Hedge funds cut ‘Mag Seven’ to two-year low ahead of earnings
By Carolina Mandl NEW YORK (Reuters) -Global hedge funds last week dumped the so-called Magnificent Seven megacap stocks, bringing their…
US stocks extend slide as Trump harangues Powell, S&P 500 down 3%
(Reuters) -Wall Street’s main indexes each slid to more than one-week lows on Monday after U.S. President Donald Trump doubled…
Fed’s Goolsbee hopes US not moving to where monetary independence is questioned – CBS ‘Face the Nation’
(Reuters) -Chicago Federal Reserve President Austan Goolsbee said on Sunday that he hopes the United States is not moving to…
Exclusive-Nvidia kept some China customers in the dark about new US chip clampdown, sources say
By Fanny Potkin and Liam Mo SINGAPORE (Reuters) -Nvidia did not warn at least some major customers in advance about…
China’s US envoy urges end to trade war, but warns Beijing ready to fight
By Lewis Jackson (Reuters) -China’s ambassador to the United States, Xie Feng, has urged Washington to seek common ground with…
Republican senator criticizes Trump, calls Abrego Garcia case a ‘screw up’
By Kanishka Singh WASHINGTON (Reuters) – Republican U.S. senator John Kennedy criticized President Donald Trump and his administration on Sunday…
Exclusive-Tesla to delay US launch of affordable EV, a lower-cost Model Y, sources say
By Abhirup Roy, Aditi Shah, Hyunjoo Jin SAN FRANCISCO/NEW DELHI/SEOUL (Reuters) -Tesla’s long-awaited plans for an affordable car include a…
Nvidia CEO stresses importance of China market in Beijing visit, Chinese state media reports
BEIJING (Reuters) – Nvidia CEO Jensen Huang said on Thursday that China was a very important market for Nvidia after…
China shipbuilders rip Trump’s ‘short-sighted’ US port fees
BEIJING (Reuters) -China’s shipbuilders on Saturday blasted as “short-sighted” U.S. port fees announced by President Donald Trump’s administration on China-linked…
Russia’s Putin declares unilateral Easter ceasefire in Ukraine
(Reuters) -Russian President Vladimir Putin declared a unilateral Easter ceasefire in Ukraine, ordering his forces to end hostilities at 6…