A disappointing earnings report from industry bellwether Gartner triggered a sharp selloff across the IT services and consulting sector on Thursday, dragging down shares of major players and fueling concerns over a broader growth slowdown.
Russia is accelerating its digital currency ambitions, with the Moscow Metro's expansion serving as a flagship project for the digital ruble. The CBDC, set for nationwide rollout in September, is being positioned as a tool for transparency and efficiency in public contracts.
The U.S. dollar faced downward pressure on Tuesday, weighed down by a resurgent Chinese yuan and lingering fiscal uncertainties. This weakness, coupled with persistent safe-haven demand, ignited a powerful surge in gold and silver prices, marking a sharp reversal from recent losses.
QuinStreet (QNST) shares tumbled nearly 8% in morning trading, caught in a broader sell-off triggered by Gartner's disappointing Q4 results. The advisory giant's revenue decline has intensified market concerns over a potential slowdown in IT services and consulting, with uncertainty around AI's disruptive impact adding to the pressure.
The global private markets investment firm reported robust growth across assets under management and fee-related earnings, while detailing the closing of a major strategic partnership and continued momentum in its semi-liquid Evergreen funds.
A recent update to the financial model for Community Healthcare Trust (NYSE: CHCT) has resulted in a higher fair value estimate, signaling growing confidence in the healthcare REIT's cash flow stability amid a challenging sector landscape.
Interactive Brokers Group's strong January 2026 metrics, showing robust growth in trading activity, client accounts, and equity, have reignited discussions on whether its market valuation can sustain its impressive long-term performance trajectory.
Pfizer reported stronger-than-expected fourth-quarter earnings, defying analyst predictions even as revenue from its COVID-19 portfolio plummeted. The pharmaceutical giant's non-COVID products showed robust growth, signaling a strategic shift.
The Atlassian-backed Williams Racing Formula 1 team has entered a multi-year partnership with AI firm Anthropic, integrating its Claude AI system into race tactics, car development, and team operations. The deal underscores a push into practical AI applications in elite sports, even as parent company Atlassian grapples with a significant stock decline.
The benchmark diesel price, a key component in fuel surcharges, has risen for the third week in a row. However, a significant shift in futures contracts suggests the recent rally may be losing steam, even as analysts debate underlying structural strength in the market.
Netflix shares have tumbled 24% over the past three months, reigniting the perennial debate on Wall Street: is the recent weakness a buying opportunity or a sign of deeper challenges? Analysts are divided as the company grapples with content costs and international hurdles.
Backed by top-tier VCs, Lotus Health launches an AI-driven primary care service licensed across the U.S., promising free, 24/7 access while navigating complex healthcare regulations with human oversight.
German shipping giant Hapag-Lloyd, in partnership with Maersk, is set to resume select services through the Red Sea and Suez Canal from mid-February, marking a tentative return to the vital shipping lane after a prolonged diversion due to Houthi attacks. The move, part of their new 'Gemini Cooperation,' will see vessels sail under naval protection.
Soaring child care expenses, now consuming an average of 20% of household income, are compelling parents to deplete savings, delay major purchases, and reconsider career paths, with broader implications for the economy.
Oracle is preparing a massive capital raise of up to $50 billion to fuel its AI and cloud infrastructure expansion, alongside potential large-scale job cuts and a strategic review of its Cerner healthcare unit, marking a pivotal moment in its competition with cloud giants.
Moderna's fair value estimate has been revised upward by analysts, reflecting a cautiously optimistic reassessment of its long-term revenue potential amid evolving views on its drug pipeline and commercial execution.
U.S. authorities are probing whether cryptocurrency exchanges have become a multi-billion-dollar backchannel for Iran to bypass international sanctions, as digital asset usage surges amid the country's economic isolation and currency crisis.
The release of Anthropic's new Claude plugin for legal document review and compliance tracking has triggered a sharp sell-off in key legal software and publishing stocks, underscoring investor anxiety over AI's disruptive potential in the professional services sector.
Elon Musk has reaffirmed plans for a SpaceX mission to place a Dogecoin token on the moon, sparking renewed interest in the meme cryptocurrency ahead of the company's anticipated public offering.
In a move that could redefine the economics of artificial intelligence, Elon Musk has consolidated his rocket and AI ventures. The newly merged entity, targeting a historic public offering, bets that solar-powered orbital data centers will slash AI compute costs within years, even as it navigates regulatory and ethical scrutiny.
