Former Wall Street rainmaker leads purge of US chips subsidies agency
Elon Musk ally Michael Grimes has overseen shake-up of office doling out billions of dollars in semiconductor subsidies
Read more at Financial Times
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TSMC is ‘not afraid’ of losing US chip subsidies
Chief executive seeks to reassure investors after Donald Trump’s call for $52bn chips act to be repealedFinancial Times - 8h -
The queen of Wall Street
Plus, a golden age of US-Saudi co-operation, Europe’s ‘failed’ securitisation market, and the Louvre Abu DhabiFinancial Times - Feb. 24 -
Walmart's worst week since 2022: Retailer's former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Walmart is coming off a tough week after delivering a slowing profit growth forecast.CNBC - Feb. 22 -
Wall Street Is Getting Antsy With Trump
The contrasting reactions between the overflow and V.I.P. areas at a Trump event encapsulated the finance world’s worries about the new administration’s first month.The New York Times - Feb. 24 -
GM Leading EV Charge Despite Trump Targeting Subsidies
GM could convince more mainstream buyers to choose electric vehicles.Inc. - 4d -
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including McDonald's and Ares Capital.CNBC - Feb. 23 -
The US Army Is Using ‘CamoGPT’ to Purge DEI From Training Materials
Developed to boost productivity and operational readiness, the AI is now being used to “review” diversity, equity, inclusion, and accessibility policies to align them with President Trump’s orders.Wired - 7h -
Wall Street sees major drop amid concerns over slowing economy
Wall Street saw a dramatic drop on Friday with the Dow Jones plunging nearly 750 points, and the S&P 500 and Nasdaq falling sharply amid fears of a slowing economy and stubborn inflation. CNBC’s ...NBC News - Feb. 22 -
Wall Street and Silicon Valley Are Betting Big on Trump’s America
Citadel, JPMorgan and Apple are leaning into the president’s agenda.Inc. - Feb. 25
More from Financial Times
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US backtracks on Canada-Mexico tariffs in latest sharp shift on trade
Move expands one-month carve-out for car imports to include all USMCA-compliant goodsFinancial Times - 52m -
Trump has undermined US economic exceptionalism
The president’s chaotic policies are squandering a decent inheritanceFinancial Times - 2h -
US stocks sink on tech weakness and tariff confusion
Wall Street extends slide sparked by fears over economic impact of Donald Trump’s on-off trade warFinancial Times - 56m -
British politics has yet to catch up with Trump’s new order
In a world without US security guarantees, all other priorities must give way to defenceFinancial Times - 8h -
EU leaders endorse new defence funding initiatives
Europe’s backing for Kyiv faces resistance from Orbán as Trump turns US-European relations on their headFinancial Times - 10h
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AT&T’s stock is on a historic tear. Here’s why wireless names are hot this year.
Investors like the pricing power of wireless carriers — and the potential for AT&T share buybacks later this year.MarketWatch - 7m -
Private-equity buyout activity slows down in a troubling sign for investment banks
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U.S. will collapse Iran's economy by shutting down its oil industry, Treasury secretary says
Trump has launched a maximum pressure campaign on Iran but has also said he wants to negotiate a nuclear deal with the Islamic Republic.CNBC - 13m -
Marvell plunges 19% as outlook falls short of high expectations
Marvell Technology shares plummeted more than 19% after the chipmaker's guidance fell short of some elevated buyside estimates.CNBC - 18m -
MongoDB plummets 26% as weak outlook overshadows strong quarterly results
MongoDB shares plummeted more than 26% after the database software maker shared weak guidance that signaled a slowdown in growth.CNBC - 19m