Market News

Latest financial news from across the markets

Daily Market Overview

Markets are experiencing notable volatility, with the Nasdaq entering correction territory as technology stocks face significant sell-offs, particularly in the AI sector. Oil prices have spiked amid rising tensions related to U.S.-Iran military actions, while retail traders are offloading stocks at a pace not seen since the COVID sell-off. Meanwhile, the Bank of England has raised interest rates for the first time in three years, and the IRS has announced new tax brackets for 2027. In the political arena, the recent midterm elections have led to a Democratic sweep, prompting discussions about potential impacts on corporate interests and economic policy.

Latest Market Updates

OpenAI will keep investing in AI data centers despite election results, CFO tells CNBC

OpenAI will keep investing in AI data centers despite election results, CFO tells CNBC

less than a minute ago

Anthropic IPO announcement odds drop on Kalshi following midterms and AI sell-off

Anthropic IPO announcement odds drop on Kalshi following midterms and AI sell-off

less than a minute ago

Dynasties or Parity? How MLB, NFL, and NBA try to find competitive balance

Dynasties or Parity? How MLB, NFL, and NBA try to find competitive balance

less than a minute ago

Watch live: Jim Cramer says an Anthropic IPO would be a cue to start buying again

Watch live: Jim Cramer says an Anthropic IPO would be a cue to start buying again

5 minutes ago

Data center double-down: Hassett says blue wave won't stop AI build-out

Data center double-down: Hassett says blue wave won't stop AI build-out

10 minutes ago

Wall Street's fear gauge may be flashing a buy sign

Wall Street's fear gauge may be flashing a buy sign

15 minutes ago

SpaceX is down big on Dem 'retribution' fears against Musk. Deutsche Bank says buy the dip

SpaceX is down big on Dem 'retribution' fears against Musk. Deutsche Bank says buy the dip

17 minutes ago