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US copper widens premium against global benchmark after Trump's 50% tariff plan
LONDON, July 9 (Reuters) - U.S. copper futures widened their premium to the London benchmark on Wednesday, reflecting U.S. President Donald Trump's plan to impose a 50% import tariff on the metal.
Reuters
Thu, Jul 10
Fed minutes show little support for interest rate cut later this month
WASHINGTON, July 9 (Reuters) - Only "a couple" of officials at the Federal Reserve's June 17-18 meeting said they felt interest rates could be reduced as soon as this month, with most policymakers remaining worried about the inflationary pressure they expect to come from President Donald Trump's use
Reuters
Thu, Jul 10
OpenAI to release web browser in challenge to Google Chrome
SAN FRANCISCO, July 9 (Reuters) - OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet's GOOGL.O market-dominating Google Chrome, three people familiar with the matter told Reuters.
Reuters
Thu, Jul 10
Samsung's bet on foldable phones faces major test with slimmer new model
SEOUL, July 9 (Reuters) - Samsung Electronics 005930.KS on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple AAPL.O.
Reuters
Thu, Jul 10
US Treasury's Bessent to skip South Africa G20 meeting, heading to Japan
Bessent to represent US at 2025 World Expo in OsakaTreasury chief also missed G20 meeting in February Trump announced 30% tariff on South Africa, 25% on Japan By Andrea Shalal WASHINGTON, July 8 (Reuters) - U.S. Treasury Secretary Scott Bessent will skip a Group of 20 finance officials meeting in...
Reuters
Wed, Jul 9
Nvidia Hits $4 Trillion Market Cap, First Company to Do So
Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom.
NVIDIA Corp
Tiger News
Wed, Jul 9
Vertical Aerospace tumbles on $60 mln stock sale
US-listed shares of air-taxi maker Vertical Aerospace EVTL.N tumble 31.8% premarket to $4.74 after follow-on priced. UK-based firm early Weds offers 12 mln shares at $5 for $60 mln gross proceeds
Vertical Aerospace Ltd
Reuters
Wed, Jul 9
"Kevin vs Kevin" Battle for Fed Chair Ignites as Trump's Succession Game Rattles Markets
TradingKey - According to renowned Wall Street Journal journalist Nick Timiraos, internal discussions within the Trump administration are focused on two frontrunners—Kevin Hassett, the Director of the National Economic Council, and Kevin Warsh, a former Federal Reserve governor—who are vying for...
TradingKey
Wed, Jul 9
200% Drug Tariff Ultimatum by Trump: Are Patients the Victims of Tariffs?
TradingKey - During a Cabinet meeting at the White House on July 8, Trump announced plans to impose tariffs of up to 200% on imported drugs, requiring pharmaceutical companies to relocate their production chains to the United States and granting them a 1 to 1.5-year adjustment period. If companies..
Eli Lilly and Co
Merck & Co Inc
TradingKey
Wed, Jul 9
US STOCKS-Wall Street futures edge up amid tariff talks, trade turbulence
July 9 (Reuters) - U.S. stock index futures edged up on Wednesday as investors assessed President Donald Trump's aggressive tariff moves and kept a close watch on negotiations with global trade partners.
Reuters
Wed, Jul 9
Stocks and oil gain as traders shrug off Trump's tariff news
PARIS, July 9 (Reuters) - European stocks rose on Wednesday as traders seemed untroubled by U.S. President Donald Trump's announcement that he would impose a 50% tariff on imported copper and soon introduce levies of up to 200% for pharmaceuticals.
WTI
Reuters
Wed, Jul 9
Apple eyes US Formula 1 broadcast rights after 'F1: The Movie' success, FT reports
July 9 (Reuters) - Apple AAPL.O is in talks to acquire U.S. broadcast rights to screen Formula 1 racing when the contract becomes available next year, the Financial Times reported on Wednesday, citing people familiar with the matter. The report follows the strong performance of Apple's high-o...
Reuters
Wed, Jul 9
Tesla's Political Risk Grows as Musk Launches "American Party" — But Analysts Say That's Not Its Biggest Problem
TradingKey - Tesla shares have taken a severe hit this week, plunging nearly 7% on Monday, July 7, and wiping more than $68 billion off the company’s market value in a single day.
Tesla Inc
TradingKey
Wed, Jul 9
30-Year Treasury Yield Nears 5% Again as Bulls Retreat and Global Bond Markets Falter
TradingKey - U.S. long bonds extended their selloff for a fifth straight session, with the 30-year Treasury yield climbing toward the closely watched 5% threshold—its highest level since mid-June. A combination of fading demand for long-duration debt globally, renewed uncertainty from Donald Trump's
TradingKey
Wed, Jul 9
20-Year JGB Auction Back in Focus as the Japan Bond Market Faces Political Risk
TradingKey - With growing concerns that Japan’s ruling coalition may lose power in the July 20 Upper House elections, and potentially unleash a new wave of large-scale fiscal stimulus, 30-year Japanese government bond (JGB) yields hit record highs, signaling the arrival of a fresh bond market
USD/JPY
TradingKey
Wed, Jul 9
AUD/JPY hovers around 96.00 after pulling back from five-month highs
AUD/JPY continues its winning streak for the third successive session, trading around 95.80 during the European hours on Wednesday.
AUD/JPY
Fxstreet
Wed, Jul 9
Volkswagen Q2 deliveries rise slightly despite drop in US demand
July 9 (Reuters) - Volkswagen VOWG.DE saw a 1.2% gain in global sales volumes in the second quarter despite a drop in U.S. demand and ongoing tariff uncertainty, thanks to strong uptake in its all-electric offering in Europe, the carmaker said on Wednesday.
Reuters
Wed, Jul 9
Prediction: Nvidia Will Be a Top Stock to Own for the Back Half of 2025
Nvidia (NASDAQ: NVDA) has been one of the best investments to own over the past few years. However, if you examine how the stock has performed in 2023 and 2024, it's clear that the second half of the year hasn't been as strong as the first half, though it's still been positive.
NVIDIA Corp
The Motley Fool
Wed, Jul 9
Uber Shares Soar 60% This Year — Is Robotaxi an Opportunity or an Imminent Threat?
TradingKey - U.S. ride-hailing giant Uber (UBER.US) has seen its stock steadily climb in recent weeks, hitting an intraday high of $97.60 on July 8 and logging a year-to-date gain of more than 60%.
Uber Technologies Inc
TradingKey
Wed, Jul 9
Intel Slashes Workforce in Desperation Move — Can Radical Restructuring Signal a Fresh Start?
TradingKey - U.S. chip giant Intel (INTC.US) is planning a sweeping round of layoffs that could affect up to 20% of its global workforce.
Intel Corp
TradingKey
Wed, Jul 9
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