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Reuters

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Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

By Arsheeya Bajwa April 14 (Reuters) - Intel INTC.O has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake for $4.46 billion, in the first major move under new CEO Lip-Bu Tan to revive the struggling American chipmaker.The deal values Altera at $8.75 bi...

METALS-Copper gains on tariff exemptions and China stimulus hopes

Copper up about 13.5% from last week's multi-month lowResistance at 100-day moving average seen at $9,279By Polina Devitt LONDON, April 14 (Reuters) - Copper prices rose to their highest in more than a week on Monday, boosted by some exemptions from U.S. tariffs, expectations that top metals ...

Oil steady as investors weigh tariff impact on global demand

China's crude oil imports rebounded in March, data showsOPEC downgrades its 2025 global oil demand growth forecastGoldman Sachs sees Brent averaging $63 for rest of 2025By Arathy Somasekhar HOUSTON, April 14 (Reuters) - Oil prices held steady on Monday as exemptions for some electronics goods...

Global tech shares gain on US tariff exemptions, but uncertainty remains

Tech stocks including Apple, Dell and ASML riseU.S. to announce tariffs on imported chips this weekCommerce Secretary Lutnick warns of new duties on exempted itemsTrump's shifting tariff policy undermines business, consumer confidenceBy Akash Sriram and Nathan Vifflin April 14 (Reuters) - Glo...

Goldman Sachs exceeds profit estimates as traders cash in on volatile markets

Record revenue from bank's equities trading unitGoldman's investment banking fees dipCEO flags 'markedly different environment'By Saeed Azhar and Niket Nishant April 14 (Reuters) - Goldman Sachs GS.N surpassed first-quarter profit estimates, fueled by stock traders who capitalize...

CANADA STOCKS-TSX opens higher after US excludes key tech imports from China tariffs

April 14 (Reuters) - Canada's main stock index opened higher on Monday, led by information technology stocks, as investors react to the White House's exclusion of smartphones and computers from reciprocal tariffs against China.At 9:31 a.m. ET (1331 GMT), the Toronto Stock Exchange's S&am...

Street View: Wells Fargo's profitability not likely to be smooth

** Wells Fargo's WFC.N profit beat expectations in the first quarter as the bank cut costs and set aside less money to cover potential loan losses, but its CEO warned on Friday U.S. tariffs risk slowing economic growth** Average recommendation of 23 brokerages is "buy", median PT is $77 ...

US STOCKS SNAPSHOT-Nasdaq leads Wall Street higher at open after tariff break for electronics

April 14 (Reuters) - Wall Street's main indexes leapt at the open on Monday, with the tech-heavy Nasdaq up over 2%, as investors welcomed the White House's move to exempt smartphones and computers from U.S. tariffs. The Dow Jones Industrial Average .DJI rose 333.4 points, or 0.83%, at the op...

[Reuters Analysis] Gold is an uncertain certainty amid Trump tariff turmoil: Russell

LAUNCESTON, Australia, April 14 (Reuters) - As U.S. President Donald Trump ratcheted up his tariff war on the world, gold kept climbing in lockstep to reach a succession of record highs.The precious metal reached a fresh peak of $3,245.28 an ounce on April 11 and has climbed 28% ...

FOREX-Bruised dollar languishes near three-year lows on tariff anxiety

SINGAPORE, April 14 (Reuters) - The dollar drifted lower on Monday, while the Japanese yen and the euro progressed higher as investor confidence in the world's reserve currency remained in question following a stream of tariff-related pronouncements from U.S. President Donald Trump.

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