Market News
Latest financial news from across the markets
Daily Market Overview
The stock market experienced a rally as investors reacted positively to Nvidia's strong earnings report and guidance, which also included an $80 billion buyback plan. Meanwhile, oil prices fell below $100 per barrel amid optimism surrounding U.S.-Iran negotiations. In the tech sector, Meta announced layoffs with CEO Mark Zuckerberg emphasizing the challenges of the AI era, while Airbnb revealed plans to expand its services to include hotels and car rentals. On the economic front, the Federal Reserve indicated potential rate hikes if inflation remains high, adding to market volatility.
Latest Market Updates
| Title | Published |
|---|---|
Intuit plans to cut workforce by about 17% as company reckons with slowing growth Intuit plans to cut workforce by about 17% as company reckons with slowing growth | less than a minute ago |
Stocks making the biggest moves after hours: Nvidia, Intuit, E.l.f. Beauty and more Stocks making the biggest moves after hours: Nvidia, Intuit, E.l.f. Beauty and more | 3 minutes ago |
SpaceX live updates: IPO filing sets stage for record offering SpaceX live updates: IPO filing sets stage for record offering | 5 minutes ago |
Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority says Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority says | 14 minutes ago |
E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering' E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering' | 24 minutes ago |
Mamdani fires back at Bezos over Queens teacher tax remark Mamdani fires back at Bezos over Queens teacher tax remark | 30 minutes ago |
Bezos defends billionaires, hypes AI, talks tax, praises Trump in CNBC interview Bezos defends billionaires, hypes AI, talks tax, praises Trump in CNBC interview | 37 minutes ago |
Intuit plans to cut workforce by about 17% as company reckons with slowing growth
Intuit plans to cut workforce by about 17% as company reckons with slowing growth
Stocks making the biggest moves after hours: Nvidia, Intuit, E.l.f. Beauty and more
Stocks making the biggest moves after hours: Nvidia, Intuit, E.l.f. Beauty and more
SpaceX live updates: IPO filing sets stage for record offering
SpaceX live updates: IPO filing sets stage for record offering
Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority says
Sinkhole shuts runway at LaGuardia Airport, delaying flights, Port Authority says
E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering'
E.l.f. Beauty to walk back some tariff price increases amid high gas prices and consumer 'suffering'
Mamdani fires back at Bezos over Queens teacher tax remark
Mamdani fires back at Bezos over Queens teacher tax remark
Bezos defends billionaires, hypes AI, talks tax, praises Trump in CNBC interview
Bezos defends billionaires, hypes AI, talks tax, praises Trump in CNBC interview