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Japan's Nikkei rises to 44,000 for first time on trade, spending optimism
By Rocky Swift TOKYO, Sept 9 (Reuters) - Japan's Nikkei share average climbed past 44,000 for the first time on Tuesday as optimism over trade and potential increases in stimulus spending spread through the market.The Nikkei 225 Index .N225 jumped 0.9% to 44,018.78 in early trading, set for a...Reuters
an hour ago
Apple iPhone event may lack sparkle, but rumored iPhone Air likely to spur upgrades
Rumored iPhone Air could spur upgrades, analysts sayApple faces AI competition from rivals like Google and SamsungApple may raise iPhone prices via memory upgrades, without direct price hikesBy Stephen Nellis SAN FRANCISCO, Sept 8 (Reuters) - When Apple AAPL.O debuts new iPhones on Tuesday, anal
Reuters
an hour ago
Intel announces key executive shake-up, says products chief Holthaus will exit
Sept 8 (Reuters) - Intel INTC.O announced a series of top executive changes on Monday, including the departure of products chief Michelle Johnston Holthaus, at a time when CEO Lip-Bu Tan intensifies efforts to turn around the struggling U.S. chipmaker.Holthaus, who will leave after more than three d
Reuters
an hour ago
Nasdaq Notches Record High Close; Quantumscape and EchoStar Up 20%; Robinhood Up 16%; AppLovin Up 12%; Broadcom Up 3%
The Nasdaq notched a record high close on Monday, lifted by a rally in Broadcom, while the S&P 500 also gained as investors bet the Federal Reserve will soon lower borrowing costs to shore up economic growth.Market SnapshotThe S&P 500 climbed 0.21% to end at 6,495.15 points. The Nasdaq gained 0.45%
Tiger News
an hour ago
US tariffs on Japanese goods to be cut by Sept 16, Japan's Akazawa says on X
TOKYO, Sept 9 (Reuters) - U.S. tariffs on Japanese goods including cars and auto parts are set to be lowered by September 16, Japan's tariff negotiator Ryosei Akazawa said in an X post on Tuesday.Citing a U.S. Federal Register document dated September 9 that formalised President Donald Trump'...Reuters
2 hours ago
Citi Downgrades Nvidia Price Target, Predicting Broadcom’s XPU Could Cost Nvidia $12 Billion in 2026
TradingKey - Shortly after Broadcom (AVGO), the ASIC chip giant, reported strong Q2 earnings, Citi made a rare move by downgrading its price target on Nvidia, signaling that Nvidia’s competitive moat may be facing a real challenge from Broadcom.
TradingKey
12 hours ago
Wall St set to open higher as Fed rate-cut expectations firm
Sept 8 (Reuters) - Wall Street's main indexes were set for a higher open on Monday, rebounding from the previous session's decline, amid hopes that the Federal Reserve could lower borrowing costs soon in response to the latest jobs data.Reuters
12 hours ago
German exports unexpectedly fall, investor morale plunges
Sept 8 (Reuters) - German exports unexpectedly fell in July on a sharp decline in U.S. demand due to Washington's tariffs on European imports, official data showed on Monday, while a survey indicated that investor morale has plunged this month.Reuters
13 hours ago
A Black September for U.S. Stocks? Except for the Fed Rate Cut
TradingKey - Starting around the historically strong “July rally,” Wall Street analysts have increasingly voiced concerns about a weak third quarter for U.S. equities — citing the so-called “dangerous August” and the “September curse.” Yet in reality, risk appetite has outweighed valuation concerns,
TradingKey
13 hours ago
Gold rallies into uncharted territory, fueled by Fed easing bets and global risks
Gold (XAU/USD) begins the week on an impressive bullish note, soaring to fresh all-time highs above $3,600 per ounce on Monday. The move extends last week’s rally amid growing conviction that the Federal Reserve (Fed) will cut interest rates at its September monetary policy meeting...
Fxstreet
14 hours ago
EchoStar Shares Surge 61% on Spectrum Sale and Strategic Alliance with SpaceX
TradingKey - EchoStar Corporation (SATS.US) soared 61% to $108 in pre-market trading on Monday, following the announcement of a major transaction worth approximately $17 billion with SpaceX, the company led by Elon Musk. As of this report, the stock was still up over 22%.
TradingKey
14 hours ago
ASML Makes a Bold Move into AI with €1.3 Billion Investment in Mistral, Targeting US Model Independence
TradingKey - On Monday, reports emerged that semiconductor equipment manufacturer and lithography giant ASML has announced its investment in French AI startup Mistral AI, committing €1.3 billion to become the company's largest shareholder. This collaboration between the two European tech firms is se
TradingKey
15 hours ago
Japanese PM's Resignation Sparks Market Panic: Yen and JGBs Sold Off Amid "Abenomics Return?" Fears
TradingKey - On September 7, Japanese Prime Minister Shigeru Ishiba announced his resignation on the eve of the Liberal Democratic Party's decision on whether to hold a temporary leadership election on the 8th, citing "unwillingness to cause party division."
Japan Q2 GDP Gets a Boost from Consumer Spending; Political Uncertainty Clouds Outlook
TradingKey - On Monday, September 8, Japan's Cabinet Office announced an upward revision of the country's second-quarter GDP, driven by increases in private consumption and savings. The GDP growth rate was adjusted from 0.3% to 0.5% quarter-on-quarter, equating to an annualized rate revised from 1.0TradingKey
15 hours ago
Hedge Funds Ramp Up Call Options on RMB — Racing to Break 7 or Staying Cautious?
TradingKey - The weak August nonfarm payrolls report — highlighting persistent U.S. labor market weakness — is pushing the Federal Reserve toward its first policy shift of the year. With a weakening dollar outlook, hedge funds are ramping up call options on the Chinese yuan (RMB) against the U.S.
TradingKey
16 hours ago
Volkswagen in advanced talks with US over investment deal
VW in talks with US to mitigate tariff impactInvestment in US would boost supply chain, local employmentCEO says Porsche brand in 'sandwich' between China, tariffsUndecided whether Blume will give up VW or Porsche CEO role By Christoph Steitz and Louisa Off MUNICH, Sept 8 (Reuters) - Volk...Reuters
16 hours ago
U.S. August CPI Data Will Determine the Fed's Rate Cut Size，Apple’s Fall Launch Event Draws Investor Attention【The week ahead】
TradingKey - This week, markets will focus on the August CPI and PPI data—should inflation readings show further cooling, it could strengthen the case for a Fed rate cut.
TradingKey
16 hours ago
