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Apple's Cook doubles Nike stake, endorses CEO Hill's turnaround push
Nike faces challenges with weak margins, sluggish sales in ChinaNike shares have dropped nearly 13% since December 18 resultsCook's stake in Nike now worth nearly $6 millionBy Juveria Tabassum and Nicholas P. Brown Dec 24 (Reuters) - Apple AAPL.O chief Tim Cook bought shares worth about $3 mi...
Thu, Dec 25
Dow, S&P 500 close at record highs as Santa rally starts
Intel falls after report Nvidia stopped using 18A processNike up after Apple CEO buys $3 million in sharesThree main indexes set for third straight yearly gainsIndexes up: Dow 0.6%, S&P 500 0.32%, Nasdaq 0.22%By Chuck Mikolajczak Dec 24 (Reuters) - U.S. stocks closed higher on Wednesday, as t...
Thu, Dec 25
Japan expects growth to accelerate next year with fiscal stimulus
TOKYO, Dec 25 (Reuters) - Japan's government revised up its economic forecast for the fiscal year to next March and projected that growth would accelerate in the following year, on the view that its massive stimulus package will boost consumption and capital expenditure.The projections are the f...
Thu, Dec 25
Nvidia, joining Big Tech deal spree, to license Groq technology, hire executives
Nvidia's licenses chip tech for inference Groq's leadership transition to Nvidia raises questions about future independenceNvidia's strategic hires reflect trend of acquiring talent without full acquisitionsBy Stephen Nellis Dec 24 (Reuters) - Nvidia NVDA.O has agreed to license chip ...
Thu, Dec 25
Oil marginally lower as investors weigh US data, geopolitical tensions
Brent, WTI gain about 6% since last week's lows Oil set for biggest annual decline since 2020US economy grew faster than expected in the third quarterWeekly US crude, fuel stocks rose last week, API saysBy Arathy Somasekhar HOUSTON, Dec 24 (Reuters) - Oil settled marginally lower on Wednesda...
Wed, Dec 24
Stocks up as markets wind down to bumper year; gold and silver smash records
Asian shares advanced on Wednesday, capping a year of brisk artificial intelligence-driven gains, while commodities such as gold and silver extended their bullish run to new all-time highs as 2025 draws to a close.
Wed, Dec 24
Japan's 30-year yields rise to record highs as stimulus concerns mount
Japan's super-long bonds fell on Wednesday, pushing long-end yields to a record high, as concerns grew over debt-funded government stimulus.
Wed, Dec 24
FOREX-Dollar set for worst year since 2003 as rate outlooks diverge
The U.S. dollar was headed for its worst annual performance in more than two decades on Wednesday as investors wagered the Federal Reserve would have room to cut rates further next year even as some of its peers looked set to hike.
Wed, Dec 24
Japan's Nikkei gains as chip-sector shares track US peers higher
By Kevin Buckland TOKYO, Dec 24 (Reuters) - Japan's Nikkei share average rose on Wednesday, led higher by chip-sector stocks, tracking an advance among U.S. peers on Wall Street overnight.The Nikkei .N225 added 0.3% to 50,559.01, as of 0150 GMT, on course for a fourth consecutive winning sess...
Wed, Dec 24
Waymo to update software after San Francisco power outage snarls self-driving vehicles
Alphabet GOOGL.O unit Waymo said on Tuesday it will update software used to operate its self-driving vehicles and improve its emergency response protocols after its robotaxis stalled in parts of San Francisco on Saturday due to a widespread power outage that snarled traffic and gridlocked parts of t
Wed, Dec 24
White House adviser Hassett says GDP 'fantastic,' job gains to jump
Dec 23 (Reuters) - White House economic adviser Kevin Hassett said stronger-than-expected U.S. economic growth reported on Tuesday is a product of President Donald Trump's trade policies and of investment in artificial intelligence, and heralds faster job gains ahead."It's really a fanta...
Wed, Dec 24
Trump's AI hiring campaign draws interest from 25,000 hopefuls
By Courtney Rozen WASHINGTON, Dec 23 (Reuters) - Roughly 25,000 people have expressed interest in joining the Trump administration's cadre of engineers known as Tech Force, a senior Trump administration official said on Tuesday, as the U.S. government looks to install staff with artificial in...
Wed, Dec 24
US delays announcement of China chip tariffs until 2027
Dec 23 (Reuters) - President Donald Trump's administration on Tuesday said it will slap tariffs on Chinese semiconductor imports over Beijing's "unreasonable" pursuit of chip industry dominance, but would delay the action until June 2027.
Wed, Dec 24
S&P registers record close as growth stocks advance
US economic growth accelerates in Q3Growth stocks outperform valueServiceNow dips after deal to buy ArmisIndexes up: Dow 0.16%, S&P 500 0.46%, Nasdaq 0.57%By Chuck Mikolajczak NEW YORK, Dec 23 (Reuters) - U.S. stocks rose on Tuesday and the S&P 500 notched a closing record after a flu...
Wed, Dec 24
Trump flew on Epstein jet eight times in the '90s, according to prosecutor email
WASHINGTON, Dec 23 (Reuters) - President Donald Trump flew on convicted sex offender Jeffrey Epstein's private jet "many more times than previously has been reported," according to an email from a New York prosecutor that forms part of a new batch of documents about Epstein released Tuesday by the U
Wed, Dec 24
Oil up as market weighs strong US economic growth, supply risks
US economy grew faster than expected in the third quarterUS might keep or sell seized Venezuelan oil, Trump saysWeekly US crude, fuel stocks rose last week - APIBy Nicole Jao NEW YORK, Dec 23 (Reuters) - Oil prices settled higher on Tuesday as investors assessed stronger-than-expected U.S. econom...
Tue, Dec 23
China's second attempt at completing a reusable rocket test fails
Chinese state-owned space firm launches Long March 12A rocketMaiden flight is China's second attempt at completing reusable rocket testLong March 12A booster not recovered, failing testChina hoping to mimic SpaceX's reusable rocket capabilitiesBy Eduardo Baptista BEIJING, Dec 23 (Reuters)...
Tue, Dec 23
Japan shares rise as bond yields retreat; tech jitters weigh on Nikkei
Japanese stocks rose on Tuesday as a retreat in domestic bond yields from record highs lifted sentiment, although persistent worries about artificial intelligence-linked share valuations weighed on the tech-heavy Nikkei.
Tue, Dec 23
Wheat eases after rally, Russia-Ukraine war limits downside
Chicago wheat ticked lower on Tuesday, falling for the first time in four sessions, although losses were limited by concerns that an escalation in the Russia–Ukraine war could disrupt supplies.
Tue, Dec 23
Japan yields retreat from record highs after sharp two-day surge
Japanese government bond (JGB) yields retreated on Tuesday as investors bought back the securities following a two-day selloff that saw yields on many tenors soar to all-time peaks.o-year JGB yield JP2YTN=JBTC, which is the most sensitive to monet...
Tue, Dec 23
