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

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