The S&P 500 closed at a record above 7,800 after July producer price index data came in flat versus expectations for a 0.2% increase, cooling fears of another F

The producer price index was unchanged in July, well below the 0.2% gain economists had expected, signaling easing price pressures.

Reddit will be added to the benchmark S&P 500 index later this month, sending its shares up around 11% in after-hours trading.

Workday shares surged as much as 25% on reports that private-equity firm Silver Lake is in talks to acquire the HR software company.

Oil retreated as the U.S. provided data showing high crude export volumes through the Strait of Hormuz, easing supply disruption fears amid Iran tensions.

OpenAI is approaching a blockbuster IPO with annualized revenue exceeding $40 billion, though it lost its revenue chief Denise Dresser this week.

Nvidia partners with Wall Street firms on a $500 billion financing venture for AI compute infrastructure, with some investors saying the deal size is still not

Intel raises $20 billion in a stock offering to fund its turnaround and foundry ambitions, while CEO Lip-Bu Tan invests $12 million of personal funds, signaling

AMD strengthens its balance sheet with a debt raise and equity offering to fund capacity expansion as AI chip demand surges.

Washington maps how China rents Nvidia chips it cannot buy via third parties, and plans a Panama pilot to speed legitimate AI chip shipments.

China's top foundry SMIC reports profit more than tripling as AI chip demand fuels domestic semiconductor growth.

Intel's CEO invests $12 million of personal money in the company's stock offering, seen as a bullish signal for the turnaround plan.

Reuters reported that private equity firm Silver Lake is in talks to acquire Workday in a potential deal valued around $43 billion, sparking the stock's biggest

A cooler-than-expected inflation report drove broad market gains, with the S&P 500 reaching a new all-time high led by technology and software stocks.

JPMorgan initiated coverage on Salesforce with an overweight rating and $250 price target, arguing that AI fears for the software sector are overblown, while Sa

Oracle shares rose on a series of catalysts including an expanded AWS database partnership, a quantum computing deal with Quantinuum, and JPMorgan's call for 30

A broad rally in software and SaaS stocks took hold as investors grew more confident in AI returns, with the 'SaaSpocalypse' narrative fading and names like Mon

IBM will train and certify tens of thousands of its consultants on OpenAI technologies as part of a new partnership aimed at boosting enterprise AI adoption.

Nvidia and Wall Street firms are raising $500 billion to finance AI compute infrastructure, with a plan to help keep older GPUs productive and financed through

Cisco reported strong quarterly earnings and raised its 2027 revenue outlook, citing a surge in AI-related networking orders reaching $9.3 billion, but shares f

The chip equipment maker beat Q3 estimates and raised its Q4 outlook as surging AI chip demand drives semiconductor equipment spending.

The AI chip designer beat earnings expectations and raised its full-year outlook, but shares sank as investors were disappointed that results did not exceed alr

China's largest foundry saw profit jump over 200% as domestic AI chip demand surged, highlighting the strength of China's semiconductor push despite US export c

Lenovo reported a 43% revenue jump with its AI server business now crossing 50% of total revenue and shares surging 20% on the results.

Lilly takes legal action against sellers marketing unapproved knockoffs of its experimental GLP-1 drug retatrutide, highlighting ongoing black market concerns f

FDA approves the first cereblon E3 ligase modulator (CELMoD) for multiple myeloma, a new drug class for the blood cancer.

Novo Nordisk's CEO pushes back on zero-sum thinking in the obesity drug market, as competition with Lilly intensifies and analysts adjust outlooks.

A small study of Eledon's islet cell therapy achieved insulin independence in all 12 treated patients, a potential breakthrough in type 1 diabetes.

Senator Warren demands transparency from HHS Secretary RFK Jr on drug price negotiations conducted under the Trump administration's drug pricing initiative.

Lilly launches a program offering its obesity medications to Medicare beneficiaries for $50 a month, aiming to improve affordability.

EIA data shows a massive 17.4 million barrel crude build versus expectations of a draw, driven by a slump in exports and softer demand, pressuring WTI prices.

The International Energy Agency's August Oil Market Report warns that the Strait of Hormuz closure is tightening supply despite demand destruction, slashing 202

Consumer price index eased slightly, giving the Fed room to maneuver, though energy costs remain elevated due to geopolitical tensions.

Pump prices reach unprecedented levels for this time of year as the Iran conflict and Hormuz closure keep upward pressure on crude.

President Trump asserts US command of the strategic waterway amid ongoing Iran tensions, with Gulf bypass plans targeting 60% of Hormuz oil flows.

Crude trades sideways near $82-89 as stalled Hormuz negotiations balance against a massive US crude stock build and weakening demand signals.

Sweden's largest industrial union IF Metall ended its 1,021-day strike against Tesla after the company bought out every striking worker, marking the longest lab

Worldwide EV sales grew in July but North America saw a decline, highlighting growing regional divergence in EV adoption.

Ford recalls nearly 90,000 Mustang Mach-E models because a piece of glass trim on the rear side could detach while driving.

A German media report says Porsche will phase out the Taycan by 2030 amid weak EV demand, contradicting recent CEO statements.

Tesla stock rose on optimism around robotaxi progress and AI initiatives, despite ongoing profit challenges.

China's new energy vehicle market grew strongly in July with exports surging, even as some reports noted declining overall EV sales and fading incentives.

The Defense Department's space-based interceptor program cleared its first major milestone as contractors demonstrate feasibility before any production decision

Kyiv says a fraction of US Patriot inventory could neutralize Russian ballistic missile threats as allies debate donating interceptors.

Depleted interceptor inventories from the Epic Fury campaign against Iran have triggered urgency for replenishment across the industrial base.

The new system adds a gun-based layer to layered air defense networks designed to counter cruise missiles and drone swarms.

The upgraded launchers add a new C3 configuration to the UAE's ballistic missile defense network as US bolsters Gulf allies.

BofA CEO Brian Moynihan said the India investment reflects confidence in one of the world's most important growth markets.

The deal is Goldman's second multibillion-dollar ETF-related acquisition in nine months and is expected to close in Q1 2027.

The chipmaker is reportedly preparing a record bond sale to fund massive compute infrastructure for AI workloads.

The initiative tokenizes money market fund shares on blockchain, aiming to modernize collateral and settlement.

Several large US banks are leaving the UN-convened climate alliance, dealing a blow to Wall Street's net-zero commitments.

The licence allows Goldman to trade equities directly in Saudi Arabia, deepening its presence in the Gulf region.

The department store operator reported better-than-expected profit as tariff rebates and a litigation settlement padded the bottom line, though sales barely ros

Markets await July retail sales figures amid forecasts of a 10-month growth streak, with consumers showing resilience but some loss of momentum.

Products sold at major grocery chains are being recalled over Salmonella concerns.

The social commerce platform has surpassed several traditional retailers in US online sales volume.

Target hires its first chief AI officer from Lowe's and unveils fall and Halloween merchandise plans.

RBC says big-box retailers face a split quarter, with Walmart among those that could fall short of comparable sales estimates.

Caterpillar reported a record backlog exceeding $72 billion, with analysts focusing on margin trends and valuation as the stock continues its 2026 rally.

Boeing's deal with Archer Aviation, along with its Q2 backlog and analyst upgrades including from Argus and RBC Capital, is redefining its turnaround narrative.

Honeywell's stock remains resilient after its aerospace unit lowered guidance and absorbed an inventory hit, with analysts resetting expectations.

GE Vernova's strong Q2 results and position in data center power and grid upgrades are fueling upside, though some analysts question whether expectations are to

Unitree's heavily oversubscribed IPO is lifting robotics stocks including Ouster, Symbotic, and Teradyne amid investor enthusiasm.

Deere is set to report earnings next week with Wall Street expecting growth, while UAW tensions and mixed valuations also draw attention.

Copper prices hit a new all-time high on the Comex amid a severe squeeze in London, the strongest of the year.

Gold rallied to a nine-week high following US CPI data, and the LBMA snapshot survey predicts an average near $4,500/oz by year-end.

The Indian Parliament passed the MMDR Amendment Bill aimed at limiting states' power to levy additional taxes on minerals, with government assurances of no reve

Mining stocks have surged, adding $206 billion in market value over two weeks and doubling the S&P 500's year-to-date return.

MP Materials has entered into a classified aerospace contract, signaling deepening ties between rare earth supply and defense.

India's Ministry of Heavy Industries received 20 bids, including from L&T and Coal India, for a Rs 7,280-crore rare earth magnet manufacturing incentive scheme.