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Tesla hiked the Cybertruck Cyberbeast price by $15K to $114,990, now with the "Luxe Package" including supervised FSD and free Supercharging.
The US housing market continues to show signs of weakness, as homebuilders like Toll Brothers face headwinds from a challenging environment marked by high interest rates and cautious homebuyers.
Meta paused AI hiring after adding 50+ staff, citing organizational planning and yearly budgeting for its new superintelligence efforts.
USD/JPY is in a strong short-term uptrend and is now testing a major long-term resistance level. The critical ceiling to watch is the 149.00 price zone, with bullish indicators confirming the rally's strength. A decisive break above this level would signal a continuation of the uptrend. However, if the price is rejected here, expect a pullback towards support around 148.20.
Sony is raising U.S. PlayStation 5 prices by $50 starting Thursday. The PS5 Pro will cost $749.99 as tariffs and a slow gaming market impact costs.
Mitsubishi is recalling 91,697 Outlander SUVs in the U.S. due to a risk of the rear hatch falling unexpectedly, U.S. safety regulators said Thursday.
Tesla launched a 6-seat Model Y L in China for $47.2K. Musk says it may not come to the U.S. due to self-driving tech. Tesla faces tough local EV rivals.
Tech stocks show weakness after AI-driven surge. Investors trim exposure ahead of Fed Chair Powell's Jackson Hole speech, eyeing possible rate cut signals.
Microsoft limited some Chinese firms' access to its cyber threat alert system after suspected Beijing-linked hacks on its SharePoint servers raised security concerns.
The price has broken out of its bearish channel, a strong bullish signal that's supported by momentum indicators. The next key test for this new rally is the major resistance at the 100-period moving average around 64.78. If the price can clear that level, the bullish outlook is confirmed. However, a drop back inside the old channel would signal that
New Zealand will spend NZ$2.7B on 5 MH-60R Seahawks and 2 Airbus A321XLRs to upgrade its aging defense fleet, its first major military investment in years.
Lowe's reported solid second quarter results for 2025, with sales and earnings slightly higher than last year. Total sales reached $24.0 billion, up from $23.6 billion in Q2 2024, and comparable sales grew 1.1%. Net earnings were $2.4 billion, and diluted earnings per share (EPS) was $4.27. After adjusting for acquisition costs related to Artisan Design Group (ADG), adjusted EPS
Investors doubt insider Michael Fiddelke can fix Target's struggles as he's named CEO, replacing Brian Cornell in Feb. His top goal: "get us back to growth."
Lowe's to buy Foundation Building Materials for $8.8B, boosting pro market push. Shares up 3% as it beats Q2 profit and raises annual sales forecast.
In Q2 fiscal 2025, The Home Depot reported $45.3 billion in sales, up 4.9% year-over-year. Comparable sales rose 1.0%, with U.S. comps up 1.4%. Net earnings were $4.6 billion, flat from last year, while diluted EPS was slightly lower at $4.58 (GAAP) and $4.68 (adjusted). Customer transactions dipped 0.9%, but average ticket size increased 1.2% to $90.01, reflecting stronger spending per
Finance groups urge a rethink of upcoming Basel crypto rules, warning they could limit banks' ability to engage in crypto markets due to strict risk standards.
New Zealand's central bank cut rates to 3.00%, a 3-year low, and signaled more cuts ahead, sending the NZ dollar down 1.2% to $0.5819 and swap rates to 2022 lows.
China's rare earth magnet exports jumped 75% in July to 5,577 tons, a 6-month high, signaling a rebound after earlier export curbs, customs data showed Wednesday.
U.S. may take equity stakes in chipmakers like Intel, Micron, TSMC, and Samsung in return for CHIPS Act funding, as Commerce Secretary Lutnick explores the option.
The U.S. will raise tariffs on 400+ steel and aluminum-based products, including turbines, cranes, and furniture, with a 50% tariff on metal content, officials said.
U.S. deficits will be $1T higher over the next decade, hitting $22.7T by 2035 due to tax, spending laws, and tariffs, a budget watchdog said Wednesday.
U.S. single-family home starts rose 2.8% in July to 939K units; permits edged up 0.5% to 870K, ending a 4-month slide, despite high rates and economic uncertainty.
Anheuser-Busch InBev will invest $15M in its U.S. brewery, part of a $300M plan to boost U.S. jobs amid Trump's push for more domestic production.
Xiaomi's Q2 revenue jumped 30.5% to 116B yuan ($16.16B), beating forecasts, driven by strong demand for its new YU7 electric SUV.