Wall Street has been on one of its wildest rides lately, and it sometimes feels like everyone is scrambling to figure out ‘why’.Is it the looming trade tariffs between the US and China, delayed economic data due to the government shutdown, or simply corporate earnings failing to live up to…

Apple is once again under scrutiny in China as 55 local iPhone and iPad users have filed a complaint alleging monopolistic practices in app distribution and payment systems.The complaint, Reuters reports, submitted to the State Administration for Market Regulation (SAMR) on Monday, accuses the company of abusing its dominance by…

Shares in B&M fell more than 19% on Monday after the UK discount retailer admitted a £7 million accounting error that will hit its earnings and trigger a leadership change.The company said that overseas freight costs were not correctly recognized in its accounts following an operating system update earlier this…

Barclays has named KLA Corporation (NASDAQ: KLAC) as its top pick among semiconductor equipment makers, arguing that the company is emerging as a clear leader in the wafer fabrication equipment (WFE) space. The bank upgraded the stock to overweight from equal weight and raised its price target sharply to $1,200…

Dow futures surged over 120 points on Monday, indicating a positive start to the week ahead of key earnings and inflation data releases.The futures tied to other Wall Street indices like the S&P 500 and Nasdaq 100 also gained 0.3% and 0.4%, respectively.The uptick followed a week of volatility marked…