Bird’s-eye view of central Tokyo including Tokyo Tower at sunrise hours. Vladimir Zakharov | Moment | Getty Images The Japanese yen surged against the dollar on Friday, extending gains that came the previous day after officials in Tokyo said they stood ready to intervene in the foreign exchange market. Friday saw the Japanese currency rise…
President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged…
Roku rallied as much as 9% Friday following its first-quarter earnings report on Thursday, and the provider of streamed entertainment still has more room to run, according to leading analysts on Wall Street. Roku continues to strengthen its businesses and is benefiting from broader industry tailwinds, they said. Morgan Stanley reiterated its overweight rating on…
Bitcoin surged in April, but its run could be on shaky ground, according to crypto data provider CryptoQuant. The flagship crypto coin gained 12.7% for the month, registering back-to-back monthly gains and its best month since April 2025. It eked out a nearly 2% gain in March, following five consecutive down months. Ether gained 8%…
US President Donald Trump (L) shakes hands with British Prime Minister Keir Starmer as they speak to reporters after meeting during the Group of Seven (G7) Summit at the Pomeroy Kananaskis Mountain Lodge in Kananaskis, Alberta, Canada on June 16, 2025. Brendan Smialowski | Afp | Getty Images U.K. goods exported to the U.S. plunged…
American multinational skin care and beauty products brand Estée Lauder’s logo is seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Estee Lauder on Friday raised its annual profit forecast and laid out plans to cut up to 3,000 more jobs globally as it accelerates a broad restructuring plan, sending its shares up…
Google CEO Sundar Pichai attends the AI Impact Summit in New Delhi, India, Friday, Feb. 20, 2026. AP Quietly, shares of Google-parent Alphabet are on the verge of topping $5 trillion, and overtaking AI-leader Nvidia as the world’s most valuable company. And according to options prices, it may happen sooner rather than later. The breakout…
Defense Department CTO Emil Michael on Friday said Anthropic is still a supply chain risk, but that Mythos, the company’s artificial intelligence model with advanced cyber capabilities, is a “separate national security moment.” “I think the Mythos issue that’s being dealt with government wide, not just at Department War, is a separate national security moment where…
The Exxon oil refinery in Baytown, Texas, US, on Thursday, March 5, 2026. Mark Felix | Bloomberg | Getty Images Surging oil prices due to the Iran war did not result in a windfall for Exxon Mobil and Chevron in the first quarter. The two biggest U.S. oil companies reported profits on Friday that fell…
Treasury yields were unchanged on Friday as investors digested a week of key economic data and policy releases. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was unchanged at 4.390%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was…
