Investing.com -- The S&P 500 could revisit its recent lows amid persistent policy uncertainty and tariff-related market stress, Wells Fargo’s top strategist warned.The index had briefly declined 20% from its mid-February intraday record of 6,144 before staging a partial recovery. The S&P 500 is still down approximately 10% from its peak.Scott Wren, senior global market strategist at Well ...
By Abhirup Roy and Bipasha Dey (Reuters) -Tesla Chair Robyn Denholm on Thursday denied a Wall Street Journal report that said board members about a month ago had reached out to several executive search firms to find a replacement for CEO Elon Musk. Tesla (NASDAQ:TSLA) shares rose 2.8% in early trading on Thursday after Denholm called the report "absolutely false" and said on X the EV maker†...
(Reuters) -Medical device maker Becton Dickinson (NYSE:BDX) lowered its annual profit forecast on Thursday, in anticipation of a potential hit from U.S. President Donald Trump’s tariffs, sending its shares down 5% in premarket trading. The manufacturer and distributor of medical and surgical products also said it intends to invest $2.5 billion in U.S. manufacturing capacity over the next 5 years ...
LONDON (Reuters) -Apple must pay a U.S. patent holder $502 million for the use of 4G patents in devices including iPhones and iPads, London’s Court of Appeal ruled on Thursday, in the latest stage of a long-running legal battle. Texas-based Optis Cellular Technology LLC sued Apple (NASDAQ:AAPL) in London in 2019 over its use of patents which Optis says are essential to certain technological stan ...