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Samsung Electronics shares extend gains after Tesla deal, but challenges remain
Samsung faces challenges in securing additional large customersMemory business needs considerable progress, analyst saysTesla deal could boost Samsung's Texas factory By Hyunjoo Jin and Zaheer Kachwala Seoul, July 29 (Reuters) - Shares in Samsung Electronics 005930.KS eked out small gains on...Reuters
Tue, Jul 29
How to Assess the U.S.-EU Tariff Deal? A Relief for European Firms, But a Slap to EU Sovereignty
TradingKey - After the U.S. and European Union reached a trade agreement on a 15% tariff rate, the euro and European stocks initially rebounded. But as more political leaders and analysts began to recognize the deal as a forced concession by the EU, the euro plunged 1% on Monday, July 28 — its sharp
TradingKey
Tue, Jul 29
Pop Mart Jumped 5% as JP Morgan says Don't Worry About Labubu's Search Popularity Dip, Look at Hello Kitty
Pop Mart Jumped 5% as JP Morgan says Don't Worry About Labubu's Search Popularity Dip, Look at Hello KittyJPMorgan believes that although Labubu's search popularity has declined by 5% from its peak, this is not a sign of its waning popularity, but rather a normal phenomenon in the development procesTiger News
Tue, Jul 29
China's yuan at one-week low; market awaits Sino-US talks, Politburo meet
SHANGHAI, July 29 (Reuters) - China's yuan touched a fresh one-week low against the dollar on Tuesday, pressured by the US currency's broad strength overseas after the US-EU trade deal, while investors anxiously await the outcome of trade talks between Beijing and Washington.The dollar jumpe...
Reuters
Tue, Jul 29
South Korea in push for US trade deal to offer package including shipbuilding tie-up
Seoul officials in all-out push to secure trade deal before deadlineSouth Korea to propose package including cooperation in shipbuilding at Washington meeting, fin minLutnick says Seoul "really wants to get a deal" after officials met him in ScotlandBy Jihoon Lee SEOUL, July 29 (Reuters) ...Reuters
Tue, Jul 29
What to Expect from U.S.-China Talks in Sweden: 90-day Extension, No Japanese-Style Breakthrough
TradingKey - Trade delegations from China and the United States are currently holding talks in Stockholm, Sweden, in a bid to de-escalate their ongoing tariff dispute. After the first day of discussions, little information has been released — but markets are betting the most likely outcome is aTradingKey
Tue, Jul 29
Figma IPO: Price Range Raised, Oversubscribed 30x — Set to Become the "Flagship" Software IPO
TradingKey - After adopting the rare auction-like IPO pricing mechanism, cloud-based design and collaboration platform Figma has drawn overwhelming investor demand — leading the company to raise its share price range from $25–$28 to $30–$32 and report over 30 times oversubscription.
TradingKey
Tue, Jul 29
S&P 500 barely makes it to another closing record
Nasdaq, S&P 500 eke out record closing highs; Dow slipsEnergy leads S&P 500 sector gainers; Real Estate weakest groupDollar rallies ~1%; crude up ~3%; bitcoin, gold downUS 10-Year Treasury yield edges up to ~4.41%Welcome to the home for real-time coverage of markets brought to you by Reuters...Reuters
Tue, Jul 29
Buffett's Berkshire to sell one-third of VeriSign stake
July 28 (Reuters) - Berkshire Hathaway BRKa.N will sell about one-third of its more than $4 billion stake in VeriSign VRSN.O, an internet infrastructure and domain name registry company that Warren Buffett's conglomerate has invested in since 2012, VeriSign said on Monday.VeriSign, based in Rest...Reuters
Tue, Jul 29
Trump team hears pitches on access to Myanmar's rare earths
Trump administration is focused on rare earths, China competitionSome Trump allies wary of intervening in conflictMyanmar mines heavy rare earths that are processed in ChinaBy Trevor Hunnicutt, David Brunnstrom, Devjyot Ghoshal and Poppy McPherson WASHINGTON/BANGKOK, July 28 (Reuters) - The TrumpReuters
Tue, Jul 29
Oil climbs on EU trade deal, potential US-China tariff truce extension
Brent crude hits highest level since July 18 on MondayUS and China officials at Stockholm for trade talksTrump's shorter deadline for Russia on Ukraine war raises oil flow concernsBy Anjana Anil July 29 (Reuters) - Oil extended gains on Tuesday, lifted by hopes of improved economic activity a...
Reuters
Tue, Jul 29
Waymo to launch autonomous ride-hailing in Dallas next year
July 28 (Reuters) - Alphabet's GOOGL.O Waymo said on Monday it will roll out its autonomous ride-hailing service in Dallas in 2026, accelerating its U.S. expansion as electric vehicle maker Tesla TSLA.O pushes to grow its recently launched robotaxi business.After years of cautious growth, Waymo ...
Reuters
Tue, Jul 29
Bond Prices fall after EU trade deal, mixed auctions
NEW YORK, July 28 (Reuters) - U.S. Treasuries slipped on Monday, pushing yields higher, as investors showed more optimism about the global economic outlook after the United States and the European Union struck a trade agreement on Sunday.Reuters
Mon, Jul 28
Oppenheimer Joins Wall Street Bull Chorus: Hiking S&P 500 Target to 7,100
TradingKey - On July 28, Oppenheimer Asset Management announced a significant upward revision of its year-end S&P 500 target from 5,950 points (revised downward in April) to 7,100 points, representing an 11.2% upside potential from the current level of approximately 6,382 points.TradingKey
Mon, Jul 28
Trump Signals Global Tariff Push — Will Impose Uniform Rate on Nations Without Deals
TradingKey - U.S. President Donald Trump said Monday, during a joint press conference in Turnberry, Scotland with British Prime Minister Keir Starmer, that he “very likely” will impose a uniform 15% to 20% import tariff on all countries that have not signed bilateral trade agreements with the US.TradingKey
Mon, Jul 28
Gold falls for fourth day as US–EU trade deal boosts US Dollar, yields
Gold price extended its losses for the fourth consecutive trading day, down more than 0.60%, as the European Union (EU) and the United States (US) reached a trade agreement over the weekend, reducing duties on EU goods from a proposed 30% to 15%.
Fxstreet
Mon, Jul 28
Oil rises 2% on US-EU trade deal, Trump's shorter deadline for Russia
US, European Union avert trade war with 15% tariff dealTrump reduces deadline for Russia to end war in Ukraine to 10-12 daysOPEC+ panel stresses need for full compliance with output limitsBy Stephanie Kelly NEW YORK, July 28 (Reuters) - Oil prices rose 2% on Monday after a trade deal between the ...Reuters
Mon, Jul 28
