A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental‑health crisis, according to records seen by Reuters on Friday. Meta agreed to pay the most at $9 million in the bellwether case for school districts, according to documents that reveal financial terms for the first time as terms of the deals had not been disclosed in court. The operator of Instagram, Facebook and WhatsApp settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following settlements by co-defendants Snap Inc, YouTube parent Alphabet and TikTok parent ByteDance.
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Alphabet is a major SpaceX shareholder.
Investing.com -- The U.S. has launched a new trade investigation into Vietnam’s handling of intellectual property rights, potentially paving the way for additional tariffs on Vietnamese imports, Bloomberg reported on Friday.
Broadcom is set to be the final semiconductor giant to report earnings for the quarter, as a historic rally in chipmaker stocks shows little signs of abating. Investors will also watch next Friday’s jobs report—one of the first major economic indicators that will inform the Federal Reserve under its new chairman, Kevin Warsh.
Berkshire Hathaway has nearly $400 billion in cash, but that's no longer just dead money.
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Find insight on Blue Owl, private credit, major cryptocurrencies and more in the latest Market Talks covering financial services.
For more than a year, some investors have been dreaming about getting into SpaceX, OpenAI, and Anthropic and making overnight fortunes. Now, that opportunity may finally be arriving. But according to master trader Jonathan Rose, these prospective IPO buyers need to be very careful. In today’s Friday Digest takeover, Jonathan breaks down what happened after the highly anticipated Figma IPO – a stock that soared out of the gate before collapsing more than 80% from its peak. The issue wasn’t the co
Morgan Stanley (NYSE: MS) disclosed major crypto-related holding in its SEC 13F filing for Q1 2026. It revealed exposure to Bitcoin (BTC), Solana (SOL), XRP and other digital asset-linked equities. The filing shows the Wall Street giant significantly increased its institutional crypto ...
The two banks could reportedly join Goldman Sachs and Morgan Stanley, though no final decision has been made.
A sharp drop in oil prices propelled stocks to fresh records, buoyed by investor optimism over a possible peace deal between the U.S. and Iran. Brent crude futures, the international benchmark, experienced their biggest monthly slump since March 2020 after falling 11% in the past week. West Texas Intermediate crude, the U.S. oil benchmark, fell 17% during May.
Being precise with entries and methodical with stops, helps trades become successful. Even if they're short in duration.
Memory prices for PCs, smartphones, and gaming consoles are spiking. Consumers will bear the brunt of the inflation.
Palantir shares rally as Dell reports blockbuster financials for its Q1. But should you chase the momentum in PLTR stock today?
Trulieve, Curaleaf, and Green Thumb Industries showed up on the app this week as the federal government inches toward reclassifying recreational marijuana.
(Bloomberg) -- Shipowners are increasingly optimistic about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week with the US providing information to aid those making the journey. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at Least $1.8 TrillionUS, Iran Agree t
(Bloomberg) -- Caution has become the most expensive position on Wall Street.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermStrait of Hormuz Ship Transits Are Rising Thanks to Help From USCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekSpaceX Said to Cut IPO Value Goal to at Least $1.8 TrillionA hot inflation reading this week — sending the annual gauge to its highest in about three years —
Kalshi and Coinbase have received permission from the Commodity Futures Trading Commission to bring perpetual futures to U.S.-based investors.
Stock indexes closed higher on Wall Street, adding to the all-time highs they set a day earlier. The S&P 500 added 0.2% Friday. That was the seventh straight gain for the index.
Long-term yields remain elevated as investors bet that higher oil prices could keep the Fed on the sidelines...or force it to raise rates. The bond vigilantes have returned.
A lack of fresh news from the Fed usually drives investors out of the market.
<p>The technology sector continues to see significant investor interest as ETF inflows and filings chase after the memory chip boom and the impending SpaceX IPO. Tune in to hear what the experts think about if these trends have lasting momentum and what investors need to watch for. </p>
As a kid, my parents had strict, somewhat arbitrary rules about sugary cereal that now look a lot more like early versions of a national food debate. The government has since taken a more active role in what used to be solely parental decisions about food, and retailers like Target are responding ...
Unusual Machines stock rocketed past an entry on reports the Trump administration plans to fund deals to boost production and reduce costs.
Bank of America (NYSE:BAC) has spent 2026 grinding sideways despite a Q1 print that ranked among the strongest in the bank’s recent history. With the stock down on the year and analysts staying overwhelmingly bullish, I think the setup is now interesting enough to call. Our 24/7 Wall St. price target for Bank of America ... Bank of America Could Be a Bargain After Strong Q1 Earnings
Stocks are entering a limbo period—the gap between the end of one earnings season and the beginning of the next. They’ll need other catalysts to keep rising.
NHTSA is investigating two complaints involving possible rear toe link separation in Rivian's R1 pickups and SUVs.
Joining me on the call today are Corie Barry, our CEO; Matt Bilunas, our Chief Financial and Strategy Officer; and Jason Bonfig, our Chief Customer, Product and Fulfillment Officer. During the call today, we will be discussing both GAAP and non-GAAP financial measures. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures and an explanation of why these non-GAAP financial measures are useful can be found in this morning's earnings release, which is available on our website, investors.bestbuy.com.
The rise in youth unemployment (ages 16-24) in 2025 left some strategists worried it was a harbinger of what was to come: Artificial intelligence gobbling up swaths of the job market. The unemployment rate for workers ages 24 and under was 9.5% in April, according to the Federal Reserve Bank of St. Louis, but that figure was 10% or higher for the entire second half of 2025. Husby notes that the rise appears temporary, as it followed fiscal tightening and high economic uncertainty.
Costco says approved tariff refunds could start arriving over the following 2 to 3 months.