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UBS raises S&P year end target, eyes more gains in 2026
Business

UBS raises S&P year end target, eyes more gains in 2026

(Reuters) – UBS Global Wealth Management on Thursday raised its year-end target for the S&P 500 to 6,000 from 5,800…

May 23, 2025May 23, 2025
Nuclear stocks surge on report of Trump executive orders to boost industry

Nuclear stocks surge on report of Trump executive orders to boost industry

(Reuters) -Shares of nuclear power companies surged in premarket trading after a report that U.S. President Donald Trump would sign…

May 23, 2025May 23, 2025
Markets slump as Trump recommends 50% tariff on EU, targets Apple
Economy

Markets slump as Trump recommends 50% tariff on EU, targets Apple

LONDON (Reuters) -U.S. President Donald Trump said on Friday he is recommending a straight 50% tariff on goods from the…

May 23, 2025May 23, 2025
Nvidia earnings in focus as rising US yields, debt rattle markets

Nvidia earnings in focus as rising US yields, debt rattle markets

By Lewis Krauskopf NEW YORK (Reuters) -An earnings report from semiconductor giant and artificial intelligence bellwether Nvidia takes center stage…

May 23, 2025May 23, 2025
Alphabet hits near three-month high on new AI updates
Business

Alphabet hits near three-month high on new AI updates

(Reuters) -Alphabet shares jumped 4% on Thursday, rising for a second straight day, as investors cheered the Google parent’s artificial…

May 22, 2025
Exclusive-FTC probes Media Matters over Musk’s X boycott claims, document shows

Exclusive-FTC probes Media Matters over Musk’s X boycott claims, document shows

By Jody Godoy and Mike Scarcella (Reuters) -The U.S. Federal Trade Commission has demanded documents from Media Matters about possible…

May 22, 2025
US Steelworkers union urges Trump to block Nippon Steel’s bid for U.S. Steel

US Steelworkers union urges Trump to block Nippon Steel’s bid for U.S. Steel

WASHINGTON (Reuters) -The United Steelworkers union urged U.S. President Donald Trump on Thursday to block Nippon Steel’s bid for U.S.…

May 22, 2025
FTC drops case over Microsoft’s $69-billion Activision Blizzard deal
Business

FTC drops case over Microsoft’s $69-billion Activision Blizzard deal

By Jody Godoy (Reuters) – The U.S. Federal Trade Commission dropped a case that sought to block Microsoft’s $69-billion purchase…

May 22, 2025
Ackman’s hedge fund Pershing Square bets on Amazon, exits Canadian Pacific
Business

Ackman’s hedge fund Pershing Square bets on Amazon, exits Canadian Pacific

By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Bill Ackman told clients on Thursday that his hedge fund bought Amazon…

May 22, 2025
No place to hide from any China-Taiwan conflict, investors say
Business

No place to hide from any China-Taiwan conflict, investors say

By Ankur Banerjee SINGAPORE (Reuters) -Foreign investors could once barely imagine that China would invade neighbouring Taiwan, but with Donald…

May 22, 2025

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