Reuters

The United States’ growing turn toward protectionism isn't just about trade deficits or manufacturing jobs – instead, it's about political avoidance, says economist Richard Baldwin. What Happened: On Tuesday, while speaking on The Big View podcast by Reuters, Baldwin argued that America...

Tesla Inc (NASDAQ:TSLA) shares are trading lower Monday following reports that the company has postponed plans for an affordable version of its Model Y SUV. What To Know: According to a Reuters report citing three sources with knowledge of the matter, Tesla has delayed the launch of a U.S.-made,...

Apple Inc (NASDAQ:AAPL) shares are rising Monday morning after the Trump administration announced tariff exemptions for smartphones. What To Know: After markets closed on Friday, President Donald Trump exempted smartphones, computers and other electronics from the reciprocal tariffs that went into...

Hopes that President Donald Trump could delay the sweeping reciprocal tariffs his administration announced last week appears to be the driving force behind the wild volatility in markets Monday morning. What To Know: Trump announced aggressive tariffs on numerous countries last week, raising...

Several applications across the Meta Platforms Inc (NASDAQ:META) family of products began experiencing problems on Wednesday. Meta said it is aware of the issue, but several apps are still down at the time of writing. What Happened: Facebook, Instagram, Threads and WhatsApp were down for thousands...

Intel Corp (NASDAQ:INTC) CEO Pat Gelsinger announced his retirement on Monday. Reports indicate the Intel chief was forced out by Intel’s board, which had grown frustrated with Gelsinger’s turnaround progress. What Happened: According to a Bloomberg report citing people familiar with...

Tesla Inc (NASDAQ:TSLA) shares are moving lower Thursday following reports that president-elect Donald Trump plans to get rid of consumer tax credits for EVs. Wedbush analyst Dan Ives believes the cuts are actually net positive for Tesla. What To Know: Trump’s team is planning to squash the...

Trump Media & Technology Group Corp (NASDAQ:DJT) shares are soaring Wednesday morning after Donald Trump was elected the 47th president of the United States. What Happened: Shares of Trump Media, the parent company of social media platform Truth Social, are surging Wednesday after...

Meta Platforms Inc (NASDAQ:META) is in the process of developing an AI-powered search engine as the company aims to reduce reliance on other big tech players. What To Know: Meta is working on an AI-based search engine that crawls the web for answers and delivers information to users through the...

Chinese stocks continue to enjoy a lift Thursday following a monetary stimulus announced earlier this week. What Happened: To meet China’s economic growth target of approximately 5% this year, leaders promised to deploy “necessary fiscal spending,” per Reuters. The 24-man...

While America celebrates Independence Day on Thursday, Tesla Inc (NASDAQ:TSLA) is headed to China to show off its futuristic-looking Cybertruck, as well as the latest version of its Optimus bot at the World AI Conference (WAIC). What To Know: The annual WAIC event is set to kick off in Shanghai on...

The U.S. Supreme Court on Monday agreed to listen to NVIDIA Corp’s (NASDAQ:NVDA) appeal of a lower-court ruling that claims the AI chipmaker misled investors about its cryptocurrency exposure. What To Know: Nvidia will get a chance to argue its side of a court ruling that accuses the company...

Reddit is navigating choppy waters in the days leading up to its long-awaited initial public offering (IPO). What Happened: Nokia Technologies sent a letter to Reddit alleging that the San Francisco-based social media company infringed some of its patents. A Reuters report indicates that Reddit is...

Bond appetites are growing as more and more investors look to lock in high-yielding assets ahead of an expected decline in interest rates this year. What To Know: Riskier forms of corporate debt with higher yields are becoming increasingly popular with the Federal Reserve expected to begin cutting...

Digital World Acquisition Corp (NASDAQ:DWAC) and Phunware Inc (NASDAQ:PHUN) shares are trading higher Wednesday. New reports suggest President Joe Biden’s approval ratings fell on a month-over-month basis. What Happened: According to a Reuters report citing a Reuters/Ipsos poll released...