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CNBC host Jim Cramer may have called the turn before the tape confirmed it. "Be careful; smell the reversal day," he posted Tuesday morning, and by midday the AI trade was flashing red across semiconductors, server names, software and tech-heavy...
Leading cryptocurrencies such as Bitcoin (CRYPTO: $BTC) and Ethereum (CRYPTO: $ETH) ended the week in the red as th...
NVIDIA (NASDAQ: NVDA) closed its fiscal year on Feb. 25, 2026 with $68.13 billion in Q4 revenue, up 73.2% YoY. Alphabet (NASDAQ: GOOG) followed in late April with $109.90 billion in Q1 revenue and a $460 billion Cloud backlog. Both earnings reports frame the same AI build-out from opposite ends: NVIDIA sells the shovels, Alphabet ... Nvidia Sells the Shovels, Alphabet Digs the Mine: Two Paths to AI Dominance
Fears of a 2022-style inflation problem are bubbling back up, but there’s also hope for a Trump pivot on the Iran conflict.
US equity indexes slumped as continuing uncertainty over the reopening timeline for the Strait of Ho
Global stocks slumped and oil prices rose Friday with worries about sustained inflation driving up bond yields with no conclusion to the Iran war in sight."Today the catalyst is really the rally in bond yields, bond markets are under pressure as oil prices rise.
(Bloomberg) -- Government bond markets tumbled around the world, sending yields surging from Japan to the US on intensifying fears that the war-driven price shock will force central banks to raise interest rates to contain the impact.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London M
Ford shares fell after a 21% two-day surge tied to its energy storage business and possible AI hyperscaler demand.
(Bloomberg) -- Ford Motor Co.’s blistering rally screeched to a halt Friday, as a broader market selloff cooled enthusiasm over the automaker’s potential to benefit from the boom in energy demand for artificial intelligence.Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Nigerian Tycoon Femi Otedola Buys £53 Million London MansionTrum
Top cryptocurrencies fell Friday, with Bitcoin (BTC-USD) falling below the $80,000 level. The Coi
Earlier in 2026, SELLAS Life Sciences Group, Inc. reported a US$8.41 million net loss for the first quarter but narrowed its basic loss per share to US$0.05, while confirming that its pivotal Phase 3 REGAL trial in acute myeloid leukemia has reached 78 of the 80 events needed for final analysis. At the same time, SELLAS advanced its SLS009 program into an 80‑patient Phase 2 trial for newly diagnosed, high‑risk acute myeloid leukemia and secured additional funding flexibility through a...
Nano Nuclear won't be profitable before 2035. Are investors losing patience?
<body><p>STORY: Starbucks on Friday said it is cutting 300 U.S. corporate jobs as it seeks to return to what it called, "durable, profitable growth." </p><p>:: Archive</p><p>The coffee chain will close several regional offices, including locations in Atlanta, Burbank, Chicago and Dallas.</p><p>:: Starbucks Handout</p><p>It's also reviewing its international support teams, and expects more job cuts outside the U.S.</p><p>The latest round of job cuts at Starbucks - which included last year's elimination of 1,100 corporate roles - comes amid CEO Brian Niccol's turnaround strategy focused on improving customers' in-store experiences.</p><p>:: Starbucks Handout</p><p>The layoffs therefore do not affect Starbucks coffeehouses, where the company is actually investing heavily in more barista staffing.</p><p>Starbucks last month posted its strongest quarterly sales growth in more than two years, but margins have dropped sharply since late 2024.</p><p>Under an incentives plan approved last summer, top Starbucks executives could receive up to 6 million dollars each if cost-cutting targets are met by 2027. </p><p>Even as it cuts costs, Starbucks is investing 100 million dollars to expand in the Southeast, including a new support hub in Nashville that could employ up to 2,000 people over the next five years.</p></body>
Yes, York Space missed on earnings last night -- but not all the news is bad.
(Updates prices) Gold traded lower midafternoon Friday as the dollar and yields climbed on conce
The quantum computing complex is taking a sharp hit Friday afternoon, with all four major U.S.-listed pure-play names selling off in unison. IonQ (NYSE:IONQ) is down 9% intraday to roughly $52.50, while Quantum Computing Inc. (NASDAQ:QUBT) is the worst performer of the group as it’s down 9% to $10.71. D-Wave Quantum (NYSE:QBTS) is off 7% ... Quantum Computing Stock Shock: IonQ, Rigetti, D-Wave, and Quantum Computing Inc. Fall 6% to 9%
On paper, the U.S. economy might seem strong. There were 115,000 jobs added in April, beating expectations. But much of that growth came from health care and social assistance positions. Economists often view those jobs differently from gains in sectors like manufacturing, retail, and ...
In addition, GM’s partner, International Motors, is selling the plant to a Canadian defense company and sending its own truck to Mexico.
The current macro backdrop is likely benefiting the off-price retail sector as increased value-seeki
Lemonade shares slid 15.9% in 3 months. AI-driven growth, rising in-force premium and 2026 revenue outlook clash with a premium valuation.
Boeing Loses Altitude After Trump Unveils China Aircraft Agreement
Apple Slashes iPhone 17 Prices in China Ahead of Major Shopping Festival
AI Chip Leader TSMC Drops After Unexpected Share Sale Announcement
Higher oil prices could pressure consumers, inflation and investment while keeping South Africa's reform trajectory in focus.
China didn't do what it was supposed to at the Trump-Xi summit, and now semiconductor investors are worried.
PARR stock dips 13% after Q1 earnings miss estimates despite stronger refining margins and higher throughput volumes.
Microsoft (MSFT) stock is back in the spotlight after UK regulators launched a broad antitrust probe into its business software ecosystem and the company reworked its multibillion dollar AI partnership with OpenAI. See our latest analysis for Microsoft. Despite bouncing 1.04% in the last session to about US$409.43, Microsoft’s 7 day share price return is down 2.70% and its year to date share price return has fallen 13.43%, even as the company reshapes its OpenAI deal and faces fresh UK...