Sector Analysis
2 hours ago

US Semiconductor Sector Eyes Windfall From Proposed Tax Overhaul

Proposed 'OBBBA' legislation would hike tax credits for new domestic chip plants to 35%, aiming to accelerate 'Made in America' initiatives.

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Sector Analysis
6 hours ago

California Rocks Gig Economy with Driver Unionization Law

Landmark bill grants Uber and Lyft drivers collective bargaining rights, signaling a potential shift in the gig work model.

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Sector Analysis
22 hours ago

Biotech Sector Rallies on String of Favorable FDA Rulings

Key approvals and fast-track designations for Insmed, Alto Neuroscience, and Corcept Therapeutics boost investor confidence in the industry's regulatory landscape.

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Technology
1 day ago

Fujitsu Shares Climb on Expanded NVIDIA AI Collaboration

The partnership aims to co-develop full-stack AI infrastructure, targeting enterprise and industrial use cases in Japan and beyond.

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Economic Data
1 day ago

US Services Sector Stalls as Key Economic Gauge Hits 2020 Low

The ISM Services PMI unexpectedly fell to the breakeven point of 50, missing market forecasts and raising new questions about US economic momentum.

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Sector Analysis
2 days ago

Detroit Automakers Surge on Tariff Relief Reports

GM, Ford, and Stellantis shares climb on news of potential tariff exemptions for U.S. vehicles, signaling a policy shift.

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Technology
2 days ago

Oracle Probes Ransomware Attack Targeting Business Suite Customers

A notorious ransomware group claims to have stolen sensitive corporate data, putting Oracle's reputation and customer security under scrutiny.

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Sector Analysis
2 days ago

Chevron Refinery Fire Stokes West Coast Fuel Supply Fears

Disruption at a key California facility could tighten fuel markets, boosting margins for competing refiners in an already vulnerable region.

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