Business

Apple changes Lake Ontario name to ‘Lake America’ for US users of its Maps, following Trump’s order

Wednesday, September 2 by SRN News

CHICAGO (AP) - Apple has relabeled Lake Ontario to "Lake America" for U.S. users of its Maps app, following competitor Google days after President Donald Trump ordered a new name for the body of water amid his escalating trade war with Canada. As of Wednesday... Read More.

Analysis-Rising Treasury yields could rattle US stocks as earnings season ends

Wednesday, September 2 by SRN News

By Lewis Krauskopf NEW YORK, Sept 2 (Reuters) - U.S. stock investors are warily watching the rise in Treasury yields as a stumbling block for Wall Street's record-setting rally, with particular trouble seen if the benchmark 10-year yield jumps abruptly toward 5%. Higher bond yields pose... Read More.

Dell shares gain after strong AI server demand boosts annual forecast

Wednesday, September 2 by SRN News

Sept 2 (Reuters) - Dell Technologies' shares climbed nearly 10% in premarket trading on Wednesday, as strong demand for its AI-optimized servers powered an increase in its annual revenue and profit forecasts. AI infrastructure companies have benefited from rising demand as tech firms and hyperscalers... Read More.

Warsh’s Jackson Hole encore may put Trump’s inflation record under a microscope

Wednesday, September 2 by SRN News

By Howard Schneider WASHINGTON, Sept 2 (Reuters) - After opening the door to higher interest rates last week, U.S. Federal Reserve Chairman Kevin Warsh has to decide how to follow through with actions the public and investors will see as both consistent with his own... Read More.

Tesla set to hold Cybercab event in Austin, Texas

Wednesday, September 2 by SRN News

SAN FRANCISCO, Sept 2 (Reuters) - Tesla is set to hold an event for its purpose-built robotaxi Cybercab in Austin, Texas, on Thursday, amid much fanfare, as well as questions about regulatory hurdles and safety of the technology. Here are some details: • The Cybercab is... Read More.

Exclusive-Lynas Rare Earths says it was in takeover talks earlier this year

Wednesday, September 2 by SRN News

By Melanie Burton MELBOURNE, Sept 2 (Reuters) - Australia's Lynas Rare Earths, the world's largest producer of rare earths outside China, was in takeover talks earlier this year but the discussions did not proceed, a spokesperson said on Wednesday. The talks prompted Lynas to suspend... Read More.

Shein shares slide more than 5% on second day of Hong Kong trading

Wednesday, September 2 by SRN News

HONG KONG, Sept 2 (Reuters) - Shares of online fast-fashion retailer Shein fell more than 5% on Wednesday, a day after a lacklustre debut session following a long-awaited initial public offering. The stock tumbled as much as 10% on Tuesday but recovered to close to... Read More.

Analysis-How Japan’s bond rout is turning the tide of global capital

Wednesday, September 2 by SRN News

By Rocky Swift and Harry Robertson TOKYO/LONDON, Sept 2 (Reuters) - With benchmark Japanese bond yields breaking through a three-decade-old barrier, higher returns are starting to tease capital home, reversing what was once a dependable flow of funds into global bond markets. The 3% threshold is... Read More.

US tech firms may crowd out others in euro bond market and raise credit risk

Wednesday, September 2 by SRN News

FRANKFURT, Sept 2 (Reuters) - U.S. tech giants are flooding the euro zone bond market to fund huge AI investments, potentially crowding out other borrowers, pushing up financing costs even for governments and raising credit risks, according to a European Central Bank blog post. Tech... Read More.

US stock index futures subdued as oil, Treasury yields rise on Iran tensions

Wednesday, September 2 by SRN News

Sept 2 (Reuters) - Wall Street futures dipped on Wednesday as bond yields and oil prices marched higher following U.S.-Iran clashes in the Middle East, offering little incentive to buy equities during what has typically been a weak month for returns. The latest strikes have... Read More.

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Current Weather

Apple changes Lake Ontario name to ‘Lake America’ for US users of its Maps, following Trump’s order

Analysis-Rising Treasury yields could rattle US stocks as earnings season ends

Dell shares gain after strong AI server demand boosts annual forecast

Warsh’s Jackson Hole encore may put Trump’s inflation record under a microscope

Tesla set to hold Cybercab event in Austin, Texas

Exclusive-Lynas Rare Earths says it was in takeover talks earlier this year

Shein shares slide more than 5% on second day of Hong Kong trading

Analysis-How Japan’s bond rout is turning the tide of global capital

US tech firms may crowd out others in euro bond market and raise credit risk

US stock index futures subdued as oil, Treasury yields rise on Iran tensions

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