Market News

Latest financial news from across the markets

Daily Market Overview

The market is experiencing notable volatility, particularly in the tech sector, with Meta's stock dropping 6% as AI spending pressures hit free cash flow. Meanwhile, PepsiCo has renewed its contract with Taco Bell, contrasting KFC's recent switch to Coca-Cola. Jobless claims remain low, nearing the lowest levels since the 1960s, indicating a resilient labor market. In the broader economic landscape, oil prices have surged to a five-month high amid rising geopolitical tensions, further complicating the market outlook.

Latest Market Updates

Trump defends Ramaswamy ad with Acton's estranged mom after bipartisan criticism

Trump defends Ramaswamy ad with Acton's estranged mom after bipartisan criticism

less than a minute ago

Trump asked Musk to lift Starlink slowdown, WSJ reports

Trump asked Musk to lift Starlink slowdown, WSJ reports

less than a minute ago

Moderna shares plunge after leak of cancer vaccine data despite positive results

Moderna shares plunge after leak of cancer vaccine data despite positive results

less than a minute ago

How Elon Musk's $366 million in political spending connects to his businesses

How Elon Musk's $366 million in political spending connects to his businesses

less than a minute ago

Elon Musk invests about $1 billion in Skydance

Elon Musk invests about $1 billion in Skydance

less than a minute ago

OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investorsÂ

OpenAI nears up to $30 billion funding round at $1.25 trillion valuation led by UAE investorsÂ

6 minutes ago

Lawsuit accuses Trump of illegally profiting off foreign crypto deals

Lawsuit accuses Trump of illegally profiting off foreign crypto deals

7 minutes ago