News
Important Only
Oracle, Silver Lake consortium to control 80% stake in TikTok in US, WSJ reports
Sept 16 (Reuters) - TikTok's U.S. operations would be controlled by an investor consortium including Oracle ORCL.N, Silver Lake and Andreessen Horowitz, under a framework the U.S. and China are finalizing, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. A new...
Reuters
Wed, Sep 17
New US-China TikTok agreement similar to terms agreed this spring, sources say
By Kane Wu, Julie Zhu and Karen Freifeld Sept 16 (Reuters) - President Donald Trump's agreement with China that would keep TikTok operating in the United States, transferring its U.S. assets to U.S. owners from China's ByteDance, is similar to a deal worked out earlier this year, three so...Reuters
Wed, Sep 17
GSK plans $30 billion US investment as pharma tariff threat looms
By Maggie Fick Sept 17 (Reuters) - GSK GSK.L said on Wednesday it plans to invest $30 billion in research and development and supply chain infrastructure in the United States over the next five years, after U.S. President Donald Trump arrived in Britain for an unprecedented second state visit toReuters
Wed, Sep 17
Gold hits record high of 3,703 ahead of Fed decision
Gold price advances during the North American session after hitting a record high of $3,703 on Tuesday, poised to continue to trend up as traders await the Federal Reserve’s (Fed) monetary policy decision on Wednesday. At the time of writing, XAU/USD trades at $3,689, up 0.27%.
Fxstreet
Wed, Sep 17
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
Russia may have to cut output after Ukrainian attacksMarkets eye Fed meeting for clues on economy Analysts expect US crude inventory declines last weekBy Shariq Khan NEW YORK, Sept 16 (Reuters) - Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian su
Reuters
Wed, Sep 17
Fed for now avoids shock to independence after Cook ruling; Miran sworn in as governor
Fed begins two-day policy meeting on TuesdayUS central bank expected to cut rates by a quarter of a percentage pointCook to attend following court ruling; Miran sworn in as governor By Howard Schneider and Ann Saphir WASHINGTON, Sept 16 (Reuters) - The U.S. Federal Reserve began a two-day meetingReuters
Wed, Sep 17
Wall St Ends Lower; Nvidia Falls 2%; HIMS Drops 6%; Oracle up 1.5%; Alibaba Jumps 3%; BMNR up 5%; NIO Rises 8%; Bitfarms up 17%
Wall Street's three main stock indexes ended lower in choppy trading on Tuesday as caution set in ahead of an anticipated interest rate cut from the Federal Reserve.Investors are largely still pricing in a 25 basis-point cut from the U.S. central bank at the conclusion of its two-day meeting on WednTiger News
Wed, Sep 17
TikTok lives: US, China in deal for app to keep operating in US
Deal keeps TikTok operating in US under US-controlled ownershipByteDance to keep single largest ownership stake at 19.9% - sourcesDeal expected to close in 30-45 days, CNBC reportsBy Andrea Shalal and Deborah Mary Sophia WASHINGTON, Sept 16 (Reuters) - President Donald Trump on Tuesday announcedReuters
Tue, Sep 16
Trump files $15 billion defamation case against New York Times, Penguin Random House
Trump sues NYT, Penguin Random House for $15 billionNYT says case is meritless, aimed at stifling reportingLawsuit is Trump's latest attack on major media outletsBy Jack QueenSept 15 (Reuters) - President Donald Trump has filed a $15 billion defamation lawsuit against the New York Times and book...Reuters
Tue, Sep 16
Wolfspeed Rockets 16% as Company Officially Rolls Out 200mm Silicon Carbide Portfolio
Wolfspeed shares jumped nearly 16% on Tuesday as the silicon carbide company officially rolled out its portfolio of 200mm silicon carbide products.Announced last week, the 200mm silicon carbide wafers have a wide range of end uses, including power electronics, electric vehicles, renewable energy, inTiger News
Tue, Sep 16
U.S. Stocks Thrive on a Weak Dollar: Deutsche Bank Highlights Dollar-Hedged ETFs
TradingKey - After U.S. tariffs sparked a wave of “de-dollarization,” the dollar has remained weak while U.S. stocks continue to hit record highs — a divergence that has drawn attention. On Tuesday, amid expectations of Fed policy easing, the U.S. Dollar Index (DXY) fell below 97 for the first time
US import prices increase in August on capital, consumer goods
WASHINGTON, Sept 16 (Reuters) - U.S. import prices unexpectedly rose in August, boosted by strong increases in the costs of capital and consumer goods, suggesting domestic inflation was poised to accelerate in the coming months.Reuters
Tue, Sep 16
Xpeng AeroHT's flying cars collided mid-flight at air show, company says
BEIJING, Sept 16 (Reuters) - Two of Xpeng AeroHT's flying cars collided mid-flight during rehearsals for the upcoming Changchun Air Show on Tuesday, and one suffered damage and caught fire during landing, the company said in a statement to Reuters.Reuters
Tue, Sep 16
US STOCKS-S&P 500, Nasdaq set for higher open on rate cut hopes; markets sift through retail data
Sept 16 (Reuters) - The S&P 500 and the Nasdaq were set for a higher open on Tuesday as investors anticipated interest rate cuts from the Federal Reserve on Wednesday, while parsing through the latest retail sales reading.Reuters
Tue, Sep 16
US opens probe into 174,000 Tesla Model Y cars over door handle failures
WASHINGTON, Sept 16 (Reuters) - The U.S. National Highway Traffic Safety Administration said on Tuesday it had opened an investigation into about 174,000 Tesla TSLA.O Model Y cars from the 2021 model year over reports that electronic door handles can become inoperative.
Reuters
Tue, Sep 16
Pre-Bell｜U.S. Futures Edge Up; Oracle Jumps over 5%; Novo Gains 3%; Alphabet, Tesla Rise About 1%; Nvidia Falls Slightly
U.S. stock index futures inched higher on Tuesday after the S&P 500 and the Nasdaq closed at record highs in the previous session, as investors remained expectant about interest rate cuts from the Federal Reserve later this week.Tiger News
Tue, Sep 16
US online holiday sales to slow as shoppers tighten budgets, Salesforce forecasts
Sept 16 (Reuters) - U.S. online sales growth during the 2025 holiday season is expected to slow from last year, as price-conscious shoppers stay picky with their spending amid rising living costs, according to a Salesforce forecast released on Tuesday.Reuters
Tue, Sep 16
Stocks firm, dollar down as bets build for Fed rate cuts
SINGAPORE/LONDON, Sept 16 (Reuters) - Global shares held near record highs on Tuesday as investors bought U.S. assets on the premise that the Federal Reserve is likely to cut rates, while selling equities in Europe, where borrowing costs look unlikely to fall much further.Reuters
Tue, Sep 16
Nikkei 225 Surges Past 45,000 for the First Time as Japan's 15% Auto Tariff Takes Effect
TradingKey - On Tuesday, September 16, the Nikkei 225 Index reached new intraday and closing highs, hitting an all-time intraday peak of 45,055.38 and closing up 0.3% at 44,902.27. This marks the first time the index has surpassed the historic 45,000-point milestone, continuing its recent upward treTradingKey
Tue, Sep 16
