Stock Market News Review: SPY, QQQ Blindsided by Alarming Layoffs Data as VIX Surges – TipRanks.com Advertisement Both the S&P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) closed deep in the red over renewed labor market and AI valuation concerns. The Volatility Index (VIX), which measures expected stock market volatility over the next…
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The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range…
Starbucks announced its 2025 holiday menu with several existing and new flavored drinks going on sale this week, but what’s generating the most buzz is a new item: a $30 “bearista” mug, a glass cup for cold drinks resembling a honey bear container. The mug, which is topped with a green silicone beanie, went on sale…
U.S. Stock Futures Slip as Key AI Stocks Fall on Valuation Concerns – TipRanks.com Advertisement U.S. stock futures were down Thursday night after a selloff in major AI stocks that dragged the market lower earlier in the day. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down…
Rarely has a month gone by in 2025 without OpenAI signing another multibillion-dollar data center deal. In a lengthy post on X on Thursday, OpenAI CEO Sam Altman publicly clarified the totals. “We expect to end this year above $20 billion in annualized revenue run rate and grow to hundreds of billion by 2030. We…
Noor Nanji & Zoe ConwayBBC News Getty Images McDonald’s will bring in new sexual harassment training for managers in strengthened measures agreed with the equality watchdog to protect its staff from abuse. The move was “in response to serious allegations raised”, the watchdog said, after it initially intervened in the company. A BBC investigation two…
The Nasdaq Composite closed lower Friday, pressured by more losses in artificial intelligence stocks, to post a losing week as new economic data added to investors’ fears of a slowdown. The tech-heavy index shed 0.21% to finish at 23,004.54. In contrast, the S&P 500 and the Dow Jones Industrial Average inched into the green. The…
Updated 7:40 PM At least 3 close calls have occurred at airports during government shutdown There have been at least three apparent close calls at major airports during the government shutdown. In one of those incidents, which occurred on Oct. 31, American Airlines Flight 4 to New York and ITA 621, an Italian airliner,…
Texas Attorney General Ken Paxton says he has sued Roblox over “flagrantly ignoring” safety laws and “deceiving parents” about the dangers the online video gaming platform poses to young people. In a social media post he said Roblox is a “breeding ground for predators”, accusing Roblox of putting “pixel paedophiles and corporate profit” over the…