By Andrea Shalal WASHINGTON (Reuters) – Three Democratic senators on Monday urged U.S. President Donald Trump to “dramatically revise” the…
Hedge funds flee techs stocks before tariffs take hold, says Goldman Sachs
By Nell Mackenzie LONDON (Reuters) -Hedge funds last week ditched tech stocks at the fastest pace in six months and…
Investors react to Trump announcement of auto tariffs
(Reuters) – U.S. President Donald Trump said late on Wednesday that the United States will effectively charge a 25% tariff…
Trump’s auto tariffs will hit many companies, but Elon Musk’s Tesla less so
By Akash Sriram and Arsheeya Bajwa (Reuters) -As the global auto world reeled from the potential fallout of Donald Trump’s…
Car-carrying ships send added cargo to US ahead of looming tariffs
By Victoria Waldersee BERLIN (Reuters) – Car-carrying ships have sent more cargo from Europe and China, Japan and Korea to…
Hedge funds short Nvidia, Tesla and AMD, Morgan Stanley says
By Carolina Mandl NEW YORK (Reuters) -Hedge funds are increasingly betting against stocks, with Nvidia, Advanced Micro Devices and Tesla…
BlackRock launches new model portfolio to further private market push
(Reuters) – BlackRock has launched its first model portfolio blending private and publicly traded assets, it said on Wednesday, as…
Rivian spin-off Also reveals it will make lightweight electric vehicles
By Akash Sriram (Reuters) – Micromobility startup Also said on Wednesday it has been spun-off from electric-vehicle maker Rivian Automotive…
Trump sets Wednesday press conference for auto tariffs, White House says
(Reuters) -U.S. President Donald Trump plans to hold a press conference on Wednesday afternoon to announce tariffs on automobile imports,…
X to report first annual ad revenue growth since Musk’s takeover, data shows
By Jaspreet Singh (Reuters) – Elon Musk-owned social media platform X is poised for the company’s first year of advertising…