Shares of Meta Platforms fell sharply on Friday after a report suggested the social media giant is exploring a potential multibillion-dollar stock offering to help finance its growing artificial intelligence ambitions. META shares dropped more than 5% during the session, with losses accelerating after the Financial Times reported that the company is considering raising tens
US stocks closed sharply lower on Friday as a broad selloff in semiconductor shares and a stronger-than-expected jobs report sparked concerns that the Federal Reserve could maintain a hawkish stance on interest rates. The technology-heavy Nasdaq Composite fell more than 4%, marking its largest one-day decline since the tariff-driven market turmoil of early 2025. The
Top US stock indices like the Nasdaq 100, S&P 500, and the Dow Jones are falling today, continuing a sell-off that started on Thursday. QQQ, which tracks the Nasdaq 100 Index, retreated to $708, down by 5.4% from its highest point this year. Similarly, the VOO and SPY ETFs have dropped by nearly 3% from
The Iran war is becoming a bigger problem for household finances. What began as a geopolitical shock has turned into a direct cost-of-living issue, hitting fuel, borrowing costs, investments and grocery bills at the same time. The April ceasefire was meant to cool markets, but tensions around the Strait of Hormuz and stalled negotiations have
The 2026 FIFA World Cup kicks off June 11 in North America – the “largest edition” in tournament history, with 48 teams, 104 matches, and 16 host cities spread across the US, Mexico, and Canada. The economic footprint is enormous, and for equity investors, the question isn’t whether money will be made – it’s who
As the race to build ever more powerful artificial intelligence systems accelerates, one of the industry’s leading players is urging the world to consider a possibility that until recently belonged largely to science fiction: machines improving themselves without human intervention. Anthropic, the AI company behind Claude, said on Thursday that the ability to slow the
The countdown to SpaceX’s long-awaited stock market debut is entering its final days. Sixteen years ago, Tesla went public on the stock market, and today, Elon Musk is preparing to take another company public, which is already larger, more ambitious, and arguably far more controversial from a valuation standpoint. Tesla’s IPO raised about $226 million
Pudgy Penguins (PENGU) has remained under pressure in recent trading sessions, with price action reflecting a clear risk-off mood across the meme and NFT sector. The token is currently trading around $0.006487, marking a 24-hour decline of 3.9%, with intraday movement ranging between $0.006294 and $0.006958. Despite the pullback, trading activity has stayed elevated, with
Micron stock (NASDAQ: MU) has delivered one of the most extraordinary rallies in semiconductor history, but Wall Street is becoming increasingly cautious about how much future growth is already reflected in the share price. The memory-chip maker has become one of the biggest winners of the artificial intelligence boom, with its shares up about 840%
US stock index futures were mixed on Friday as a pullback in major chipmakers weighed on sentiment before the May employment report, a key test for investors trying to judge the Federal Reserve’s next move. Technology shares came under pressure after a strong rally, while traders also weighed inflation risks linked to higher energy prices