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The Nevada utility will stop supplying electricity to the region after May 2027, leaving Liberty Utilities scrambling to find a replacement source

Chinese President Xi Jinping warmly welcomed a delegation of US CEOs on Thursday during the first day of President Trump's visit to the country.

Apple (AAPL) continues to draw attention after recent share price gains, with the stock up 15.3% over the past month and 14.2% over the past 3 months, prompting fresh questions around valuation and earnings power. See our latest analysis for Apple. At a share price of $298.87, Apple’s recent 15.3% 30 day share price return and 10.3% year to date share price return sit alongside a 41.3% 1 year total shareholder return, suggesting momentum has been building over both shorter and longer...

Apple Stock Breaks Out as Wall Street Cheers Growth Outlook

Xi Jinping has told American chief executives travelling with Donald Trump that China’s door to business “will only open wider and wider” as...

President Donald Trump‘s counselor and economist, Peter Navarro, had criticized Elon Musk-led Tesla Inc. (NASDAQ:TSLA) last year, calling the company a “car assembler” reliant on overseas parts from China and other countries. Now, Chinese President Xi Jinping has said the country could allow more U.S. investment in China. Open Criticism The comments were highlighted by Bloomberg presenter Joumanna Nasr Bercetche on X on Thursday. She shared that Navarro, as well as Trump, had “openly criticized

Netflix holds firm despite a 16% monthly drop as ad growth, rising cash flow and a packed content slate support outlook.

U.S. stock markets closed mixed on Wednesday following hotter-than-expected key inflation data.

Shares of European semiconductor companies were edging higher after Foxconn reported robust first-quarter revenue and profit and as President Trump brings a delegation of tech CEOs on his trip to China. Foxconn, which generates a significant share of revenue making AI servers for companies like Nvidia, reported 19% growth in net profit to 49.92 billion New Taiwan dollars and 29% growth in revenue to 2.120 trillion New Taiwan dollars. Meanwhile, Trump is meeting Chinese leader Xi Jinping in a summit attended by Nvidia's Jensen Huang, Apple's Tim Cook and Tesla's Elon Musk.

Futures for the main U.S. indexes were building on gains from the previous session as the tech stock rally continues.

Foxconn Technology Group reported robust first-quarter revenue and profit as it ramped up production of server racks, other advanced equipment and consumer devices for the global artificial-intelligence buildout.

(Bloomberg) -- Xi Jinping signaled China is moving toward greater openness, striking an upbeat note during his meeting with US business leaders accompanying Donald Trump as the two presidents wrapped up morning talks that featured more divisive issues like trade and Taiwan.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Land

Net profit for January-March for Nvidia's ​biggest server maker and Apple's top iPhone assembler was T$49.92 billion ($1.58 billion), versus a LSEG consensus estimate of T$48.88 billion. In an earnings release, it stuck to its previous forecast of "strong" growth for revenue this year ‌and said it also ⁠saw strong demand for AI servers. Foxconn, formally called Hon Hai Precision ⁠Industry, in April reported a 30% on-year jump in first-quarter revenue.

Donald Trump’s state visit to China gives the US president an opportunity to distract attention from his war with Iran and troubles at home,...

May 14 (Reuters) - In China, Elon Musk has been the object of love - and occasional loathing.

Apple (NasdaqGS:AAPL) CEO Tim Cook is joining President Trump and other top U.S. tech leaders on a business delegation to China. The group is meeting Chinese officials to discuss technology, trade, and regulatory issues that directly affect Apple's position in the country. The summit focuses on market access, product approvals, and longer term cooperation in areas such as hardware and AI. For Apple, China is a key market for iPhone, iPad, Mac, and wearables, as well as a core hub for its...

Trading near record highs, this tech giant's stock may still have plenty of upside over the next decade.

Investors are watching chips, aerospace, agriculture and rare earths as Trump and Xi head into high-stakes talks.

I’ve been studying portfolio concentration for years, and one stat from Schwab’s On Investing podcast keeps echoing in my head. In 2022, the Magnificent Seven fell roughly 40% while the S&P 500 dropped 18%. Our data confirms the pain: SPY shed 20% that calendar year, while Meta Platforms (NASDAQ:META) collapsed 64%, NVIDIA (NASDAQ:NVDA) fell 51%, ... The Magnificent Seven Fell 40% While the S&P Dropped 18%: Here’s How Much Tech Concentration You Can Actually Afford

(Bloomberg) -- President Donald Trump arrived in Beijing for the first state visit to China by a US leader in nine years, as the world’s two largest economies look to stabilize ties with a summit playing out against the backdrop of the Iran war.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Lands in China for Xi Trade Summi

(Bloomberg) -- President Donald Trump arrived in Beijing for the first state visit to China by a US leader in nine years, as the world’s two largest economies look to stabilize ties with a summit playing out against the backdrop of the Iran war.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueTrump Lands in China for Xi Trade Summit With Ira

Apple’s (AAPL) AI strategy has been quiet for a while, but things could change quickly. Wedbush analyst Dan Ives raised his 12-month price target on Apple to $400 from $350, making it the most bullish call among major Wall Street analysts, according to TheFly. The move shows a broader ...

Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Thursday, May 15, including updates from President Trump’s meeting with Chinese President Xi Jinping, earnings reports from Viking Holdings (VIK), Klarna (KLAR), Applied Materials (AMAT), and Figma (FIG), and a check-in on the consumer as new U.S. retail sales data is released.

Eyes are on the crucial Trump-Xi summit that has kicked off in Beijing, with trade and AI high on the agenda.

The Nasdaq Composite and the S&P 500 reached fresh peaks on Wednesday, buoyed by a rally in technolo

The latest leg of a blistering Nvidia stock rally fueled fresh records for the S&P 500 and Nasdaq Wednesday, after Chief Executive Jensen Huang joined a high-stakes China summit that could determine the next phase of the global AI arms race. Shares of Nvidia rose 2.3%, their sixth consecutive day of gains. In a sign of the chip maker’s dominance over the market, Nvidia in intraday trading became the first company to reach a market capitalization of $5.5 trillion.

The S&P 500 and Nasdaq ran higher, led by Google, Nvidia, Tesla and other titans. Cisco earnings beat while AI chipmaker Cerebras will price its IPO.