Category: Top Story

Mega-cap U.S. technology companies remained relatively steady in Frankfurt trading following the announcement of a new H-1B visa fee by U.S. President Donald Trump. The White House proclamation, issued Friday, requires firms to pay $100,000 annually for each H-1B work visa, prompting companies including Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOG), and Goldman Sachs (NYSE:GS) to advise employees…

U.S. President Donald Trump is anticipated to approve a TikTok agreement via executive order later this week, stating that it meets legal requirements, the Wall Street Journal reported Monday, citing a senior White House official. The approval would conclude months of U.S.-China negotiations, which were closely tied to broader trade discussions, and provide a clear…

Meta Platforms’ (NASDAQ:META) artificial intelligence system, Llama, has received authorization for use by U.S. government agencies, as the Trump administration continues efforts to adopt commercial AI solutions within federal operations. The General Services Administration (GSA), responsible for managing government procurement, will add Llama to its roster of approved AI tools for federal use, according to…

Jefferies has raised concerns that Apple’s (NASDAQ:AAPL) latest iPhone lineup may face pressures on average selling prices (ASP), even as overall demand trends appear stronger compared with last year. Analysts at the firm noted that their “tracking of global lead time and HK’s resale prices indicates rising demand for iPhone 17, although the US is…

Bristol Myers Squibb (NYSE:BMY) will price its latest schizophrenia medication at $22,500 per year in the United Kingdom, the same as in the United States, according to the Financial Times. The company has opted to standardize the cost of the therapy across both markets, offering patients in the UK and US equal pricing for this…

Lincoln Educational Services Corporation (NASDAQ:LINC), a national leader in specialized technical training, celebrated the 65th anniversary of its Columbia, Maryland campus earlier this month, reflecting decades of workforce development in the region. The school’s first Maryland location opened in Landover in 1960 before relocating to Columbia in 1997, expanding its program offerings and helping thousands…

Shares of Kenvue (NYSE:KVUE) slipped 5.5% in pre-market trading on Monday following a report by the Washington Post that the Trump administration is set to raise concerns about a possible connection between Tylenol’s active ingredient and autism risk. The report indicates that federal health authorities may advise pregnant women to avoid acetaminophen—the active ingredient in…

Investors are entering a week packed with tech earnings and important Federal Reserve commentary, coming shortly after the central bank’s recent interest rate cut and hints at further reductions. Market participants will also be watching new inflation data, while tariff-driven price pressures could influence results from warehouse retailer Costco. Tech Sector Results Take Center Stage…

The ongoing market upswing shows signs reminiscent of the late 1990s tech bubble, with major indices hitting record levels and valuations stretching higher even as corporate earnings continue to rise, according to Ed Yardeni, founder and president of Yardeni Research. Last week, the Dow, S&P 500, Nasdaq, and Russell 2000 all posted new highs, boosted…

The U.S. dollar held steady on Monday after last week’s swings, with investors focusing on a series of Federal Reserve speeches that could shed light on upcoming monetary policy, ahead of critical inflation figures. At 04:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against six major currencies, was slightly lower at 97.155.…