The Daily

The maker of Nutella and Ferrero Rocher, Ferrero, is reportedly close to finalizing a deal to acquire WK Kellogg Co. (KLG) for a roughly $3 billion dollar price tag, per the WSJ. The stock soared in after-hours trading following the report, up over 50%.

As of Wednesday’s market close,

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq futures fall amid Trump's latest tariff threats, Nvidia's milestone  »

Donald Trump’s vow to impose 50 per cent tariffs on copper imports reverberated across the market for the world’s most important industrial metal on Wednesday.

Although US copper prices shot higher after the US president delivered his threat on Tuesday, the global price on the London Metal Exchange sank on Wednesday as traders bet that tariffs would ultimately hit demand for the metal.

 » Read more about: Trade war as it happened: Donald Trump sends trade letters to 8 more countries; President confirms 50% copper tariff will start August 1  »

Jensen Huang, the visionary behind NVIDIA, stands at a pivotal juncture. Fresh from steering his company to an unprecedented $4 trillion (£2.95 trillion) valuation, Huang is now set to engage with Chinese officials regarding the thorny issue of AI export restrictions.

This high-stakes dialogue comes at a moment of immense achievement and critical challenge for the tech giant.

 » Read more about: Nvidia CEO Huang to Face Chinese Officials Over AI Export Curbs Just as Company Touches $4 Trillion Milestone  »

 » Read more about: Live updates: Trump's trade war intensifies as he hits Brazil with 50% tariff  »

 » Read more about: Changing Trends In Tech Sector: What To Watch Out For?  »

The maker of Nutella and Ferrero Rocher, Ferrero, is reportedly close to finalizing a deal to acquire WK Kellogg Co. (KLG) for a roughly $3 billion dollar price tag, per the WSJ. The stock soared in after-hours trading following the report, up over 50%.

As of Wednesday’s market close,

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq waver as Nvidia milestone, Trump tariffs vie for focus  »

With tech stocks soaring and Bitcoin hitting fresh highs,

 » Read more about: Trump says Bitcoin and tech boom show US economy is back, urges Fed to cut rates  »

Gold rate today: Yellow metal’s August contracts on the MCX opened at Rs 96,548 per 10 grams on July 10.

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 » Read more about: Gold rate today: Yellow metal's prices rise; check the latest rates in your city on July 10  »

Whales with a lot of money to spend have taken a noticeably bearish stance on Vertiv Holdings. If we consider the specifics of each trade, it is accurate to state that 39% of the investors opened …

 » Read more about: Smart Money Is Betting Big In VRT Options  »

 » Read more about: 3 ETFs That Continue to Beat the S&P 500  »