Sweden’s Northvolt files for bankruptcy in blow to Europe’s battery sector
Battery maker Northvolt has filed for bankruptcy in Sweden, dealing a blow to Europe’s battery manufacturing capabilities. The firm said…
China’s commerce ministry met with Walmart on supplier pricing, state media says
Beijing officials met with Walmart this week to discuss media reports that the U.S. retailer has asked Chinese suppliers to…
Why Palantir (PLTR) Stock Is Up Today
What Happened? Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 7% in the pre-market session after the company revealed…
Why Is Tesla (TSLA) Stock Rocketing Higher Today
What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 8.8% in the morning session after President Trump said he…
Porsche Cuts Profit Target From IPO After China Sales Slump
Porsche (P911.DE, POAHY) lowered another profitability goal set at the time of its blockbuster listing after the luxury-car maker’s earnings…
Gold Steadies as Markets Weigh Trade War and US Recession Risks
Gold steadied, underpinned by haven demand after Wall Street was whipsawed by President Donald Trump’s on-off tariff plans and his…
Renault cuts 300 jobs at van factory as European market slows
Renault Group will cut 300 jobs at a van factory in northern France, the carmaker said on Tuesday, responding to…
Wall Street’s souring view on the US stock market isn’t just about the economy — it’s about AI too
This year’s stock market sell-off has been dramatic, but it also contains almost all of the same characters that have…
Stock market today: Dow sinks 700 points, S&P 500 nears correction as Trump escalates trade war with Canada
Stocks plummeted Tuesday, reversing an earlier attempt to stage a comeback after President Trump said he’s boosting tariffs on Canadian…
Chinese rapeseed meal, oil contracts surge after 100% tariffs on Canadian imports
Zhengzhou rapeseed meal and oil contracts jumped on Monday, the first day of trade since China decided to impose 100%…