Tag: Industrial Goods

Infrastructure and the stock market — here’s what the $1 trillion deal means

Maybe it really is infrastructure week. Stock-market investors applauded Thursday, pushing the Dow Jones Industrial Average DJIA, +0.95% sharply higher and scoring another round of...

Biden’s long-term spending plans ‘are not about overheating the economy,’ says White House adviser

Top White House economic adviser Brian Deese on Wednesday defended some of the Biden administration’s long-term spending plans, characterizing the proposed outlays as not connected...

Why over 80,000 people want Jeff Bezos to stay in space

Get out and stay out! That’s the message from a couple of irreverent Change.org petitions calling for Jeff Bezos to stay in space when he...

Chinese Astronauts Lift Off in Mission to Staff Space Station

HONG KONG—Thirteen years after former fighter pilot Liu Boming participated in China’s first spacewalk, the 54-year-old astronaut was sent into space again Thursday morning to...

Infrastructure talks are faltering but these stocks can still benefit from the Biden plan, Citi says

U.S. stocks look set to move higher on Monday, after the S&P 500 SPX, +0.19% notched its 28th record high of the year on Friday,...

Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at...

Senate passes bill that targets China and chips in 68-32 vote

The Democratic-run Senate, with some Republican support, passed legislation on Tuesday that targets China and aims to support the American semiconductor industry, in a sign...

Dow edges lower as investors look for inflation clues

Stocks were mostly a shade lower Tuesday morning, though the tech-heavy Nasdaq Composite held on to a small gain as investors remained wait-and-see mode ahead...

German stocks fall behind European peers after weak industrial data

German stocks got off to a lackluster start on Tuesday, opening in the red and falling behind other major European equity indexes, after data showed...

Biden Expands Blacklist of Chinese Companies Banned From U.S. Investment

WASHINGTON—President Biden expanded a prohibition on Americans investing in Chinese companies with purported links to China’s military, adding more businesses to a blacklist that has...

Tesla price increases caused by major issues sourcing critical parts, Elon Musk says

Major issues sourcing key parts for the production of Tesla’s automobiles are behind recent increases to the cost of the electric vehicles, Chief Executive Elon Musk said...

Nvidia sales hit records again amid chip shortage, and earnings outlook suggests more to come

Nvidia Corp. broke several quarterly sales records and forecast revenue growth as much as $1 billion above Wall Street estimates for the current quarter Wednesday,...

Fed takes baby step toward scaling back its bond purchases

A number of Federal Reserve officials said at the central bank’s late April meeting that it could soon be time to begin talking about talking...

Israel Pressured by Biden, Mideast Allies to End Fighting

TEL AVIV—The Biden administration and Middle East governments are stepping up pressure on Israel to stop fighting with the militant group Hamas, as Israeli officials...

After Gaza’s Deadliest Day, Israel Says It Is Targeting Hamas Tunnels

TEL AVIV—Israel launched more airstrikes Monday in the Gaza Strip, targeting what its military said was a tunnel network used by Hamas, as it tries...

Israel Rules Out an Immediate Cease-Fire With the Palestinians

Israeli Prime Minister Benjamin Netanyahu on Sunday ruled out the prospect of an immediate cease-fire with the Palestinians in the deadly flare-up of Middle Eastern...

Will the Colonial Pipeline outage hike gas prices? It all depends on where you live

Just ahead of Memorial Day weekend — a time when families may be itching to get out and greet summer after a long, hard pandemic...

Dogecoin nears 75 cents, then slips as crypto pioneer Silbert seen betting against parody coin ahead of Elon Musk’s ‘SNL’ guest-host gig

Call it the “dogefather” versus the godfather of crypto. Barry Silbert, a power player in the digital-asset sector, said he’s betting against dogecoin DOGEUSD, -7.59%...

Apple vs. Epic: Why cloud gaming became a hot topic at landmark antitrust trial

The headlines in week one of the Epic Games Inc.-Apple Inc. trial were mostly about exorbitant commission fees charged by the App Store. But a...

A million new jobs? That’s how many Wall Street thinks the U.S. created in April

The U.S. might have created a million-plus jobs in April as the economic recovery spread across the country and reached businesses that suffered the most...

Pfizer’s next play: A vaccine maker and pandemic ‘partner’ to governments

Pfizer Inc.’s COVID-19 vaccine is on track to generate a whopping $26 billion in sales this year, making it the drug maker’s top-selling drug and...

Have you held any of these 20 stocks long term? Your current dividend yield might surprise you

Income-seeking investors love dividend stocks, many of which have attractive yields when compared to bond yields. They might like them even more when they realize...

Opinion: Intel’s data-center customers may be ‘digesting,’ but AMD’s buffet is wide open

While Intel Corp. says data-center customers are “digesting,” they seem to still be bellying up to a longtime rival’s buffet. Advanced Micro Devices Inc.’s server-chip...

AMD stock rises as earnings top Street view, data-center sales more than double

Advanced Micro Devices Inc. rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled and results topped Wall Street...

Tesla and Big Tech are about to rev up the busiest week of earnings season

The busiest week of earnings season is about to kick off, with Tesla and Big Tech companies expected to dominate the headlines. The six largest...