Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will…
Home Depot (HD) investors are optimistic that the chain is starting to turn things around. The home improvement chain has struggled as shoppers held off on major renovation projects amid…
The technology-heavy Nasdaq Composite is within striking distance of all-time highs set in December. Artificial intelligence (AI) has sparked growth and enthusiasm across the technology sector, fueling a rally that…
The DeepSeek dip is nearly over for Nvidia (NASDAQ: NVDA). I'm referring, of course, to the thrashing Nvidia's share price took last month when many investors panicked about the threat…
Palantir’s stock surge—over 600% in one year, before this week’s slide—has made its CEO Alex Karp a wealthy man. Karp sold nearly $2 billion worth of company shares last year,…
Photo: Spencer Platt (Getty Images) U.S. stocks plummeted on Friday on poor economic news. Consumer confidence weakened to the lowest level since November 2023, even as long-run inflation expectations rose…
(Bloomberg) -- Shares of MercadoLibre Inc. rallied after the Latin American e-commerce and fintech giant’s profit far surpassed estimates. Most Read from Bloomberg Net income in the fourth quarter was…
Each quarter, investors anxiously await the release of Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) 13F filing. The Securities and Exchange Commission (SEC) requires most large funds to disclose what stocks…
(Bloomberg) -- Startup Together AI, which provides users access to artificial intelligence computing, has raised $305 million from investors in deal led by General Catalyst, bringing the valuation of the…
The White House is tightening its control over how the Federal Reserve regulates big banks as part of a new executive order that gives President Donald Trump's appointees more power…