Reuters US Business

The genie is out: 24-hour trading gaining momentum, Interactive Brokers chairman says

By Anirban Sen and Suzanne McGee NEW YORK (Reuters) -Interactive Brokers Chairman Thomas Peterffy on Thursday said 24-hour trading has become more acceptable, calling it a genie that is hard to put back into the bottle, at the Piper Sandler Global Exchange & Trading Conference. Global interest in the lucrative U.S. equity market has surged …

The genie is out: 24-hour trading gaining momentum, Interactive Brokers chairman says Read More »

Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom

By Manya Saini and Anirban Sen NEW YORK (Reuters) -Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the U.S. economy’s resilience despite tariff uncertainty and signaling renewed market vigor. Several high-profile companies, including those in risk-heavy sectors such as crypto and financial technology, …

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Trump, Musk public feud escalates; Nasdaq falls; Tesla, DJT tumble,

NEW YORK (Reuters) -President Donald Trump threatened on Thursday to cut off government contracts with companies owned by billionaire Elon Musk, as the alliance between the world’s most powerful man and its richest erupted into a rancorous public fight. The feud, which exploded in spectacular fashion over the course of a few hours, pushed shares …

Trump, Musk public feud escalates; Nasdaq falls; Tesla, DJT tumble, Read More »

Robinhood exec touts retail investor strength, says overnight trading the future

(Corrects year of GameStop short squeeze to 2021, not 2020, in paragraph 4) By Ateev Bhandari (Reuters) – Robinhood executive Steve Quirk on Thursday credited retail investors with helping the market rebound after a sharp plunge in April, adding that young self-directed traders were increasingly making trades outside traditional hours. His comments came in reference …

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Tariff-fueled surge in container shipping rates shows signs of peaking

LOS ANGELES (Reuters) -Container shipping rates continued their climb this week, fueled by the temporary tariff pause between the U.S. and China, but there are signs that demand underpinning the surge is moderating, financial analysts and maritime consultants said. Ocean vessels transport more than 80% of goods traded globally. Hulking container vessels operated by companies …

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Texas Stock Exchange CEO says 35% of US-listed public companies would not qualify for a listing

By Suzanne McGee (Reuters) -As many as 35% of the 4,600 companies now publicly traded on a U.S. stock exchange would not qualify to list on the proposed new Texas Stock Exchange, James Lee, CEO of the TXSE, told the Piper Sandler Global Exchange & Trading conference on Thursday. Among those that would not qualify, …

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Delta warns tariffs could force airline to stop buying foreign-made airplanes

By David Shepardson WASHINGTON (Reuters) -Delta Air Lines warned that Trump administration tariffs on imported airplanes and parts could force the airline to stop buying foreign-made planes and eliminate flights that serve about 10 million customers a year. The Atlanta-based carrier made the comments in a previously unreported U.S. Commerce Department filing late Tuesday in …

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Tech giants’ indirect emissions rose 150% in three years as AI expands, UN agency says

By Olivia Le Poidevin GENEVA (Reuters) -Indirect carbon emissions from the operations of four of the leading AI-focused tech companies rose on average by 150% from 2020-2023, due to the demands of power-hungry data centres, a United Nations report said on Thursday. The use of artificial intelligence by Amazon, Microsoft, Alphabet and Meta drove up …

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Global energy investment set to hit record $3.3 trillion in 2025, IEA says

By Forrest Crellin PARIS (Reuters) -A surge in clean energy spending is expected to drive a record $3.3 trillion (2.89 trillion euros) in global energy investment in 2025, despite economic uncertainty and geopolitical tensions, the International Energy Agency (IEA) said on Thursday. Clean energy technologies, including renewables, nuclear, and energy storage, are set to attract …

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