Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby's auction
Nvidia CEO Jensen Huang is rarely seen without his leather jacket. It's his signature look. He's been wearing them for nearly 20 years.
Market Analysis
The White House is dictating access to frontier AI models, shifting power from tech giants, sources say
The Trump administration has taken new steps to assert more control over the rollout of future artificial intelligence model releases by dictating which companies and entities are allowed access to the latest frontier m…
Chinese Yuan: Consolidation holds upside bias against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/CNH is currently consolidating in a narrow range around 6.77. In their 1–3 week view, they maintain a downside bias toward 6.7600 as lo…
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Stock Market Today, July 17: UiPath Gains on Retail AI Partnership
UiPath (NYSE:PATH), an enterprise automation and robotic software provider, closed at $12.15, up 1.00%. The gains follow a recent retail artificial intelligence (AI) partnership, while broader technology weakness stayed…
The average stock is having a moment as semiconductors struggle. It’s a sign of a healthy market.
After spending much of the past year trading comfortably above six figures and reaching a peak above $126,000 in October (1), the world's largest cryptocurrency appeared to have settled into a period of relative stabili…
World stocks fall in semiconductor rout; oil rises on Middle East escalation
Global Market – Global stock markets fell sharply on Thursday, July 16, 2026, driven by a widespread liquidation of technology and semiconductor shares amid escalating geopolitical conflict in the Middle East. While coo…
Trump rips Canada as wildfire smoke spreads, says U.S. will add pollution cost to tariffs
President Donald Trump on Friday blasted Canada for wildfires enveloping swaths of the United States in a smoky haze, and said he would add the costs of that pollution to existing tariffs.
Mexican Peso tumbles as Iran war jitters, denting Peso’s appetite
The Mexican Peso loses traction against the Greenback, dropping over 0.65% during Friday’s North American session as the American currency benefits due to its safe-haven appeal as the US-Iran conflict is far from ending…
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Stocks Pressured by Global Slide in Chipmakers
The S&P 500 Index ($SPX) (SPY) today is down -0.87%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -1.76%. September E-mini S&P futures (ESU26) are down -0…
Stocks Tumble as the Rout in Chipmakers Deepens
The S&P 500 Index ($SPX) (SPY) today is down -1.06%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.12%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -2.23%. September E-mini S&P futures (ESU26) are down -0…
Dollar Finds Support from Weak Stocks and Surging Crude Prices
The dollar index (DXY00) is up by +0.03% today. The dollar found support from today's +3% jump in WTI crude oil prices, which raises inflation expectations and could prompt the Fed to pursue tighter monetary policy, a s…
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
Credibility is everything for Kevin Warsh. Congressional hearings this week showed how hard it will be for the new Federal Reserve chairman to keep it.
Japanese Yen: Verbal intervention fails to move JPY against US Dollar – Scotiabank
Scotiabank’s Shaun Osborne and Eric Theoret note USD/JPY is little changed despite strong verbal intervention from Finance Minister Katayama, who warned of decisive action at any time. Markets remain unimpressed, given …
Surging Crude Oil Lifts Sugar Prices
October NY world sugar #11 (SBV26) today is up +0.47 (+3.25%), and October London ICE white sugar #5 (SWV26) is up +16.70 (+3.67%).
Dollar holds steady on safe-haven demand, ends down on the week
NEW YORK, July 17 (Reuters) - The dollar was flat on Friday, but ended the week lower as tame U.S. inflation data led traders to cut bets on imminent rate hikes from the Federal Reserve.
Chip stocks enter bear-market territory. A BofA analyst says not to panic.
U.S. stock futures are signaling a strong end to the holiday-shortened week. Wall Street is looking to rebound from last night's sudden selloff after the Federal Reserve signaled it still sees interest rate hikes later …
Singapore Dollar: Range trade holds near recent lows against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note USD/SGD has stabilised after an earlier sell-off, with spot around 1.2905 and intraday price action expected to stay confined between nearby sup…
Crude Oil Prices Soar as the US and Iran Escalate Attacks
August WTI crude oil (CLQ26) today is up +2.16 (+2.74%), and August RBOB gasoline (RBQ26) is up +0.1049 (+3.19%).
US judge won’t block Meta from laying off workers who filed AI discrimination lawsuit
☀️ Good morning from The Legal File! Here is the rundown of today's top legal news:
Surging Crude Oil Lifts Sugar Prices
October NY world sugar #11 (SBV26) today is up +0.47 (+3.25%), and October London ICE white sugar #5 (SWV26) is up +16.70 (+3.67%).
Iraq and Syria sign agreement to restore oil pipeline that would provide alternative to Strait of Hormuz
Iraq and Syria signed an agreement on Friday to rebuild an oil pipeline that would provide an alternative to the Strait of Hormuz.
Forecasting the coming week: ECB decision, UK inflation, and global PMIs to drive markets
The upcoming week will be dominated by the European Central Bank’s (ECB) interest rate decision, United Kingdom (UK) inflation and labor market figures, and preliminary global Purchasing Managers Index (PMI) data. Austr…
Oil tankers face 'worst case scenario' in Hormuz as Iran steps up attacks on ships, maritime risk CEO says
The security situation in the Strait of Hormuz has returned to a "worse-case scenario" for oil tankers as Iran has repeatedly attacked ships over the past week, the CEO of a maritime risk services firm said.
Gold climbs as Iran war premium revives Fed hike risk
Gold edges higher by some 0.92% on Friday as the US-Iran conflict boosted energy prices, which ultimately drive inflation higher, increasing expectations that the Federal Reserve (Fed) might need to raise interest rates…