Business, News Trump hits China, Mexico and Canada with tariffs February 2, 2025 The US president will tax imports from America’s three largest trading partners but retaliation is expected.
Shares of Ray-Ban maker EssilorLuxottica jump 5% on reported Meta stake in AI push Meta and EssilorLuxottica first struck up a partnership in 2019, producing two generations of Ray-Ban Meta smart glasses.
TSMC first-quarter profit tops estimates, rising 60%, but Trump trade policy threatens growth TSMC beat profit expectations for the first quarter, thanks to a continued surge in demand for AI chips.
Dollar rallies amid safe-haven rush after Israel strikes Iran The Israeli strikes offered “the oversold and undervalued dollar a catalyst for a rebound,” according to ING currency strategists.