Qualcomm to acquire UK's Alphawave for $2.4 billion
US chipmaker
Qualcomm
on Monday agreed to acquire British
semiconductor
company
Alphawave
for about $2.4 billion.
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Economic Times
an hour ago
- Economic Times
US Stock market today: Dow flat, S&P 500 edges up, Nasdaq climbs as US-China trade talks continue and investors await key inflation data
US Stock Market Today finds Wall Street holding its breath as US-China trade talks stretch into a second London session. The Dow sits flat, the S&P 500 inches up 0.2 percent, and the Nasdaq gains 0.3 percent, with traders hungry for any hint of progress on rare-earth access and tariff relief. A surprise dip in Chinese shares reminds everyone how fragile sentiment remains. Meanwhile, America's small-business optimism just posted its first jump since September, yet inflation jitters loom large. All eyes now turn to Wednesday's May CPI report, poised to clarify price pressures and shape the market's next decisive move in coming days. Stock market today steadies; Dow flat, S&P 500 up 0.2%, Nasdaq gains 0.3% as investors monitor US-China trade talks in London and brace for Wednesday's May CPI release that could redefine inflation expectations and guide Wall Street's next move closely. Tired of too many ads? Remove Ads Market Summary Dow Jones : Essentially flat—hovering near unchanged, with a slight dip of around 0.05%–0.1% in early session trading. : Essentially flat—hovering near unchanged, with a slight dip of around 0.05%–0.1% in early session trading. S&P 500 : Up about 0.1%–0.17%, edging higher as markets remain just ~2% below record highs. : Up about 0.1%–0.17%, edging higher as markets remain just ~2% below record highs. Nasdaq Composite: Gaining between 0.2%–0.3%, led by semiconductors, driven by optimism over potential easing of chip export restrictions. Energy (+1.7%) and Communication Services (+0.9%) are among the top-performing sectors. (+1.7%) and (+0.9%) are among the top-performing sectors. Semiconductors rally—Qualcomm, AMD, Synopsys each gained over 4%, iShares Semiconductor ETF up ~2.4%. Tesla : +2.4% to +2.6%, continuing strong performance. : +2.4% to +2.6%, continuing strong performance. McDonald's : down ~1.4%, after a 'sell' downgrade. : down ~1.4%, after a 'sell' downgrade. Insmed: +27.7%, after positive drug trial results. Tired of too many ads? Remove Ads Market Outlook Near-term cautious optimism : Investors are hoping trade talks yield progress, but remain vigilant ahead of inflation data. : Investors are hoping trade talks yield progress, but remain vigilant ahead of inflation data. Tech dominance continues : Semiconductor and tech stocks dominate gains amid talk of easing export controls. : Semiconductor and tech stocks dominate gains amid talk of easing export controls. Volatility ahead: Inflation reports could trigger sharp moves—either pushing markets higher or sparking a pullback. Why are US-China trade talks causing the stock market to tread water? What did the Dow, S&P 500, and Nasdaq do today? Dow Jones Industrial Average (DJI): Little changed S&P 500 (GSPC): Gained 0.2% Nasdaq Composite (IXIC): Rose 0.3% Is small business optimism showing any improvement? What are markets watching next — and why does CPI matter so much? Tired of too many ads? Remove Ads Are markets ready for another round of volatility? FAQs: US stock markets showed little movement on Tuesday as investors paused to assess the progress of US-China trade talks, which entered their second day in London. The Dow Jones Industrial Average (DJI) hovered flat, the S&P 500 inched up by 0.2%, and the Nasdaq Composite gained 0.3%, led by tech market is cautiously watching for any signs of a breakthrough as trade negotiators revisit several sticking points. While early reports suggested positive momentum, uncertainty still hangs over the outcome — especially with global growth and inflation already under ongoing US-China trade talks resumed Tuesday in London following an upbeat first meeting on Monday. A key priority for the US is securing better access to China's rare earth minerals, which are vital to tech manufacturing. But negotiators are walking a tightrope — key issues remain unresolved, including intellectual property rights and market access rules that have long fueled tensions between the two global are still on edge after years of unpredictable trade policy swings under former President Trump, whose tariffs and threats repeatedly jolted markets. 'China's not easy,' Trump said Monday, even as White House aides hinted that the talks were going markets didn't share the optimism. On Tuesday, Chinese stocks fell sharply just before the London meeting resumed. The sudden drop highlighted the fragile mood among investors. 'The market is too sensitive,' said Fu Shifeng, investment director at Cheng Zhou Investment, in a Bloomberg interview. 'People seem to be speculating that the talks didn't go well.'Here's how the major indexes performed by the end of Tuesday's session:While the gains were modest, the direction was positive, showing investors aren't panicking — just waiting. The tech-heavy Nasdaq continued to benefit from steady interest in high-growth companies, while broader markets stayed a separate piece of economic data released Tuesday added a glimmer of hope. The NFIB Small Business Optimism Index showed its first rise since September, signaling some renewed confidence among small firms. Business owners said the easing of trade tensions with China had helped stabilize optimism is still mixed. The survey also noted growing concerns around the tax-and-spending proposals coming from Washington. The size of the proposed federal spending bill has raised fears about rising deficits and long-term economic risks, potentially offsetting any positive trade next big moment for markets comes Wednesday when the May Consumer Price Index (CPI) report drops. This inflation update will offer the latest look at how much prices are rising — and whether price pressures are cooling off or heating up expect the CPI to show an acceleration in inflation last month, which could influence how investors react to any trade deal. If inflation comes in hot, it could complicate the Federal Reserve's interest rate path — and make stocks more volatile, especially with so many global uncertainties already in now, traders are in a wait-and-see mode. The outcome of the US-China trade talks, combined with Wednesday's CPI release, could set the tone for the rest of the week. A breakthrough in trade would likely push stocks higher. But weak progress or a surprise spike in inflation could bring renewed recent swings in global indexes, and Chinese stocks dipping unexpectedly, no one is assuming smooth sailing ahead. Investors will be watching every statement and number closely.A. Wall Street is mostly flat as traders watch US-China trade talks and wait for the May CPI numbers.A. A rare-earth deal and tariff relief could calm supply fears, boost growth hopes, and lift key indexes.
Time of India
an hour ago
- Time of India
US Stock market today: Dow flat, S&P 500 edges up, Nasdaq climbs as US-China trade talks continue and investors await key inflation data
US Stock Market Today: Wall Street Stalls as US-China Trade Talks Continue, Investors Await Inflation Data- US stock markets showed little movement on Tuesday as investors paused to assess the progress of US-China trade talks, which entered their second day in London. The Dow Jones Industrial Average (DJI) hovered flat, the S&P 500 inched up by 0.2%, and the Nasdaq Composite gained 0.3%, led by tech stocks. The market is cautiously watching for any signs of a breakthrough as trade negotiators revisit several sticking points. While early reports suggested positive momentum, uncertainty still hangs over the outcome — especially with global growth and inflation already under pressure. Market Summary Dow Jones : Essentially flat—hovering near unchanged, with a slight dip of around 0.05%–0.1% in early session trading. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. S&P 500 : Up about 0.1%–0.17%, edging higher as markets remain just ~2% below record highs. Nasdaq Composite : Gaining between 0.2%–0.3%, led by semiconductors, driven by optimism over potential easing of chip export restrictions. Sector Highlights: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villa For Sale in Dubai Might Surprise You Villas in Dubai | Search ads Learn More Energy (+1.7%) and Communication Services (+0.9%) are among the top-performing sectors. Semiconductors rally—Qualcomm, AMD, Synopsys each gained over 4%, iShares Semiconductor ETF up ~2.4%. Notable Movers: Tesla : +2.4% to +2.6%, continuing strong performance. McDonald's : down ~1.4%, after a 'sell' downgrade. Insmed : +27.7%, after positive drug trial results. Live Events Market Outlook Near-term cautious optimism : Investors are hoping trade talks yield progress, but remain vigilant ahead of inflation data. Tech dominance continues : Semiconductor and tech stocks dominate gains amid talk of easing export controls. Volatility ahead : Inflation reports could trigger sharp moves—either pushing markets higher or sparking a pullback. Why are US-China trade talks causing the stock market to tread water? The ongoing US-China trade talks resumed Tuesday in London following an upbeat first meeting on Monday. A key priority for the US is securing better access to China's rare earth minerals, which are vital to tech manufacturing. But negotiators are walking a tightrope — key issues remain unresolved, including intellectual property rights and market access rules that have long fueled tensions between the two global giants. Investors are still on edge after years of unpredictable trade policy swings under former President Trump, whose tariffs and threats repeatedly jolted markets. 'China's not easy,' Trump said Monday, even as White House aides hinted that the talks were going well. Chinese markets didn't share the optimism. On Tuesday, Chinese stocks fell sharply just before the London meeting resumed. The sudden drop highlighted the fragile mood among investors. 'The market is too sensitive,' said Fu Shifeng, investment director at Cheng Zhou Investment, in a Bloomberg interview. 'People seem to be speculating that the talks didn't go well.' What did the Dow, S&P 500, and Nasdaq do today? Here's how the major indexes performed by the end of Tuesday's session: Dow Jones Industrial Average (DJI): Little changed S&P 500 (GSPC): Gained 0.2% Nasdaq Composite (IXIC): Rose 0.3% While the gains were modest, the direction was positive, showing investors aren't panicking — just waiting. The tech-heavy Nasdaq continued to benefit from steady interest in high-growth companies, while broader markets stayed cautious. Is small business optimism showing any improvement? Interestingly, a separate piece of economic data released Tuesday added a glimmer of hope. The NFIB Small Business Optimism Index showed its first rise since September, signaling some renewed confidence among small firms. Business owners said the easing of trade tensions with China had helped stabilize sentiment. However, optimism is still mixed. The survey also noted growing concerns around the tax-and-spending proposals coming from Washington. The size of the proposed federal spending bill has raised fears about rising deficits and long-term economic risks, potentially offsetting any positive trade news. What are markets watching next — and why does CPI matter so much? The next big moment for markets comes Wednesday when the May Consumer Price Index (CPI) report drops. This inflation update will offer the latest look at how much prices are rising — and whether price pressures are cooling off or heating up again. Analysts expect the CPI to show an acceleration in inflation last month, which could influence how investors react to any trade deal. If inflation comes in hot, it could complicate the Federal Reserve's interest rate path — and make stocks more volatile, especially with so many global uncertainties already in play. Are markets ready for another round of volatility? For now, traders are in a wait-and-see mode. The outcome of the US-China trade talks, combined with Wednesday's CPI release, could set the tone for the rest of the week. A breakthrough in trade would likely push stocks higher. But weak progress or a surprise spike in inflation could bring renewed volatility. With recent swings in global indexes, and Chinese stocks dipping unexpectedly, no one is assuming smooth sailing ahead. Investors will be watching every statement and number closely. FAQs: Q 1. What is the stock market today doing? A. Wall Street is mostly flat as traders watch US-China trade talks and wait for the May CPI numbers. Q 2. Why do US-China trade talks matter to investors now? A. A rare-earth deal and tariff relief could calm supply fears, boost growth hopes, and lift key indexes.
NDTV
2 hours ago
- NDTV
Uber To Launch Self-Driving Taxis In London Next Year
Ride-hailing firm Uber will launch self-driving taxis in London next year when England trials new driverless services, the firm and the UK government said on Tuesday. Under the Uber pilot scheme, services will initially have a human in the driver's seat who can take control of the vehicle in an emergency, but the trials will eventually transition to being fully driverless. The government announcement will see companies including Uber allowed to trial commercial driverless services without a human presence for the first time in the UK. They will include taxis and "bus-like" services. Uber CEO Andrew Macdonald described London's roads as "one of the world's busiest and most complex urban environments". "Our vision is to make autonomy a safe and reliable option for riders everywhere, and this trial in London brings that future closer to reality," he said. Members of the public will be able to book the transport via an app from spring 2026, ahead of a potential wider rollout when new legislation -- the Automated Vehicles Act -- becomes law from the second half of 2027, the Department for Transport added. The technology could create 38,000 jobs, add £42 billion ($57 billion) to the UK economy by 2025, and make roads safer, it said. "The future of transport is arriving. Self-driving cars could bring jobs, investment, and the opportunity for the UK to be among the world-leaders in new technology," Transport Secretary Heidi Alexander said. "We can't afford to take a back seat on AI.... That's why we're bringing timelines forward today," added Technology Secretary Peter Kyle. The wider rollout will also allow the sale and use of self-driving, private cars. Driverless vehicle trials have been underway in the UK since January 2015, with British companies Wayve and Oxa "spearheading significant breakthroughs in the technology", the ministry said. "These early pilots will help build public trust and unlock new jobs, services, and markets," said Wayve CEO Alex Kendall. According to the government the forthcoming legislation will require self-driving vehicles to "achieve a level of safety at least as high as competent and careful human drivers". "By having faster reaction times than humans, and by being trained on large numbers of driving scenarios, including learning from real-world incidents, self-driving vehicles can help reduce deaths and injuries," it said. Driverless taxis with limited capacity are already on the roads in the United States and China, most notably in the central Chinese city of Wuhan where a fleet of over 500 can be hailed by app in designated areas.
