IonQ shares rise after company says it made a major quantum computing breakthrough
Shares of quantum computing company IonQ surged in premarket trading following its successful test of the industry's first real time end-to-end error decoder.
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Trump faces Xi as strains with allies complicate U.S. pressure on China
As Trump prepares to meet Xi, strains with U.S. allies are complicating Washington’s efforts to marshal pressure against an increasingly resilient China.
Hogs Look to Midweek Trade Following Tuesday’s Rally
Lean hog futures were 32 cents to $1.20 higher across the board on Tuesday. Open interest was down 3,564 contracts on Tuesday. USDA’s national base hog price was $79.90 in the Tuesday PM report, down 45 cents from the d…
Indian billionaire’s payments firm plots biggest London flotation in years
A payments business that operates across Africa and is ultimately controlled by an Indian billionaire has announced its intention to float on the struggling London Stock Exchange.
Iran says Trump’s threats a sign of ‘strategic desperation,’ floats conditions for Hormuz reopening
Iran's military on Wednesday described U.S. President Donald Trump's threats to annihilate Tehran as "a sign of strategic desperation," warning the country stands ready to inflict strikes "more crushing" than earlier in…
Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
Mortgage rates soared to the highest level since 2024 last week, causing loan demand to fall back again and more borrowers to opt for riskier loans. Total application volume decreased 1.5% from the previous week, accord…
Zelenskyy says Ukraine ready for ‘energy ceasefire’, calls for trilateral meeting with Putin, Trump
Ukrainian President Volodymyr Zelenskyy has called on U.S. President Donald Trump to organize a trilateral meeting with Russian President Vladimir Putin, saying the world leaders need to move "as quickly as possible" to…
Never Have Stocks Owed So Much to So Few
In 2007, Jeff Bezos, then a multibillionaire and now the world’s richest man, did not pay a penny in federal income taxes. He achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the second-richest person …
Texas turning blue may hinge on Democrats harnessing data center opposition
TEXAS — Mason McCallister said it was an act of God that sent him down a gravel road near his home in Bells, Texas, one Sunday last December.
AI drone maker hits $6.4 billion valuation as Ukraine war spurs defense tech
AI drone maker Tekever on Wednesday said it had hit a $6.4 billion valuation, as Europe races to rearm amid the Ukraine war and mounting threats from Russia.
Semiconductor Rally Faces Crosscurrents From FX and Credit
The S&P 500 finished the day flat, while the Nasdaq gained around 80 bps. It is hard to say that today was much different from what we have seen in recent weeks.
Trump-Xi summit puts AI safety talks on the table but neither side wants to slow down
Donald Trump wants the U.S. to beat China in the AI race. But as he meets Chinese President Xi Jinping, both countries are also weighing how to address the risks posed by rapidly advancing technology.
Oil Slips for a 5th Day as Nasdaq Rips in FOMO Fashion
Tuesday offered enough relief on that front. But the bigger point is still in plain sight: oil remains roughly 50% higher than a year ago, and nearly half of the US inflation overshoot can be traced to elevated energy a…
Spain shares higher at close of trade; IBEX 35 up 0.41%
U.S. equities traded higher on Friday, led by a 100-point gain in the Dow Jones Industrial Average. The broader market showed mixed signals as technology stocks slipped while communication services rallied.
DOJ defends Trump ban of 3 news outlets, says White House access is a 'privilege — not a right'
The U.S. Department of Justice late Tuesday evening urged a federal judge not to block President Donald Trump's total ban of three news outlets from the White House, saying, "Access to the White House is a privilege — n…
Stocks Settle Mixed as Chipmakers Climb and Financial Stocks Fall
The S&P 500 Index ($SPX) (SPY) closed unchanged on Tuesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.36%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.82%. December E-mini S&P futures (ESZ…
In photos: Key takeaways from day one of the UN General Assembly
World leaders descended on New York this week for the annual United Nations General Assembly, where the agenda spans the U.S.-Iran war and Russia's invasion of Ukraine to the fragile ceasefire in Gaza and the risks pose…
Cathie Wood’s ARK sells Alphabet stock, buys Rocket Lab
Talk of SpaceX going public is sending the stocks of its partners and investors soaring. After multiple outlets reported earlier this month that SpaceX could pursue an IPO as soon as next year, The Wall Street Journal r…
Sugar Prices Finish Higher as Rain Slows Brazil’s Sugar Harvest
October NY world sugar #11 (SBV26) closed up +0.11 (+0.63%) on Tuesday, and December London ICE white sugar #5 (SWZ26) closed up +0.40 (+0.08%).
Abacus Global director Matthew Ganovsky sells $674,349 in stock
Abacus Global Management, Inc. (NYSE:ABX - Get Free Report) major shareholder Matthew Ganovsky sold 24,000 shares of the stock in a transaction on Friday, September 18th. The shares were sold at an average price of $8.7…
South Korean solar stocks jump as curbs on Chinese sector expected to remain in place
Shares of South Korean solar companies Hanwha Solutions and OCI Holdings jumped more than 8% on Wednesday, as U.S. restrictions on Chinese solar products came into focus ahead of the Trump-Xi summit.
CFTC says prediction markets' 'mentions' contracts present a higher risk of manipulation
The Commodity Futures Trading Commission advised some of its regulated entities on Tuesday that prediction markets' "mentions" contracts are at greater risk of manipulation.
Corn Slipping Back on Tuesday
Corn futures are down 1 to 3 cents across most contracts on Tuesday. Preliminary open interest was down 29,200 contracts on Monday, with 37,997 contracts exiting September ahead of first notice day on Friday. The CmdtyV…
The Nasdaq’s rapid rise to a record is sending a message to investors: Don’t wait for a pullback to buy
When the stock market hits a new record high, sometimes it can feel like a warning sign â as if the next move must be down. But an âall-time highâ is simply a new peak for an index such as the S&P 500; and in a ma…