Stock Market News

Amazon makes a major move in the satellite race

Amazon is making a far more aggressive push into space-based communications with its planned acquisition of Globalstar, a deal that would strengthen its position in one of the most strategically important technology

Meta is testing how far an AI CEO can go

Meta is reportedly building an artificial intelligence version of Mark Zuckerberg, turning

Goldman treats Anthropic’s Mythos as a real cyber threat

Goldman Sachs is signaling that the newest generation of artificial intelligence models

Software stocks bounce, but fear still lingers

Software shares surged as investors rushed back into one of the market’s

SpaceX IPO may expose a deeper investor risk

SpaceX’s expected stock market debut is already being framed around its size,

Markets

Ceasefire sparks broad rally across Wall Street

Wall Street staged a powerful rebound as investors responded to the U.S.-Iran ceasefire with a sharp shift back into risk assets. The rally was broad, but the biggest winners were the sectors

Bond Markets Reel as War Fuels Inflation Fears

Global government bond markets are heading toward their steepest monthly decline in years as investors reassess the economic fallout from the war involving Iran, the United States, and Israel. The conflict, now

Wall Street Sinks as Inflation Fears Reignite

Fed caution and hot producer prices hit investor sentiment US stocks retreated sharply on Wednesday as a fresh inflation signal from the wholesale economy and a cautious message from the Federal Reserve

Stocks rebound as oil eases and U.S. data improves

Wall Street claws back losses after two volatile sessions U.S. stocks moved higher Wednesday after two days of sharp swings, helped by a pullback in oil prices and economic reports that suggested

AI Fears Extend Slide in U.S. Software Stocks

Investors reprice disruption risk across the sector U.S. software stocks declined again on Wednesday as investors reassessed whether rapid advances in artificial intelligence could erode the foundations of the enterprise software industry.

Finance

Trump files $5bn lawsuit against JPMorgan and Dimon

Lawsuit alleges political debanking U.S. President Donald Trump on Thursday filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of unlawfully closing several of

Natural gas prices jump as Arctic cold grips the U.S.

Energy markets react to extreme winter forecast Natural gas prices surged sharply on Wednesday as forecasts pointed to an intense

UK court backs regulator on cross-border card fee caps

Payments firms lose challenge against UK watchdog Mastercard, Visa and British fintech Revolut have lost a legal challenge against Britain’s

U.S. Holiday Retail Sales Rise as Shoppers Seek Deals

Spending grows despite tighter household budgets U.S. retail sales have climbed by roughly 4% so far this holiday season, reflecting

RBC boosts dividend as record results fuel global ambitions

Strong earnings power a higher payout for shareholders Royal Bank of Canada reported a record fourth quarter, prompting its board

Investing

Burry revives the debate around Palantir

Michael Burry has once again inserted himself into one of the market’s most heated technology debates, this time by arguing that Anthropic is overtaking Palantir in the race for enterprise AI relevance.

Tech stocks roar back on Iran ceasefire relief

U.S. stocks surged on Wednesday after President Donald Trump announced a two-week ceasefire with Iran, triggering a sharp relief rally across Wall Street and giving badly beaten technology shares a powerful rebound.

SpaceX Targets Retail Investors in Record IPO Push

SpaceX is preparing one of the most closely watched public offerings in market history with a strategy that could make retail investors a far bigger part of the deal than is typical

JPMorgan Doubles Down on Tesla Warning

JPMorgan is urging investors to be far more skeptical about Tesla’s valuation, arguing that the stock market is pricing in a future turnaround so large and so distant that it may be

Microsoft Sparks Rally With Japan AI Push

Shares of Sakura Internet jumped sharply after Microsoft said it has begun discussions with the Japanese cloud company and SoftBank to help build artificial intelligence infrastructure in Japan. The announcement gave investors

Business

Trump’s Drug Tariffs Reshape Pharma Pressure

President Donald Trump has moved to intensify pressure on the pharmaceutical industry by ordering 100% tariffs on branded drugs imported into the United States

McCormick Strikes $45 Billion Unilever Foods Deal

McCormick has agreed to buy most of Unilever’s food business in a

JetBlue Raises Bag Fees as Fuel Costs Jump

JetBlue Airways is increasing checked baggage fees as fuel prices surge in

Netflix Lifts Prices Across All Plans

Streaming leader raises monthly rates again Netflix has increased prices across its

Meta layoffs clash with massive exec pay plan

Job cuts and billion-dollar incentives highlight a company in transition toward artificial

Meta faces legal blows as pressure builds

Two courtroom defeats deepen scrutiny of the company’s platforms just as investors

Amex adds ChatGPT credit to business cards

New perk could be useful, but only for firms already paying for

Technology

Meta’s new AI model now faces a harder test

Meta has finally shown the first major product from its new artificial intelligence era, unveiling Muse Spark after months of aggressive hiring, massive spending and growing questions from investors. The release is

Intel gets a lift from Musk’s Terafab partnership

Chipmaker joins a high-profile project in Texas Intel has secured a new

OpenAI Pushes Policy Debate Beyond the Lab

OpenAI has moved further into public policy by publishing a broad set

Microsoft Expands AI Push With New Multimodal Models

Microsoft has unveiled three new foundational artificial intelligence models designed to generate

OpenAI Makes Surprise Move Into Tech Media

OpenAI has bought TBPN, an online technology talk show that built a

Personal Finance

California Gas Hits $5.20 as Iran War Bites

Prices Jump Faster in the Golden State Gasoline prices in California have climbed sharply since the conflict involving Iran intensified, widening the gap between the state and the national average, according to

Black Friday spending hits records but raises questions

Record sales mask mixed fundamentals Fresh data from Thanksgiving weekend shows American consumers spent at record levels, but analysts say the increase was driven more by inflation than excitement. Adobe Analytics reported

Do You Need a Robo-Advisor or a Human Advisor?

Robo-advisors: Efficient, affordable, and beginner-friendly Robo-advisors are automated digital platforms that build and manage investment portfolios based on your preferences and risk tolerance. According to Investor.gov, they offer a low-cost solution for

The 4% Rule: Still Relevant for Retirees?

How a Simple Formula Was Born In the early 1990s, financial planner William Bengen developed what is now known as the 4% withdrawal rule. He published his research in 1994, offering a

Why 401(k) savers are struggling in 2025

Inflation disrupts retirement planning More than half of American workers say inflation is the main reason they are struggling to build a retirement fund. According to Schwab’s 2025 survey, 57 percent of

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