Author : Stewart Kerr

U.S. stocks plunged Thursday as investors dumped AI stocks, but market experts say Wall Street’s concerns go beyond a single bad day. The Dow Jones Industrial Average fell 1,833 points, or 3.44%, while the Nasdaq Composite plunged 5.52% in its worst session since April 2025. The Nasdaq also closed in......

McDonald’s is testing new value menu offerings with an eye toward launching a new national value menu program in early 2027. The fast-food giant has sought to counter slowing traffic in the U.S. as the company’s quarterly earnings release on Wednesday revealed comparable sales in the U.S. declined 0.2% in......

U.S. stock futures fell sharply as Democrats scored key victories in the midterm elections and the Fox News Decision Desk projected the party will take control of both chambers of Congress. S&P 500 futures fell 1.3%, while Nasdaq-100 futures dropped 2.2%. Futures tied to the Dow Jones Industrial Average slid......

U.S. stock futures were edging up Wednesday morning, reversing sharp early losses as Democrats scored key victories in the midterm elections and the Fox News Decision Desk projected the party will take control of both chambers of Congress. S&P 500 futures were up 0.35%, while Nasdaq-100 futures rose 0.16%. Futures......

Binance co-CEO Richard Teng addressed the public for the first time Tuesday following a historic cyber theft exceeding $6 billion, confirming the company is absorbing 100% of the losses with no customer balances compromised. “First of all, this should not have happened, and we apologize to our users for the......

Despite raising prices on multiple popular devices, Apple reported record September-quarter revenue and earnings per share Monday, driven by strong iPhone and Mac sales in the first earnings report under new CEO John Ternus. Revenue jumped a better-than-expected 12% from a year earlier to $114.5 billion, while earnings per share......

Google parent Alphabet lost approximately $500 billion in market value Thursday after its shares plunged nearly 13% following disappointing quarterly earnings, marking the second-largest single-day market value loss in stock market history. Alphabet’s Class A shares closed at $283.82, down 12.64%, wiping approximately $499.8 billion from the company’s market capitalization,......

DoorDash said on Thursday it would buy Instacart in a deal valued at about $17 billion, stepping up its push into the fast-growing U.S. grocery delivery market as competition among app-based platforms intensifies. DoorDash has offered Instacart shareholders $65 per share held, representing a premium of about 26% to the......

Nelson Peltz’s Trian Fund Management on Wednesday made an offer to buy Wendy’s for roughly $1.4 billion in a move that would make the fast-food chain a privately held company. Trian has been a long-term shareholder in Wendy’s and Peltz’s hedge fund is leading a group that offered to buy......

General Motors announced Tuesday that it will transfer its stock listing from the New York Stock Exchange to Nasdaq next month, a move the Detroit automaker said reflects its growing focus on technology and innovation. The company said its shares are expected to begin trading on the Nasdaq Global Select......