The editorial board of The Wall Street Journal is coming out in opposition to Robert F. Kennedy Jr., President Trump’s pick to lead the Department of Health and Human Services (HHS). “Senate Republicans have an obligation to scrutinize his giant closet of business conflicts and dubious ideas,
NEW YORK (AP) — Wall Street is tumbling on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China. The S&P 500 fell 1.8% in early trading Monday.
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations.
Traders are scrambling for protection early Monday, amid savage selling of technology shares. The CBOE VIX index, a measure of expected S&P 500 volatility that's known as Wall Street's fear gauge, is soaring more than 30% to just above 19,
Stiffer competition for the tech giants at the forefront of the artificial intelligence boom prompted investors to reassess the companies’ sky-high valuations.
Shares of analog chip manufacturer Texas Instruments (NASDAQ:TXN) fell 5.9% in the morning session after the company reported underwhelming fourth-quarter results, with earnings guidance for the next quarter falling short of Wall Street's expectations.
The Dow Jones Industrial Average fell 140.82 points, or 0.32%, to 44,424.25, the S&P 500 lost 17.47 points, or 0.29%, to 6,101.24 and the Nasdaq Composite lost 99.38 points, or 0.50%, to 19,954.30.
U.S. President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, echoing Republican complaints about the industry.
DALLAS (AP) — DALLAS (AP) — Texas Instruments Inc. (TXN) on Thursday reported fourth-quarter net income of $1.21 billion. On a per-share basis, the Dallas-based company said it had net income of $1.30.
Many semiconductor stocks are poised to bounce on Tuesday following a sharp selloff on fears about Chinese artificial-intelligence startup DeepSeek.
Monday’s bloodbath in Nvidia and other AI stocks wiped out some $1 trillion from the stock market’s value.
The selloff​ extended to shares of natural-gas producers, pipeline operators, mining companies​, and electricity generators.