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fromFortune
1 month ago

Wall Street heads for losing week as stocks open lower | Fortune

Stocks are off to a lower start on Wall Street and on track for their first weekly loss in the last four. The S&P 500 fell 0.5% in the early going Friday. The Dow Jones Industrial Average fell 174 points, or 0.4%, and the Nasdaq composite fell 0.8%. Markets are reacting to the latest quarterly reports from U.S. companies. Payments company Block, which operates the Square and Cash App businesses, sank after turning in results that fell short of forecasts. Exercise equipment maker Peloton jumped after its results beat estimates. Treasury yields moved higher in the bond market.
US news
#us-tariffs
fromFortune
2 months ago
US politics

Trump bet China would face 'tremendous difficulties' without U.S. consumers-Beijing just focused on the rest of the world instead | Fortune

China has redirected exports from the U.S. to other markets, boosting overall exports despite U.S. tariffs, while U.S. growth projections weaken.
fromBusiness Insider
4 months ago
Miscellaneous

Why China's export machine keeps humming, despite the US's tariff squeeze

China's exports to the US declined significantly due to tariffs, yet overall exports grew by nearly 6% driven by high-tech goods and increased trade with other nations.
fromFortune
2 months ago
US politics

Trump bet China would face 'tremendous difficulties' without U.S. consumers-Beijing just focused on the rest of the world instead | Fortune

more#us-tariffs
Miscellaneous
fromFortune Asia
2 months ago

European firms still can't easily get Chinese rare earths, says business lobby | Fortune Asia

European firms continue to face significant disruptions obtaining Chinese rare earths despite an agreed export mechanism, causing losses particularly for SMEs.
Artificial intelligence
fromFortune
3 months ago

Nvidia will move the market tonight in a test of the alleged AI bubble

Nvidia's earnings now function as a market-wide AI indicator, strongly influencing stock-market sentiment amid geopolitical uncertainty and bubble concerns in AI-related stocks.
Environment
fromWIRED
3 months ago

Africa Is Buying a Record Number of Chinese Solar Panels

Falling costs of Chinese solar panels are enabling the Global South to choose cheaper, greener solar over imported coal and gas for new power supply.
SF food
fromTasting Table
5 months ago

The Country That Exports The Most Canned Food In The World - Tasting Table

China is the world's largest exporter of canned foods, showcasing dominance through vast agricultural and industrial capacity.
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