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Worried About a Recession? Here’s Why Selling When Economists Call It is Already Too Late
24/7 Wall St.79d agobearish
Worried About a Recession? Here’s Why Selling When Economists Call It is Already Too Late

Andrew Sather of The Investing for Beginners Podcast recently made a point that should reshape how investors think about recession headlines. “When people say there’s a recession, they’re saying it 6 months after it happens. Like, that’s the literal definition of it. You have to wait 6 months,” he said on the episode Back to ... Worried About a Recession? Here’s Why Selling When Economists Call It is Already Too Late

Investing.com79d agobearish
Earnings selloff in this software stock has gone too far, Jefferies says

Investing.com -- The post-earnings share price decline for one major software name has been excessive given the limited nature of the miss, Jefferies told investors in a note Thursday, arguing that the stock's valuation has fallen to levels not seen since the 2008 global financial crisis.

Intuit shares tumble after weaker TurboTax outlook despite stronger earnings guidance (INTU)
InvestorsHub79d agobearish
Intuit shares tumble after weaker TurboTax outlook despite stronger earnings guidance (INTU)

Intuit (NASDAQ:INTU) raised its full-year guidance and delivered third-quarter results ahead of expectations as the company continued to benefit from its AI-focused platform strategy. However, the financial software group also reduced its annual revenue outlook for TurboTax and announced plans to cut 17% of its workforce as part of a broader operational restructuring programme, sending the stock down more than 13% in premarket trading on Thursday.

Bloomberg79d agobearish
Deere Keeps Outlook With Construction Boost as Farmers Struggle

(Bloomberg) -- Deere & Co. reiterated its annual profit outlook Thursday as gains in construction and forestry helped to offset a still-slumping agricultural economy.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go MainstreamUS Treasuries Rebound on Optimism for US-Iran Deal ProgressTh

Stock Futures Rise After Nvidia Earnings
Barrons.com79d agobearish
Stock Futures Rise After Nvidia Earnings

Stocks were on track to rise Thursday as investors digested strong results from artificial intelligence chip maker Nvidia and hoped for progress in the peace talks between the U.S. and Iran. The three major indexes snapped a three-session losing streak on Wednesday after President Donald Trump said the U.S. was in the final stage of negotiations with Iran to end the war in the Middle East. Moves early Thursday suggest that the market has concluded that Nvidia’s first-quarter earnings were good, but not good enough to keep the AI rally going.

Dimon Says Rates Risk Going Much Higher Even After Bond Selloff
Bloomberg79d agobearish
Dimon Says Rates Risk Going Much Higher Even After Bond Selloff

(Bloomberg) -- Jamie Dimon said interest rates may climb much higher from current levels, a warning to bond investors at a time when yields have touched multi-year highs. Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainstrea

Circular AI Boom Goes Global as Asia Windfall Funds Hyperscalers
Bloomberg79d agobearish
Circular AI Boom Goes Global as Asia Windfall Funds Hyperscalers

(Bloomberg) -- The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the AI ecosystem.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainst

Oil Edges Up After Plunging on Optimism Over US-Iran Agreement
Bloomberg79d agobearish
Oil Edges Up After Plunging on Optimism Over US-Iran Agreement

(Bloomberg) -- Oil inched higher after plummeting on Wednesday, as President Donald Trump said the US is in the “final stages” with Iran.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripIran Threatens to Retaliate Beyond Middle East If US AttacksHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranBrent neared $106 a barrel af

TurboTax parent cuts thousands of jobs ahead of earnings
TheStreet80d agobearish
TurboTax parent cuts thousands of jobs ahead of earnings

The tech industry has been a harsh place for workers this year, as major companies continue to cut jobs, while promising investors a more AI-driven future and a leaner, simpler company structure. For employees, this shift has created a continuous sense of instability. And while layoffs may have ...

Zuckerberg says he feels 'weight' of Meta layoffs
AFP80d agobearish
Zuckerberg says he feels 'weight' of Meta layoffs

Meta began laying off roughly 8,000 employees Wednesday -- about 10 percent of its global workforce -- as co-founder and Chief Executive Mark Zuckerberg pushes to redirect resources toward an ambitious artificial intelligence agenda.In a memo to staff Wednesday, posted by Business Insider, Zuckerberg expressed thanks to departing employees and sought to reassure those remaining.

Intuit Plans to Cut 17% of Workforce, But Isn’t Blaming AI
Barrons.com80d agobearish
Intuit Plans to Cut 17% of Workforce, But Isn’t Blaming AI

Intuit reported better-than-expected financial results for its crucial tax season Wednesday, while also announcing a round of layoffs. Intuit said it’s reducing its full-time workforce by 17%. According to Layoffs.fyi, a website that tracks tech layoffs, 111,173 tech employees have lost their jobs in 2026.

Citi calls Boeing selloff a 'gift,' resets stock price target
TheStreet80d agobearish
Citi calls Boeing selloff a 'gift,' resets stock price target

Boeing (BA) just had one of its worst days in months, and one major bank thinks the panic created a bargain. Most of Wall Street zeroed in on a single number: 200. That was the size of the China jet order President Trump unveiled, according to Reuters, and traders had hoped for far more. The stock ...

Exclusive-Meta CEO tells employees he does not expect more company-wide layoffs this year
Reuters80d agobearish
Exclusive-Meta CEO tells employees he does not expect more company-wide layoffs this year

Meta CEO Mark Zuckerberg told employees in an internal ‌memo on Wednesday that he does not expect more ‌company-wide layoffs this year, according to a copy of the memo ​seen by Reuters. He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10% of its workforce globally and ‌transferring 7,000 other ⁠employees to new initiatives related to AI workflows. The changes are part of a far-reaching overhaul taking place at Meta this year, as the company surges its AI investments in a bid to center AI ‌agents in both its product offerings ​and its approach to work ​internally.