Temu, Shein slash digital ads as tariffs end cheap shipping from China, data show
Chinese online marketplace Temu and fast-fashion retailer Shein, two of the biggest advertisers on U.S. social media, are sharply cutting…
Oil set for weekly rise on new Iran sanctions
Oil prices rose on Thursday and traded near their highest in two weeks on supply concerns after the United States…
OpenAI’s $500 billion Stargate venture weighs future UK investment
Stargate, a $500 billion U.S. data-centre project funded by SoftBank, OpenAI and Oracle, is weighing a future investment in the…
Bitcoin Drops 1.5% as Powell Signals Uncertainty on Rates
Bitcoin dipped 1.5% to $83,700 during remarks by Federal Reserve Chair Jerome Powell at the Economic Club of Chicago on…
Dollar resumes fall as investors wait on trade talks
The dollar resumed its fall on Wednesday with both safe havens and risk sensitive currencies outperforming the greenback as traders…
Exclusive-Nvidia kept some China customers in the dark about new US chip clampdown
Nvidia did not warn at least some major customers in advance about new U.S. export rules it was told about…
ASML warns tariffs cloud outlook for 2025 and 2026
-ASML (ASML), the world’s biggest supplier of computer chip-making equipment, said on Wednesday that tariffs were increasing uncertainty around its…
Netflix taps OpenAI to power mood-based streaming searches — here’s what that could mean
Netflix is pairing up with OpenAI on a new search function, looking to use AI to better understand your exact…
Boeing is in the crosshairs of the US-China trade war
Boeing shares fell 2.4% on Tuesday as China reportedly halted orders amid ongoing tariff tensions. China Southern Airlines stopped its…
Oil Futures turn higher as China open to talks with US
Oil erased an earlier decline after China said it is potentially open to trade talks with the US. China wants…