Latest World News copy
- China's Xiaomi undercuts Tesla with yet another cheaper carChinese smartphone company Xiaomi priced its luxury YU7 SUV within expectations — but undercut Tesla's Model Y.
- Nike says tariffs will cost it $1 billion before price increases, supply chain shiftsNike said its fiscal fourth quarter will see the worst of its turnaround efforts but investors are wondering if sales and profits still have more room to fall.
- S&P 500 closes modestly higher, a hair’s breadth away from hitting a new recordStocks climbed on Thursday as the S&P 500 continued its march toward the all-time highs set earlier in the year.
- S&P 500 futures are little changed as benchmark closes in on all-time high: Live updatesThe broad market index is inches away from a new intraday record.
- What's driving Wall Street stablecoin interest? Trillions up for grabs in the future and banks getting ready for itStablecoins are poised to grow to trillions of dollars, and financial services giant and banks want a piece of it, says Zach Abrams, Bridge co-founder and CEO.
- UBS gives 3 key AI stocks to own from hereIn a note published Thursday, UBS highlighted three major pillars that will drive AI demand going forward.