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President Donald Trump said in a ‌Truth Social post on ‌Thursday that Apple had agreed to ​work with Intel to design and build its chips in the United States. Intel had reached a ‌preliminary deal ⁠to make some chips for Apple, following discussions ⁠that went on for more than a year, the ​Wall Street ​Journal reported ​in May.

The risk/reward ratio on stocks doesn't look as good as it used to.

U.S. President Donald Trump said in a Truth Social post on Thursday that Apple has agreed ‌to work with Intel to design and manufacture its chips ‌in the United States. A partnership with Intel helps Apple diversify its manufacturing base ​as it seeks additional chip capacity. The iPhone maker relies heavily on TSMC, whose advanced production lines are in high demand from AI chipmakers such as Nvidia and AMD.

By Streisand Neto LONDON, June 18 (Reuters) - Electric vehicle giant BYD is interested in getting involved with the Formula One motor racing circuit as it aims to boost its brand outside its home market of China, where it already has a strong foothold. However, becoming F1’s first Chinese outfit ‌would be expensive and linking up with an existing team poses challenges, so a sponsorship-based approach might provide an easier pathway into the sport.

(Bloomberg) -- Lenovo Group Ltd. fetched $2 billion from the sale of seven-year convertible bonds, two years after it raised a similar amount from Saudi Arabia’s sovereign wealth fund.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded Foldable iPhone in

Berkshire Hathaway is very important — for both its sheer size and its symbolic position in American business. It is worth over a trillion dollars...

(Bloomberg) -- The Federal Reserve may need to raise interest rates as soon as September if inflation remains elevated, according to Rob Kaplan, vice chairman at Goldman Sachs Group Inc. and former Dallas Fed president. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USTrump Blows Through His Iran Red Lines in Justifying Peace DealNetanyahu Pays a Po

SpaceX's IPO is just the beginning of what will be a closely monitored stock, with many important events over the next six months that investors will want to be aware of.

The U.S. and Iran electronically signed a 14-point Memorandum of Understanding on Wednesday, extending their ceasefire and establishing a framework for a peace agreement.

Nation-state cyberattackers are increasingly using residential proxy networks to mask their traffic, turning everyday electronics into a massive global threat.

For years, Netflix (NFLX) has been trying to convince Wall Street that growth can still be driven by streaming size, global content, and pricing power. The argument is still valid, but that might not be the whole story anymore. Fox’s imminent acquisition of Roku offers a new kind of edge in ...

Fox (FOX) just made the biggest move of its post-Disney era, agreeing to buy Roku for roughly $22 billion. But the stock fell sharply the day the deal landed and kept sliding the next session, pushing Fox shares to a fresh 52-week low. Now one of Wall Street’s most followed analysts has weighed in, ...

Even when excluding the significant upward revisions to Energy sector estimates, aggregate Q2 earnings estimates for the remainder of the S&P 500 index would still be in positive territory since the start of April.

Stocks tumbled on Wednesday after Kevin Warsh’s first press conference as chairman of the Federal Reserve. Warsh said he wasn’t concerned with the market’s reaction to his debut, which is for the best, given the Dow Jones Industrial Average slid 1% while the S&P 500 fell 1.2% and the Nasdaq Composite lost 1.3%. Interest rate increases are one of Wall Street’s concerns, and those seem to be on the table, potentially as soon as this fall, opines Capital Economics’ Chief North America Economist Stephen Brown.

SK Hynix said on Thursday ‌it has shipped samples ‌of its latest high-bandwidth memory (HBM) ​chips to major customers, as the South Korean chipmaker seeks to strengthen its position ‌in the ⁠fast-growing AI semiconductor market. The next-generation 12-layer HBM4E ⁠chip reaches speeds of up to 16 gigabits per ​second per ​pin ​and offers over ‌20% better power efficiency than previous models, the company said. HBM chips are used in AI chipsets and are ‌crucial components for ​processors such as ​those ​made by Nvidia, ‌helping handle vast data ​needed ​to train AI models.

CarMax delivered better-than-expected quarterly results, but the stock still sank.

(Bloomberg) -- Kevin Warsh began his tenure as chairman of the Federal Reserve with a solemn vow to curb inflation and a clear sign that he plans to swiftly revamp how the US central bank does its job.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealApple Plans Camera AirPods Alongside Upgraded F

Wall Street eyed the odds of Hormuz reopening after the interim US-Iran peace deal went into effect, and weighed signs the Fed is starting to lean toward a rate hike.

Wall Street eyed the odds of Hormuz reopening after the interim US-Iran peace deal went into effect, and weighed signs the Fed is starting to lean toward a rate hike.

Wall Street eyed the odds of Hormuz reopening after the interim US-Iran peace deal went into effect, and weighed signs the Fed is starting to lean toward a rate hike.

US stock futures edged up as Wall Street digested the interim peace deal between the US and Iran as well as the latest Federal Reserve decision on interest rates.

A number of stocks fell in the afternoon session after the Federal Reserve held its benchmark rate at 3.5%–3.75%, where it sat since the central bank cut by three-quarters of a point in late 2025, while its dot plot signaled the easing cycle might reverse.

Elon Musk boosted his voting power in Tesla to 20% by turning some of his stock options into shares that he can immediately vote but can’t sell until 2028. Fresh off last week’s SpaceX IPO, Musk made good on an April agreement with Tesla to convert outstanding options on roughly 300 million shares that he received from a 2018 pay package, securities filings show. The unusual transaction meant Musk didn’t walk away with more plain-vanilla Tesla shares.

According to a media report, the leader of its internal AI initiative is leaving the company.

XPeng Inc (XPEV) reports strong vehicle deliveries and AI-driven growth, but faces revenue declines and increased costs impacting financial performance.

Edreams Odigeo SA (EDEMY) outlines ambitious membership growth targets and financial strategies while addressing revenue margin pressures and transparency concerns.

<body><p>STORY: U.S. stocks ended lower on Wednesday, as the Dow dropped about 1%, the S&P 500 shed 1.2% and the Nasdaq slid about one-and-a-third percent.&nbsp;</p><p>Kevin Warsh held his first press conference as Federal Reserve Chair on Wednesday after the central bank wrapped its June policy meeting. The Fed left interest rates unchanged, as expected, but new projections showed nine central bank officials expect at least one rate hike by the end of 2026.&nbsp;&nbsp;</p><p>Warsh himself did not submit an interest-rate-path projection, noting that the central&nbsp;bank would scale back on offering forward guidance.&nbsp;</p><p>Brian Mulberry is chief market strategist at Zacks Investment Management.</p><p>"The market's just kind of digesting, I think, a lot of this right now, as we all probably need to sleep a couple of nights on this and figure out what's going to happen next. But I think what you're going to find out is that the Fed is just going to come back to providing stable monetary policy over a long period of time and stop trying to forecast so much what's going to happen month to month, meeting to meeting, and where interest rates should go is simply down to around 2.5 or 3.5%, stay there, so that inflation can be about 2 to 2.5% over a long period of time."</p><p>::Archive</p><p>Meanwhile, oil prices edged back up on Wednesday after President Donald Trump said the agreement with Tehran on the Iran war was not final and that the conflict could resume if he is unsatisfied.</p><p>Among individual stock moves, CME Group slipped about 3.5% after the exchange operator said its CEO will step down on March 1 and transition to the role of executive chairman.</p><p>And shares of Allbirds soared 39% after the footwear maker-turned-AI company changed its name to Smartbird and appointed former Amazon executive Nadia Carlsten as CEO.</p></body>

Baidu Inc (BIDU) reports robust growth in AI-driven sectors despite a slight dip in overall revenue, showcasing strategic advancements in AI Cloud and robotaxi operations.

The stock is down 10.5% this month, after closing May 8% lower.

Sequoia Capital’s Roelof Botha, who previously served as the firm’s top leader, has joined SpaceX as a director on its board. Botha will serve as an independent director, expanding the new public company’s board to nine people including Chief Executive Elon Musk and President Gwynne Shotwell.