Meta’s stock drops on disappointing guidance, dwindling free cash flow
Meta issued a weaker-than-expected revenue forecast and narrowed its capex range for the year.
There’s a big rotation happening in the market. Two stocks to watch with attractive charts
Todd Gordon breaks down the rotation taking place in the market along with the technicals of two names.
OpenAI’s rogue agent compromised a customer at a second tech firm: Reuters
The intrusion at Hugging Face, carried out by an agent OpenAI was testing, drew global attention and evoked science-fiction scenarios of AI run amok.
Why shareholders are suing Novo Nordisk over next-generation weight-loss drug
Investors claim Novo Nordisk misled the market about CagriSema’s tolerability, after disappointing clinical trial results wiped billions off its market cap.
30-year Treasury yield hits highest level since 2007 after Fed keeps rates unchanged
The rate-setting Federal Open Market Committee left rates unchanged at the range of 3.5% to 3.75%.
BMW to cut several thousand jobs in latest blow to German auto sector
BMW said on Wednesday it will cut several thousand jobs in Germany by the end of 2027 under a voluntary redundancy program.
Fed likely to keep rates on hold, but Warsh to face some strong dissension. What to watch: Live coverage
Fed Chairman Kevin Warsh presides over his second meeting with dissent in the air.
Warren probes Pentagon program to hire highly paid private sector workers
Sen. Elizabeth Warren, D-Mass., said she is concerned about a Pentagon program to pay high salaries to Wall Street recruits.
‘PR problem’ is standing in the way of China’s humanoid robot boom, says Morgan Stanley
Its analysts have tempered optimism on the sector, writing that the robot industry faces several headwinds that could slow growth.
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch
The Swiss banking gian reported pre-tax profits of $3.6 billion for the quarter, as CEO Sergio Ermotti warned of geopolitical volatility ahead.
