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Morning Bid: When the chips are down
By Mike Dolan LONDON (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets A mix of disappointing results from some major semiconductor chip nam...
Thomson Reuters Aug 06, 2025
Tariffs in crucial sectors could last beyond Trump era, says JPMorgan's geopolitics arm
(Reuters) -The effective tariff rate on U.S. imports will settle near 22% and duties on sensitive sectors critical to national security are unlikely to be lifted, JPMorgan Chase's Center for Geopoliti...
Thomson Reuters Aug 06, 2025
Shopify forecasts third-quarter revenue above estimates
(Reuters) -Shopify forecast third-quarter revenue above market estimates on Wednesday, as its AI features and platform upgrades boosted demand for its e-commerce services despite tariff-related uncert...
Thomson Reuters Aug 06, 2025
McDonald's global sales top estimates as affordable meal options boost demand
By Savyata Mishra (Reuters) -McDonald's global comparable sales beat Wall Street expectations for second quarter, as affordable meal bundles and promotions drew in budget-conscious diners looking to s...
Thomson Reuters Aug 06, 2025
Uber bets on loyalty program to drive growth, unveils $20 billion buyback plan
(Reuters) -Uber unveiled a $20 billion stock buyback program and forecast its third-quarter bookings above Wall Street estimates on Wednesday, as the ride-hailing and delivery services company benefit...
Thomson Reuters Aug 06, 2025
Michael Kors owner Capri posts smaller-than-expected revenue drop
(Reuters) -Capri Holdings posted a smaller-than-expected drop in quarterly revenue on Wednesday, helped by improving demand for the Michael Kors owner's luxury handbags and footwear despite a broader ...
Thomson Reuters Aug 06, 2025
Disney tops earnings forecasts with streaming gains, raises guidance
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Walt Disney posted better-than-expected results for April through June and raised its full-year earnings guidance on Wednesday as the compa...
Thomson Reuters Aug 06, 2025
Glencore rejects US listing in boost for UK markets
By Charlie Conchie and Pratima Desai LONDON (Reuters) -Glencore will keep its primary listing in London, rejecting a move to the United States for now in a rare win for the city's markets, which have ...
Thomson Reuters Aug 06, 2025
Hungary's Richter says some US exports face tariff challenges, but flagship drug exempt
BUDAPEST (Reuters) -Higher U.S. tariffs may make it challenging for Hungarian pharmaceutical company Richter to export some products to the United States, but they won't apply to its flagship antipsyc...
Thomson Reuters Aug 06, 2025
Wall St futures edge up amid Fed rate cut optimism; earnings in focus
(Reuters) -U.S. stock index futures rose on Wednesday amid growing expectations of the Federal Reserve's interest rate cuts this year, while investors assessed a new wave of corporate earnings. At 5:3...
Thomson Reuters Aug 06, 2025

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