Global chip stocks fall on ASML’s disappointing outlook, possible U.S. export cap
Global semiconductor stocks dropped, after ASML's third-quarter results pointed to a weaker 2025 sales outlook than the Dutch firm guided…
Category: Economy
Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August
Mortgage interest rates rose last week for the third straight week, hitting the highest level since August. ...
Morgan Stanley tops estimates on better-than-expected wealth management, trading and banking results
Morgan Stanley has several tailwinds in its favor, from high stock values to a rebound in investment banking and strong…
Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
Boeing's CEO Ortberg will answer to investors in his first Oct. 23 earnings presentation as the aerospace giant faces swirling…
Warren Buffett’s Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal
Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the…
Trump Media stock surges as election betting odds shift, Truth Social launches streaming site
The DJT surge came as some election betting markets shifted in favor of Donald Trump over Kamala Harris, and as…
Fed Governor Waller sees need for ‘more caution’ ahead when lowering interest rates
Waller on Monday signaled that future interest rate cuts will be less aggressive than the big move in September. ...
Nvidia closes at record as AI chipmaker’s market cap tops $3.4 trillion
Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand…
Trump to move fast on tariffs, says Wall Street firm, citing clients who met with ex-trade chief
Lighthizer, the U.S. trade representative during Trump's first term, is a top prospect for a number of potential Cabinet posts…