Wall Street ends mostly flat; Meta's AI-driven surge offsets broad weakness
US major indexes ended little changed; Meta surged 4.5% on AI agent news, lifting Nasdaq while other indices fell.
US major indexes ended little changed; Meta surged 4.5% on AI agent news, lifting Nasdaq while other indices fell.
A stockholder sued Estée Lauder's board over alleged daigou-driven gray-market sales in Asia, seeking repayment and governance reforms.
Anthropic CEO Dario Amodei faces political opposition from Trump allies over his AI safety stance, complicating the company's planned IPO.
Oil prices rose and bond yields surged, pressuring European stocks and broader risk sentiment.
European stocks opened lower as surging bond yields and higher oil prices weighed on risk sentiment.
MIT analysis finds hyperscalers need 2.7x productivity gains by 2030 to break even on $1.1 trillion AI bets.
Bangladesh orders additional Boeing jets to reduce risk of US tariffs on garment exports, expanding deal to 25 aircraft.
Palantir stock hit $190, a yearly high, after CEO meetings with European leaders, a U.S. Army contract, and a Chipotle pilot.
Paramount executives have discussed an equity injection from Elon Musk, according to Semafor, while shares hover near multi-year lows.
US stocks fell Wednesday with the Russell 2000 and Nasdaq leading losses as Treasury yields surged.
European stocks fell Wednesday as rising bond yields on both sides of the Atlantic weighed on sentiment.
Meta's $27.3 billion AI data center bond fell to 94.4 cents on the dollar, a record low, even as Meta's stock surged 9% in its biggest daily rally in a year.
President Trump's stock accounts sold Strategy shares in June and July, then bought back in. The stock surged 83% after the buybacks.
Morgan Stanley's Andrew Slimmon flags Japan and Europe opportunities as earnings revisions improve; the bank's Vintage Values list beat the S&P 500 by 1,316…
European stocks opened higher as oil prices continued to fall, easing inflation concerns and supporting risk appetite.