Shares of Corning, a beneficiary of the artificial intelligence (AI) boom, rose about 1% Tuesday after the specialty glass maker raised its longer-term and first-quarter outlooks.
Choppy Trump policies, stocks drop has some rethinking retirement plans
(Reuters) -Victor Fettes, 54, is going ahead with his long-planned retirement next Friday. But the recent decline in the stock market and uncertainty over how U.S. President Donald Trump’s policies will hit the economy have him rethinking how he’ll spend it.
Why Reddit (RDDT) Stock Is Nosediving
Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 11.9% in the afternoon session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%.
Robinhood (HOOD) Stock Trades Down, Here Is Why
Shares of financial services company Robinhood (NASDAQ:HOOD) fell 7.1% in the morning session after markets seemed to have caught "tariff/trade war fever" once again (Nasdaq down 1.9%, S&P 500 down 1.2%) amid broader geopolitical anxiety. The volatility was perhaps also related to uncertainty surrounding the Fed's rate decision to be announced later in the week. The consensus estimate was for the Fed to keep interest rates at the range of 4.25%-4.5%. This could be a bit of a letdown for the dovi
Apple stock rout shaves nearly $700 billion from market cap since record close
Apple stock has fallen roughly 18% from its record close in December, shedding more than $700 billion off of the iPhone maker’s market cap as investors scrutinize the company’s AI play.
Here's What Dip Buyers Bought Amid Last Week's Stock Sell-Off
Dip buyers came out in spades last week, according to client fund flow data from Bank of America.
Stoke Therapeutics Stock Slips as CEO Steps Down
Shares of Stoke Therapeutics sank Tuesday as the drugmaker said its CEO Dr. Edward Kaye is stepping down from his role.
Xapo Bank launches Bitcoin-backed loans
By using Bitcoin as collateral, qualifying Xapo Bank members can access USD funds without selling their assets.
Adobe rolls out AI agents for online marketing tools
Adobe on Tuesday said it is rolling out artificial intelligence "agents" that brands can use to help consumers navigate their websites. Adobe is known for consumer apps such as Photoshop but also sells a suite of business-to-business software tools used in online marketing, which made up a quarter of Adobe's $21.5 billion in sales in its most recent fiscal year. The new tools use AI technology to help brands target marketing messages to different users based on their online activity.
The Federal Reserve's Two-Day Policy Meeting Started Tuesday—Here's What You Need to Know
The Federal Open Market Committee meeting started Tuesday and will culminate with a written policy statement and press conference Wednesday—but don't expect much clarity on where interest rates are headed.