Meta’s (META) AI Layoff Controversy Returns Weeks Before…
Meta is approaching its next earnings report with the financial cost of its May layoffs already visible and a new controversy over how far management considered taking its AI-led workforce…
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Category: Stock
Scattered gains for the euro after the ECB hikes as…
The European Central Bank (ECB) hiked its main refinancing rate to 2.65% on 10 September as widely expected, citing inflation above target. The euro made generally modest gains against most…
Why Nvidia stock is down over 2% on Thursday
Nvidia (NVDA) stock fell more than 2% on Thursday, putting the shares on track to extend a two-day losing streak. The move comes as higher oil prices and rising Treasury…
Pinterest stock crashes below key price: Is it a bargain or a value trap?
Pinterest stock has sold off sharply over the past few months and now sits at its lowest level since May 21. PINS fell to $18.28, down 60% from its 2024…
Intel (INTC) Could Cut Another 10% of Staff Weeks Before…
Intel could reduce its workforce by another 5% to 10% as chief executive Lip-Bu Tan continues to remove management layers and withdraw resources from lower-margin products, according to a new…
Global FX Market Summary: Oil Shocks, Fed Hike Bets, and…
Escalating Middle East energy shocks, global central bank tightening, and a surging Japanese Yen dominate shifting financial markets. Geopolitical Tensions and Energy Shocks Escalating military conflicts between the United States…
Apple stock falls to key support ahead of foldable iPhone launch: buy the dip?
Apple stock has pulled back over the past few days as investors turn their attention to the company’s upcoming event, where it is expected to unveil its foldable phone. AAPL…
Why SpaceX stock is slipping around 4% today
SpaceX (SPCX) stock fell around 4% on Wednesday to around $147, giving back most of Tuesday’s 3.7% gain as another major batch of shares became eligible for trading. The stock…