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GLOBAL MARKETS-Stocks jump with tech shares; dollar dips after recent gains
NEW YORK, April 24 (Reuters) - Major stock indexes rose on Thursday, with technology shares leading Wall Street higher as investors awaited further developments in the U.S.-China trade conflict, while the dollar slipped after recent gains.
Fri, Apr 25
[Reuters Analysis] After years of failed AI deals, Intel plans homegrown challenge to Nvidia
April 25 (Reuters) - One of Intel's biggest missteps over the past decade was the failure to challenge Nvidia's dominance in the fast-growing market for artificial intelligence chips.
Fri, Apr 25
Oil prices settle up on weaker US dollar, mixed economic news
U.S. labor market remains resilientPotential accelerated OPEC+ output increases weighs on marketKazakhstan to prioritize national interest in oil outputBy Scott DiSavino NEW YORK, April 24 (Reuters) - Oil prices edged up on Thursday as investors weighed a weaker U.S. dollar, potential OPEC+ outpu...
Thu, Apr 24
Boeing poised to resell jets as tariffs hit China trade
Boeing may redirect jets squeezed out of China by tariffsChina represents 10% of Boeing's commercial plane backlogWashington open to de-escalating trade warAirbus has held on-off talks for major China order, sources sayBy Lisa Barrington, Tim Hepher and Abhijith Ganapavaram SEOUL/PARIS, April...
Thu, Apr 24
Gold rises on dip-buying, focus on US-China trade tensions
April 24 (Reuters) - Gold prices rebounded on Thursday as investors bought bullion following a sharp decline in the previous session, while the focus remains on U.S.-China trade tensions.Spot gold XAU= was up 1.6% at $3,338.79 an ounce, as of 1140 GMT. Bullion fell as much as 3% on Wednesday in...
Thu, Apr 24
Deutsche Bank cuts S&P 500 year-end target from Wall Street high
April 24 (Reuters) - Deutsche Bank, which had held the highest year-end target for the S&P 500 .SPX index so far, slashed it by 12% on Thursday, on mounting economic uncertainties fueled by the ongoing U.S. trade war.The European brokerage cut its target to 6,150 from 7,000, while it also reduce...
Thu, Apr 24
Mobileye Global beats revenue estimates on strong self-driving tech demand
April 24 (Reuters) - Mobileye Global MBLY.O beat Wall Street expectations for first-quarter revenue on Thursday, benefiting from an increase in orders for its driver-assistance technology from automakers.The company has been seeing an increase in demand for its systems as customers work through thei...
Thu, Apr 24
PepsiCo cuts annual profit forecast amid trade war turmoil
April 24 (Reuters) - PepsiCo PEP.O cut its annual core profit forecast on Thursday, as the soda and snacks giant grapples with the uncertainty fueled by President Donald Trump's erratic trade policy and disruptions to its supply chain.
Thu, Apr 24
LG considers raising prices, moving production due to tariffs
SEOUL, April 24 (Reuters) - LG Electronics 066570.KS is considering price increases for some products in response to U.S. tariffs and is also reviewing its options for shifting production of home appliances to the United States, the South Korean company said on Thursday.
Thu, Apr 24
Unilever beats quarterly sales estimate driven by price hikes and demand
Dove, Vaseline, Magnum drive growthMaintains 2025 outlookIce cream separation on trackBy Chandini Monnappa April 24 (Reuters) - Unilever ULVR.L beat estimates for first-quarter underlying sales growth on Thursday, helped by price increases and strong demand for its premium products, and said it e...
Thu, Apr 24
Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
By Gianluca Lo Nostro and Boleslaw Lasocki April 24 (Reuters) - Nokia NOKIA.HE reported first-quarter profit well below market expectations on Thursday and flagged a short-term disruption from U.S. tariffs with an estimated impact of between 20 million and 30 million euros to its second-quarter p...
Thu, Apr 24
Euro zone yields ease ahead of key German business sentiment data
April 24 (Reuters) - Euro zone government bond yields pulled back on Thursday from a sharp rise in the previous session as traders awaited data that was expected to show a decline in German business sentiment in April.
Thu, Apr 24
PRECIOUS-Gold rebounds on dip buying despite US-China trade deal hopes
Bessent says China tariffs are not sustainableTrump plans to exempt carmakers from certain tariffsIMF warns tariffs will slow global growth and increase debtBy Anmol Choubey April 24 (Reuters) - Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one-week ...
Thu, Apr 24
GLOBAL MARKETS-Relief rally fizzles out as markets take stock of Trump's U-turns
Asian shares mixed; futures turn lowerTrump's softer stance on Chinese tariffs comes with caveatsDollar loses ground after earlier reboundBy Rae Wee SINGAPORE, April 24 (Reuters) - Stocks drifted on Thursday and a rebound in the dollar lost traction as investors tried to sift through the nois...
Thu, Apr 24
Japanese investors turned net buyers of overseas bonds last week
April 24 (Reuters) - Japanese investors were net buyers of overseas bonds in the week through April 19, as U.S. bond markets recovered somewhat after a heavy selloff earlier this month. Japanese investors had been net sellers of overseas bonds for six consecutive weeks, joining a broad pullback from
Thu, Apr 24
[Reuters Analysis] Kazakhstan’s OPEC+ defiance could push Saudi into a painful price war: Bousso
LONDON, April 23 - Kazakhstan's public defiance of the OPEC+ oil production alliance could signal its exit from the group and push Saudi Arabia into a painful price war at a precarious moment.
Thu, Apr 24
Nvidia supplier SK Hynix logs bumper Q1, sees limited tariff impact on AI chips
SEOUL, April 24 (Reuters) - SK Hynix 000660.KS, a key supplier of high-bandwidth memory processors to Nvidia NVDA.O, said quarterly profit more than doubled and demand for AI chips was so robust that it expects only limited impact on those products from potential U.S. tariffs.
Thu, Apr 24
Trump to exempt carmakers from some US tariffs, FT says
April 23 (Reuters) - U.S. President Donald Trump is planning to spare carmakers from some tariffs following intense lobbying by industry executives over recent weeks, the Financial Times reported on Wednesday, citing a couple of people familiar with the matter.Car parts would be exempted from the ta...
Thu, Apr 24
PRECIOUS-Gold prices bounce back from one-week low on dip buying
April 24 (Reuters) - Gold rose on Thursday as investors bought the dip after prices hit one-week lows in the previous session on U.S. President Donald Trump's reassurance about not firing Federal Reserve Chair Jerome Powell and his remarks on China trade talks.FUNDAMENTALS* Spot gold XAU= rose 1...
Thu, Apr 24
Dinner with the president: Trump meme coin surges on offer to top buyers
NEW YORK, April 23 (Reuters) - President Donald Trump's meme coin surged more than 60% on Wednesday after a post announcing "the most EXCLUSIVE INVITATION in the world" promised the top 220 buyers of $TRUMP a private gala dinner with the president on May 22.
Thu, Apr 24
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