Latest in Former Wall Street rainmaker leads purge of US chips subsidies agency
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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 subsidiesFinancial Times - 5h -
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 - 11h -
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. - 5d -
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 - 10h -
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 -
The ‘vibes’ on Wall Street are starting to sour. Just look at these six charts.
Investors’ euphoric outlook on the markets has largely faded, replaced by a creeping sense of uncertainty.MarketWatch - Feb. 25 -
Trump knocks Wall Street Journal over editorials: 'Some real CLINKERS'
President Trump on Wednesday complained that The Wall Street Journal is not supportive enough of his agenda, knocking a recent editorial the Rupert Murdoch-owned newspaper published on his trade ...The Hill - Feb. 26 -
After waiting with bated breath, Wall Street absorbs Nvidia's latest earnings
Rarely has a single company's earnings report been so closely watched by Wall Street as a make-or-break moment for the broader market.NBC News - Feb. 26 -
Lowe's beats Wall Street expectations as it starts to break out of sales slump
Lowe's followed rival Home Depot in reporting better-than-expected quarterly sales.CNBC - Feb. 26 -
The Wall Street C.E.O. Who Made a Triumphant Return to College Football
Joe Moglia’s process of finding “spiritual soundness” has led him on a journey like no other.The New York Times - Feb. 27 -
Wall Street analysts downgraded this portfolio bank stock. It's a good time to get in
KBW slashed Goldman's rating to market perform, citing the stock's elevated valuation.CNBC - Feb. 27 -
Top Wall Street analysts are upbeat on the long-term potential of these stocks
TipRanks' analyst ranking service spotlights three stocks favored by Wall Street, including Booking Holdings and Visa.CNBC - 4d -
Wall Street slumps after Trump says tariffs will begin on March 4
Investors wary of President Trump's plan to add tariffs of 25% on imports from Mexico and Canada, as well as a negative GDP forecast.CBS News - 3d -
Wall Street Journal knocks Trump over ‘dumbest tariff plunge’
The Wall Street Journal’s editorial board slammed President Trump on Monday, calling his plan to place tariffs on other countries the “dumbest tariff plunge.” The board, in an editorial published ...The Hill - 2d -
Wall Street's rout deepens as Trump's new tariffs go into effect
Stocks tumbled for a second consecutive trading day as President Trump's new tariffs go into effect on the U.S.'s biggest trading partners.CBS News - 2d -
Revealed: how Wall Street is making millions betting against green laws
Guardian analysis finds fossil-fuel and mining firms have won $92bn of public money from states, with a growing number of cases backed by financial speculators. Read more: Fearing toxic waste, ...The Guardian - 1d -
Is the White House trying to engineer a recession? This Wall Street pro explains the vision.
Traders are starting to price in the possibility that the U.S. economy might enter recession— and one Wall Street veteran says that might actually be the Trump’s administration’s plan.MarketWatch - 1d -
US judge temporarily blocks Trump’s anti-DEI purge
Adam Abeldon rules that president’s efforts to ban DEI programs likely violate first amendment of constitution. A federal judge in Maryland on Friday temporarily blocked Donald Trump from ...The Guardian - Feb. 22 -
TSMC to announce $100B investment in US chip manufacturing
Taiwan Semiconductor Manufacturing Company (TSMC) plans to announce a $100 billion investment in U.S. chip manufacturing plants on Monday, the White House confirmed. The multibillion-dollar ...The Hill - 3d -
The US has spurred the Chinese chip industry
Sanctions have accelerated the rise of Nvidia’s rivals as they seize a shift in AI useFinancial Times - 2d -
Rivian beats Wall Street's fourth-quarter expectations, but expects lower deliveries in 2025
Rivian beat Wall Street's fourth-quarter earnings expectations and achieved its first gross quarterly profit but is forecasting lower sales in 2025.CNBC - Feb. 20 -
Celsius wants to sell more energy drinks to women. Wall Street likes the move.
Celsius shares are up more than 30% after its quarterly results topped estimates and it announced plans to buy drink maker Alani Nu.MarketWatch - Feb. 21 -
Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot narrowly beat fourth-quarter earnings estimates, but it gave lackluster sales guidance as high interest rates and home prices pose challenges.CNBC - Feb. 25 -
Nvidia Earnings Could Crash the Stock Market if Wall Street Doesn’t Get Its Way
The dominant AI company faces headwinds from Trump 2.0, DeepSeek, and China.Inc. - Feb. 26 -
Lumen’s stock got little love from Wall Street analysts. That’s now changing.
Lumen’s stock is rising after a bullish upgrade at Citi. Analysts have hesitated to recommend the telecommunications shares.MarketWatch - Feb. 26 -
San Francisco’s office market hit rock bottom. Here’s how Wall Street is helping revive it.
The San Francisco office market was left for dead. But Wall Street may be bringing it back to life.MarketWatch - Feb. 26 -
Nvidia beats Wall Street expectations in first earnings after debut of DeepSeek AI
Investors will be eyeing firm’s financials for signs of slowing demand after revelation high-end chips not necessary. Nvidia surpassed investor expectations for the fourth quarter of 2024 with a ...The Guardian - Feb. 26 -
Wall Street stocks steady at end of volatile month despite Trump tariff threats
S&P 500 rises 1.6% to trim February’s lossesFinancial Times - 6d -
Wall Street can’t stop talking about the ‘Mar-a-Lago Accord.’ Here’s how the currency deal would work.
A theory about how the Trump administration could restructure the international financial system to better serve American interests is starting to be taken seriously on Wall Street.MarketWatch - 3d -
Wall Street Journal on Trump foreign policy: Less 'brave new world' than 'dangerous old one'
The Wall Street Journal’s editorial board went after President Trump on foreign policy on Sunday, saying it is "less brave new world than a reversion to a dangerous old one." The board highlighted ...The Hill - 3d -
Nvidia gets swept up in a wave of uncertainty hitting Wall Street. Here is what's going on
Geopolitical concerns are weighing heavy on Nvidia's stock.CNBC - 3d -
Wall Street’s biggest bear says the S&P 500 could drop to 4,200. Here’s his advice for right now.
BCA Research’s Peter Berezin sees a U.S. recession on the horizon — a reason to stay out of stocks.MarketWatch - 1d -
Marvell’s stock sinks on earnings, showing Wall Street’s harsh view of AI plays
Marvell beat expectations with its latest quarterly results and outlook, but that wasn’t enough to lift the stock.MarketWatch - 22h -
Singapore probes suspected fraud in sales of US-controlled Nvidia chips
Arrests made in city-state after raids on 22 locationsFinancial Times - 3d -
Trump announces Taiwanese chip giant’s $100bn investment in US plants
President says TSMC won’t have to pay tariffs and encourages other semiconductor companies to build in US. Chips giant, the Taiwan Semiconductor Manufacturing Co (TSMC), will boost its US ...The Guardian - 3d