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Trump says China will supply rare earths, US to allow students
WASHINGTON, June 11 (Reuters) - President Donald Trump said on Wednesday the U.S. deal with China is done, with Beijing to supply magnets and rare earth minerals while the U.S. will allow Chinese students in its colleges and universities. "WE ARE GETTING A TOTAL OF 55% TARIFFS, CHINA IS GETTING ...Reuters
Wed, Jun 11
Breaking: OpenAI Slashes o3 Price by 80%, Partners Google to Challenge Microsoft
TradingKey - On June 10th, Eastern Time, OpenAI made headlines again with the launch of its "most powerful ever" AI model, o3-pro, while slashing the price of o3 by 80%. Additionally, reports have surfaced that OpenAI has teamed up with Google in a cloud services partnership.
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Wed, Jun 11
TSMC Delivers Strong Results — Can High-Cost Expansion Sustain Long-Term Profitability?
TradingKey – TSMC yesterday reported its May 2025 monthly revenue , which reached NT$320.516 billion , representing a monthly decline of 8.3% , but a significant year-over-year increase of 39.6%, setting the second-highest record in company history and slightly exceeding market expectations.TradingKey
Wed, Jun 11
Japan PM says wage growth better than tax cuts to combat inflation
TOKYO, June 11 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Wednesday that achieving wage growth is the most effective way to help households combat inflation, while brushing off the idea of reducing the consumption tax rate."Wage growth is the most effective measure to combat risi...Reuters
Wed, Jun 11
Soared 272%, Then Suddenly "Wiped Out"! Circle Plummets 8.1% — Is the Speculative Bubble Bursting?
Circle Internet (NYSE: CRCL), the issuer of the popular stablecoin USDC that has been making waves in the U.S. stock market, suffered its biggest single-day drop on Tuesday, sending shockwaves through investor circles.TradingKey
Wed, Jun 11
Goldman Signals a New Short Squeeze Wave – Could the Russell 2000 Be the Next Big Winner?
TradingKey - Driven by strong economic data and a macro environment that continues to boost risk appetite, Goldman Sachs’ “Most-Shorted Rolling Index” (GSCBMSAL) has surged dramatically. Historically, such a move could signal that Wall Street is entering one of the biggest short squeezes in years...
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Wed, Jun 11
World Bank, OECD, and IMF All Cut 2025 Economic Growth Forecasts Due to Trump’s Tariffs
TradingKey - Following the International Monetary Fund (IMF) and the Organisation for Economic Co-operation and Development (OECD), the World Bank has now also downgraded its forecast for global economic growth in 2025, warning that the 2020s may become the slowest-growing decade since the 1960s.TradingKey
Wed, Jun 11
Chinese carmakers vow to make timely supplier payments as backlash to price war grows
BYD, Chery, Geely and Xiaomi among automakers to make pledgesPledges follow steel association outcry, regulatory pressure China suppliers hurting from brutal price war that has cut profits SHANGHAI, June 11 (Reuters) - Major Chinese car manufacturers have pledged to make payments to suppliers wit...Reuters
Wed, Jun 11
June 22 Tesla Robotaxi Debut Countdown, Stock Price Gaining Momentum
TradingKey - On Tuesday evening Eastern Time, Tesla (TSLA) CEO Elon Musk announced significant news via social media; the tentative date for the public trial operation of Tesla Robotaxi (the autonomous ride-hailing service) is set for June 22.
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Wed, Jun 11
IBM to Launch the World’s First Fault-Tolerant Quantum Computer by 2029, Stock Price Soars for Eight Consecutive Days
TradingKey - On Tuesday, International Business Machines (IBM) saw its stock price rise by 1.5%, closing at $276.24, marking its eighth consecutive day of gains. Year to date, the stock has climbed over 25%, a rise that is closely tied to IBM's ambitious plans in quantum computing.
TradingKey
Wed, Jun 11
Analysts Hesitate as U.S.-China Talks Set the Framework, but Details Are Still Missing
TradingKey - The ongoing de-escalation in U.S.-China trade tensions has prompted Wall Street heavyweights like Morgan Stanley and Goldman Sachs to turn more bullish on U.S. stocks. However, many analysts remain cautious — while a consensus framework has been reached through the London negotiations..TradingKey
Wed, Jun 11
PRECIOUS-Gold rises as US-China trade deal uncertainty fuels demand
US, China reach framework deal to ease export restrictionsTrump, Xi to review, approve framework agreement, officials saysU.S. consumer price index data due at 1230 GMTBy Anmol Choubey June 11 (Reuters) - Gold prices rose on Wednesday as uncertainty surrounding the finalisation of a U.S.-China tr...Reuters
Wed, Jun 11
TradingKey Collaborates with LSEG to Advance Retail Investor Tools
TradingKey announced a collaboration with LSEG (London Stock Exchange Group) on Monday to integrate the financial news and data feeds from the global financial markets' infrastructure provider into its platform, significantly expanding resources available to retail investors worldwide.Other
Wed, Jun 11
Tesla's public robotaxi rides set for tentative June 22 start, CEO Musk says
By Abhirup Roy SAN FRANCISCO, June 10 (Reuters) - Tesla TSLA.O tentatively plans to begin offering rides on its self-driving robotaxis to the public on June 22, CEO Elon Musk said on Tuesday, as investors and fans of the electric vehicle maker eagerly await rollout of the long-promised service.Mu...Reuters
Wed, Jun 11
