Stock Market News

Nvidia Beats Estimates But Stock Falls

Strong Results Fail To Lift Shares Nvidia reported fiscal first-quarter results after the closing bell, beating Wall Street expectations on both earnings and revenue. The chipmaker posted adjusted earnings per share of

SpaceX Reveals IPO Plans

A Rare Look Inside Musk’s Space Empire SpaceX unveiled its long-awaited plans

SEC Proposes Major IPO Rule Overhaul

A Push To Bring More Companies Public The Securities and Exchange Commission

Schlitz Beer Retired After 177 Years

A Milwaukee Icon Reaches Its End Schlitz beer, one of Milwaukee’s most

Meta Layoffs Deepen AI Workforce Anxiety

A Different Tone From Zuckerberg Meta is preparing another major round of

Markets

AI Stocks Stall Wall Street’s Record Run

Technology Pullback Hits Major Indexes A sudden retreat in technology shares interrupted Wall Street’s record-setting momentum on Tuesday. The S&P 500 slipped 0.2% from the all-time high reached the previous day, while

US Stocks Ease After Record Highs

Markets Pull Back From Early Peaks US stocks edged lower on Thursday after the S&P 500 and Nasdaq touched fresh record highs earlier in the session. The early rally was supported by

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

Finance

Trump Accounts May Accept Stock Gifts

A Potential Expansion Of The Program The Trump administration is weighing whether to allow stock donations to Trump Accounts for American children, a move that would expand the program beyond its current

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

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

Investing

AI Orchestration Lifts Chip Stocks

A New Phase Of The AI Trade Chipmaker stocks have surged over the past month as investors reassess which companies may benefit from the next stage of artificial intelligence infrastructure. Micron has

Versant Rises After First Standalone Results

A First Report After The Comcast Split Versant Media Group reported its latest quarterly results on Thursday, marking its first earnings update as a stand-alone company after separating from Comcast’s NBCUniversal and

Intel Rallies On Reported Apple Chip Deal

A Potential Boost For Intel Foundry Intel shares surged after a report said the company has reached a preliminary deal to manufacture some chips for Apple devices. The agreement, if finalized, would

McDonald’s Beats As Value Demand Rises

Results Top Wall Street Forecasts McDonald’s reported stronger than expected first quarter earnings as consumers continued to seek value in a more difficult economic environment. The fast food giant posted adjusted earnings

Alphabet Rises On Cloud And AI Strength

Results Beat Wall Street Expectations Alphabet shares rose more than 3% after the Google parent reported first quarter results that beat analyst expectations on both revenue and earnings. The performance was supported

Business

Allegiant Closes Sun Country Deal

A New Low-Cost Airline Group Takes Shape Allegiant Travel Co. has completed its acquisition of Sun Country Airlines, creating a larger leisure-focused airline group

GM Cuts IT Jobs As AI Reshapes Workforce

Layoffs Hit Technology Teams General Motors laid off about 500 to 600

Disney Rises As New CEO Outlines Strategy

D’Amaro Sets A Clear Direction Walt Disney shares rose nearly 8% in

Spirit Shutdown Empties LaGuardia Terminal

A Sudden Collapse Hits Terminal A The abrupt shutdown of Spirit Airlines

Sony Settlement Opens For PlayStation Users

A $7.85 Million Deal Moves Forward Some PlayStation customers in the United

Pickleball Inc. Raises $225 Million

A Record Investment For A Fast Growing Sport Pickleball Inc., the new

Meta Links Layoffs To Rising AI Spending

Zuckerberg Addresses Workforce Cuts Meta Chief Executive Mark Zuckerberg told employees that

Technology

Meta Launches Instants For Photo Sharing

A New Push Into Ephemeral Sharing Meta has launched Instants, a new iPhone app and Instagram feature built around spontaneous photo sharing. The product is designed for casual, unfiltered images that disappear

AI Hacking Becomes Industrial Threat

Google Warns Of A Rapid Escalation AI-powered hacking has moved from an

GTA 6 Pricing Boosts Take-Two Outlook

BofA Sees An $80 Price Point Bank of America returned from the

China Blocks Meta’s AI Deal

Beijing Tightens Control Over Tech Capital China has blocked Meta’s planned 2

AI Layoffs Are No Longer A Future Threat

The latest wave of cuts at major technology companies is reinforcing 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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