Market insights and corporate developments
Shares have retreated in Asia on heavy selling of technology stocks, while the price of bitcoin fell as much as 8%. South Korea's Kospi dropped nearly 4%, while U.S. futures were mixed. Oil prices sank more than $1 a barrel. On Wednesday, the S&P 500 fell 0.5…
During Asian trading hours, BTC hit a low of $69,101 on Bitstamp.
Silver fell sharply, wiping out a two-day recovery, as the white metal struggled to find a floor following a historic market rout. Gold also declined.
The Department of Justice last week released millions of documents related to the notorious sex offender Jeffrey Epstein.
Many sectors had strong showings Wednesday in a deeply divided market.
There have been many AI-driven selloffs in the three years since ChatGPT burst into the mainstream. Nothing, though, quite rivals the rout rippling through stock and credit markets this week.
During a hearing at the US Senate, Netflix co-CEO Ted Sarandos said the company is working with the US government on guardrails against more price hikes.
Elon Musk is bringing the same revolutionary thinking that helped him upend the car industry to the data center business with promises this week to put up to a million new satellites in the sky. But it won’t be easy. Experts say it’s not clear how Musk will k…
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Investors dropped shares of Advanced Micro Devices after its latest earnings. Its CEO says they should be excited about what's ahead this year.
E.l.f. Beauty said its acquisition of Hailey Bieber's skin-care company, Rhode, contributed $128 million to the company's net third-quarter sales growth.