Browsing: drops

world soccer’s governing body, is shelving a controversial plan that would have allowed for billions of dollars in private commercial investment in the World Cup after the proposal was met with fierce opposition from its member nations.  

Roger Krone, chief executive officer of Scouting America, describes the design of the organization’s flag in Irving, Texas, Feb. 5, 2025. /LM Otero, File)

Oil prices got back to jumping on Wednesday, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control

What happened: Nvidia (NVDA) stock tumbled nearly 5% on Monday, weighing on the rest of the chip sector. As a result of the pullback, Apple (AAPL) surpassed Nvidia as the world’s most valuable public company

The blockbuster star criss-crossed the globe in recent weeks for high-profile stops to promote his starring turn as Odysseus in Christopher Nolan‘s The Odyssey, which is dominating the box office and earning Oscar buzz. But he just ducked into a much more intimate place — the Criterion Closet — for a walk down memory lane…

Strong revenue. Negative free cash flow. Capex guidance that made Wall Street flinch. Tesla dropped roughly 12% and Alphabet sank about 6% after Q2 2026 earnings — not because the businesses are broken, but because the AI spending plans look bottomless. Tesla burned through approximately $5.8 billion on AI initiatives in a single quarter. Alphabet…

US stocks were hammered on Thursday as the latest AI spending outlooks from Alphabet (GOOG) and Tesla (TSLA) spooked investors and oil prices surged above $100 in the wake of expanded attacks in the Middle East

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Pedestrians in front of an electronic quotation board displaying the Nikkei Stock Average on the Tokyo Stock Exchange on Friday.

U.S. President Donald Trump has dropped part of his $10 billion lawsuit against the BBC, new court documents reveal