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Oil Edges Down After Recent Gains; Ukraine Tensions, Fed in Focus
WSJ· 2025-12-05 02:59
Core Viewpoint - Oil prices experienced a slight decline in Asia after a higher settlement overnight, yet they remain on track for a weekly gain [1] Group 1 - Oil prices ticked down in Asia [1] - The market is still positioned for a weekly gain despite the recent decline [1]
Singapore Dollar Steady; Focus on Fed's Rate Decision
WSJ· 2025-12-05 02:47
Core Viewpoint - The Singapore dollar remains stable against the U.S. dollar as market participants anticipate the Federal Reserve's upcoming rate decision [1] Group 1 - The Singapore dollar's performance is closely monitored in the Asian session [1] - Market participants are awaiting the Federal Reserve's rate decision scheduled for next week [1]
Masayoshi Son Hammers Out High-Tech Factories Plan With White House
WSJ· 2025-12-05 02:00
Core Insights - The SoftBank billionaire is planning to establish "Trump Industrial Parks" on federal land, leveraging hundreds of billions in capital from the Japan trade deal [1] Group 1 - The initiative aims to utilize federal land for the development of industrial parks [1] - The funding for this project is expected to come from a significant trade deal with Japan, amounting to hundreds of billions [1]
Gold Falls as Investors Focus on Fed Rate Decision
WSJ· 2025-12-05 01:23
Core Viewpoint - Spot gold prices have declined, and the latest U.S. jobs data did not significantly alter expectations regarding a potential Federal Reserve rate cut next week according to ANZ Research [1] Group 1 - Spot gold experienced a decrease in value [1] - Recent U.S. jobs data had minimal impact on market expectations for a Federal Reserve rate cut [1]
Top Apple Execs to Leave, Adding to Recent Departures
WSJ· 2025-12-04 22:37
Lisa Jackson, who led sustainability initiatives at Apple, will retire in January., and Kate Adams, the company's general counsel, will retire late next year. ...
Meta Plans to Shift Spending Away From the Metaverse
WSJ· 2025-12-04 21:51
Zuckerberg's bet on immersive online worlds has lost the company more than $77 billion since 2020. ...
Ulta Beauty Boosts Fiscal-Year Guidance as Third-Quarter Sales Climb
WSJ· 2025-12-04 21:46
Core Insights - The cosmetics retailer anticipates annual sales of $12.3 billion, reflecting a positive outlook for the company [1] - The company reported a quarterly profit of $230.9 million, indicating strong financial performance [1] - Growth was observed across all product categories and sales channels, showcasing the company's robust market position [1]
U.S. Steel to Restart Blast Furnace at Plant Trump Pushed to Preserve
WSJ· 2025-12-04 21:40
Group 1 - Rising steel demand is expected to benefit the company by enabling expanded use of the Granite City Works in southern Illinois [1] - Anticipated outages at other mills owned by the company will further support the increased utilization of Granite City Works [1]
HPE Says Customers' AI Delays Weighing on Sales
WSJ· 2025-12-04 21:36
Core Insights - The company reported lower-than-expected revenue in the fiscal fourth quarter due to delays faced by customers in the development of their AI products [1] Summary by Category - **Financial Performance** - The company experienced a revenue shortfall in the fiscal fourth quarter, which was attributed to customer delays in AI product development [1]