Stock markets, commodities, and trading.
Meta shares plunged more than 8% as it said it plans to invest between $130 billion and $145 billion on AI this year.
Meta reported its Q2 earnings after the bell on Wednesday.
Asian shares are mixed but South Korea’s Kospi share index is trading about 6% lower on prolonged selling of chipmaking shares. Oil prices jumped more than 2%. The latest rout in Seoul was led by a ne...
Chinese internet stocks listed in Hong Kong bucked the broader regional weakness with Tencent, Meituan, Baidu and Kuaishou all trading higher.
Ford announced an operating profit of $2.5 billion from sales of $48.3 billion.
A sell-off in semiconductor stocks deepened on Tuesday.
S&P 500 futures drop. Investors are bracing for a big week of mega-cap earnings and a Federal Reserve meeting.
SK Hynix and Samsung shares tumble, pushing South Korea’s Kospi down more than 10%
Tech group becomes China’s most valuable listed company in mainland’s biggest IPO since 2010
The week ahead will have no shortage of challenges for the major averages.
Oil dropped, stocks and bonds rose as the US and Iran refrained from retaliatory strikes, easing concerns over potential disruptions to Middle East energy supplies after a recent escalation in the con...