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Latest financial news from across the markets
Daily Market Overview
The stock market faced significant turbulence, driven by a mix of corporate layoffs and rising oil prices amid geopolitical tensions. Notably, Block announced plans to cut nearly half its workforce, raising concerns about AI's impact on jobs, while eBay also laid off around 800 employees. Meanwhile, oil prices surged on worries over delays in U.S.-Iran nuclear negotiations. In earnings news, Dell reported strong results, boosting its stock, while Nvidia's shares fell despite a record earnings beat, reflecting broader market anxieties regarding tech valuations.
Latest Market Updates
| Title | Published |
|---|---|
How Amazon's massive stake in OpenAI could boost its AI and cloud businesses How Amazon's massive stake in OpenAI could boost its AI and cloud businesses | less than a minute ago |
House Democrats on Trumpâs threats to elections: âThis is a five-alarm fireâ House Democrats on Trumpâs threats to elections: âThis is a five-alarm fireâ | less than a minute ago |
WBD employees fear wave of job losses with Paramount merger WBD employees fear wave of job losses with Paramount merger | less than a minute ago |
What traders are buying and selling during rout: Dumping Nvidia, buying Apple What traders are buying and selling during rout: Dumping Nvidia, buying Apple | less than a minute ago |
Average IRS tax refund is up 10.2%, based on early filing data Average IRS tax refund is up 10.2%, based on early filing data | less than a minute ago |
Where the Morgan Stanley manager of this 5-star rated fund is investing now Where the Morgan Stanley manager of this 5-star rated fund is investing now | less than a minute ago |
There's a 'bearish-to-bullish' reversal happening in this mid-cap biotech stock, says Carter Worth There's a 'bearish-to-bullish' reversal happening in this mid-cap biotech stock, says Carter Worth | less than a minute ago |
How Amazon's massive stake in OpenAI could boost its AI and cloud businesses
How Amazon's massive stake in OpenAI could boost its AI and cloud businesses
House Democrats on Trumpâs threats to elections: âThis is a five-alarm fireâ
House Democrats on Trumpâs threats to elections: âThis is a five-alarm fireâ
WBD employees fear wave of job losses with Paramount merger
WBD employees fear wave of job losses with Paramount merger
What traders are buying and selling during rout: Dumping Nvidia, buying Apple
What traders are buying and selling during rout: Dumping Nvidia, buying Apple
Average IRS tax refund is up 10.2%, based on early filing data
Average IRS tax refund is up 10.2%, based on early filing data
Where the Morgan Stanley manager of this 5-star rated fund is investing now
Where the Morgan Stanley manager of this 5-star rated fund is investing now
There's a 'bearish-to-bullish' reversal happening in this mid-cap biotech stock, says Carter Worth
There's a 'bearish-to-bullish' reversal happening in this mid-cap biotech stock, says Carter Worth