Business news
- Mining stocks have been on a tear, with gold passing $5,000. Analysts are split on what's next - Appetite for mining stocks has cooled over the past six months, according to a Citi note.
- Airbus, AstraZeneca and HSBC executives join UK's Starmer on high-stakes China trip - Executives from Airbus, AstraZeneca and HSBC are joining Prime Minister Keir Starmer on a rare China visit, highlighting the business focus of the trip amid strained global trade relations.
- Australia inflation meets expectations at 3.6%, reaching a six-quarter high - The inflation reading comes after Reserve Bank of Australia Deputy Governor Andrew Hauser said in an interview that inflation at current levels is "too high."
- One year after DeepSeek, Chinese AI firms from Alibaba to Moonshot race to release new models - Chinese companies are releasing new AI models and striving to gain an edge in the AI application race as the country's biggest holiday of the year nears.
- Amazon inadvertently sends email to employees confirming Wednesday layoffs - Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" at the company.
- Dollar suffers worst one-day slide since last April after Trump says currency hasn't fallen too low - The dollar dropped about 1.3% on Tuesday.
- Asia markets set to open mostly higher after S&P 500 hits record - Markets across Asia were poised to extend gains on Tuesday after a record close on Wall Street, with Australia’s inflation release in focus.
- Jim Cramer names 3 stocks bearing the brunt of Trump’s agenda – and 2 others benefiting - President Donald Trump is a force to be reckoned with in the stock market — but whether he's helping or hurting companies depends on where they sit.
- Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore - "Retail investors are difference-makers. They can move markets with size and conviction," said Tom Lee, head of research at Fundstrat.
- Intel says it will match government's 'Trump Accounts' contribution to kids of employees - The 530A program, often called "Trump Accounts," passed last year as part of the administration's "big beautiful bill."