Business

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

Iran Sends US Peace Terms via Qatar as Oil Crosses $100 a Barrel

Iran's security chief says Tehran has sent Washington conditions to end the war through Qatar, including lifting the US naval blockade, as oil crosses $100

American Express Stock Falls 20% From December High as Expenses Climb

American Express shares trade near $310, about 20% below their December 2025 high, as rising expenses and slower earnings growth weigh on the stock.

US and China Hold Final Trade Talks Before Sept. 24 Trump-Xi Summit

Bessent, Greer and He Lifeng met in New York on Sunday to prepare for the September 24 Trump-Xi summit.

China Controls 90% of Rare Earths as Trump-Xi Summit Nears

China controls 90% of rare earths as Trump and Xi prepare to meet Thursday, with export restrictions hanging over the talks.

Shein Proposes Cash Payouts and Extra Shares for Late-Stage Investors Ahead of Hong Kong IPO

Shein is proposing cash payouts and extra shares to late-stage investors to bridge a valuation gap ahead of its planned Hong Kong IPO.

Oil Prices Plunge as Trump Halts Iran Strikes to Pursue Peace Talks

Brent crude fell 5% and European stocks rallied after President Trump called off planned strikes on Iran to pursue Middle East peace negotiations.

Microsoft Set to Report Earnings as Investors Focus on Azure Growth and AI Spending

Microsoft is set to report quarterly earnings after the bell, with investors focused on Azure cloud growth and its plans for AI capital expenditure.

Apple Warns UK App Store Proposal Amounts to Price Regulation

Apple has objected to proposed UK App Store remedies, arguing the measures amount to price regulation as regulators weigh new powers over the platform.

Caterpillar Shares Fall on Downgrade as Data Center Buildout Doubts Mount

Caterpillar shares dropped after a downgrade raised concerns its data-center-driven rally has outpaced fundamentals, with investor Michael Burry betting ag

Ford’s Big-Truck Bet Draws Fresh Wall Street Attention as Turnaround Takes Shape

Ford's focus on high-margin trucks and its Ford Pro commercial unit is drawing renewed Wall Street interest, signaling a possible turnaround for the automa

Robinhood Posts Record Quarterly Revenue as Market Volatility Fuels Trading Surge

Robinhood reported record quarterly revenue as market volatility fueled a trading surge, with prediction-market revenues climbing roughly tenfold.

Wall Street Analysts Turn Bullish on Dividend Stocks for Steady Passive Income

Top Wall Street analysts are recommending select dividend stocks as reliable passive-income plays amid a busy earnings season and fresh rating changes.

Amazon Posts Strong Q2 Profits as AWS Cloud Growth Accelerates to 18-Quarter High

Amazon reported net income of $62.65 billion and net sales of $200.6 billion in Q2, with AWS cloud revenue rising 37% amid strong AI demand.

Microsoft Rally Lifts Wall Street on Record Cloud Revenue, Offsetting Fed Jitters

Microsoft shares surged on a strong quarter and record cloud revenue, helping offset Fed uncertainty as Quanta and Huntington Ingalls also gained.

Intercontinental Exchange to Buy MarketAxess in $5.7 Billion Fixed-Income Deal

Intercontinental Exchange will acquire MarketAxess Holdings in a $5.7 billion deal to expand its fixed-income and electronic bond trading operations.

Bank of England Holds Interest Rate at 3.75%, Flags Upside Inflation Risk

The Bank of England kept its benchmark interest rate at 3.75%, in line with expectations, while flagging upside inflation risks and readiness to act.

EU Commits $11.4 Billion to Build Seven AI Gigafactories in Race With US, China

The EU is offering 10 billion euros to build seven AI gigafactories, aiming to close the computing gap with the US and China.

Capital One Says It Closed Trump Organization Accounts After Money-Laundering Review

Capital One says it closed the Trump Organization's accounts after an anti-money-laundering review, the first bank to tie such concerns to Trump's business

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