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

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

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