News

A federal judge in Virginia declined to order Google to sell AdX, handing the DOJ its second straight loss in efforts to break up the tech giant

The Attorney General of New Jersey has asked the U.S. Supreme Court to hear a case that could determine the fate of sports prediction markets. The Supreme Court accepts a fraction of so-called petitions of certiorari, but the high court could be compelled to weigh in given the growing disputes between states, which regulate gambling, and federal regulators, who oversee the event contracts that drive prediction markets. A Supreme Court case would be closely watched by online betting firms like DraftKings and Flutter whose stocks are up more than 4% today, along with newer prediction-market platforms Kalshi and Polymarket.

J.M. Smucker stock jumped after an earnings beat and debt reduction to 2.9x leverage, though weak volume trends and an overbought RSI raise questions about the rally's durability.

A federal judge rejected the Justice Department's bid to force Google to sell its AdX advertising exchange.

Koss' fiscal Q4 earnings per share benefit on the back of DTC strength, tariff refunds and a favorable sales mix, while weakness in European markets persists.

MARKETS MAIN Bond-market turmoil and war are top of mind for investors today. Treasury yields reversed earlier gains, after a Fed official suggested that a rate hike isn’t certain this month. U.S. stocks are advancing, led by the Dow industrials.

A US federal judge on Wednesday refused to force Google to sell a division of its digital advertising business, rejecting the government's push to break up part of the company's ad empire.The decision is the second time in recent years that a federal judge has declined to dismantle a piece of Google's business, after a judge last year refused to force the sale of its Chrome browser in a separate monopoly case over online search.

Google won't be forced to spin off its "network" ad business, which sells ads on others publishers' inventory, a federal judge ruled on Wednesday.

Google won't be forced to spin off its "network" ad business, which sells ads on others publishers' inventory, a federal judge ruled on Wednesday.

Some analysts see Ford's and GM's investments in Canada as proof that pickup trucks are one area where the country remains competitive

The Federal Reserve may have changed the way it moves markets without changing interest rates. Kevin Warsh went to Jackson Hole to tell financial markets to stop staring at the Federal Reserve. He never explicitly called for a rate hike...

A federal judge ordered an end to practices that depress ad rates for web publishers, but declined to order a divestiture of Google’s ad exchange and other technology.

The AI boom could complicate the Fed's next move

A single line in U.S. customs law quietly bankrolled the ultra-cheap fashion giants shipping from Guangzhou to your door. Now that the loophole is closed, the bill is coming due and investors are only beginning to count the damage.

Copper prices hit record highs on tariff-driven stockpiling and AI data center demand, benefiting Freeport-McMoRan, Southern Copper, and BHP, though analysts warn of a tariff-related policy premium.

Bond yields stayed elevated on Wednesday as oil prices hovered near $95 a barrel, spurring worries of higher inflation.

Record sales and tariff refunds boosted margins as both brands hit quarterly highs.

New York Fed President John Williams indicated that he doesn't see clear-cut evidence right now that the Fed must raise interest rates to respond to persistent inflation. In an interview with CNBC, Williams said the current spate of rising prices is due in part to passing causes: one-time price increases from the Trump administration's tariffs and higher energy prices from the Iran conflict. It is not yet certain, he said, that those trends are snowballing into a broader bout of inflation that the Fed must respond to.

The Federal Reserve is increasingly expected to raise interest rates in September, but signs of labor-market softness are putting new focus on Friday’s jobs report.

The Fed chair expressed concern over stubbornly high inflation, which could be bad news for the market.

The venture comes from former Ukraine defense chief Mykhailo Fedorov

Great earnings are now old news. The next market hurdles are the jobs report, CPI, and the Fed’s rate decision.

If the Fed chief opts against raising rates, the market may fear that politics is guiding his thinking. That could lift gold.

Investing.com - U.S. stock index futures edged lower on Wednesday as investors contended with a global bond selloff, elevated energy prices and growing expectations that the Federal Reserve could raise interest rates later this month, putting pressure on rate-sensitive technology stocks.

New Canada tariffs are landing as a direct bill to two of America's biggest automakers, and the ripple effects stretch well beyond car lots into the housing market and household budgets.

Asking for a Trend Host Josh Lipton previews the stories that will be making headlines tomorrow, including earnings from Broadcom (AVGO) and Snowflake (SNOW), plus a fresh look at the labor market with ADP's private payrolls report ahead of Friday's highly anticipated jobs report.

War weary and headed down Wall Street can't shake off the war jitters. Futures are pointing lower again, with the tech-heavy Nasdaq off 0.6%, the S&P down 0.2% and the Dow sitting on the gain line. On the commodities market, Brent punched above $95 a barrel after the latest US strikes...

Stock futures dipped Wednesday as bond yields rose globally and oil prices topped $90 a barrel, fanning inflation fears

Tesla (NASDAQ:TSLA) is set to hold an event for its purpose-built Cybercab robotaxi in Austin, Texas, on Thursday, as the electric vehicle company continues developing its autonomous driving operations. The event comes as Tesla tests Cybercab vehicles on public roads and develops its robotaxi service, while questions remain regarding regulatory approval and compliance with federal safety requirements.

The facility in Kendallville, Indiana, is the sole producer of the company's marshmallow and caramel brands.