Tesla (TSLA) stock revved higher in pre-market trading today after safety regulators closed an investigation into its Actually Smart Summon vehicle feature. No Action Needed The U.S. National Highway Traffic Safety Administration (NHTSA) said today that it had closed its over-a-year-long investigation into the EV giant’s feature that allows users to remotely move vehicles over short distances in p...
Tesla (TSLA) stock revved higher in pre-market trading today after safety regulators closed an investigation into its Actually Smart Summon vehicle feature. No Action Needed The U.S. National Highway Traffic Safety Administration (NHTSA) said today that it had closed its over-a-year-long investigation into the EV giant’s feature that allows users to remotely move vehicles over short distances in parking areas using a smartphone app while maintaining continuous supervision. The agency concluded
In this article ASML-NL Follow your favorite stocks CREATE FREE ACCOUNT onathan Raa | Nurphoto | Getty Images ASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant's already fragile sales to the country. Shares of ASML in the Netherlands were down around 2.6% at aro...
In this article ASML-NL Follow your favorite stocks CREATE FREE ACCOUNT onathan Raa | Nurphoto | Getty Images ASML shares fell on Tuesday after U.S. lawmakers last week proposed further measures that would restrict China from additional chipmaking tools and potentially impact the Dutch chip giant's already fragile sales to the country. Shares of ASML in the Netherlands were down around 2.6% at around 6:11 a.m. ET. On Thursday, a group of bipartisan lawmakers introduced the Multilateral Alignment of Technology Controls on Hardware (MATCH) Act, designed to cut China off from chipmaking tools and target the country's most critical semiconductor firms. "While the United States has imposed extensive export controls to slow China's semiconductor indigenization, U.S. allies have not fully matched these measures. This misalignment has left critical gaps that China continues to exploit," said the office of Rep. Michael Baumgartner, R-Wash., who led the bill, in a statement published on April 2. ASML was not immediately available for comment when contacted by CNBC. What is the impact on ASML? The U.S. has imposed various semiconductor export curbs on China over the last few years. Much of this has focused on the most advanced semiconductor technology. ASML makes extreme ultraviolet (EUV) lithography machines that are required to manufacture the most advanced chips on the planet. ASML has never exported any of these machines to China. The Dutch firm also makes a deep ultraviolet (DUV) lithography machine. DUV lithography machines are less advanced and are used to manufacture other types of semiconductors like memory chips, which are installed in everything from laptops to phones. Some of ASML's DUV machines have been subject to Dutch export licenses . The MATCH Act, if passed, would ban even ASML's DUV lithography machines, which can be used to make less advanced semiconductors and which, so far, China's biggest chipmakers have been able to purchase. watch now VIDEO 1:07 01:07...
Greggory DiSalvo The White House has reportedly proposed cutting more than 9,400 jobs and over $1.5B from the roughly 60,000-employee Transportation Security Administration (TSA), which oversees airport security operations, according to budget documents. The details were outlined in the Department of Homeland Security’s (DHS) budget plan, part of the administration’s broader proposal for the next ...
Greggory DiSalvo The White House has reportedly proposed cutting more than 9,400 jobs and over $1.5B from the roughly 60,000-employee Transportation Security Administration (TSA), which oversees airport security operations, according to budget documents. The details were outlined in the Department of Homeland Security’s (DHS) budget plan, part of the administration’s broader proposal for the next fiscal year, Reuters reported. DHS oversees the TSA. Congress is set to review the request in hearings later this month as lawmakers work toward a new budget agreement ahead of the September 30 fiscal year deadline. Some Republican lawmakers have continued to push for full privatization of the TSA. The proposal is separate from the ongoing funding standoff over DHS for the current year, which has already led to airport delays as TSA workers missed paychecks. President Donald Trump on Friday also proposed requiring smaller airports to adopt private security screening as an initial step toward privatizing the agency. The White House said the shift would reduce TSA staffing by more than 4,500 jobs. The TSA, meanwhile, proposes to make an additional 4,800 job cuts through efficiency measures, including ending staffing at exit lanes and eliminating redundancies. The workforce reductions are expected to save more than $500M. The American Federation of Government Employees, which represents TSA security officers, opposes privatization, warning it could weaken aviation security. Overall, the plan would reduce the TSA’s $7.8B budget by about 20%. The agency has already lost more than 1,600 workers during funding disruptions last fall and spring, while around 50,000 airport screeners remain on its payroll. Trump has been a vocal critic of the TSA. He removed its administrator, David Pekoske, on his first day in office in 2025 and has yet to nominate a successor. Last year, the White House said, "TSA has consistently failed audits while implementing intrusive screening measures that v...
Stock index futures rose on Tuesday as President Donald Trump’s deadline to reopen the Strait of Hormuz approached. Now, here are five news stories that broke overnight to watch out for: SpaceX ( SPACE ) details IPO plans: SpaceX provided details of its initial public offering during a Monday night meeting with its bankers, indicating that a significant portion of shares will be allocated to retai...
Stock index futures rose on Tuesday as President Donald Trump’s deadline to reopen the Strait of Hormuz approached. Now, here are five news stories that broke overnight to watch out for: SpaceX ( SPACE ) details IPO plans: SpaceX provided details of its initial public offering during a Monday night meeting with its bankers, indicating that a significant portion of shares will be allocated to retail investors and that it plans to host 1,500 of them at a June event, Reuters reported, citing sources familiar with the matter. The Elon Musk-led company plans to kick off its IPO roadshow the week of June 8. HSBC strategist sees buy signal: Max Kettner, chief multi-asset strategist at HSBC, believes the stock market ( SP500 ), ( COMP:IND ), and ( DJI ) has triggered its first proper buy signal since the Liberation Day episode. The strategist sees bullish conditions emerging across the broader risk asset spectrum, including equities and credit spreads, echoing sentiments by Yardeni Research’s Ed Yardeni, who said Monday was the market’s bottom and maintained his year-end S&P 500 ( SP500 ) target of 7,700 despite recent volatility. Oracle ( ORCL ) names new CFO: Oracle’s decision to appoint Hilary Maxson as its new CFO makes sense as its Oracle Cloud Infrastructure unit becomes more critical to the overall health of the company, RBC Capital Markets said. The appointment follows leadership changes announced in September, when Oracle promoted Doug Kehring to principal financial officer, and comes as OCI scales amid ongoing resource and power constraint challenges facing the industry, analyst Rishi Jaluria wrote. Anthropic ( ANTHRO ) secures massive chip deal: Anthropic has struck a deal with Google ( GOOG ) ( GOOGL ) and Broadcom ( AVGO ) for multiple gigawatts of next-generation TPU capacity starting in 2027, as surging demand drives its annualized revenue toward $30 billion. The significant expansion of compute infrastructure will power its frontier Claude models, Anthropic ...
US President Donald Trump during a news conference in the James S. Brady Press Briefing Room of the White House in Washington, DC, US, on Monday, April 6, 2026. President Donald Trump said talks with Iran are "going well" ahead of a Tuesday night deadline to agree to a deal, even as he insisted that freedom of navigation through the Strait of Hormuz must be part of any agreement. Photographer: Aar...
US President Donald Trump during a news conference in the James S. Brady Press Briefing Room of the White House in Washington, DC, US, on Monday, April 6, 2026. President Donald Trump said talks with Iran are "going well" ahead of a Tuesday night deadline to agree to a deal, even as he insisted that freedom of navigation through the Strait of Hormuz must be part of any agreement. Photographer: Aaron Schwartz/CNP/Bloomberg