News
Important Only
Global shares gain, as US dollar steadies following recent steep plunge
NEW YORK/LONDON, May 14 (Reuters) - Global shares gained and major Wall Street indexes were mixed on Wednesday as trade tensions eased between the world's two largest economies, and the U.S. dollar steadied after recent losses.Reuters
Thu, May 15
US close to letting UAE import millions of Nvidia's AI chips, sources say
NEW YORK/DUBAI, May 14 (Reuters) - The U.S. has a preliminary agreement with the United Arab Emirates to allow it to import 500,000 of Nvidia's NVDA.O most advanced AI chips per year, starting in 2025, two sources familiar with the situation said, boosting the Emirates' construction of data centers
Reuters
Thu, May 15
Aramco says has US tie-ups worth up to $90 billion amid Trump Gulf tour
DUBAI, May 14 (Reuters) - Saudi Aramco 2222.SE said on Wednesday it had signed 34 preliminary deals with major U.S. companies, potentially worth up to $90 billion in a push to deepen commercial ties with the United States on the back of President Donald Trump's visit to the kingdom.Reuters
Thu, May 15
Fed policymakers on hold to seek clarity from the data, but the data are not cooperating
WASHINGTON, May 14 (Reuters) - Federal Reserve policymakers are leaving interest rates where they are while they try to assess how U.S. President Donald Trump's sweeping tariffs and ongoing trade negotiations will affect prices and the economy.Reuters
Thu, May 15
S&P 500 closes slightly higher, investors focus on trade, wait for data
May 14 (Reuters) - The S&P 500 closed slightly higher after flitting between gains and losses during Wednesday's session as investors waited for the next batch of economic data after a robust start to the week spurred by soft inflation data and a U.S.-China tariff truce.Reuters
Thu, May 15
Oil falls after US crude inventories rise
US crude inventories rose last week as imports jumped, EIA saysOPEC trims 2025 non-OPEC+ oil supply growth forecastAPI data shows crude stocks rose 4.3 million barrels last weekUS dollar rebounds from earlier declines By Nicole Jao NEW YORK, May 14 (Reuters) - Oil prices eased on Wednesday after ...Reuters
Wed, May 14
Nvidia supplier Foxconn cuts outlook due to currency appreciation
Q1 net profit rises 91% year on yearFoxconn confident on AI server demand, but tariffs cloud outlookFoxconn looking to expand EV footprint, no new projects announcedBy Wen-Yee Lee and Yimou Lee TAIPEI, May 14 (Reuters) - Taiwan's Foxconn 2317.TW, the world's largest contract electronics m...Reuters
Wed, May 14
Germany's Merck drops China surcharge on orders after US-China tariff deal
SHANGHAI, May 14 (Reuters) - German healthcare and materials group Merck KGaA MRCG.DE has dropped a surcharge on life sciences sector orders within China following the U.S.-China agreement to pause sky-high tariffs on each other, the company said Wednesday.
Be underweight U.S. equities, neutral on the Magnificent 7: Deutsche Bank
Investing.com -- Deutsche Bank is advising investors to remain underweight U.S. equities while maintaining a neutral stance on the so-called "Magnificent 7" technology giants, despite a recent pickup in U.S. market performance.
Investing.com
Wed, May 14
Tesla board explores new pay deal for CEO Elon Musk, FT reports
May 14 (Reuters) - Tesla's TSLA.O board has formed a special committee to review CEO Elon Musk's compensation, which could result in a new stock options package, the Financial Times reported on Wednesday.The two-member committee comprises Tesla board Chair Robyn Denholm and independent board...Reuters
Wed, May 14
Sterling snaps seven-day streak of gains against the euro
May 14 (Reuters) - Sterling slid against the euro on Wednesday after seven straight days of gains, while it rose against a weakened dollar as the market shed the initial optimism from a de-escalation in U.S.-China trade tensions at the beginning of the week.
Bitcoin Barely Budges Despite Softer US CPI Data – What’s Next For BTC?
Bitcoin (BTC) remained largely stable after the release of the US Consumer Price Index (CPI) for April 2025, which came in below expectations. The data suggests inflation is continuing to cool, a potentially positive sign for risk-on assets like BTC. Bitcoin Makes Minimal Move After April CPI Data T
Bitcoin surges to $105,000 as Ether and XRP lead extended market recovery on US-China trade deal
Bitcoin just hit $105,000 for the first time in three months, kicking the crypto market back into full gear. This jump came after news broke about a 90-day truce in the US-China trade war, with both sides agreeing to reduce some tariffs. Traders immediately started buying risk assets. The reaction w
Is the Dollar Rally Just a Blip? Hedge Fund Watcher: The Multiyear Dollar Bear Market Has Just Begun!
TradingKey — Following the U.S.-China tariff agreement reached in Geneva, the U.S. Dollar Index (DXY) saw a sharp rebound, only to experience its biggest drop in a month shortly after. Although the easing of trade tensions has somewhat calmed bearish sentiment toward the dollar, analysts warn that..TradingKey
Wed, May 14
Trump's Middle East Visit: Saudi Arabia Pioneers the AI Era, U.S. Secures Trillion-Dollar Investment, NVIDIA and AMD Surge
TradingKey — U.S. President Donald Trump’s Middle East visit has brought both Saudi Arabia’s AI development vision and major U.S. tech and manufacturing firms into focus, culminating in the largest commercial agreement ever signed between the two countries.
TradingKey
Wed, May 14
Japan's Nikkei falls on profit booking, Topix snaps 13-day winning rally
TOKYO, May 14 (Reuters) - Japan's Nikkei share average fell on Wednesday as investors booked profits from a recent rally, while the broader Topix snapped its longest winning streak in nearly 16 years.The Nikkei .N225 reversed earlier gains to end 0.14% lower at 38,128.13. However, the index reco...
Reuters
Wed, May 14
