European lawmakers on Wednesday suspended the approval of the trade deal the EU and U.S. agreed in July. In a statement on Wednesday, European Parliament member Bernd Lange, and INTA chair on EU-US trade relations, said the recent plans by President Donald Trump to impose tariffs of between 10% to 25% on European nations go against the terms of the trade pact. Referring to Trump's address at the W...
European lawmakers on Wednesday suspended the approval of the trade deal the EU and U.S. agreed in July. In a statement on Wednesday, European Parliament member Bernd Lange, and INTA chair on EU-US trade relations, said the recent plans by President Donald Trump to impose tariffs of between 10% to 25% on European nations go against the terms of the trade pact. Referring to Trump's address at the World Economic Forum in Davos on Wednesday, Lange said: "I guess he didn't revise his position. He wants to have Greenland as part of the United States as quick as possible." Lange highlighted the proposed 10% to 25% tariff threat, adding: "We will hold on the procedure until there is clarity regarding the Greenland threats." This is breaking news. Please refresh for updates.
Last year was a challenging one for Viking Therapeutics (NASDAQ: VKTX) , a mid-cap biotech. The company made little clinical progress and, in fact, one of the major data readouts it released was not well received by the market, leading to a sell-off. Over the trailing 12-month period, Viking Therapeutics' shares have lagged the S&P 500 . But could Viking perform much better this year? Plenty of an...
Last year was a challenging one for Viking Therapeutics (NASDAQ: VKTX) , a mid-cap biotech. The company made little clinical progress and, in fact, one of the major data readouts it released was not well received by the market, leading to a sell-off. Over the trailing 12-month period, Viking Therapeutics' shares have lagged the S&P 500 . But could Viking perform much better this year? Plenty of analysts on Wall Street think so. The company boasts an average price target of $93.39 (according to Yahoo! Finance), implying an upside of 175% from its current levels. Can Viking Therapeutics soar by that much in 2026? Image source: Getty Images. Continue reading
Prime minister surprisingly forceful at PMQs over US president’s volte face on Chagos and refusal to drop tariffs threat on Greenland For a man who chooses his words so carefully, there is no doubt that Keir Starmer’s shift in tone towards Donald Trump at prime minister’s questions was intentional. Since the turn of the year, as the US president has shown his imperialist ambition, the prime minist...
Prime minister surprisingly forceful at PMQs over US president’s volte face on Chagos and refusal to drop tariffs threat on Greenland For a man who chooses his words so carefully, there is no doubt that Keir Starmer’s shift in tone towards Donald Trump at prime minister’s questions was intentional. Since the turn of the year, as the US president has shown his imperialist ambition, the prime minister’s softly-softly approach to his unpredictable friend in the White House has come under increased strain. Continue reading...
The widely followed growth investor keeps making moves. Cathie Wood like fast cars and faster AI chips. The co-founder, CEO, and ace stock picker of Ark Invest's growing family of exchange-traded funds (ETFs) kicked off the holiday-abridged trading week with a shopping list. With many growth stocks taking a step back on Tuesday, Wood was hungry for more. She added to her funds' existing positions ...
The widely followed growth investor keeps making moves. Cathie Wood like fast cars and faster AI chips. The co-founder, CEO, and ace stock picker of Ark Invest's growing family of exchange-traded funds (ETFs) kicked off the holiday-abridged trading week with a shopping list. With many growth stocks taking a step back on Tuesday, Wood was hungry for more. She added to her funds' existing positions in Advanced Micro Devices (AMD 2.65%), BYD (BYDDY 0.94%), and WeRide (WRD 1.08%) on Tuesday. Let's take a closer look at these three stocks. Expand NASDAQ : AMD Advanced Micro Devices Today's Change ( -2.65 %) $ -6.89 Current Price $ 252.79 Key Data Points Market Cap $423B Day's Range $ 250.31 - $ 258.20 52wk Range $ 76.48 - $ 267.08 Volume 555K Avg Vol 41M Gross Margin 44.33 % 1. Advanced Micro Devices AMD stock was one of the few tech names moving higher on Tuesday, but the maker of central processing units, graphics processing units (GPUs), and other types of microprocessors has seen its shares fall 13% since peaking three months ago. AMD was fashionably late as an artificial intelligence (AI) play. Its business serving data centers with AI chips started to pick up in the latter half of 2024, gaining momentum last year. Here's how AMD's year-over-year growth has clocked in over the past seven quarters. Q1 2024: 2% Q2 2024: 9% Q3 2024: 18% Q4 2024: 24% Q1 2025: 36% Q2 2025: 32% Q3 2025: 36% Did you spot the break in acceleration in the spring of last year? That's when tariff threats and eventually trade restrictions started to rattle the market for AMD into the world's second largest economy. The second quarter last year was when AMD took an $800 million hit, given its inability to move its Instinct MI308 data center GPU chips in China. And the war isn't over. Analysts see revenue decelerating again, rising just 26% for the fourth quarter that AMD will announce in two weeks. The good news is that those same Wall Street pros see AMD's business improving 32% for all of 2026...
Compression ratios will be at the top of the FIA’s agenda in a meeting with F1 teams to head off growing fears before the 2026 season gets underway Unveiling their new engine in Tokyo should have been a significant moment for Honda to celebrate but behind the scenes, the storied grand prix team – as well as plenty of their Formula One rivals – are worried that a looming row over new engine regulat...
Compression ratios will be at the top of the FIA’s agenda in a meeting with F1 teams to head off growing fears before the 2026 season gets underway Unveiling their new engine in Tokyo should have been a significant moment for Honda to celebrate but behind the scenes, the storied grand prix team – as well as plenty of their Formula One rivals – are worried that a looming row over new engine regulations is threatening to overshadow the opening of the 2026 season. So significant is the concern that it will be the key topic of discussion at a meeting between the FIA and the engine manufacturers set for Thursday before the first day of pre-season testing at Barcelon. Continue reading...
(RTTNews) - A report released by the Commerce Department on Wednesday showing construction spending in the U.S. increased by much more than expected in the month of October.
(RTTNews) - A report released by the Commerce Department on Wednesday showing construction spending in the U.S. increased by much more than expected in the month of October.