Italy and the U.S. have reached an agreement to challenge "discriminatory" digital taxes on major tech companies like Apple, Amazon, Google, and Meta, signaling a shift in Italy's stance on the controversial 3% levy targeting U.S. tech giants.
In a recent dialogue with U.S. Commerce Secretary Howard Lutnick, Apple Inc. (NASDAQ: AAPL) CEO Tim Cook discussed the potential ramifications of President Trump's tariffs on iPhone prices.
The March Producer Price Index unexpectedly fell 0.4% on the headline, versus the estimate for a rise of 0.2% (after a one-tenth gain in February, which was revised up by one tenth).
TSMC remains confident in its business outlook, with CEO C.C. Wei reporting no change in customer behavior despite ongoing geopolitical risks, including Nvidia's H20 chip clampdown and tariff uncertainties.
Today's Research Daily features new research reports on 16 major stocks, including Apple Inc., Philip Morris International Inc., and Sony Group Corp., as well as a micro-cap stock, Vaso Corp.
Looking for the most active stocks in the S&P500 index on Thursday? Dive into today's session and discover the stocks that are dominating the trading activity and setting the pace for the market.
Shares of steel wire manufacturer Insteel (NYSE:IIIN) jumped 11.9% in the morning session after the company reported impressive first-quarter 2025 (fiscal Q2) results, which significantly blew past analysts' sales, EPS and EBITDA estimates.
Shares of professional tools and equipment manufacturer Snap-on (NYSE:SNA)
fell 8.6% in the morning session after the company reported weak first-quarter 2025 results: Its revenue missed significantly, and its EPS fell short of Wall Street's estimates. The big story was a 3.5% drop in sales, with most of that coming from weaker demand in the U.S. Tools Group. Overall, this quarter could have been better.
