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Dow futures rocket higher by 1,100 points after U.S.-China agree to cut tariffs: Live updates
Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters U.S. stock futures jumped early Monday after the U.S. and China agreed to temporarily slash tariffs following negotiations over the weekend in Switzerland. Dow Jones Industrial Average futures gained 1,117 points, or 2.6%. S&P 500 futures climbed 3.1%, and Nasdaq-100 […]
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Stocks making the biggest moves premarket: Nvidia, Best Buy, Eli Lilly, Tesla, Amazon and more
Check out the companies making headlines before the bell. Big Tech stocks – Shares of megacap technology companies surged after the U.S. and China agreed to temporarily cut tariffs , bringing the U.S. tariff rate on Chinese imports down to 30% and China’s duties on U.S. imports to 10%. Tesla , which has seen declining […]
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U.S.-China breakthrough send tech and chip stocks soaring
HANGZHOU, CHINA – JUNE 3, 2024 – The NVIDIA logo and the Apple logo are pictured in Hangzhou city, Zhejiang province, China, June 6, 2024. On June 5, Eastern time, Nvidia’s stock market value exceeded $3 trillion, officially surpassing Apple’s market value and becoming the world’s second largest technology giant by market value. It is […]
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Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround
A robotic arm fills prescriptions at a Walgreens’ micro-fulfillment center. Courtesy: Walgreens As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation. The company is expanding the number of retail stores served by its micro-fulfillment centers, which use robots to fill thousands of prescriptions for patients who take medications to […]
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Trump’s trade war is giving renewed importance to advertising Upfronts
Michelle Monaghan, Leslie Bibb, and Carrie Coon in ‘The White Lotus’ on HBO. Courtesy: Fabio Lovino | HBO Media companies are staring down widespread economic uncertainty as their annual pitch to advertisers and marketers kicks off. This week legacy entertainment giants including Comcast’s NBCUniversal, Fox Corp. and Warner Bros. Discovery will stage presentations to ad buyers […]
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First Chinese freight ship goods hit with Trump’s 145%-plus tariffs arriving at U.S. ports
Container ships sit docked at the Port of Los Angeles on May 06, 2025 in San Pedro, California. Justin Sullivan | Getty Images News | Getty Images The first shipping containers carrying Chinese products that are subject to President Donald Trump’s 145% tariffs have begun arriving in U.S. ports. Seven ships carrying upward of 12,000 […]
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Tech’s strong ad sales are showing signs of cracking from Trump’s trade war
Mark Zuckerberg arrives before the inauguration of Donald Trump as the 47th president of the United States takes place inside the Capitol Rotunda of the U.S. Capitol building in Washington, D.C., Monday, Jan. 20, 2025. Kenny Holston | Via Reuters The digital advertising market was sunny enough for investors this past quarter, providing what could […]
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Something ‘striking’ is happening with apartment renters
Renting has its benefits. It’s usually cheaper than buying a home, and it offers the freedom of moving without much hassle. That’s why about half of apartment renters in large urban markets usually move when their leases expire. But that is not happening now. The low turnover is “striking,” according to real estate analyst Alex […]
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How Amazon plans to catch Google and Microsoft in the quantum computing race
Another major player has entered the quantum-computing race: Amazon. The tech giant is the latest to make waves in the field with the February announcement of Ocelot, its own quantum chip. Amazon joins fierce competition from familiar rivals in cloud computing as Google, Microsoft and others race after what they say could be their next […]
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Affirm drops 10% on weaker-than-expected guidance for current quarter
PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn Ridley | Sportsfile | Getty Images Affirm, the provider of buy now, pay later loans, gave a revenue forecast for the current quarter that trailed analysts’ estimates even as profit for […]
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