Kash Patel, U.S. President Donald Trump’s nominee to be director of the FBI, looks on as he testifies before a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, U.S., January 30, 2025. Evelyn Hockstein | Reuters Trump Media this week gifted thousands of shares of company stock to President Donald Trump‘s nominee for … Read more
Cityscape image of Sydney, Australia with Harbor Bridge and Sydney skyline during sunset. Vacation and travel in Australia. Prasit Photo | Moment | Getty Images Japan and Australian stocks rose Wednesday as Wall Street rebounded overnight, while several Asia-Pacific markets were closed for the Lunar New Year holiday. Japan benchmark Nikkei 225 rose 0.76%, while the … Read more
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC MIAMI BEACH, Fla. — Billionaire investor Steve Cohen is standing by his long-term bullish view of artificial intelligence despite the wild volatility recently, saying the transformational shift could take decades to realize. “This is a 10- to 20-year theme. It’s … Read more
U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. Shares of chip designer Nvidia, a huge beneficiary of the AI hype, were down 13.60% at 05:52 a.m. ET ahead of the market open. Netherlands-based chip companies ASML … Read more
Natural gas exporter Venture Global shares fell 4% in its first day of trading, as the company looked to test investor appetite for energy stocks amid the Trump administration efforts to implement a sweeping agenda aimed at boosting oil and gas production. “The Trump administration has made very clear they support growing LNG exports,” Venture … Read more
President Donald Trump lobbed his first volley at the Federal Reserve, saying Thursday that he will apply pressure to bring down interest rates. Speaking via video to an assembly of global leaders at the World Economic Forum in Davos, Switzerland, the new president in a wide-ranging policy speech did not mention the Fed by name … Read more
An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 5%. The carrier forecast an adjusted loss per share … Read more
U.S. President Donald Trump delivers remarks on AI infrastructure at the Roosevelt room at White House in Washington, U.S., January 21, 2025. Carlos Barria | Reuters President Donald Trump said that his team was discussing a 10% tariff on China and that the duty could take effect as early as Feb. 1. “We’re talking about … Read more
Washington , DC – January 20: President Donald Trump signs a series of executive orders at the White House on January 20, 2025, in Washington, DC. (Photo by Jabin Botsford /The Washington Post via Getty Images) Jabin Botsford | The Washington Post | Getty Images President Donald Trump has launched a sweeping offensive on energy … Read more
U.S. President-elect Donald Trump and his wife Melania Trump look on as they meet with U.S. President Joe Biden and first lady Jill Biden on inauguration day of Donald Trump’s second presidential term in Washington, U.S. January 20, 2025. Carlos Barria | Reuters U.S. stock market futures rose as Donald Trump was sworn in a … Read more