News
Important Only
Trump administration is concerned by deal to put Alibaba's AI on iPhones, NYT reports
May 17 (Reuters) - The White House and congressional officials have been scrutinizing Apple's AAPL.O plan to strike a deal with Alibaba 9988.HK to make the Chinese company's AI available on iPhones in China, The New York Times reported on Saturday.U.S. authorities were concerned that the dea...
Reuters
Mon, May 19
Trump tells Walmart to 'eat the tariffs' instead of raising prices
WASHINGTON, May 17 (Reuters) - U.S. President Donald Trump said on Saturday that Walmartshould "eat the tariffs" instead of blaming duties imposed by his administration on imported goods for the retailer's increased prices.
Reuters
Mon, May 19
US seeks long-term trade negotiations with EU, says Vance
ROME, May 18 (Reuters) - U.S. Vice President JD Vance met European Commission President Ursula von der Leyen and Italian Prime Minister Giorgia Meloni on Sunday, and said he hoped their encounter would help move forward trade talks between the EU and the United States.Reuters
Mon, May 19
Oil posts weekly gain but remains under supply hike pressure
Brent, WTI rise after more than 2% drop in previous sessionBrent and WTI post second straight weekly gains Focus on Iran nuclear deal IEA hikes supply growth forecast, eyes surplus this year and next By Arathy Somasekhar HOUSTON, May 16 (Reuters) - Oil settled higher on Friday, notching a second ...Reuters
Fri, May 16
Q1 2025 Wall Street Fund 13F Reports: Gold In, Bank Stocks Out, Chinese Equities Hold Up, and Tech Is Hard to Rate
TradingKey - About 45 days after the end of each quarter, major asset management firms release their Form 13F filings, which have become a key reference for global investors tracking capital flows — often seen as a way to copy trade of top funds.
Microsoft makes Office-Teams offer to avert EU antitrust fine
BRUSSELS, May 16 (Reuters) - Microsoft MSFT.O has offered to make its Office product without Teams cheaper than when sold with Teams, EU antitrust regulators said on Friday, which could spare the company a big fine and ease tensions with the United States.
Reuters
Fri, May 16
US STOCKS-Wall Street set to continue strong weekly showing as trade, inflation jitters ease
May 16 (Reuters) - Wall Street's main indexes were set to open higher on Friday, building on this week's gains fueled by a U.S.-China tariff truce and tamer inflation data, while a vote on President Donald Trump's sweeping tax legislation was also in focus.Reuters
Fri, May 16
Trump wraps up Gulf tour with AI and energy deals in UAE
AI deal is major win for Abu DhabiTrump wraps up Gulf tour focused on business dealsUAE commits to greater investments in US energy sectorBy Nayera Abdallah, Yousef Saba and Federico Maccioni DUBAI, May 16 (Reuters) - President Donald Trump said on Friday on his last stop on a Gulf tour focused o...Reuters
Fri, May 16
CPI vs. GDP: Fed and BoJ Face the Same Dilemma as Long-Japan Bond Yields Plummet!
TradingKey - Although the U.S. and Japan are at different stages of their monetary policy cycles, both the Federal Reserve and the Bank of Japan (BoJ) now face the same challenge: rising inflation paired with slowing economic growth.
TradingKey
Fri, May 16
Where Does U.S.-Japan Trade Negotiation Stand? Japan “Wants It All”: A Good Deal and a Stable Yen
TradingKey - The main reason for the delay of U.S.-Japan trade negotiation appears to be Japan’s increasingly firm stance — resisting two of President Trump’s core demands: yen appreciation and automotive tariffs.TradingKey
Fri, May 16
Just After U.S.-China Trade Deal, Trump Stirs the Pot — New Chip Export Blacklist Against China
TradingKey - Just days after rolling back semiconductor export restrictions imposed by the Biden administration, the Trump administration is reportedly preparing a new export blacklist targeting Chinese tech companies, casting a shadow over the recently thawed U.S.-China trade relations.TradingKey
Fri, May 16
Sterling on track for fifth weekly rise versus euro, await UK-EU meeting
May 16 (Reuters) - Sterling was on track for its fifth straight weekly rise against the euro on Friday, while hovering near its highest levels since early April. President Donald Trump's April 2 announcement of aggressive trade duties triggered a sharp but brief selloff in U.S. assets in the...
Reuters
Fri, May 16
Alibaba's Stock Price Drops, As Q4 Revenue Fell Short of Expectations Amid AI Growth Concerns
TradingKey - Alibaba (HK: 9988) experienced a significant drop on Friday, falling 5.4% during the Hong Kong trading session, with shares hitting a low of HK$120.30.The catalyst for this decline was the company’s reported financial results for the fourth quarter of fiscal year 2025, which revealed...TradingKey
Fri, May 16
Tariff Impacts Take Hold: Retail Giant Walmart Leads Price Hikes! Consumers to Take the Brunt?
TradingKey - On May 15, Walmart, the global retail giant, reported its earnings for the first quarter and also indicated to the market that it plans to raise prices on certain products starting this month due to the impact of tariffs.TradingKey
Fri, May 16
UnitedHealth's share price halved in half a year, and its deep trouble triggered a market sell-off.
TradingKey - UnitedHealth Group (UNH), the largest health insurance company in the United States, suffered a sharp market sell-off, plunging 19% intraday on May 15 and finally closing down 10.93%.
TradingKey
Fri, May 16
Gold set for worst week in 6 months as trade calm dents appeal
May 16 (Reuters) - Gold prices dropped on Friday and were poised for their steepest weekly decline in six months, as a stronger dollar and waning trade war concerns dampened its appeal as a safe-haven asset.Spot gold XAU= shed 0.6% to $3,221.19 an ounce as of 0624 GMT. Bullion has lost more than...
Reuters
Fri, May 16
