Stocks making the biggest moves midday: Tesla, Hilton, Boeing, Mattel and more
These are the stocks posting the largest moves in midday trading.
TikTok creators fear for their livelihoods after U.S. lawmakers pass bill that could lead to ban
A TikTok ban could take years due to potential legal challenges, but creators worry about how they’ll make a living if it goes away.
European markets close lower as momentum falters; tech stocks hold gains
European markets closed lower Wednesday, shedding gains from the morning.
Tech companies are heavily exposed to China, putting gains at risk, Piper Sandler says
Tech companies are especially vulnerable to any weakness in China, with semiconductor businesses notably generating more than 30% of their sales in the country.
Biden signs Israel, Ukraine, TikTok bill into law
TikTok vowed to legally challenge the measure if President Joe Biden signed it into law.
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.
TikTok to suspend TikTok Lite’s reward programme amid EU concerns
TikTok will voluntarily suspend its new app TikTok Lite’s reward programme while it works to address EU concerns, the company said on X on Wednesday.
Klarna scores major payment deal with Uber ahead of hotly anticipated IPO
The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany and Sweden.
Microsoft, Amazon AI partnerships face scrutiny from British regulators
British antitrust regulators are seeking views on partnerships between Microsoft and Amazon with smaller generative AI model makers.
Riderless horses recovered after running loose through London; ‘a number’ of people injured
The U.K. army on Wednesday said they had recovered “a number” of military working horses after the animals broke free during a routine exercise.
