RES

Wall Street Gains on AI Earnings and Rate-Hold Hopes

by

Wall Street indexes rose on Wednesday, driven by the Nasdaq outperforming its peers as upbeat earnings from artificial intelligence infrastructure firms boosted technology stocks, while largely in-line inflation data reinforced market bets that the U.S. Federal Reserve will hold interest rates steady, according to Reuters reporting. AI Infrastructure Earnings Drive Nasdaq Gains The Nasdaq Composite … Read more

Treasury Wine Takes $395M Charge to Overhaul US Supply Chain

by

Treasury Wine Estates Faces A$558.4 Million Charge Amid U.S. Operational Pivot Treasury Wine Estates (TWE.AX) expects to record an additional A$558.4 million ($394.5 million) post-tax charge in 2026, stemming from a strategic review of its Americas business. According to Reuters, this write-down targets U.S.-based assets and brands, following a June announcement that identified excess supply-chain … Read more

© 2026 Newsy Today. All rights reserved.


For contact, advertising, copyright, issues email: [email protected]

For contact, advertising, copyright, issues email: [email protected]