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Another sharp chip stock drop sent the Nasdaq tumbling for a fifth day in a row. The Dow fell 56 points, or 0.1%. The S&P 500 was down 0.1%. The Nasdaq was down 0.2%. The S&P and Nasdaq each fell every day this week.
Chicago authorities have filed a lawsuit against Airbnb, alleging the company facilitated illegal short term rentals in the city. The case focuses on compliance with local regulations in a major U.S. urban market that is important for Airbnb’s global platform. The legal action raises fresh questions around how NasdaqGS:ABNB manages city level rules and relationships with regulators. Airbnb runs a global marketplace that connects guests with hosts offering short term stays, often in...
Microsoft (NASDAQ:MSFT) stock is rebounding sharply Friday afternoon, with shares up 5% to $371 as the broader memory and semiconductor tape stabilizes. The bounce offers a rare bright spot in what has been a punishing stretch for one of the market’s most widely held names. The recovery comes against a brutal backdrop as MSFT stock ... Microsoft Has Fallen 25% This Year: What Could Push MSFT Back to $500?
Millions of YouTube TV and DirecTV Stream subscribers may be eligible for a payout from Disney’s $50 million settlement.
The company's acquisition announcement weighed on the stock today.
Cryptocurrencies tied to decentralized artificial intelligence sold off on June 26 as reports surfaced that OpenAI is leaning toward delaying its initial public offering (IPO). As per The New York Times, the maker of ChatGPT is reportedly planning to hold off until next year. People ...
Worries over Strategy and interest rates have pressured crypto, but Bitwise’s Matt Hougan argues the shakeout is setting up a new rally.
Following the footsteps of major cryptocurrency companies like Block (NYSE: XYZ), Ethereum Foundation, Coinbase Global (Nasdaq: COIN), and MARA Holdings (Nasdaq: MARA), another firm has decided to fire staff. Launched in 2011, BitGo Holdings (NYSE: BTGO) is a crypto ...
Goldman and Morgan Stanley could lose near-term catalyst.
South Korean chip stocks tumbled over 10% as Apple pricing and AI concerns rattled investors.
Investors react to sweeping MacBook and iPad price hikes.
Apple (NASDAQ:AAPL) shareholders woke up Thursday to find that the most valuable company in the world had been undone by something the size of a Tic Tac. A memory chip. Specifically, the DRAM and NAND modules tucked inside every Mac, iPad, and Vision Pro on the shelf. Shares fell as much as 6.6% after Apple ... Apple Stock Just Dropped 6.6%, and One Tiny, Boring Chip Is to Blame
Netflix Falls Further as Brutal Downtrend Reaches Four-Year Extreme
Shares of FuelCell Energy (NASDAQ:FCEL) are up 24% to $24.45 in midday trading Friday, while Bloom Energy (NYSE:BE) stock is down 13% to $268.65. It’s a rare same-session split for two fuel cell peers that typically trade together on AI data center power sentiment. The FuelCell Energy catalyst is concrete: a marquee data center power ... FuelCell Energy Rockets 24%, Bloom Energy Tumbles 14% in a Stunning Fuel Cell Divergence
Scott Melker discusses rumors surrounding Saylor's Strategy, the brutal crypto week that took place, Kraken, bitcoin, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Regarded as defensive investments, consumer staples stocks are generally safe bets in choppy markets. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently. Over the past six months, the industry has recorded a loss of 2.4%, disappointing since the S&P 500 climbed 6.2%.
Three Electron launches for PolSIR and TSIS-2 join Aspera and LOXSAT on an expanding government launch schedule
The right investment is more important than ever if a downturn is looming.
The FTSE 100 closed down 21.87 points, or 0.2%, at 10,508.02.
What happens when a thinly traded crypto with concentrated ownership hits a rough patch? MemeCore investors found out the hard way this week.
MSI adds Interpreter Agent and live 911 audio to Assist AI, helping dispatchers and responders communicate faster and gain real-time context.
ASTS has fallen more than 45% from its May 28 all-time high despite successfully deploying BlueBird satellites 8, 9, and 10, as insider selling, analyst downgrades, and capital concerns weigh on shares.
Jeremy Grantham, the co-founder and long-term investment strategist at GMO Asset Management, returned to CNBC Squawk Box with one of the bleakest market calls of his career. Grantham, who says GMO manages roughly $85 billion, called this “the most expensive market in American history” and warned that a reversion to trend would be closer to ... Jeremy Grantham Warns U.S. Stocks Could Plunge 70% in the Most Expensive Market in History
UBS Says June Quarter Upside Looks Less Likely
Trump’s children have been buying and selling stock on his behalf while he’s in office, posing a legal quagmire.
The AI boom promised to create a new generation of market winners. Instead, it has also exposed just how quickly expectations can outrun reality. After years of paying premium valuations for anything tied to artificial intelligence, investors are now demanding stronger earnings, disciplined spending, and proof that massive AI investments will generate real returns. The ... The AI Selloff Is Getting Brutal: 10 Tech Giants Already Deep in Bear Market Territory
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