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Wall Street slips as tech stocks sink again
The U.S. stock market is slipping on Wednesday under the weight of sinking technology stocks. The S&P 500 dipped 0.2% and is on track for a fifth modest drop in the last six days. The Dow Jones
Lindsay Hubbard has made an empire out of being herself
The ‘Summer House’ veteran on charging premium rates for brand deals, and helping her castmates (and dates!) navigate entrepreneurship.
Bitcoin is having an existential crisis
The nomination of Kevin Warsh as Fed chair was the latest in a long line of hits absorbed by bitcoin in recent months.
Global software stock selloff—Oracle, Adobe, more—fueled by Anthropic’s new AI tools
What Do We Know About Anthropic’s Latest Ai Tools? Anthropic released plugins for its Claude Cowork AI agent the company claims can automate dozens of tasks, including plugins f
The biggest waste of money. 6 financial pros tell us what investments you may want to kick to the curb
Investments pros tell us are a waste of money right now Fee-laden, wirehouse-promoted mutual funds and certain AI stocks — Jeff Muscatello, financial risk manager and vice presi
Eli Lilly again tops $1 trillion market cap. Earnings show the stock can still surprise.
Eli Lilly reports fourth-quarter earnings and revenue that handily top expectations and issues solid guidance.
The brutal wipeout in software stocks is getting even worse, in 3 charts
Software stocks entered a bear market last week. The latest bout of selling was brought on by Anthropic's unveiling of a new plugin for its Cowork agent.
The brutal wipeout in software stocks is getting even worse, in 3 charts
Software stocks entered a bear market last week. The latest bout of selling was brought on by Anthropic's unveiling of a new plugin for its Cowork agent.
Private sector added 22,000 jobs in January, well below expectations, ADP says
The figure reported on Wednesday is below economists’ estimates of an increase of 48,000 jobs and higher than the prior month’s revised reading of a gain of 37,000 jobs.
AI threatens a Wall Street cash cow: Financial and legal data
Stock market losses highlighted the expanding threat of AI-driven disruption for financial services and the sector’s white-collar professionals.
AMD can’t bridge the gap between AI hope and near-term reality
That gain was powered in part by a multi-billion dollar deal with OpenAI to deploy its next-generation GPUs in exchange for warrants that could see the ChatGPT maker owning as much as 10% of AMD
Why nobody really knows the scale of the US housing crisis
Experts say the U.S. needs an additional 2 million to 20 million homes to fix the shortfall, underscoring the challenge of meeting the nation’s housing needs.
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