Breaking News: Markets
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Bank stocks pop after Fed releases ‘easier’ 2025 stress test, plans to make exam more predictable
Jane Fraser, CEO of Citi, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 1, 2023. …
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Strong Taco Bell sales fuel Yum Brands earnings beat
Yum Brands on Thursday reported quarterly earnings and revenue that beat Wall Street estimates, fueled by strong sales for KFC’s international restaurants…
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Nvidia drops nearly 17% as China’s cheaper AI model DeepSeek sparks global tech sell-off
Nvidia and other U.S. technology firms plunged on Monday, part of a global sell-off as Chinese startup DeepSeek sparked concerns…
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Volvo Cars weighs tariffs-led production move, warns of ‘hyper-competitiveness’ in China
Sweden’s Volvo Cars on Thursday reported a 12% rise in full-year operating income and record revenue, but warned of severe…
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Private payrolls expanded by 183,000 in January, topping expectations, ADP says
Private sector companies added more jobs than expected in January, furthering the case for a stable labor market that allows…
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BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
BlackRock said Tuesday it will acquire HPS Investment Partners for $12 billion in stock, as the world’s largest asset manager…
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10-year Treasury yield edges higher as investors await economic data, Fed speeches
The benchmark U.S. 10-year Treasury yield edged higher on Tuesday as investors await data that will offer insights about the…
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Shares of drone maker Unusual Machines soar more than 90% after Donald Trump Jr. joins advisory board
Donald Trump Jr. leaves a fundraiser for Donald Trump hosted by former “Neighbours” star Holly Valance, in London, June 12,…
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Data centers powering artificial intelligence could use more electricity than entire cities
An Amazon Web Services data center in Ashburn, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg |…
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