News
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China starts work on easing rare earth export rules but short of Trump hopes, sources say
Nov 7 (Reuters) - China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of restrictions as hoped by Washington, industry insiders said.Reuters
Mon, Nov 10
Crude recovers late in session on hopes over US-Hungary meeting
US crude stocks rose more than expected last weekPrivate reports suggest US labor market weakened in OctoberGunvor withdraws proposal to buy Lukoil's overseas assetsBy Erwin Seba HOUSTON, Nov 7 (Reuters) - Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian...Reuters
Fri, Nov 7
Peloton shares jump as turnaround strategy gains traction
Nov 7 (Reuters) - Peloton Interactive PTON.O shares jumped 7% on Friday after the fitness company beat quarterly revenue estimates, buoyed by early traction from its revamped product lineup and price hikes across hardware and subscriptions, reinforcing investor confidence in its turnaround strategy....Reuters
Fri, Nov 7
Nvidia Just Announced Massive Quantum Computing News
Quantum computing is one of the hottest sectors in the stock market. Several stocks in the industry have produced incredible returns in 2025 but are quite volatile, and it's not uncommon to see them rise or fall by double digits each week.The Motley Fool
Fri, Nov 7
WRAPUP 4-China's exports suffer worst downturn since Feb as tariffs hammer US demand
Exports slide, worst outcome since Feb, as front-loading effect fadesImport growth slowest in 5 months, highlights soft domestic demandData underline rising pressure on economy as US tariffs shake up global trade By Joe Cash and Ethan Wang BEIJING, Nov 7 (Reuters) - Chinese exports unexpectedly f...Reuters
Fri, Nov 7
Australian shares hit six-week low as Macquarie, banks weigh
Macquarie shares drop 5.7%, hit six-month lowBlock's ASX shares down 15.8%Qantas falls 6.6% after trimming forecastBy Nichiket Sunil Nov 7 (Reuters) - Australian shares closed at their weakest level in more than six weeks on Friday, weighed down by a steep drop in Macquarie after the top...Reuters
Fri, Nov 7
Japan's long-dated bond yields rise as PM picks reflationists for key posts
Japanese government bond yields ticked higher on Friday, led by longer-dated debt, as new Prime Minister Sanae Takaichi named advocates of expansive fiscal policy to posts at the government's top economic panel.Reuters
Fri, Nov 7
Gold gains as dollar weakens, US rate-cut bets grow
US private jobs data indicates weak labour marketUS dollar fell to 1-week low on ThursdayGold trading below $4,000/oz, set for a weekly lossBy Ishaan Arora Nov 7 (Reuters) - Gold rose on Friday as the dollar slid after U.S. private-sector job reports signalled weakness in the country's labour...Reuters
Fri, Nov 7
Pop Mart Falls 4% to 5-Mth Low After Confirming Ongoing Investigation on Live Broadcast Incident
Pop Mart stock fell over 4% on Friday.Recently, during a promotional livestream for a certain IP product on a platform, a conversation between two on-site staff members was captured.One staff questioned why the product was priced so high, to which the other responded, ‘It's fine, people will still bTiger News
Fri, Nov 7
US to block Nvidia's sale of scaled-down AI chips to China, The Information reports
Nov 6 (Reuters) - The White House has informed other federal agencies that it will not permit Nvidia NVDA.O to sell its latest scaled-down AI chips to China, The Information reported on Thursday, citing three people familiar with the matter.Nvidia has provided samples of the chip to several of its C...Reuters
Fri, Nov 7
Elon Musk's $1 trillion Tesla pay plan wins shareholder approval
Analysts see vote as positive for Tesla stockMusk's voting rights influenced approval despite oppositionMusk's pay tied to ambitious Tesla milestonesTesla's future hinges on Musk's ambitious AI and robotics visionBy Abhirup Roy and Akash Sriram SAN FRANCISCO, Nov 6 (Reuters) - Tes...Reuters
Fri, Nov 7
US finalizes domestic flight cuts to start at 4% on Friday
WASHINGTON, Nov 6 (Reuters) - The U.S. Federal Aviation Administration on Thursday ordered airlines to cut domestic flight operations by 4% at 40 high-traffic airports starting at 6 a.m. ET (1100 GMT) on Friday, citing safety concerns about air traffic control during the government shutdown.ReutersReuters
Fri, Nov 7
OpenAI discussed government loan guarantees for chip plants, not data centers, Altman says
OpenAI explores selling computing capacityOpenAI plans $1.4 trillion in capital commitments over eight yearsNo federal bailout for AI, says White House AI czar David SacksBy Deepa Seetharaman, Krystal Hu and Arsheeya Bajwa Nov 6 (Reuters) - OpenAI has spoken with the U.S. government about the pos...Reuters
Fri, Nov 7
Fed’s Hammack: It will take two to three years to get inflation back to 2%
Federal Reserve (Fed) Bank of Cleveland President Beth Hammack spoke at the Economic Club of New York on Thursday. She said that the federal policy should remain modestly restrictive to lower inflation, and that it will take two to three years to return inflation to 2%.Fxstreet
Fri, Nov 7
Nvidia Dropped 4% As Trump Official Says "No Federal Bailout" For AI
Nvidia (NVDA) stock led the tech sector lower on Thursday, dropping 3.6% after a Trump official said the government had no intention of backstopping the artificial intelligence industry in reference to comments by OpenAI's (OPAI.PVT) CFO.White House artificial intelligence and crypto czar David Sack
Tiger News
Fri, Nov 7
Japan's Nikkei drops as tech shares track Wall Street peers lower
TOKYO, Nov 7 (Reuters) - Japan's Nikkei share average fell on Friday as heavyweight tech stocks tracked a decline in U.S. peers overnight.The tech-heavy Nikkei .N225 slid 1.3% to 50,209.13.The broader Topix .TOPX lost 0.5% to 3,298.34.Startup investor SoftBank Group 9984.T dropped 7.5%, while ch...Reuters
Fri, Nov 7
