Stocks

U.S.–China Trade War Escalates, Sparking Global Market Jitters

Washington’s 100% tariffs and Beijing’s rare earth export controls mark a new escalation in the trade conflict, unsettling markets worldwide.

US Government's Bold Move: The New Frontier of U.S. Industrial Policy

The Trump administration’s direct equity stakes in Intel and MP Materials mark a major shift in U.S. industrial policy—turning Washington from funder to shareholder in critical sectors.

TSMC Stock (TSM): Surges Ahead With Bold Growth Forecast, $42B Capex

TSMC ups revenue growth to 35% and commits $42B in capex, signaling strength despite China tensions and global chip uncertainty.

Walmart Stock (WMT): Bets Big on AI Enabling ChatGPT Shopping with OpenAI

Walmart partners with OpenAI to enable ChatGPT shopping, sending its stock to record highs. Analysts see promise in AI-driven retail—but success depends on flawless execution and user adoption.

Nestlé Plans Major Job Cuts to Boost Growth

In one of its biggest shakeups yet, Nestlé plans to axe 16,000 roles over two years, a move intended to sharpen efficiency and refocus growth under CEO Philipp Navratil.

Bank Earnings Drive Modest Market Gains Amid Trade Tensions

Strong quarterly results from major U.S. banks helped lift markets on Wednesday, easing some investor concerns over U.S.-China trade tensions. Bank of America and JPMorgan Chase led the financial sector rally with notable gains.

China’s New Port Fees Shake Up Oil Shipping Routes

China’s new retaliatory port fees raise shipping costs and pressure U.S.-linked oil tankers to reroute.

Wood Group CEO Steps Down Amid Sidara Takeover Talks

CEO Ken Gilmartin steps down as Wood Group faces a pivotal October 23 vote on Sidara’s takeover bid—putting leadership and strategy under the spotlight.

Insured Catastrophe Losses Top $100B for Sixth Year

Catastrophic losses hit $105B in 2025 so far—marking six straight years above $100B and signaling rising pressure on insurers and investors alike.

Porsche EV Deliveries Surge Despite Sales Dip

Porsche's EV push accelerates—35% of deliveries are now electrified, even as total sales slip 6% in 2025.

Stellantis Unveils $13B Investment Plan for U.S. Plants

Stellantis announces a $13 billion investment to boost U.S. manufacturing, introducing five new vehicles and creating over 5,000 jobs.

BP Anticipates Stronger Q3 Production but Faces Challenges

BP expects higher production in Q3 2025, indicating growth potential amid market challenges.

Sanctions Imposed on Cambodian Network Linked to Online Scams

The US and UK imposed sanctions on a Cambodian network involved in online scams, including Prince Group, to combat global fraud.

Robinhood Expands into Prediction Markets through Acquisitions and Partnerships

Robinhood is exploring partnerships to enhance its prediction markets, aiming to grow its product suite and engage retail users more effectively.

Rigetti Stock (RGTI): Soars on Military Deals Despite Q1 Revenue Collapse

Rigetti stock jumps on $11M in deals, but weak Q1 revenue and tech hurdles cast shadows over its quantum future.