News
Important Only
Trump administration is not eyeing equity in TSMC, Micron, official says
WASHINGTON, Aug 21 (Reuters) - The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no similar plans for bigger firms boosting U.S. investments, such as TSMC and Micron, a White House official told Reuters.Reuters
Fri, Aug 22
Oil prices set to snap two-week losing streak as peace in Ukraine remains elusive
Aug 22 (Reuters) - Oil prices were little changed on Friday but were on track to snap a two-week losing streak as hope for immediate peace between Russia and Ukraine dimmed, increasing the risk premium demanded by oil sellers.
Reuters
Fri, Aug 22
Meta signs over $10 billion cloud deal with Google, source says
Aug 21 (Reuters) - Google GOOGL.O has struck a six-year cloud computing deal with Meta Platforms META.O worth more than $10 billion, a source familiar with the matter told Reuters on Thursday, the search giant's second big agreement recently after one with OpenAI.Under the agreement, Meta will u...Reuters
Fri, Aug 22
Japan's 10-year yields hit 17-year peak ahead of Powell speech
TOKYO, Aug 22 (Reuters) - Japanese 10-year government bond yields rose to a fresh 17-year peak on Friday, tracking a rise in U.S. Treasury yields as investors braced for a speech by Federal Reserve Chair Jerome Powell at the U.S. central bank's Jackson Hole symposium.Reuters
Fri, Aug 22
Wall Street closes down as investors brace for Powell's speech
Aug 21 (Reuters) - Wall Street's main indexes fell on Thursday as investors feared potentially hawkish remarks by the Federal Reserve chair on Friday that could spark volatility, while big-box retailer Walmart's quarterly results dampened sentiment.Reuters
Fri, Aug 22
Ross Stores tops quarterly profit estimates as shoppers seek discount apparel
Aug 21 (Reuters) - Ross Stores ROST.O on Thursday topped quarterly profit estimates and reinstated its annual earnings forecast, betting on demand for discounted apparel and accessories as tariffs raise retail prices during the holiday season.Reuters
Fri, Aug 22
Trump administration not eyeing equity in companies that are increasing US investment, WSJ reports
Aug 21 (Reuters) - The Trump administration is considering taking equity stakes in companies receiving funds from the 2022 CHIPS Act but has no plans to seek shares in bigger semiconductor firms that are increasing their U.S. investments, the Wall Street Journal reported on Thursday...Reuters
Fri, Aug 22
Nvidia orders halt to H20 chip production after China directive, The Information says
Aug 21 (Reuters) - Nvidia NVDA.O has told some of its component suppliers to suspend production work related to H20, its AI chip tailor-made for the Chinese market, The Information reported on Thursday, citing two people with direct knowledge of the communications.
Reuters
Fri, Aug 22
US Sets EU Tariff Cap at 15%, Plans to Lower Auto Tariffs Within Weeks
TradingKey - In a joint statement issued on Thursday, the United States and the European Union detailed the framework trade agreement reached in late July. The U.S. reiterated its tariff cap of 15% on most EU goods and pledged to extend this rate to include automobiles and parts, with the reductionTradingKey
Thu, Aug 21
Fed's Schmid says no urgency to cut interest rates but more data to come
JACKSON, Wyoming, Aug 21 (Reuters) - Kansas City Fed president Jeffrey Schmid said on Thursday there seems no rush to cut interest rates, with inflation still above the central bank's 2% target and the labor market still in solid shape. "I think we're in a really good spot and I thin...Reuters
Thu, Aug 21
Walmart’s “Revenue Up, Profits Down” Alarm — Tariffs Bite Into Margins
TradingKey - Retail giant Walmart reported its second-quarter results for fiscal 2026 this week, delivering strong top-line growth but falling short on profitability — raising concerns about mounting cost pressures. As of this report, Walmart’s U.S. shares were down 3.5% in pre-market trading.
TradingKey
Thu, Aug 21
Boeing in talks to sell up to 500 jets to China, Bloomberg News reports
Aug 21 (Reuters) - Boeing BA.N is in talks to sell as many as 500 jets to China, Bloomberg News reported on Thursday, citing people familiar with the matter.Shares of the U.S. planemaker rose 2% before the market open as the potential order would be China's first major purchase of Boeing jets si...Reuters
Thu, Aug 21
CORRECTED-FOCUS-Battling unregulated vapes, Big Tobacco tries a new strategy: joining in
Big Tobacco has long argued unlicenced vapes are illegalWith sales under pressure, the industry is shifting its stanceBAT plans to pilot new vape, lacking required licenceCampaigners say plans unlawful and risk public health By Emma Rumney LONDON, Aug 21 (Reuters) - British American Tobacco BATS....Reuters
Thu, Aug 21
Intel Plans to Secure Additional Funding Through Discounted Share Placements Following $2 Billion SoftBank Investment, Shares Plummet Nearly 7%
TradingKey - Intel is reportedly in discussions with large investors to secure additional funding through a discounted share offering, according to sources familiar with the matter. On Wednesday, Intel's stock plummeted 6.99% to $23.54, a low not seen since August 13.
TradingKey
Thu, Aug 21
DeepSeek-V3.1 Released: What Are the Key Updates?
TradingKey - On the afternoon of August 21, 2025, Beijing time, DeepSeek officially launched the DeepSeek-V3.1 model. By adopting a new hybrid reasoning architecture and enhanced Agent capabilities, the model achieves significant performance improvements in tasks such as code repair and command-lineTradingKey
Thu, Aug 21
China Weighs Launch of Yuan-Backed Stablecoin, Adding New Option to Global Monetary System?
TradingKey - According to Reuters sources, China is considering permitting its first renminbi-backed stablecoin applications to promote broader global adoption of its currency—a potential major shift in its regulatory stance toward digital assets following the 2021 crackdown on cryptocurrency...TradingKey
Thu, Aug 21
Baidu Is Now China’s Cheapest Internet Stock — Q2 Ads Bleed and AI’s Second Curve Fails to Inspire
TradingKey - Despite double-digit growth in its AI-related businesses, Baidu (BIDU, 9888.HK), the first Chinese internet giant to embrace AI models, is now struggling with unclear AI growth prospects. Baidu’s Hong Kong-listed shares have become the lowest-valued among Chinese internet companies.
TradingKey
Thu, Aug 21
