Market News

Figma’s stock soars in its highly anticipated IPO, market cap instantly hits $45B - TechCrunch

Figma began trading on the New York Stock Exchange on Thursday after a long delay. It soared so quickly that trading was halted for a short time due to market volatility.rnThe price is currently boun… [+656 chars]

Rail deal will open new markets for top US container port - Yahoo Finance

The Port of Los Angeles stands poised for significant growth and transformational change following news of Union Pacifics plans to acquire Norfolk Southern (NYSE: NSC) and create the nations first tr… [+2518 chars]

Amazon earnings updates: Tariff impacts on e-commerce, AWS in focus for Wall Street - Business Insider

Amazon expects capital expenditures of roughly $105 billion in 2025, CFO Brian Olsavsky said in February. Much of that will help build Amazon's AI products and tools.rnThe tech company has spent the … [+909 chars]

Fact Sheet: President Donald J. Trump Takes Action to Address the Threat to National Security from Imports of Copper - The White House (.gov)

STRENGTHENING AMERICAS COPPER INDUSTRY: Today, President Donald J. Trump signed a Proclamation to address the effects of copper imports on Americas national security, including by imposing tariffs on… [+4650 chars]

Bessent says 'not to panic' over tariff rate surges on Aug. 1 - CNBC

Treasury Secretary Scott Bessent on Wednesday urged corporate America, investors and U.S. trade partners "not to panic" if tariff rates surge on Aug. 1 because deals have not been reached yet, saying… [+1988 chars]

Trump ends de minimis exemption for tariffs, imposes copper, Brazil levies - Axios

• The suspension was already in place for China and had a serious impact on major Chinese retailers like Shein and Temu.
• The copper levy will increase prices substantially on one of th… [+2624 chars]
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Recall warns some Celsius energy drink cans accidentally contain alcohol - NBC News

The canned cocktail maker High Noon is warning customers that some of its vodka seltzers were accidentally labeled as Celsius energy drinks. rnIn a recall notice posted to the Food and Drug Administr… [+662 chars]

Trump Unleashes a Flurry of Trade Surprises on Eve of Deadline - Bloomberg.com

Donald Trump unleashed a series of tariff deals and demands on the eve of his Friday deadline, including surprises on India and copper as the US president attempts to create a new global trade order.… [+241 chars]

Meta Q2 earnings updates: Wall Street is bullish, eyeing AI opportunities with stock up 20% this year - Business Insider

Meta could lift its capital expenditures even higher as it ploughs more money into AI and superintelligence projects, analysts at Citizens wrote.rn"With Meta making material investments in its superi… [+618 chars]

Turbulence forces Delta flight to land and sends 25 people to hospitals, airline says - AP News

A Delta Air Lines flight from Salt Lake City to Amsterdam was hit by serious turbulence, sending 25 people on board to hospitals and forcing the flight to divert to Minneapolis-St. Paul International… [+2414 chars]

Severe Turbulence Injures 25 On Delta Air Lines Flight - The Weather Channel

A Delta Air Lines plane lands at Sarasota-Bradenton International Airport on Friday, March 28, 2025. rn(AP Photo/Gene J. Puskar, File)rnWe're following a developing story out of Minneapolis, where a … [+1687 chars]

Turbulence forces diversion of Delta flight, sends 25 to hospital - NBC News

Twenty-five people were taken to hospitals after a Delta flight headed from Utah to Amsterdam experienced significant turbulence and had to land in Minneapolis on Wednesday, the airline said.rnFlight… [+1230 chars]

The words investors are betting will be said tonight on Apple's earnings call - CNBC

Wall Street is gearing up for Apple's third-quarter results after the bell, and users on prediction platform Kalshi are betting on what will be discussed on the iPhone maker's upcoming earnings call.… [+2938 chars]

Figma Poised to Open Trading at More Than Triple Its IPO Price - Yahoo Finance

(Bloomberg) -- Figma Inc. shares are indicated to begin trading at $105 to $110 each, after the design and collaboration software company and some of its backers raised $1.2 billion in one of the yea… [+6053 chars]

Best Buy, Ikea test new kitchen concept in U.S. stores - CNBC

Best Buy said Thursday it will test mini-showrooms in some of its stores featuring Ikea products to show off kitchen design elements from the home retailer beside home appliances from the electronics… [+1036 chars]

Donald Trump’s New Crypto Bible Is Everything the Industry Ever Wanted - WIRED

The White House has laid out its plan to usher in a new American Golden Age, with cryptocurrency at its center.rnIn a 160-page report published Wednesday, White House representatives outlined a serie… [+3177 chars]

AMD Reports August 5—Analyst Sees Q3 Upside and CPU Market Gains - Yahoo Finance

Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the Must-Watch AI Stocks on Wall Street. On July 29, BofA Securities raised its price target on the stock to $200.00 from $175.00 while maintaining… [+2414 chars]

Trump administration cancels plans to develop new offshore wind projects - AP News

The Trump administration is canceling plans to use large areas of federal waters for new offshore wind development, the latest step to suppress the industry in the United States.rnMore than 3.5 milli… [+3114 chars]

Ford says Trump tariffs to cost it $2bn this year - BBC

Motor industry giant Ford says it expects tariffs to cost it about $2bn (£1.5bn) this year, which is more than previously expected, despite building most of its cars in America.rnThe company says it … [+1525 chars]

High Noon is recalling some vodka seltzers mislabeled as Celsius energy drinks - NPR

Fans of a popular energy drink may unknowingly be cracking open a can of alcohol, thanks to a supply-chain snafu.rnHigh Noon is recalling certain 12-packs of its vodka seltzers, which turned out to o… [+3489 chars]

China summons Nvidia over backdoor security concerns with AI chips - The Washington Post

Chinas cyberspace regulator said Thursday that it had summoned representatives of U.S. tech giant Nvidia to explain alleged security vulnerability risks involving its highly sought-after H20 artifici… [+3952 chars]