Month: March 2025
Target will report earnings before the bell. Here’s what Wall Street expects
Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, on Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images Target will report fiscal fourth-quarter earnings on Tuesday and show investors whether it is driving more full-price sales of discretionary merchandise, which has long been the retailer’s primary money maker. […]
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South Korean defense stocks track gains in global peers amid rising security concerns
In this handout photo released by the South Korean Defense Ministry, South Korean navy vessels taking part in a naval drill off the east coast on September 4, 2017 in East Sea, South Korea. Getty Images South Korean defense stocks rose Tuesday, in line with a broad-based pickup in defense names globally, as the Russia-Ukraine […]
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Malaysia will take ‘necessary action’ if its companies are involved in Nvidia fraud case: Trade minister
Nvidia’s headquarters on Feb. 26, 2025, in Santa Clara, California. Justin Sullivan | Getty Images Malaysia said it will take “necessary action” against Malaysian companies if they are found to be involved in a fraud case linked to the alleged movement of Nvidia chips from Singapore to China. That comes after Singapore Law and Home […]
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China ‘firmly rejects’ additional U.S. tariffs, says it will implement countermeasures
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China “firmly rejects” additional U.S. tariffs on Chinese goods and will take countermeasures, the Ministry of Commerce said in a statement Tuesday. The duties will […]
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Trump halts all U.S. military aid to Ukraine, White House official says
U.S. President Donald Trump meets with Ukrainian President Volodymyr Zelenskyy at the White House in Washington, D.C., U.S., Feb. 28, 2025. Brian Snyder | Reuters U.S. President Donald Trump has paused all military aid to Ukraine following his clash with Ukrainian President Volodymyr Zelenskiy last week, a White House official said on Monday. “President has […]
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Asia-Pacific markets set to track Wall Street declines as Trump tariffs dent sentiment
China World Trade Center. Dukai Photographer | Moment Open | Getty Images Asia-Pacific markets were set to fall Tuesday, tracking Wall Street declines overnight after U.S. President Donald Trump made it clear that tariffs on Mexico and Canada would go into effect as planned. Japan’s benchmark Nikkei 225 was set to open lower, with the […]
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23andMe special committee again rejects CEO Wojcicki’s take-private offer
Anne Wojcicki, co-founder and chief executive officer of 23andme Inc., during the South by Southwest (SXSW) festival in Austin, Texas, US, on Friday, March 10, 2023. Jordan Vonderhaar | Bloomberg | Getty Images 23andMe‘s special committee of independent directors on Monday rejected CEO Anne Wojcicki’s proposal to take the distressed genetic testing company private. Wojcicki […]
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Huawei charts cautious global comeback with ultra-expensive phones — but major challenges remain
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC BARCELONA — Huawei is dipping its toes back into the international smartphone market, but analysts warn the lingering effects of U.S. sanctions is likely to hamper the Chinese company’s ability to compete with leaders Apple and Samsung. Over the past […]
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AI cloud provider CoreWeave files for IPO
CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market. In its IPO prospectus on Monday, CoreWeave said revenue in 2024 soared more than 700% to $1.92 billion. The company recorded a net loss of $863.4 million. In 2024, 62% of CoreWeave’s revenue came from Microsoft. […]
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