Browsing: Business

The Dow surged 244 points as President Trump’s softer tariff approach reassured investors, with major indices rising on tempered fears over potential trade conflicts.

Beijing struggles to stabilize the yuan as Trump tariffs and a strong U.S. dollar intensify pressures on China’s economy, raising global concerns about financial and trade stability.

BP announced plans to cut 4,700 jobs and 3,000 contractor roles in 2025 as part of a strategy to save $2 billion by 2026, citing market challenges and profit pressures.

Quantum computing stocks rallied after Microsoft urged businesses to prepare for a “quantum-ready” era by 2025, sparking optimism and lifting shares of Rigetti, IonQ, and D-Wave Quantum.

Stock futures advanced Tuesday as traders await two key inflation reports, including PPI and CPI, expected to influence the Federal Reserve’s rate decisions and broader market direction.

Nvidia stock dipped 6.2% after CES, but analysts emphasize the company’s AI leadership, highlighting advancements like the Blackwell AI processor and its partnerships in autonomous driving.

European markets fell Wednesday after EU economic sentiment data showed declines, raising growth concerns. Shell shares dropped 2.2% following lower LNG and chemicals forecasts.

U.S. stock futures extended gains for the third day, led by Nvidia’s rise after launching new chips. Analysts expect volatility ahead as investors await key economic reports this week.

Oil prices fell 1% amid weak economic data from the US and Germany, reversing recent gains driven by a weaker dollar and surging winter demand in the US.

U.S. stocks rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data and Fed guidance.