A wave of selling pressure swept through technology and ad-tech stocks Thursday afternoon, as investor concerns over AI-driven market disruption sparked a broad sector decline.
A wave of investor anxiety over artificial intelligence's disruptive potential sparked a broad market sell-off Thursday afternoon, dragging down technology shares across the board. The S&P 500 Information Technology sector fell nearly 3%, with the 'Magnificent Seven' stocks all in the red as traders executed a 'basket-style' retreat from the sector.
Amid market volatility, these established financial giants offer not just reliable income but a history of consistent dividend growth, backed by formidable competitive advantages.
With the 2025 tax filing season now underway, millions of Americans are eager to know when their refunds will arrive. While most electronic filers can expect funds within three weeks, experts warn that staffing shortages and complex credits could create hurdles for some.
In a massive overnight assault, Russia fired over 70 missiles and 450 drones at Ukrainian energy infrastructure, injuring civilians, just one day before diplomatic negotiations were set to resume in Abu Dhabi.
In a candid podcast interview, Melinda French Gates addresses the newly unsealed Jeffrey Epstein documents, describing profound personal pain over claims her ex-husband sought to secretly medicate her. Bill Gates has vehemently denied the allegations, which stem from draft emails written by Epstein.
As the RBA's policy shift looms, a select group of ASX-listed growth companies are drawing investor attention not just for their prospects, but for the significant stakes held by their own executives and directors.
As the Australian market braces for an RBA rate decision, a select group of technology and biotech firms are charting distinct paths, balancing innovation investment against shifting economic tides. We examine the prospects for Cogstate, Clinuvel Pharmaceuticals, and PYC Therapeutics.
While the Australian market navigates short-term fluctuations, a deeper look reveals select companies with strong fundamentals and significant growth potential. We analyze three such 'undiscovered gems' that could offer compelling opportunities for discerning investors.
On his second day as CEO, Michael Fiddelke, the third Iowan to lead the retail giant, visited Target's new prototype store in Waukee. The visit comes as the company navigates slowing sales and public pressure on social issues.
Apple's recent iPhone revenue surge appears driven less by flashy AI features and more by a long-awaited, hardware-driven upgrade cycle, offering investors a more stable growth narrative.
With the S&P 500 hovering near all-time highs, Piper Sandler identifies four critical market backstops sustaining lofty valuations. Analysts warn that a reversal in any of these trends could jeopardize the bull run.
As the AI arms race fuels unprecedented demand for computing power, Taiwan Semiconductor Manufacturing Company emerges as a critical, albeit often overlooked, beneficiary. Its role as the world's primary advanced chipmaker offers investors a unique conduit to the trend, amidst both soaring growth projections and persistent geopolitical considerations.
In an exclusive interview, Disney Board Chair James Gorman details the rigorous, leak-free process to select Josh D'Amaro as Bob Iger's successor, revealing how the board navigated an 'embarrassment of riches' in the C-suite.
The Ontario Court of Justice has ordered Estée Lauder to pay a significant penalty and placed the company on an environmental offenders list after it failed to disclose and later continued selling eyeliners containing regulated PFAS compounds.
PayPal Holdings Inc. announces a significant leadership transition, appointing Enrique Lores as its new Chief Executive Officer and David Dorman as Independent Board Chairman, aiming to navigate a rapidly evolving digital payments landscape.
PepsiCo announces strategic price reductions on key snack brands, including Lay's, Doritos, and Cheetos, responding to sustained consumer pushback against years of inflation-driven hikes.
The energy technology giant is significantly scaling up its manufacturing and R&D footprint across Charlotte, Raleigh, and Winston-Salem, citing surging demand from data centers and industrial electrification.
Wall Street's consensus fair value estimate for ONEOK (OKE) has dipped slightly, reflecting a more cautious 'wait-and-see' approach among analysts. While some see underlying support for the current stock price, the overall narrative is shifting towards a balanced assessment of execution risks and dividend sustainability.
Meta Platforms' latest earnings reveal a staggering $115-135 billion AI infrastructure investment plan for 2026, alongside a $36.57 billion stock shelf registration. The move intensifies the debate on whether massive spending will fortify its ad empire or strain its financials amid growing regulatory pressures.
