The controversial defense contractor saw a sixfold surge in the value of its stock last year.
A trio of economic data doomed stocks to their worst day of 2025
The S&P 500 dropped 1.7% and the tech-heavy Nasdaq lost more than 2% on Friday.
Stock of the day: UnitedHealth drops 13% on report DOJ is investigating Medicare billing practices
UnitedHealth Group called The Wall Street Journal's report "misinformation" and said it was unaware of reported investigaiton.
SEC commissioner Hester Peirce promises 'more clarity' for crypto industry
SEC commissioner Hester Peirce told Yahoo Finance that she now hopes to provide "greater clarity" for a crypto industry that long argued Washington, D.C., treated it unfairly and inconsistently.
Meme stock icon Ryan Cohen reportedly has a $1 billion bet on Chinese tech giant Alibaba
Cohen, the CEO of GameStop and a hero among the meme stock crowd, has grown his bullish bet on the Chinese tech giant to $1 billion, the Journal reported.
Dow drops 700 points for worst day of 2025 so far on new fears about economic growth
Stocks sold off on Friday as new U.S. data sparked concern among investors over a slowing economy and sticky inflation, leading them in search of safer assets.
Cryptocurrency exchange says it was victim of $1.5 billion hack
A major cryptocurrency exchange says it was the victim of a sophisticated hack that stole about $1.5 billion worth of digital currency, marking one of the biggest online thefts of all time. Bybit said Friday that a routine transfer of Ethereum, one of the most popular cryptocurrencies, between digital wallets was “manipulated” by an attacker who transferred the crypto to an unidentified address.
Wall Street giant Morgan Stanley eases diversity emphasis in annual report
The report omitted the bank's past statement that "a diverse and inclusive workforce is important to Morgan Stanley's continued success." Instead, the report now says: "meritocracy is at the heart of Morgan Stanley's talent development" and "a workforce that represents the societies in which we live and work, and our global client base, is integral to Morgan Stanley's continued success." Several corporate giants have been softening their diversity commitments amid a push by Trump to dismantle diversity, equity and inclusion (DEI) programs in the federal government and the private sector.
These AI Stocks Plunged During Friday's Sell-Off
High-flying AI stocks tumbled on Friday amid a broad risk-averse pivot on Wall Street.
Transport stocks take a hit on Wall Street on economic and tariff fears
Transportation stocks went sharply in reverse on Friday with the economic bellwether Dow Jones Transport average index falling more than 2.6% in its steepest daily loss since December 18 and its third consecutive decline, as investors reacted to weak economic readings and worried about tariffs. While the transport index pared its losses by the close, most of its stocks fell for the day. Its biggest decliner was Old Dominion, finishing down 8.5%.