has approached about potential investments or manufacturing partnerships, The Wall Street Journal reports , a day after Bloomberg reported that Apple was also in talks with the struggling chipmaker. ...
Amazon, Microsoft, Meta, Apple, Google are the tech companies most affected by Trump’s $100,000 H-1B fee
President Trump’s proclamation on Friday charging a new $100,000 fee for high-skilled tech visas has sent the country’s biggest tech companies scrambling. Firms warned their H-1B workers not to travel...
Delta dips as the Trump administration orders the end of its joint venture with Aeromexico
Shares of ticked down on Tuesday morning following the Trump administration’s order that the airline dissolve its approximately 9-year-old joint venture with Aeromexcio by January 1, 2026. Delta said...
Institutional investors are the most bullish since the February peak in stocks, and no longer think a trade war is the biggest risk out there
The trade war is over and risk appetite is high. That’s the message from Bank of America’s September survey of fund managers with $426 billion in assets, who are collectively their most optimistic sin...
International investors want to own US assets — and have nothing to do with the US dollar
“Sell America” — the global downgrade of US assets in the run-up to and immediate aftermath of the reciprocal tariffs announced on April 2 — was a very painful period for markets, but a very fun narra...
Jeep maker Stellantis surges as CEO says the automaker is in productive tariff talks with the US
Shares of Jeep and Dodge maker are up more than 8% in Thursday afternoon trading, following comments from the automaker’s new CEO, Antonio Filosa, at a European auto conference. On tariffs, Filosa sa...
As tariffs take root, August new vehicle prices climb by the most in more than 2 years
It’s been five months since the Trump administration’s auto tariffs went into effect, and their impact is beginning to hit new vehicle prices. According to data from Cox Automotive, new vehicle averag...
Tariffs finally crept into retail's latest earnings results. Who were the winners and losers?
As the latest round of retail earnings wrapped up, tariffs finally made it to checkout. From to , execs grumbled that new duties were putting pressure on profits. Still, guidance told the story: most...
Volkswagen is reportedly closing in on its own, separate tariff deal with the US
In a bid to get its own tariff rate below the 15% applied to most EU exports , is dangling big US investments. Speaking at a trade show Monday, VW CEO Oliver Blume said the automaker is in advanced t...
Traders resurrected the long-dead “confidence fairy,” and it's juicing consumption despite the tariffs
What if the only thing we had to fear really was fear itself? That’s the optimist’s view of the US economy in a nutshell: that businesses and consumers battened down the hatches amid tariff-induced un...
Lululemon sinks after slashing full-year guidance as tariffs, sales weigh on margins
shares sank 13% in after-hours trading Thursday after the yoga-wear retailer massively slashed its full-year outlook. Adjusted earnings per share came in at $3.10 for the second quarter, versus Wall S...
Texas Instruments tumbles after CFO affirms loss of sales momentum after a rush of buying to beat tariffs
is tumbling after its chief financial officer reiterated that strength in the chipmaker’s sales through April included a rush to beat potential tariffs, and that its momentum has slowed since then. At...
Campbell’s rises on solid Q4 results, but warns tariffs will weigh on full-year results
stock climbed over 5% Wednesday afternoon after the soup maker dished out solid Q4 results , even as it faces higher costs. For the 14 weeks ended August 3, Campbell’s posted adjusted earnings per sha...
Court ruling on tariffs injects more uncertainty into already volatile US trade policy
A United States Court of Appeals ruling that much of President Donald Trump’s tariff regime is unlawful didn’t create any immediate market waves, if for no other reason than it’s an affirmation of wha...
Most Trump tariffs ruled illegal by appeals court
The United States Court of Appeals for the Federal Circuit, which handles appeals for the Court of International Trade, has ruled against President Trump and his administration on tariffs levied again...
With earnings season done, we know what companies are thinking
Here’s one big takeaway from the more-or-less complete Q2 earnings season: corporate America is trying to pass along rising costs from the Trump administration’s tariffs in the form of higher prices. ...
Best Buy posts strong Q2 but keeps guidance cautious as tariffs loom
shares were down 4% Thursday afternoon after the electronics retailer delivered a solid Q2 but held its full-year guidance steady. Adjusted diluted earnings per share came in at $1.28, beating the Str...
American Eagle soars after announcing collaboration with Travis Kelce (Taylor Swift’s fiancé)
slid on Monday after Bank of America argued that its ad campaign with Sydney Sweeney wouldn’t be a big enough boost to offset the impact of tariffs . American Eagle’s management has seemingly replied,...
Tariffs push prices up and profits down at Smucker
fell in premarket trading after its fiscal Q1 results undershot Wall Street expectations. The impact of Trump administration tariffs on the company’s retail coffee business — which includes brands lik...
Abercrombie & Fitch posts Q2 beat and lifts full-year outlook — but braces for bigger tariff hit
posted stronger-than-expected Q2 results , fueled by record quarterly sales and its 11th straight quarter of growth. Adjusted earnings per share came in at $2.32, compared with Wall Street’s estimate ...