Tesla CEO Musk’s demand warning sparks selloff in EV stocks
By Aditya Soni and Akash Sriram (Reuters) – Elon Musk’s warning that high interest rates could sap electric-vehicle demand knocked…
Wall St ends lower on Powell remarks as benchmark Treasury yields near 5%
By Stephen Culp NEW YORK (Reuters) – U.S. stocks slid and 10-year U.S. Treasury yields reached a 16-year high after…
Netflix shares surge on big subscriber additions despite Hollywood strikes
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Streaming pioneer Netflix showed resilience by gaining more quarterly subscribers than…
TSMC expects ‘healthy growth year’ as Q3 profit beats expectations
By Sarah Wu and Yimou Lee TAIPEI (Reuters) – Taiwanese chipmaker TSMC posted a 25% fall in third quarter net…
Netflix raises prices and adds subscribers, despite strikes
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix increased subscription prices for some streaming plans in the United…
Tesla CEO Musk raises alarm on interest rates, hesitates on Mexico factory
By Hyunjoo Jin, Akash Sriram and Joseph White (Reuters) -Tesla CEO Elon Musk said on Wednesday that he was concerned…
Lam Research forecasts revenue below estimates despite China business boom
By Jaspreet Singh and Max A. Cherney (Reuters) -Chip manufacturing equipment supplier Lam Research forecast second-quarter revenue slightly below Wall…
US stocks end sharply lower, crude jumps on Middle East tensions
By Stephen Culp NEW YORK (Reuters) – Wall Street stocks tumbled and crude prices surged on Wednesday as escalating Middle…
Slain Palestinian boy mourned in Illinois; stabbing suspect appears in court
By Bianca Flowers and Brendan O’Brien BRIDGEVIEW, Illinois (Reuters) -Tearful mourners on Monday gathered in prayer at a mosque and…
Republican Jim Jordan loses first US House speaker vote, plays for time
By David Morgan, Makini Brice and Moira Warburton WASHINGTON (Reuters) -Combative right-wing Republican Jim Jordan on Tuesday sought more time…