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Business & Finance
US stocks declined on Monday after the US attacked Iran for the first time in weeks, fueling a rise in oil prices and increased bets that the Federal Reserve would raise interest rates at its September meeting
Of late, Micheal Burry has been skeptical on the developments in the technology sector. Recently, Burry disclosed short positions in Oracle (ORCL) and Nebius Group (NBIS) citing “rising leverage risks linked to off-balance-sheet commitments across the technology and cloud sectors.”
(Bloomberg) — As investors debate whether and when the Federal Reserve will raise interest rates, market expectations for further tightening are building around the world — and spelling trouble for bonds
As OpenAI chases rival Anthropic in the enterprise and tries to sustain growth in the face of new competition from cheaper open- to reassure staffers that the business remains healthy
Microsoft posted strong results for its quarterly earnings on Wednesday, beating expectations and showing strong growth in its cloud computing platform and a boost in paid AI users
For a Federal Reserve chairman who prizes credibility above all other virtues, the market’s reaction to Kevin Warsh’s remarks Wednesday must have been painful.
A television station broadcasts Kevin Warsh, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting as a trader works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, July 29, 2026. Michael Nagle | Bloomberg | Getty Images
Micron(NASDAQ: MU) stock declined another 6% through 1:30 p.m. ET Wednesday, as new news from South Korea spooked investors in semiconductor stocks:
Investing.com — Meta Platforms shares tumbled 8% in after-hours trading on Wednesday after the company posted a second-quarter earnings miss and forecast third-quarter revenue below Wall Street expectations
Economy News
John Galliano has cancelled an upcoming major exhibition celebrating his work as a fashion designer after it prompted criticism due to his previous conviction for making antisemitic remarks
Top Trending
Microsoft is eliminating 4,800 jobs, representing 2.1% of its workforce, with the company’s Xbox division losing about one-fifth of its staff in the software giant’s latest effort to cut costs in the era of artificial intelligence
If investors are getting nervous about how fast tech stocks have risen this year, they aren’t really showing it
Traders work on the floor of the New York Stock Exchange during morning trading on July 01, 2026 in New York City. Michael M. Santiago | Getty Images
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