CPI lifted American indices up
Key points: The S&P 500 and Nasdaq indices hit record closing highs for the third day in a row thanks to low inflation. Growth slo…
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The Nasdaq Index closed at a record high
Key points: The S&P 500 and Nasdaq closed at record highs for the second day in a row. Apple shares rose 7.3% as investors await t…
AI features promise to boost iPhone sales
Key points: Apple shares rose more than 7% on Tuesday, reaching $207.15. At its annual developer event, Apple unveiled updates to Siri…
Uber loses appeal over gig work law
Key points: Uber failed to prove that California’s 2020 law (AB5) unfairly singles out transportation companies for taxes. US em…
Nvidia could be included in the Dow
Key points: Nvidia completed a 10-for-1 stock split, making it more accessible to retail investors. The price per share after the spli…
Australia’s sugar harvest at risk
Key points: Strikes at Australian mills could leave much of the sugarcane crop unharvested. Australia is the 4th largest exporter of s…
Market closed lower after jobs data
Key points: The Dow Jones, S&P 500 and Nasdaq Composite indexes closed slightly lower. Strong employment data (272,000 new jobs) l…
Microsoft and Nvidia may be accused of monopoly
Key points: The US Department of Justice and the FTC may launch antitrust investigations against Microsoft, Nvidia and OpenAI. The com…