
White House says president’s accounts are invested in ‘computer-based model portfolios’ to replicate stock indexes.
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White House says president’s accounts are invested in ‘computer-based model portfolios’ to replicate stock indexes.

A sweeping agreement with startup Poolside aims to build an open artificial-intelligence ecosystem in the U.S. that would compete with Chinese heavyweights and American AI giants.

A German bank made a bold bear call on SpaceX just as a fresh wave of shares hits the market.

By Promit Mukherjee and Bhargav Acharya OTTAWA, Aug 22 (Reuters) - Prime Minister Mark Carney said on Saturday that Canada would impose tariffs starting September 8 on imports of U.S. steel,

Investors are looking for Kevin Warsh to clarify his views on how the US central bank should react to stubborn inflation when the Federal Reserve chair speaks on Friday at the annual gathering in Jackson Hole, Wyoming.

California and 11 other states sued in July to block the $81 billion merger between Paramount and Warner Bros. Discovery.

President Donald Trump made more than 1,000 securities trades in June, including significant purchases of Berkshire Hathaway Inc., Visa Inc., Mastercard Inc. and Cintas Corp., according to a financial disclosure published Saturday.

Some of Nvidia's largest customers have been told prices of servers containing its AI chips will rise by more than 15% in many cases with memory chip costs soaring, Bloomberg News reported on Saturday. The price hikes will go into effect on systems shipped early next year and will impact systems including those with the flagship Vera Rubin and Grace Blackwell chips, the report added, citing people familiar with the process. The increases will depend on Nvidia's chip generation and memory configurations, they said.

Aug 22 (Reuters) - Paramount and California state officials are set to meet on Monday to discuss a potential settlement path of the state's lawsuit aimed at stopping Paramount's acquisition of Warner

Representatives for Paramount and the parties suing to block its takeover of Warner Bros. Discovery (WBD) are set to meet next week for talks that could lead to a settlement.
Investing.com -- Apple Inc’s fiscal 2026 earnings-per-share estimate of $8.85 from BofA Securities sits slightly above the Bloomberg consensus average of $8.80 and the Visible Alpha consensus of $8.83, a narrow beat that the broker tied to an expected strong iPhone upgrade cycle driven by the need for the latest hardware to enable generative AI features.

A tricky stock market struggles against industry rotation and wavering investor confidence heading into the final full week of August.

Here are Cathie Wood’s latest moves.

With Nvidia reporting August 26, Oppenheimer just published insights about the stock that cut through the noise around the trade.
Companies are using tariff refunds to lower prices, cushion their margins, and, to a very small extent, return the money straight to the customer.
Investing.com -- Systematic trend-following funds’ equity positioning has climbed back to levels last seen before the outbreak of the Iran conflict, with room to rise further if realized volatility continues to decline, BofA Securities said in a recent note.

Second-quarter earnings across the S&P 500 were robust, with companies tied to artificial intelligence infrastructure continuing to account for a substantial portion of overall profit growth. S&P 500 earnings per share increased 31% from a year earlier during the quarter when excluding one-off income related to private investment holdings.

The new mission for casino operators: Look less like casinos.

The company’s turnaround efforts are paying off, and now Target is trying to share the wealth with shoppers.

Nucor, Steel Dynamics, Cleveland-Cliffs and Century Aluminum could be winners from U.S.-Canada trade talks breaking down. Last week those stocks tumbled on the prospect of a Canada trade deal that would lower U.S. tariffs on steel and aluminum. New 50% tariffs on a $20 billion worth of Canadian goods, including liquor, electrical equipment and hockey gear, took effect on Saturday.

Thanks to Scott Bessent, Fed Chair Warsh now finds himself stuck between a rock and a hard place.

Cryptocurrencies and precious metals shot higher, while the U.S. dollar weakened, after the Treasury Department said it planned to double its bond buybacks.

After a test flight and a tow, the company’s Starship spacecraft has inspired rumors, sightseers and a signature cocktail.

The market debut of artificial intelligence start-up Anthropic, a chief rival to OpenAI, could break the record set by SpaceX, US media have reported.Anthropic could then beat OpenAI, the maker of ChatGPT, to market.

Walmart is putting its massive tariff refund toward price investments.

Plus, the secret’s out on the Catskills, and Democrats gear up for a wave of investigations into Trump and his allies.

Facing stiffer competition from rivals, Tesla’s updated Model Y relies on its street-savvy software to maintain an edge
Investing.com -- The Pentagon has fired senior leaders at Stars and Stripes, the U.S. military newspaper, including its editor-in-chief and longtime publisher, Reuters reported Friday, citing statements and a source familiar with the matter.
Investing.com -- New 50% U.S. tariffs on about $20 billion of Canadian goods took effect Saturday after last-minute trade negotiations collapsed, prompting Canadian Prime Minister Mark Carney to pledge matching retaliation, Bloomberg reported.
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