High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
The inflation fears sparking Friday's selloff propelled the 2-year Treasury yield to its level since Feb. 2025. The 2-year note settled at 4.160%, while the 10-year Treasury yield rose to 4.537%. Investors dumped bonds after a hot jobs report rekindled the possibility of rate hikes this year.
(Bloomberg) -- Unswayed by strong US jobs data released Friday, economists at Citigroup Inc. are maintaining their increasingly lonely prediction that the Federal Reserve will cut interest rates three times this year.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapWhat to Expect From Apple’s AI, Siri and iOS 27 Launch at WWDCSaylor’s Bitcoi
Perpetual futures have finally arrived in the U.S. Not everyone is thrilled.
One of the most important chipmakers on the planet could be squeezing its customers right now, as the AI shortage gives it every excuse. But its CEO said he won’t. Taiwan Semiconductor Manufacturing (CSMC) Chief Executive Officer, C.C. Wei, used the company’s annual shareholder meeting in Hsinchu, ...
Friday’s carnage in tech stocks shows just how fragile this year’s rally has become. Then came an unexpectedly good jobs report for May. A healthier labor market could lead the Federal Reserve to keep interest rates elevated to combat inflation. Indeed, investors on Friday were pricing in an around 50% chance that the Fed could hike in October, up from a less than 20% chance a month ago.
Transcript:Caroline WoodsJoining me now is Sonali Basak, chief investment strategist at ICapital Sonali. Great to have you back. So good to have you. Sonali BasakYeah, it's good to be here. Thanks for having me today. Caroline WoodsWell happy Friday. The S&P 500 only about you know, it's down ...
US equity indexes plunged as a strong jobs report slashed the odds for interest rate cuts this year,
Data centers use water primarily for cooling their servers, which process enormous amounts of information.
Meta stock fell more than 6% Friday following a report that it will sell new stock to raise cash for its AI buildout.
The fear of higher rates slowing the debt-fueled AI buildout is battering shares in firms across the data-center supply chain. Companies ranging from construction firms to fiber-optic cable manufacturers to cooling specialists are down: Contractor Sterling Infrastructure and fiber provider Corning slid more than 10%.
By Jody Godoy and Nathan Frandino June 5 (Reuters) - California Attorney General Rob Bonta will soon decide whether to sue to block Paramount's $110 billion acquisition of Warner Bros, he told Reuters
Transportation stocks offered a rare bright spot in an otherwise bleeding market today. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, was up about 1.
SpaceX said on Friday it has entered into a multi-year cloud service agreement with Alphabet's Google for access to compute capacity. As part of the deal, Google will pay SpaceX $920 million per month from October this year to June 2029, with capacity ramping up through September at a reduced fee, Elon Musk's space venture said in a U.S. SEC filing. The compute capacity provided includes about 110,000 Nvidia GPUS, CPUS, memory and other related components.
Investing.com -- Meta Platforms (NASDAQ:META) shares fell 7% on Friday after the Financial Times reported the company is considering a major equity raise to fund its artificial intelligence infrastructure.
(Bloomberg) -- Bitcoin fell below $60,000 for the first time since October 2024, extending its reversal from market darling after the reelection of US President Donald Trump to a casualty of a rapidly changing speculative landscape.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSaylor’s Bitcoin Machine Is Misfiring on Every CylinderWhat to Expect From Apple’s AI, Siri and iOS 27 Launch at WWDC‘Sell Ind
Investing.com -- Wall Street is set to cap off this week with a decline, as rate-sensitive technology stocks and chip names fall. We have also seen rising U.S. Treasury yields after a significantly stronger-than-expected May jobs report.
It was not immediately clear which states would bring the lawsuit, Reuters reported, citing sources familiar with the matter.
The Nasdaq dropped nearly 3% after a stronger-than-expected hiring report. Strong employment data has traders bracing for a Fed rate hike.
A stronger-than-expected jobs report sent Wall Street tumbling as investors increasingly bet on rate increases from the Federal Reserve.
SpaceX begins investor marketing at $135 per share as Musk backers rally behind its long-term vision.
BitMEX co-founder and Maelstrom CIO Arthur Hayes is a veteran crypto trader who keeps sharing his analysis of the digital assets market with his followers on social media. Referring to the World token, he recently predicted that this "sh*tcoin is going to moon" because of the hype around ...
Canada's labour market surged in May, with the economy adding 87,800 jobs and the unemployment rate falling to 6.6%, well above analyst expectations and marking the strongest monthly performance since late 2024, according to Bank of America's reading of Statistics Canada's latest Labour Force...
Super Micro Slides as Rising Yields Shake High-Growth Tech Stocks
U.S. President Donald Trump on Friday told reporters that his team is looking into the idea of AI companies giving the American public a stake in their firms, adding that he planned to host a meeting with AI executives as soon as next week. "There's something very interesting about it, where it almost becomes a partnership with the American public," he told reporters.
Technology stocks tumbled sharply Friday as the Nasdaq headed for its worst week in a year. Nasdaq Inc. shed nearly 2% in afternoon trades, as Nvidia, Micron and Sandisk fell. Tech behemoths like Amazon and Google edged lower.
Meta is considering raising tens of billions of dollars in a stock offering as it seeks new sources of capital to fund the company's AI ambitions, the Financial Times reported on Friday. The report comes after Alphabet moved to raise $84.75 billion in upsized equity offerings, as Big Tech competes to build data centers and capitalize on growing demand for AI. Meta executives have been exploring "creative" ways to raise cash as it prepares to sharply boost its AI-related expenses, the FT report said, citing three people familiar with the plans.
The selling in computer-chip and hardware manufacturers is getting ugly this afternoon after Broadcom's forecast disappointed late Wednesday. Higher bond yields, which decrease the value Wall Street assigns to companies projecting high profits far into the future, aren't helping either.
Owning a stake in SpaceX prior to its IPO is actually easier than you think if you buy shares of the ERShares Private-Public Crossover ETF (XOVR).
Last year, many of the headlines about Tesla coming out of Europe weren't positive. The company was losing market share in a number of European countries where it had traditionally performed well, as the influx of cheaper Chinese alternatives and CEO Elon Musk's foray into politics eroded his ...
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
