Stock Market

Price cuts and an sales decline delivered a blow to Tesla’s top and bottom lines, but Mr Musk offered accelerated timelines for cheaper models and promised robotaxis

DAX short-term traders not aligned with longer term participants.

SPX500 setting up bullishly pre-cash open.

Disney scored a crucial victory this week in the proxy fight against Trian Partners, but its stock pulls back from critical tech levels after a stellar first quarter

Apple & Tesla are part of the so-called Magnificent Seven, but unlike their group peers, their performance has been disappointing this year

GameStop (GME.us) shares are set to gap lower on today's gap cash open, after the videogame retailer reported worse-than-expected revenue for its fourth quarter ended January. Adjusted EPS came in at 22 cents, with analysts forecasting 30 cents per share. Sales were also below the consensus of $2.05 billion at $1.79 billion. Hardware and accessories sales fell to $1.09 billion, down from $1.24 billion, and software sales declined 31% to…

The US Justice Department sued the tech giant for monopolistic practices, in a landmark antitrust case that threatens Apple’s walled garden business model

The Fed maintained its implied path for three cuts this year despite recent inflation persistence, helping the stock market to new record highs, which is also boosted by ongoing AI exuberance

Over the course of this year, the 10-year real rate has charted a higher trough, suggesting support for yields. This may raise some eyebrows as the narrative surrounding rates has changed, which may, in turn, impact on the financial markets.

Apple is in talks with Google to use Gemini artificial intelligence in the iPhone. Gemini is Google’s suite of generative AI tools and may be integrated into iPhone software later this year - Apple may release iOS 18 at its June Worldwide Developer’s Conference.

JPMorgan Chase will pay almost $350 million to bank regulators because of surveillance failures on billions of trades over the last decade. JPM discovered the record-keeping shortfalls and reported them to the Federal Reserve and the Office of the Comptroller of Currency. The Fed penalised the bank to the tune of $98m and the OCC will receive $250m.