stocks
Nasdaq plunges as consumer sentiment nears historic lows, panic over AI spending mounts
The tech-heavy Nasdaq dropped 1.2% Friday, poised for a 4.5% weekly loss – its worst drop since President Trump’s April tariffs launched a massive sell-off.
Fan-favorite eatery abruptly shutters 21 restaurants in sweeping overhaul
Tampa-based operator Bloomin' Brands said in an earnings filing Thursday that the closures mark the start of a "comprehensive turnaround strategy."
Elon Musk's future at Tesla in balance as shareholders consider $1 trillion pay package
Elon Musk’s future at Tesla could be in the balance on Thursday when Tesla shareholders vote on whether to approve his record-shattering $1 trillion pay package.
Dow slides 250 points as Goldman Sachs, Morgan Stanley CEOs share warning after AI boom
Concerns are mounting that the bullish stock market is due for a downturn, especially if AI stocks have been overvalued.
Amazon shares soar 11% on strong cloud growth, easing investor fears over AI spending
Revenue in its cloud unit jumped 20.2% in the most recent quarter – beating Wall Street estimates of 18.1%.
Meta, Microsoft shares plunge as investors fear AI spending is overhyped
Fears that artificial intelligence investments have been overhyped sent the tech-heavy Nasdaq down 1.2% by approximately 2:45 p.m. ET.
Chipotle shares tank 15% after burrito chain slashes sales forecast, store visits drop
CEO Scott Boatwright warned the chain is struggling to hold onto its customers amid "persistent macroeconomic pressures.”
Fiserve shares tank 40% after 'shockingly bad' earnings as new CEO shakes up leadership, yanks forecasts
The disappointing earnings highlight growing pressure on the fintech's core payments and merchant business, which has struggled to maintain momentum amid fierce competition and a slowdown in consumer spending.
Nvidia becomes first $5T company powered by AI frenzy: Here's how much CEO Jensen Huang is worth
The milestone underscores the company's swift transformation from a niche graphics-chip designer into the backbone of the global AI industry, turning Jensen Huang into a Silicon Valley icon.
Dow, Nasdaq, S&P 500 close at all-time highs again on strong round of corporate earnings
About one-third of S&P 500 companies have reported their earnings so far this quarter – and 83% of those firms have surpassed Wall Street estimates, according to FactSet.
Apple tops $4T market value milestone for first time as shares surge on new iPhones
Apple's shares have gained about 13% since the new launches on Sept. 9, in a remarkable turnaround that pushed the stock into positive territory for the first time this year.
Berkshire Hathaway stock gets rare downgrade — here is of the the conglomerate's major concerns
Berkshire Class A shares had lagged the S&P 500 by more than 28 percentage points since Buffett announced the management change on May 3.
Beyond Meat shares skyrocket over 90% on Walmart plans to expand distribution
More than 1.2 billion Beyond Meat shares changed hands on Tuesday, giving the company a market value of about $1.5 billion.
Gold could top $5K in a year, double that by 2030: mining exec
Spot gold has been soaring upward this year, surpassing $4,000 an ounce this week for a new record price.
Ferrari shares drop at worst possible time for luxury carmaker
The luxury automaker is scaling back its EV ambitions.
Gold tops $4K for first time as investors flee inflation, global turmoil
Prices have soared more than 50% this year, fueled by fears of a prolonged funding crisis in Washington.
FICO shares surge on plan that would license credit scores directly to mortgage resellers
FICO score, created by Fair Isaac, is a US credit scoring system used by nearly 90% of lenders to evaluate a borrower's creditworthiness.
Some progressive lawmakers who push for stock bans are the real wolves of Wall Street
Socialist 'Squad' Rep. Alexandria Ocasio-Cortez (D-NY) routinely rails about congressional colleagues trading stocks -- yet nearly one in four of her progressive comrades in Congress are wolves...
Republicans, NJ gov. candidate Ciattarelli hammer Sherrill over asset gains while in Congress: ’She’s tripled her net worth’
The Republican Party’s official X account accused Sherrill of having “raked in over $7 MILLION from stock trades while in Congress.”
Here are 4 big worries plaguing investors — as stocks hit all-time highs
Let’s try and sort out which are worth our time – and, of course, our money.