Markets

U.S. President Donald Trump has declared the signing of deals worth over $200 billion between the United States and the United Arab Emirates (UAE). What Happened: A substantial portion of these agreements involves a $14.5 billion commitment from Boeing (NYSE:BA), GE Aerospace (NYSE:GE) and Etihad Airways. The Abu…

The latest study from the Cobalt Institute shows that the global demand for cobalt exceeded 200,000 tons for the first time in 2024, marking a 14% annual increase. However, it was the third consecutive year in which supply additions outpaced…

U.S. stocks settled lower on Friday, with the Dow Jones index falling more than 100 during the session. U.S. major indices also closed lower last week, with the S&P 500 falling about 0.5% and the Nasdaq down around 0.3%. The…

J.P. Morgan analyst Christopher Horvers on Thursday reiterated a Overweight rating on the shares of Costco Wholesale Corp (NASDAQ:COST) and raised the price target from $1070 to $1088. Costco's U.S. core comparable sales rose 7.1% in April, surpassing expectations despite…

Dutch Bros Inc. (NYSE:BROS) is set to report its first-quarter financial results after Wednesday's closing bell. Here's a look at what to expect in the print.  What To Watch: Wall Street will be watching to see if the drive-thru coffee…

Apple Inc. (NASDAQ:AAPL) users who believe Siri may have secretly recorded private conversations now have a chance to get compensated—if they act quickly. What Happened: Eligible consumers began receiving emails titled "Lopez Voice Assistant Class Action Settlement," informing them they…

Billionaire Investor Bill Ackman called on President Donald Trump to temporarily pause tariffs on Chinese imports, arguing such a move would strategically benefit U.S. trade negotiations. What Happened: Ackman, CEO of Pershing Square Capital Management, stated on X that high tariffs…

Mercedes-Benz Group (OTC:MBGAF) pulled its 2025 earnings guidance, citing uncertainty over U.S. President Donald Trump's tariffs. What Happened: At the earnings calls, the company's Chief Financial Officer Harald Wilhelm shared that due to the uncertainty over the Trump administration's tariffs,…

Analyst Ray Wang posted that major U.S. retailers, including Walmart and Target, have reportedly asked Chinese suppliers to resume shipments, with tariffs to be absorbed by the American retailers. What Happened: On Saturday, Wang posted on X that several Chinese exporters at the…

Despite growing skepticism on Wall Street, CNBC’s Jim Cramer remains optimistic about the future of artificial intelligence infrastructure and data center stocks. What Happened: Cramer acknowledged the turbulence in AI stocks, especially following revelations from DeepSeek, a Chinese startup. On…