Stock Market News

Meta Links Layoffs To Rising AI Spending

Zuckerberg Addresses Workforce Cuts Meta Chief Executive Mark Zuckerberg told employees that the company’s planned layoffs are linked to rising capital spending on artificial intelligence infrastructure. Speaking at a company town hall

US GDP Rebounds As Energy Risks Build

Growth Accelerates In Early 2026 US gross domestic product grew at an

Alphabet Rises On Cloud And AI Strength

Results Beat Wall Street Expectations Alphabet shares rose more than 3% after

Meta Falls As User Growth Disappoints

Shares Drop Despite Strong Revenue Growth Meta shares fell about 7% in

Oakland Airport Keeps San Francisco Name

A Bay Area Airport Dispute Ends San Francisco has settled a two

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

AI Stocks Slip As OpenAI Concerns Weigh

Markets Open With Mixed Signals Shares tied to the artificial intelligence trade moved lower on Tuesday after a report said OpenAI missed internal targets for revenue and user growth. Oracle, Nvidia and

Intel Roars Back As AI Demand Revives The Story

Intel has delivered one of the most dramatic reversals in the chip sector, with its stock surging 24% in a single session and recording its strongest daily performance since October 1987. The

Tesla Heads Into Earnings With Robotaxis In Focus

Tesla goes into its first-quarter earnings report with Wall Street focused less on what the company has just done and more on whether its long-promised future is finally taking shape. Investors want

Kailera Debut Points To New Life In Biotech Ipos

Kailera delivered an eye-catching stock market debut, offering fresh evidence that investor appetite for obesity-drug developers remains strong even after a difficult stretch for biotechnology listings. The company sold roughly 39 million

Software stocks bounce, but fear still lingers

Software shares surged as investors rushed back into one of the market’s most heavily punished sectors, using a calmer geopolitical backdrop as an excuse to buy names that had been crushed by

Business

Musk And Altman Face Trial Over OpenAI

A Silicon Valley Feud Enters Court A long running dispute between Elon Musk and Sam Altman is set to move into a California courtroom,

Spirit Rescue Plan Could Redraw Airline Competition

A possible federal rescue package for Spirit Airlines is raising far bigger

Jet Fuel Risks Could Disrupt Summer Travel Plans

Rising concern over jet fuel supplies is starting to cast a shadow

American Rejects Merger Talk With United

American Airlines came under pressure after firmly rejecting speculation about a possible

Uber Eats Turns Returns Into A Delivery Service

Uber is expanding further beyond rides and restaurant orders by turning one

Spirit Airlines Faces A New Threat As Liquidation Fears Grow

Spirit Airlines is once again confronting the possibility that its recovery may

Allbirds Abandons Shoes For An Ai Pivot

Allbirds has made one of the most dramatic strategic turns seen on

Technology

China Blocks Meta’s AI Deal

Beijing Tightens Control Over Tech Capital China has blocked Meta’s planned 2 billion dollar acquisition of Manus, an artificial intelligence startup focused on autonomous agents. The decision signals a sharper regulatory stance

AI Layoffs Are No Longer A Future Threat

The latest wave of cuts at major technology companies is reinforcing a

Meta is testing how far an AI CEO can go

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

Meta’s new AI model now faces a harder test

Meta has finally shown the first major product from its new artificial

Intel gets a lift from Musk’s Terafab partnership

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

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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