Tesla Inc ( TSLA ) shares climbed 3.15% to $345.14 Thursday afternoon, extending momentum from a volatile month driven by high-stakes announcements and global developments. What To Know: Investor sentiment has been buoyed in recent sessions by CEO Elon Musk's confirmation of “Colossus 2,” a massive AI supercluster powered by Tesla Megapacks and clean energy, to be built in Memphis...

03:28 PM EDT, 05/22/2025 (MT Newswires) -- Consumer stocks were mixed late Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) fractionally lower and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1.1%. In corporate news, Williams-Sonoma's ( WSM ) fiscal Q1 results came in stronger than expected, while the home goods retailer maintained its full-year outlook...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

Shares of Fannie Mae Inc. and Freddie Mac Inc. are trading higher Thursday after President Donald Trump said he is seriously considering taking the mortgage giants public. What To Know: In a Truth Social post, Trump called the government-sponsored enterprises very profitable and said the timing seems right to privatize them. He added that he would consult with top officials,...