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Walmart will likely raise some prices if Trump tariffs take effect, CFO says

Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed…
Economy

ECB warns of ‘bubble’ in AI stocks as funds deplete cash buffers

FRANKFURT (Reuters) – The European Central Bank warned on Wednesday about a “bubble” in stocks related to artificial intelligence (AI), which could…
Economy

Trump to unleash nearly 40% tariffs on China in early 2025, hitting growth: Reuters poll

By Vivek Mishra and Kevin Yao BENGALURU/BEIJING (Reuters) – The United States could impose nearly 40% tariffs on imports from China early…
Economy

China overtakes Germany in industrial use of robots, says report

BERLIN (Reuters) – China has overtaken Germany in the use of robots in industry, an annual report published by the International Federation…
Economy

Nvidia’s results, Comcast spinoff, UK inflation – what’s moving markets

Investing.com — Wall Street is seen trading slightly higher as investors await the release of results from chipmaker Nvidia, which could drive…
Economy

France’s Le Pen threatens to topple government on cost-of-living concerns

PARIS (Reuters) – French far-right leader Marine Le Pen on Wednesday threatened to seek to topple Prime Minister Michel Barnier’s fragile coalition…
Stock

Apple sales slump on singles’ day, Huawei jumps

Investing.com — China’s Singles’ Day smartphone sales dropped 9% year-on-year during the two-week sales period, reflecting muted consumer enthusiasm amid economic challenges,…
Stock

Bernstein sees Apple stock rising to $290 in bull-case scenario

Investing.com — Bernstein analysts believe Apple (NASDAQ:AAPL) stock could climb to as high as $290 per share in their bull case scenario….
Stock

Trump’s nominations signal ‘years of chaos’: Piper Sandler

Investing.com — The recent nominations by President-elect Donald Trump, including Matt Gaetz and RFK Jr., are signaling what could be “years of chaos,”…
Stock

STMicro cuts 2025-27 targets, shares down

Investing.com — Shares of STMicroelectronics fell on Wednesday after the company announced a delay in its long-term financial targets.  The semiconductor manufacturer…
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